Dr Pepper Snapple Group, Inc (DPS) Holdings Boosted by Icon Advisers Inc. Co.

Icon Advisers Inc. Co. boosted its position in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 20.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,800 shares of the company’s stock after buying an additional 2,700 shares during the quarter. Icon Advisers Inc. Co.’s holdings in Dr Pepper Snapple Group were worth $1,398,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Acrospire Investment Management LLC increased its position in shares of Dr Pepper Snapple Group by 100.0% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock worth $109,000 after purchasing an additional 600 shares during the last quarter. Parallel Advisors LLC increased its position in shares of Dr Pepper Snapple Group by 34.9% in the 2nd quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock worth $110,000 after purchasing an additional 313 shares during the last quarter. Sun Life Financial INC increased its position in shares of Dr Pepper Snapple Group by 13,360.0% in the 2nd quarter. Sun Life Financial INC now owns 1,346 shares of the company’s stock worth $123,000 after purchasing an additional 1,336 shares during the last quarter. Huntington National Bank increased its position in shares of Dr Pepper Snapple Group by 51.8% in the 2nd quarter. Huntington National Bank now owns 1,670 shares of the company’s stock worth $152,000 after purchasing an additional 570 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Dr Pepper Snapple Group by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,926 shares of the company’s stock worth $175,000 after purchasing an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 88.59% of the company’s stock.

In related news, insider Angela A. Stephens sold 7,700 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $91.12, for a total transaction of $701,624.00. Following the completion of the sale, the insider now owns 6,053 shares of the company’s stock, valued at approximately $551,549.36. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.58% of the stock is owned by corporate insiders.

Several research firms have recently weighed in on DPS. Wells Fargo & Company raised shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a research report on Monday, October 23rd. Macquarie began coverage on shares of Dr Pepper Snapple Group in a research report on Friday, September 15th. They issued a “neutral” rating and a $95.00 target price for the company. UBS AG boosted their target price on shares of Dr Pepper Snapple Group from $98.00 to $99.00 and gave the stock a “neutral” rating in a research report on Friday, July 28th. BidaskClub raised shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Finally, Susquehanna Bancshares Inc set a $96.00 target price on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Thursday, July 27th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $99.45.

Shares of Dr Pepper Snapple Group, Inc (DPS) traded down $0.63 during trading hours on Friday, hitting $86.40. 652,700 shares of the company were exchanged, compared to its average volume of 1,183,938. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 2.07. Dr Pepper Snapple Group, Inc has a twelve month low of $83.23 and a twelve month high of $99.47. The company has a market cap of $15,598.79, a P/E ratio of 19.64, a PEG ratio of 2.17 and a beta of 0.57.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.06). Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The business had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the company earned $1.17 EPS. Dr Pepper Snapple Group’s quarterly revenue was up 3.6% on a year-over-year basis. analysts expect that Dr Pepper Snapple Group, Inc will post 4.54 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Investors of record on Thursday, December 14th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Wednesday, December 13th. Dr Pepper Snapple Group’s dividend payout ratio is presently 58.15%.

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Dr Pepper Snapple Group Profile

Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

Institutional Ownership by Quarter for Dr Pepper Snapple Group (NYSE:DPS)

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