WINTON GROUP Ltd Has $35.88 Million Position in Dr Pepper Snapple Group, Inc (DPS)

WINTON GROUP Ltd increased its stake in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 398.1% during the first quarter, Holdings Channel reports. The fund owned 392,929 shares of the company’s stock after buying an additional 314,043 shares during the period. WINTON GROUP Ltd owned approximately 0.21% of Dr Pepper Snapple Group worth $35,878,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in Dr Pepper Snapple Group by 6.0% in the first quarter. JPMorgan Chase & Co. now owns 8,323,977 shares of the company’s stock worth $815,084,000 after buying an additional 474,447 shares during the last quarter. Fundsmith LLP boosted its position in Dr Pepper Snapple Group by 0.5% in the first quarter. Fundsmith LLP now owns 5,329,086 shares of the company’s stock worth $521,824,000 after buying an additional 24,232 shares during the last quarter. FMR LLC boosted its position in Dr Pepper Snapple Group by 27.4% in the first quarter. FMR LLC now owns 2,850,027 shares of the company’s stock worth $279,075,000 after buying an additional 613,545 shares during the last quarter. Bank of Montreal Can boosted its position in Dr Pepper Snapple Group by 43.4% in the first quarter. Bank of Montreal Can now owns 2,679,499 shares of the company’s stock worth $262,375,000 after buying an additional 810,357 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in Dr Pepper Snapple Group by 4.8% in the first quarter. Wells Fargo & Company MN now owns 2,243,652 shares of the company’s stock worth $219,699,000 after buying an additional 102,474 shares during the last quarter. Institutional investors own 91.08% of the company’s stock.

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

Shares of Dr Pepper Snapple Group, Inc (NYSE DPS) traded down 0.55% during midday trading on Friday, reaching $93.26. 1,717,983 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $91.89 and a 200 day moving average price of $92.75. The firm has a market cap of $17.14 billion, a PE ratio of 20.52 and a beta of 0.62. Dr Pepper Snapple Group, Inc has a 12 month low of $81.05 and a 12 month high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last released its earnings results on Wednesday, April 26th. The company reported $1.01 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.05. Dr Pepper Snapple Group had a net margin of 13.03% and a return on equity of 38.52%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same period in the prior year, the firm earned $0.94 EPS. The company’s revenue was up 1.5% compared to the same quarter last year. Equities research analysts predict that Dr Pepper Snapple Group, Inc will post $4.64 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 6th. Stockholders of record on Wednesday, June 14th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Monday, June 12th. Dr Pepper Snapple Group’s dividend payout ratio is currently 51.10%.

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A number of research firms recently commented on DPS. Royal Bank Of Canada reiterated a “hold” rating and set a $91.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, June 9th. Susquehanna Bancshares Inc set a $93.00 price target on Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Saturday, February 18th. Jefferies Group LLC upgraded Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and lifted their price target for the stock from $98.00 to $115.00 in a report on Friday, March 3rd. Morgan Stanley upgraded Dr Pepper Snapple Group from an “equal weight” rating to an “overweight” rating in a report on Tuesday, May 16th. Finally, BMO Capital Markets upgraded Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating and lifted their price target for the stock from $98.00 to $105.00 in a report on Wednesday, June 7th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $98.77.

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.

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