Dr Pepper Snapple Group Inc. (DPS) Shares Bought by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC raised its position in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,595 shares of the company’s stock after acquiring an additional 646 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Dr Pepper Snapple Group were worth $5,007,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Gamco Investors INC. ET AL purchased a new stake in shares of Dr Pepper Snapple Group in the second quarter valued at approximately $88,794,000. Janus Henderson Group PLC grew its position in shares of Dr Pepper Snapple Group by 684.7% in the second quarter. Janus Henderson Group PLC now owns 964,536 shares of the company’s stock valued at $87,880,000 after purchasing an additional 841,626 shares in the last quarter. BlackRock Inc. grew its position in shares of Dr Pepper Snapple Group by 4.9% in the second quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock valued at $1,564,543,000 after purchasing an additional 802,560 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Dr Pepper Snapple Group by 195.9% in the second quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock valued at $110,203,000 after purchasing an additional 800,808 shares in the last quarter. Finally, Gabelli Funds LLC purchased a new stake in shares of Dr Pepper Snapple Group in the second quarter valued at approximately $64,750,000. 91.12% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have recently issued reports on DPS shares. BidaskClub upgraded Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. BMO Capital Markets restated a “buy” rating and issued a $105.00 price target on shares of Dr Pepper Snapple Group in a research report on Wednesday, September 6th. Macquarie started coverage on Dr Pepper Snapple Group in a research report on Friday, September 15th. They issued a “neutral” rating and a $95.00 price target for the company. Jefferies Group dropped their price target on Dr Pepper Snapple Group from $112.00 to $111.00 and set a “buy” rating for the company in a research report on Friday, October 13th. Finally, Zacks Investment Research lowered Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $99.45.

Shares of Dr Pepper Snapple Group Inc. (NYSE DPS) traded up $0.07 during trading on Monday, reaching $90.26. The company had a trading volume of 1,497,200 shares, compared to its average volume of 1,183,930. The stock has a market capitalization of $16,295.68, a price-to-earnings ratio of 20.51, a price-to-earnings-growth ratio of 2.27 and a beta of 0.59. Dr Pepper Snapple Group Inc. has a 52 week low of $83.23 and a 52 week high of $99.47. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 2.07.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings data on Wednesday, October 25th. The company reported $1.10 earnings per share for the quarter, missing the consensus estimate of $1.16 by ($0.06). The business had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The company’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.17 earnings per share. equities research analysts predict 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 $0.58 dividend. The ex-dividend date of this dividend is Wednesday, December 13th. This represents a $2.32 annualized dividend and a yield of 2.57%. Dr Pepper Snapple Group’s payout ratio is 58.15%.

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Dr Pepper Snapple Group Company 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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