Aurora Investment Counsel purchased a new position in Dr Pepper Snapple Group Inc. (NYSE:DPS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 22,838 shares of the company’s stock, valued at approximately $2,217,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Amica Mutual Insurance Co. purchased a new position in shares of Dr Pepper Snapple Group in the third quarter worth $790,000. Victory Capital Management Inc. raised its holdings in shares of Dr Pepper Snapple Group by 7.7% in the third quarter. Victory Capital Management Inc. now owns 36,342 shares of the company’s stock worth $3,215,000 after buying an additional 2,607 shares during the last quarter. Sit Investment Associates Inc. increased its stake in shares of Dr Pepper Snapple Group by 5.8% in the third quarter. Sit Investment Associates Inc. now owns 209,045 shares of the company’s stock worth $18,494,000 after acquiring an additional 11,495 shares during the period. Wells Fargo & Company MN increased its stake in shares of Dr Pepper Snapple Group by 0.7% in the second quarter. Wells Fargo & Company MN now owns 2,259,175 shares of the company’s stock worth $205,835,000 after acquiring an additional 15,523 shares during the period. Finally, Swiss National Bank increased its stake in shares of Dr Pepper Snapple Group by 1.0% in the third quarter. Swiss National Bank now owns 1,197,113 shares of the company’s stock worth $105,909,000 after acquiring an additional 12,200 shares during the period. 91.07% of the stock is owned by institutional investors and hedge funds.

A number of research firms have recently weighed in on DPS. Wells Fargo & Co increased their price objective on shares of Dr Pepper Snapple Group from $98.00 to $112.00 and gave the stock an “outperform” rating in a research note on Thursday. Macquarie began coverage on shares of Dr Pepper Snapple Group in a research note on Friday, September 15th. They issued a “neutral” rating and a $95.00 price objective on the stock. Deutsche Bank began coverage on shares of Dr Pepper Snapple Group in a research note on Wednesday, December 13th. They issued a “buy” rating and a $104.00 price objective on the stock. Stifel Nicolaus cut their price objective on shares of Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating on the stock in a research note on Thursday, October 26th. Finally, Zacks Investment Research lowered shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. Dr Pepper Snapple Group currently has a consensus rating of “Hold” and an average target price of $100.77.

Dr Pepper Snapple Group Inc. (NYSE:DPS) traded up $0.05 during mid-day trading on Thursday, reaching $95.32. 1,202,200 shares of the company traded hands, compared to its average volume of 1,483,050. The firm has a market capitalization of $17,330.00, a price-to-earnings ratio of 23.89, a PEG ratio of 2.24 and a beta of 0.58. 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 52 week low of $83.23 and a 52 week high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.77 billion. Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.17 EPS. research analysts predict that Dr Pepper Snapple Group Inc. will post 4.53 EPS for the current year.

The company also recently declared 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. The ex-dividend date of this dividend is Wednesday, December 13th. This represents a $2.32 annualized dividend and a yield of 2.43%. Dr Pepper Snapple Group’s dividend payout ratio is presently 58.15%.

TRADEMARK VIOLATION NOTICE: “Aurora Investment Counsel Invests $2.22 Million in Dr Pepper Snapple Group Inc. (DPS)” was first posted by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.watchlistnews.com/aurora-investment-counsel-invests-2-22-million-in-dr-pepper-snapple-group-inc-dps/1794482.html.

About Dr Pepper Snapple Group

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.

Want to see what other hedge funds are holding DPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dr Pepper Snapple Group Inc. (NYSE:DPS).

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

Receive News & Ratings for Dr Pepper Snapple Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dr Pepper Snapple Group and related companies with Analyst Ratings Network's FREE daily email newsletter.