Loring Wolcott & Coolidge Fiduciary Advisors LLP MA reduced its position in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 4.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,375 shares of the company’s stock after selling 720 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Dr Pepper Snapple Group were worth $1,876,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of DPS. Farallon Capital Management LLC acquired a new stake in shares of Dr Pepper Snapple Group during the 1st quarter valued at approximately $386,605,000. Natixis raised its position in shares of Dr Pepper Snapple Group by 2,811.6% during the 1st quarter. Natixis now owns 1,363,579 shares of the company’s stock valued at $161,420,000 after acquiring an additional 1,316,746 shares in the last quarter. Ceredex Value Advisors LLC acquired a new stake in shares of Dr Pepper Snapple Group during the 1st quarter valued at approximately $65,777,000. BNP Paribas Arbitrage SA raised its position in shares of Dr Pepper Snapple Group by 232.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 589,290 shares of the company’s stock valued at $69,760,000 after acquiring an additional 412,208 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of Dr Pepper Snapple Group during the 1st quarter valued at approximately $36,343,000. 92.67% of the stock is currently owned by institutional investors and hedge funds.

In other Dr Pepper Snapple Group news, Director Ronald G. Rogers sold 16,232 shares of the stock in a transaction on Wednesday, June 6th. The stock was sold at an average price of $120.00, for a total value of $1,947,840.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Derry L. Hobson sold 1,824 shares of the stock in a transaction on Tuesday, June 5th. The stock was sold at an average price of $120.00, for a total value of $218,880.00. Following the completion of the sale, the insider now directly owns 7,047 shares in the company, valued at $845,640. The disclosure for this sale can be found here. Insiders sold 63,983 shares of company stock worth $7,707,383 over the last ninety days. 0.58% of the stock is owned by corporate insiders.

Several research firms recently issued reports on DPS. Stephens reissued a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Tuesday, July 10th. Stifel Nicolaus lowered Dr Pepper Snapple Group from a “buy” rating to a “hold” rating and set a $122.00 target price on the stock. in a research report on Monday, June 18th. Finally, Zacks Investment Research lowered Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Tuesday, June 26th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. Dr Pepper Snapple Group presently has an average rating of “Hold” and a consensus target price of $118.85.

Shares of NYSE DPS opened at $123.66 on Friday. Dr Pepper Snapple Group Inc. has a 1-year low of $83.23 and a 1-year high of $126.65. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $22.29 billion, a price-to-earnings ratio of 27.24, a P/E/G ratio of 2.29 and a beta of 0.76.

Dr Pepper Snapple Group Profile

Dr Pepper Snapple Group, Inc manufactures and distributes non-alcoholic beverages in the United States, Mexico and the Caribbean, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, mineral and coconut water, and mixers, as well as manufactures and sells Mott's apple sauces.

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

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