Rothschild Asset Management Inc. Boosts Stake in Dr Pepper Snapple Group, Inc (NYSE:DPS)

Rothschild Asset Management Inc. raised its stake in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 11.1% during the second quarter, Holdings Channel reports. The firm owned 9,359 shares of the company’s stock after buying an additional 932 shares during the period. Rothschild Asset Management Inc.’s holdings in Dr Pepper Snapple Group were worth $853,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Huntington National Bank boosted its stake in shares of Dr Pepper Snapple Group by 5.4% in the first quarter. Huntington National Bank now owns 1,100 shares of the company’s stock valued at $108,000 after buying an additional 56 shares during the period. Baystate Wealth Management LLC boosted its stake 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 valued at $108,000 after buying an additional 53 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of Dr Pepper Snapple Group during the first quarter valued at approximately $113,000. Financial Architects Inc boosted its stake 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 valued at $121,000 after buying an additional 61 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its stake 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 valued at $178,000 after buying an additional 57 shares during the period. Hedge funds and other institutional investors own 90.74% of the company’s stock.

Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 90.32 on Thursday. Dr Pepper Snapple Group, Inc has a 52 week low of $81.05 and a 52 week high of $99.47. The stock has a market cap of $16.41 billion, a PE ratio of 21.66 and a beta of 0.60. The company has a 50-day moving average price of $91.04 and a 200-day moving average price of $93.16.

Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings data on Thursday, July 27th. The company reported $1.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.28 by $0.03. The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. The firm’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.25 earnings per share. Analysts anticipate that Dr Pepper Snapple Group, Inc will post $4.63 earnings per share for the current year.

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Several equities research analysts have commented on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $112.00 price target on shares of Dr Pepper Snapple Group in a research report on Thursday, July 6th. Susquehanna Bancshares Inc set a $96.00 price target on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 price target on the stock in a research report on Tuesday, June 27th. Royal Bank Of Canada reiterated a “hold” rating and issued a $91.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, June 9th. Finally, Barclays PLC reiterated a “hold” rating and issued a $99.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, April 28th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target 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.

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

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