Insider Buying: Keurig Dr Pepper Inc (NYSE:KDP) Insider Purchases 6,000 Shares of Stock

Keurig Dr Pepper Inc (NYSE:KDP) insider Mary Beth Denooyer purchased 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was purchased at an average price of $28.17 per share, with a total value of $169,020.00.

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

  • On Thursday, October 10th, Mary Beth Denooyer purchased 1,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $3.23 per share, with a total value of $3,230.00.
  • On Tuesday, October 29th, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $28.04 per share, with a total value of $168,240.00.
  • On Tuesday, October 22nd, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $27.59 per share, with a total value of $165,540.00.
  • On Tuesday, October 15th, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $27.60 per share, with a total value of $165,600.00.
  • On Tuesday, October 8th, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $27.64 per share, with a total value of $165,840.00.
  • On Tuesday, October 1st, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $27.05 per share, with a total value of $162,300.00.
  • On Tuesday, September 24th, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $27.01 per share, with a total value of $162,060.00.
  • On Tuesday, September 17th, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $27.69 per share, with a total value of $166,140.00.
  • On Tuesday, September 10th, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $26.97 per share, with a total value of $161,820.00.
  • On Tuesday, September 3rd, Mary Beth Denooyer purchased 6,000 shares of Keurig Dr Pepper stock. The stock was purchased at an average price of $26.85 per share, with a total value of $161,100.00.

Shares of NYSE:KDP opened at $29.20 on Friday. The company has a market capitalization of $39.43 billion, a PE ratio of 28.08, a P/E/G ratio of 1.51 and a beta of 0.45. The company has a current ratio of 0.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.58. Keurig Dr Pepper Inc has a twelve month low of $24.52 and a twelve month high of $32.00. The firm has a 50 day simple moving average of $27.60 and a 200-day simple moving average of $28.22.

Keurig Dr Pepper (NYSE:KDP) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.01. The business had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.86 billion. Keurig Dr Pepper had a net margin of 8.82% and a return on equity of 7.15%. The company’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 EPS. As a group, equities research analysts predict that Keurig Dr Pepper Inc will post 1.22 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a $0.60 annualized dividend and a dividend yield of 2.05%. Keurig Dr Pepper’s dividend payout ratio is presently 57.69%.

A number of research analysts recently issued reports on KDP shares. Bank of America lifted their price target on shares of Keurig Dr Pepper from $30.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. ValuEngine upgraded shares of Keurig Dr Pepper from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Credit Suisse Group assumed coverage on shares of Keurig Dr Pepper in a research note on Wednesday, July 17th. They issued a “neutral” rating and a $27.00 price target for the company. Morgan Stanley set a $24.00 price objective on shares of Keurig Dr Pepper and gave the stock a “sell” rating in a research report on Friday, August 9th. Finally, SunTrust Banks set a $35.00 price objective on shares of Keurig Dr Pepper and gave the stock a “buy” rating in a research report on Friday, September 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. Keurig Dr Pepper currently has a consensus rating of “Buy” and a consensus target price of $30.41.

Several large investors have recently modified their holdings of KDP. Rational Advisors LLC increased its holdings in shares of Keurig Dr Pepper by 45.2% in the 3rd quarter. Rational Advisors LLC now owns 1,802 shares of the company’s stock valued at $49,000 after acquiring an additional 561 shares during the period. Catalyst Capital Advisors LLC increased its holdings in shares of Keurig Dr Pepper by 29.2% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 2,520 shares of the company’s stock valued at $69,000 after acquiring an additional 570 shares during the period. BBVA USA Bancshares Inc. acquired a new position in shares of Keurig Dr Pepper in the 3rd quarter valued at $352,000. Fulcrum Equity Management acquired a new position in shares of Keurig Dr Pepper in the 3rd quarter valued at $30,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Keurig Dr Pepper by 143.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 27,444 shares of the company’s stock valued at $750,000 after acquiring an additional 16,163 shares during the period. Institutional investors and hedge funds own 19.54% of the company’s stock.

Keurig Dr Pepper Company Profile

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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