Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its position in shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) by 1.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 17,460 shares of the company’s stock after selling 310 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Dr Pepper Snapple Group were worth $1,592,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Nisa Investment Advisors LLC boosted its stake in Dr Pepper Snapple Group by 3.0% in the first quarter. Nisa Investment Advisors LLC now owns 31,221 shares of the company’s stock worth $3,057,000 after buying an additional 895 shares during the last quarter. Huntington National Bank boosted 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 last quarter. Candriam Luxembourg S.C.A. boosted its stake in Dr Pepper Snapple Group by 13.6% in the first quarter. Candriam Luxembourg S.C.A. now owns 19,135 shares of the company’s stock worth $1,874,000 after buying an additional 2,294 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in Dr Pepper Snapple Group by 3.6% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,900 shares of the company’s stock worth $449,000 after buying an additional 170 shares during the last quarter. Finally, Sit Investment Associates Inc. purchased a new stake in Dr Pepper Snapple Group during the first quarter worth approximately $940,000. 91.54% of the stock is owned by institutional investors.

Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 90.34 on Friday. The stock has a market cap of $16.42 billion, a PE ratio of 21.66 and a beta of 0.60. The firm has a 50 day moving average of $90.84 and a 200-day moving average of $93.16. 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 quarterly earnings results on Thursday, July 27th. The company reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same period in the previous year, the business posted $1.25 EPS. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. On average, analysts expect that Dr Pepper Snapple Group, Inc will post $4.63 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Thursday, September 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 2.57%. The ex-dividend date of this dividend is Wednesday, September 13th. Dr Pepper Snapple Group’s payout ratio is currently 55.64%.

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DPS has been the subject of a number of analyst reports. Royal Bank Of Canada reissued a “hold” rating and set a $91.00 target price on shares of Dr Pepper Snapple Group in a research report on Friday, May 5th. Morgan Stanley raised shares of Dr Pepper Snapple Group from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 16th. Susquehanna Bancshares Inc set a $92.00 target price on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a research report on Saturday, May 27th. BMO Capital Markets raised shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating and increased their target price for the company from $98.00 to $105.00 in a research report on Wednesday, June 7th. They noted that the move was a valuation call. Finally, Jefferies Group LLC reissued a “buy” rating and set a $112.00 target price on shares of Dr Pepper Snapple Group in a research report on Friday, June 23rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $99.64.

In other news, insider Angela A. Stephens sold 3,160 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total transaction of $292,331.60. Following the completion of the sale, the insider now owns 16,913 shares of the company’s stock, valued at $1,564,621.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.58% of the stock is currently owned by company insiders.

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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