Private Advisor Group LLC increased its holdings in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 23.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,260 shares of the company’s stock after buying an additional 1,193 shares during the quarter. Private Advisor Group LLC’s holdings in Dr Pepper Snapple Group were worth $551,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Chilton Investment Co. LLC purchased a new position in Dr Pepper Snapple Group in the second quarter valued at about $21,943,000. Principal Financial Group Inc. lifted 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 worth $110,203,000 after buying an additional 800,808 shares during the last quarter. Amica Mutual Insurance Co. acquired a new stake in shares of Dr Pepper Snapple Group in the third quarter worth about $790,000. Sit Investment Associates Inc. lifted its position 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 buying an additional 11,495 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position 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. Hedge funds and other institutional investors own 91.27% of the company’s stock.

Dr Pepper Snapple Group Inc. (NYSE:DPS) traded up $0.37 during midday trading on Tuesday, hitting $94.52. The company had a trading volume of 721,500 shares, compared to its average volume of 1,186,615. Dr Pepper Snapple Group Inc. has a fifty-two week low of $83.23 and a fifty-two 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. The firm has a market cap of $16,997.98, a PE ratio of 21.40, a PEG ratio of 2.37 and a beta of 0.59.

Dr Pepper Snapple Group (NYSE:DPS) last posted 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). Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The business had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same period in the prior year, the firm posted $1.17 EPS. Dr Pepper Snapple Group’s revenue for the quarter was up 3.6% on a year-over-year basis. sell-side 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 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 dividend yield of 2.45%. Dr Pepper Snapple Group’s dividend payout ratio is presently 58.15%.

A number of analysts have weighed in on the company. Wells Fargo & Company raised Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a research report on Monday, October 23rd. BMO Capital Markets reaffirmed a “buy” rating and issued a $105.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, October 27th. Susquehanna Bancshares set a $89.00 price target on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Jefferies Group reduced 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, Royal Bank of Canada reaffirmed a “hold” rating and issued a $91.00 price target on shares of Dr Pepper Snapple Group in a research report on Wednesday, October 25th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $99.45.

ILLEGAL ACTIVITY WARNING: “Dr Pepper Snapple Group Inc. (DPS) Shares Bought by Private Advisor Group LLC” was first reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The legal version of this report can be viewed at https://www.watchlistnews.com/dr-pepper-snapple-group-inc-dps-shares-bought-by-private-advisor-group-llc/1759475.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.

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.