First Heartland Consultants Inc. continued to hold its position in Dr Pepper Snapple Group, Inc (NYSE:DPS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,600 shares of the company’s stock at the end of the second quarter. First Heartland Consultants Inc.’s holdings in Dr Pepper Snapple Group were worth $237,000 as of its most recent SEC filing.

Several other institutional 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 during the period. Baystate Wealth Management LLC increased its position in shares of 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 worth $108,000 after buying an additional 53 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Dr Pepper Snapple Group during the first quarter worth approximately $113,000. Financial Architects Inc increased its position in shares of Dr Pepper Snapple Group by 4.8% in the second quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock worth $121,000 after buying an additional 61 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. increased its position in shares of 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 worth $178,000 after buying an additional 57 shares in the last quarter. 90.74% of the stock is currently owned by institutional investors.

Shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) remained flat at $90.38 during trading on Friday. The company had a trading volume of 615,389 shares. Dr Pepper Snapple Group, Inc has a one year low of $81.05 and a one year high of $99.47. The company’s 50-day moving average is $90.83 and its 200 day moving average is $93.13. 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 (NYSE:DPS) last issued its earnings results on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.28 by $0.03. The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period last year, the business earned $1.25 EPS. On average, analysts predict that Dr Pepper Snapple Group, Inc will post $4.63 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Thursday, September 14th will be given a $0.58 dividend. The ex-dividend date of this dividend is Wednesday, September 13th. This represents a $2.32 annualized dividend and a dividend yield of 2.57%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 55.64%.

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A number of equities analysts have commented on the stock. Royal Bank Of Canada reiterated a “hold” rating and issued a $91.00 target price on shares of Dr Pepper Snapple Group in a report on Friday, June 9th. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 target price for the company in a report on Tuesday, June 27th. Jefferies Group LLC reiterated a “buy” rating and issued a $112.00 target price on shares of Dr Pepper Snapple Group in a report on Friday, June 23rd. BMO Capital Markets restated a “buy” rating and set a $105.00 price objective on shares of Dr Pepper Snapple Group in a report on Wednesday, July 12th. Finally, Susquehanna Bancshares Inc set a $92.00 price objective on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a report on Saturday, May 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. Dr Pepper Snapple Group presently has an average rating of “Hold” and an average target price of $99.64.

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.

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

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