IFP Advisors Inc reduced its position in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 7.2% during the second quarter, Holdings Channel reports. The institutional investor owned 5,881 shares of the company’s stock after selling 455 shares during the period. IFP Advisors Inc’s holdings in Dr Pepper Snapple Group were worth $536,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. 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 valued at $108,000 after buying an additional 53 shares during the period. Meeder Asset Management Inc. purchased a new stake in Dr Pepper Snapple Group during the first quarter valued at 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 valued at $121,000 after buying an additional 61 shares during the period. 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 valued at $178,000 after buying an additional 57 shares during the period. Institutional investors own 90.74% of the company’s stock.

Dr Pepper Snapple Group, Inc (NYSE:DPS) opened at 90.38 on Friday. The company has a market capitalization of $16.42 billion, a P/E ratio of 21.67 and a beta of 0.60. Dr Pepper Snapple Group, Inc has a 12-month low of $81.05 and a 12-month high of $99.47. The company has a 50-day moving average of $90.83 and a 200 day moving average of $93.13.

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

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 14th will be given a dividend of $0.58 per share. The ex-dividend date is Wednesday, September 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.57%. Dr Pepper Snapple Group’s dividend payout ratio is 55.64%.

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Several equities research analysts have commented on DPS shares. Jefferies Group LLC reiterated a “buy” rating and issued a $116.00 price objective (up previously from $115.00) on shares of Dr Pepper Snapple Group in a research note on Tuesday, April 18th. BMO Capital Markets reiterated 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 upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price objective for the company in a research note on Tuesday, June 27th. Credit Suisse Group reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Friday, June 23rd. Finally, Royal Bank Of Canada reiterated 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 investment 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 company currently has a consensus rating of “Hold” and a consensus target price of $99.64.

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.

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

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