Korea Investment CORP lifted its holdings in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 68.2% during the second quarter, HoldingsChannel.com reports. The firm owned 42,407 shares of the company’s stock after purchasing an additional 17,200 shares during the quarter. Korea Investment CORP’s holdings in Dr Pepper Snapple Group were worth $5,174,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cerebellum GP LLC raised its stake in Dr Pepper Snapple Group by 38,275.0% in the 2nd quarter. Cerebellum GP LLC now owns 1,535 shares of the company’s stock valued at $187,000 after acquiring an additional 1,531 shares during the period. Regentatlantic Capital LLC bought a new stake in Dr Pepper Snapple Group in the 2nd quarter valued at about $200,000. Boston Private Wealth LLC bought a new stake in Dr Pepper Snapple Group in the 1st quarter valued at about $201,000. Guyasuta Investment Advisors Inc. bought a new stake in Dr Pepper Snapple Group in the 1st quarter valued at about $208,000. Finally, Parallel Advisors LLC raised its stake in Dr Pepper Snapple Group by 103.4% in the 1st quarter. Parallel Advisors LLC now owns 1,859 shares of the company’s stock valued at $220,000 after acquiring an additional 945 shares during the period. Institutional investors own 92.67% of the company’s stock.

DPS stock opened at $123.66 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.66. The stock has a market cap of $22.29 billion, a price-to-earnings ratio of 27.24, a P/E/G ratio of 2.29 and a beta of 0.76. Dr Pepper Snapple Group Inc. has a twelve month low of $83.23 and a twelve month high of $126.65.

DPS has been the topic of a number of research reports. Stifel Nicolaus cut Dr Pepper Snapple Group from a “buy” rating to a “hold” rating and set a $122.00 price objective on the stock. in a research note on Monday, June 18th. Stephens restated a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Tuesday, July 10th. Finally, Zacks Investment Research cut Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Tuesday, June 26th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $118.85.

Dr Pepper Snapple Group Profile

Dr Pepper Snapple Group, Inc manufactures and distributes non-alcoholic beverages in the United States, Mexico and the Caribbean, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, mineral and coconut water, and mixers, as well as manufactures and sells Mott's apple sauces.

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

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