Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 8.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 45,278 shares of the company’s stock after buying an additional 3,575 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Dr Pepper Snapple Group were worth $4,006,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DPS. Gamco Investors INC. ET AL acquired a new position in shares of Dr Pepper Snapple Group during the second quarter worth $88,794,000. Janus Henderson Group PLC increased its holdings in shares of Dr Pepper Snapple Group by 684.7% during the second quarter. Janus Henderson Group PLC now owns 964,536 shares of the company’s stock worth $87,880,000 after buying an additional 841,626 shares in the last quarter. BlackRock Inc. increased its holdings in shares of Dr Pepper Snapple Group by 4.9% during the second quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock worth $1,564,543,000 after buying an additional 802,560 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Dr Pepper Snapple Group by 195.9% during the second quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock worth $110,203,000 after buying an additional 800,808 shares in the last quarter. Finally, Gabelli Funds LLC acquired a new position in shares of Dr Pepper Snapple Group during the second quarter worth $64,750,000. Institutional investors own 90.14% of the company’s stock.

In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $91.12, for a total transaction of $701,624.00. Following the sale, the insider now owns 6,053 shares of the company’s stock, valued at $551,549.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.58% of the company’s stock.

WARNING: “Dr Pepper Snapple Group, Inc (DPS) Shares Bought by Fjarde AP Fonden Fourth Swedish National Pension Fund” was posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another site, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this piece can be viewed at https://www.watchlistnews.com/dr-pepper-snapple-group-inc-dps-shares-bought-by-fjarde-ap-fonden-fourth-swedish-national-pension-fund/1711888.html.

Shares of Dr Pepper Snapple Group, Inc (DPS) traded up $0.14 on Friday, reaching $87.26. 661,973 shares of the company’s stock were exchanged, compared to its average volume of 1,189,547. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 2.07. The company has a market capitalization of $15,750.00, a PE ratio of 19.96, a P/E/G ratio of 2.21 and a beta of 0.57. Dr Pepper Snapple Group, Inc has a twelve month low of $82.89 and a twelve month high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 EPS for the quarter, missing the Zacks’ consensus estimate of $1.16 by ($0.06). The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a net margin of 11.06% and a return on equity of 37.53%. The business’s revenue was up 3.6% compared to the same quarter last year. During the same period last year, the company posted $1.17 EPS. research analysts forecast that Dr Pepper Snapple Group, Inc will post 4.54 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 4th. Shareholders 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 dividend on an annualized basis and a yield of 2.66%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is currently 58.15%.

DPS has been the subject of several research analyst reports. Jefferies Group LLC reiterated a “buy” rating and set a $112.00 price target on shares of Dr Pepper Snapple Group in a report on Tuesday, August 1st. Credit Suisse Group set a $107.00 price objective on shares of Dr Pepper Snapple Group and gave the stock a “buy” rating in a research note on Thursday, July 27th. BMO Capital Markets reissued a “buy” rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a research note on Wednesday, September 6th. Stifel Nicolaus reduced 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, Royal Bank Of Canada reissued a “hold” rating and issued a $91.00 price objective on shares of Dr Pepper Snapple Group in a research note on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $99.45.

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.

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