Bp Plc held its stake in Dr Pepper Snapple Group, Inc (NYSE:DPS) during the second quarter, Holdings Channel reports. The fund owned 21,000 shares of the company’s stock at the end of the second quarter. Bp Plc’s holdings in Dr Pepper Snapple Group were worth $1,914,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of DPS. Huntington National Bank raised its stake in Dr Pepper Snapple Group by 5.4% in the first quarter. Huntington National Bank now owns 1,100 shares of the company’s stock worth $108,000 after buying an additional 56 shares in the last quarter. Baystate Wealth Management LLC raised its stake in Dr Pepper Snapple Group by 5.0% in the first quarter. Baystate Wealth Management LLC now owns 1,113 shares of the company’s stock worth $108,000 after buying an additional 53 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in Dr Pepper Snapple Group during the first quarter worth approximately $113,000. Financial Architects Inc raised its stake in Dr Pepper Snapple Group by 4.8% in the second quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock worth $121,000 after buying an additional 61 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in Dr Pepper Snapple Group by 3.2% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,817 shares of the company’s stock worth $178,000 after buying an additional 57 shares in the last quarter. 90.74% of the stock is currently owned by hedge funds and other institutional investors.

Dr Pepper Snapple Group, Inc (DPS) opened at 90.38 on Friday. The company has a market capitalization of $16.42 billion, a price-to-earnings ratio of 21.67 and a beta of 0.60. The company’s 50-day moving average is $90.83 and its 200 day moving average is $93.13. Dr Pepper Snapple Group, Inc has a 52 week low of $81.05 and a 52 week high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings results on Thursday, July 27th. The company reported $1.25 earnings per share for the quarter, missing the consensus estimate of $1.28 by $0.03. The company had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a net margin of 11.73% and a return on equity of 38.28%. The business’s revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.25 EPS. On average, analysts forecast that Dr Pepper Snapple Group, Inc will post $4.63 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 14th will be issued a $0.58 dividend. This represents a $2.32 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend is Wednesday, September 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is currently 55.64%.

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A number of equities research analysts have recently commented on DPS shares. Jefferies Group LLC reaffirmed a “buy” rating and issued a $116.00 price objective (up from $115.00) on shares of Dr Pepper Snapple Group in a research note on Tuesday, April 18th. BMO Capital Markets reaffirmed a “buy” rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a research note on Wednesday, July 12th. Zacks Investment Research raised shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price objective on the stock in a research note on Tuesday, June 27th. Credit Suisse Group reaffirmed a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Friday, June 23rd. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $91.00 price objective on shares of Dr Pepper Snapple Group in a research note on Monday, May 15th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $99.64.

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.

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

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