Insider Buying: Keurig Dr Pepper Inc (NYSE:KDP) Insider Buys $161,820.00 in Stock

Keurig Dr Pepper Inc (NYSE:KDP) insider Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock in a transaction that occurred on Tuesday, September 10th. The shares were bought at an average price of $26.97 per share, with a total value of $161,820.00.

Mary Beth Denooyer also recently made the following trade(s):

  • On Tuesday, September 3rd, Mary Beth Denooyer acquired 6,000 shares of Keurig Dr Pepper stock. The stock was acquired at an average price of $26.85 per share, with a total value of $161,100.00.
  • On Tuesday, August 27th, Mary Beth Denooyer acquired 6,000 shares of Keurig Dr Pepper stock. The stock was acquired at an average price of $26.78 per share, with a total value of $160,680.00.
  • On Tuesday, August 20th, Mary Beth Denooyer acquired 6,000 shares of Keurig Dr Pepper stock. The stock was acquired at an average price of $27.99 per share, with a total value of $167,940.00.

Shares of NYSE:KDP opened at $27.55 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.33 and a quick ratio of 0.23. The business’s 50 day moving average price is $27.69 and its 200-day moving average price is $28.09. The firm has a market capitalization of $38.91 billion, a PE ratio of 24.05, a P/E/G ratio of 1.48 and a beta of 0.45. Keurig Dr Pepper Inc has a 1 year low of $22.19 and a 1 year high of $31.06.

Keurig Dr Pepper (NYSE:KDP) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.01. The firm had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.86 billion. Keurig Dr Pepper had a return on equity of 7.15% and a net margin of 8.82%. The business’s revenue was up 196.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.30 earnings per share. As a group, analysts expect that Keurig Dr Pepper Inc will post 1.22 earnings per share for the current year.

A number of analysts have recently commented on the company. ValuEngine cut Keurig Dr Pepper from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Credit Suisse Group assumed coverage on Keurig Dr Pepper in a research report on Wednesday, July 17th. They issued a “neutral” rating and a $27.00 price objective for the company. Zacks Investment Research upgraded Keurig Dr Pepper from a “hold” rating to a “buy” rating and set a $32.00 price objective for the company in a research report on Wednesday, June 19th. Bank of America boosted their price objective on Keurig Dr Pepper from $30.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Finally, BMO Capital Markets upgraded Keurig Dr Pepper from a “market perform” rating to an “outperform” rating and boosted their price objective for the company from $27.00 to $34.00 in a research report on Monday, June 17th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the company’s stock. Keurig Dr Pepper currently has a consensus rating of “Buy” and a consensus price target of $30.27.

Several large investors have recently modified their holdings of the company. Parallel Advisors LLC boosted its stake in shares of Keurig Dr Pepper by 30.8% in the first quarter. Parallel Advisors LLC now owns 2,317 shares of the company’s stock worth $65,000 after acquiring an additional 546 shares during the last quarter. Rathbone Brothers plc boosted its stake in shares of Keurig Dr Pepper by 1.3% in the first quarter. Rathbone Brothers plc now owns 55,201 shares of the company’s stock worth $1,544,000 after acquiring an additional 694 shares during the last quarter. Charter Trust Co. boosted its stake in shares of Keurig Dr Pepper by 8.9% in the first quarter. Charter Trust Co. now owns 8,766 shares of the company’s stock worth $245,000 after acquiring an additional 720 shares during the last quarter. CIBC Asset Management Inc boosted its stake in shares of Keurig Dr Pepper by 8.0% in the first quarter. CIBC Asset Management Inc now owns 9,793 shares of the company’s stock worth $274,000 after acquiring an additional 726 shares during the last quarter. Finally, Rehmann Capital Advisory Group boosted its stake in shares of Keurig Dr Pepper by 10.5% in the second quarter. Rehmann Capital Advisory Group now owns 8,284 shares of the company’s stock worth $239,000 after acquiring an additional 790 shares during the last quarter. 19.57% of the stock is currently owned by hedge funds and other institutional investors.

About Keurig Dr Pepper

Keurig Dr Pepper Inc operates as a beverage company in the United States and internationally. It operates through four segments: Beverage Concentrates, Packaged Beverages, Latin America Beverages, and Coffee Systems. The Beverage Concentrates segment manufactures and sells beverage concentrates. This segment also manufactures beverage concentrates into syrup.

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Insider Buying and Selling by Quarter for Keurig Dr Pepper (NYSE:KDP)

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