Old Mutual Global Investors UK Ltd. trimmed its holdings in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 98.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,081 shares of the company’s stock after selling 296,410 shares during the quarter. Old Mutual Global Investors UK Ltd.’s holdings in Dr Pepper Snapple Group were worth $361,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in shares of Dr Pepper Snapple Group by 5.1% during the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 30,552 shares of the company’s stock worth $2,703,000 after buying an additional 1,489 shares during the period. Forsta AP Fonden raised its stake in shares of Dr Pepper Snapple Group by 14.9% during the 3rd quarter. Forsta AP Fonden now owns 74,021 shares of the company’s stock worth $6,549,000 after buying an additional 9,623 shares during the period. Advisors Preferred LLC acquired a new position in shares of Dr Pepper Snapple Group during the 3rd quarter worth approximately $421,000. State Board of Administration of Florida Retirement System raised its stake in shares of Dr Pepper Snapple Group by 0.9% during the 3rd quarter. State Board of Administration of Florida Retirement System now owns 294,115 shares of the company’s stock worth $26,020,000 after buying an additional 2,630 shares during the period. Finally, Wedge Capital Management L L P NC raised its stake in shares of Dr Pepper Snapple Group by 0.9% during the 3rd quarter. Wedge Capital Management L L P NC now owns 429,687 shares of the company’s stock worth $38,014,000 after buying an additional 3,815 shares during the period. 90.73% of the stock is owned by institutional investors and hedge funds.

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 stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the completion of the sale, the insider now directly owns 6,053 shares in the company, valued at approximately $551,549.36. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Angela A. Stephens sold 3,160 shares of the company’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total value of $292,331.60. Following the completion of the sale, the insider now owns 16,913 shares of the company’s stock, valued at $1,564,621.63. The disclosure for this sale can be found here. 0.58% of the stock is owned by corporate insiders.

Dr Pepper Snapple Group, Inc (NYSE DPS) opened at $86.32 on Friday. 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 $15,470.60, a price-to-earnings ratio of 19.48, a P/E/G ratio of 2.16 and a beta of 0.57. 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 issued its earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The company had revenue of $1.74 billion during the quarter, compared to analysts’ expectations 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 previous year, the company earned $1.17 earnings per share. equities analysts predict that Dr Pepper Snapple Group, Inc will post 4.54 earnings per share for the current year.

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Several research analysts have recently weighed in on the company. BMO Capital Markets reaffirmed a “buy” rating and set a $105.00 target price on shares of Dr Pepper Snapple Group in a research note on Friday, October 27th. Morgan Stanley reduced their target price on Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating for the company in a research note on Thursday, October 26th. Stifel Nicolaus reduced their target price on Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating for the company in a research note on Thursday, October 26th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $91.00 target price on shares of Dr Pepper Snapple Group in a research note on Wednesday, October 25th. Finally, Susquehanna Bancshares Inc set a $89.00 target price on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research note on Wednesday, October 25th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $99.45.

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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