Dr Pepper Snapple Group (DPS) Position Reduced by Ladenburg Thalmann Financial Services Inc.

Ladenburg Thalmann Financial Services Inc. reduced its stake in shares of Dr Pepper Snapple Group (NYSE:DPS) by 8.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,516 shares of the company’s stock after selling 494 shares during the quarter. Ladenburg Thalmann Financial Services Inc.’s holdings in Dr Pepper Snapple Group were worth $535,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Aevitas Wealth Management Inc. purchased a new position in Dr Pepper Snapple Group during the 4th quarter valued at $136,000. James Hambro & Partners purchased a new position in Dr Pepper Snapple Group during the 4th quarter valued at $175,000. Sawyer & Company Inc purchased a new position in Dr Pepper Snapple Group during the 4th quarter valued at $205,000. Cue Financial Group Inc. purchased a new position in Dr Pepper Snapple Group during the 4th quarter valued at $205,000. Finally, Autus Asset Management LLC purchased a new position in Dr Pepper Snapple Group during the 4th quarter valued at $213,000. 92.81% of the stock is currently owned by institutional investors and hedge funds.

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A number of research analysts have issued reports on the stock. Credit Suisse Group reissued an “outperform” rating and set a $128.00 price objective (up from $107.00) on shares of Dr Pepper Snapple Group in a research report on Wednesday, January 10th. Zacks Investment Research raised shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Susquehanna Bancshares set a $129.00 price objective on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a research report on Monday, February 12th. ValuEngine raised shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating in a research report on Monday, March 19th. Finally, BMO Capital Markets downgraded shares of Dr Pepper Snapple Group from an “outperform” rating to a “market perform” rating and set a $125.00 price objective on the stock. in a research report on Thursday, February 1st. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Dr Pepper Snapple Group currently has a consensus rating of “Hold” and a consensus price target of $117.43.

NYSE:DPS opened at $118.65 on Friday. The stock has a market capitalization of $21,243.96, a PE ratio of 26.13, a price-to-earnings-growth ratio of 2.16 and a beta of 0.75. The company has a current ratio of 0.90, a quick ratio of 0.72 and a debt-to-equity ratio of 1.80. Dr Pepper Snapple Group has a 1-year low of $83.23 and a 1-year high of $126.65.

Dr Pepper Snapple Group (NYSE:DPS) last released its earnings results on Wednesday, February 14th. The company reported $1.17 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.17. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.66 billion. Dr Pepper Snapple Group had a net margin of 16.08% and a return on equity of 37.05%. The company’s revenue was up 4.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.90 EPS. analysts forecast that Dr Pepper Snapple Group will post 5.09 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 12th. Investors of record on Wednesday, March 21st will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 1.96%. The ex-dividend date is Tuesday, March 20th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 51.10%.

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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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