NN Investment Partners Holdings N.V. Has $147,000 Position in Dr Pepper Snapple Group Inc. (DPS)

Share on StockTwits

NN Investment Partners Holdings N.V. reduced its holdings in Dr Pepper Snapple Group Inc. (NYSE:DPS) by 96.2% in the 2nd quarter, Holdings Channel reports. The firm owned 1,205 shares of the company’s stock after selling 30,633 shares during the quarter. NN Investment Partners Holdings N.V.’s holdings in Dr Pepper Snapple Group were worth $147,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DPS. Stone Ridge Asset Management LLC acquired a new position in Dr Pepper Snapple Group in the fourth quarter valued at $688,000. Millennium Management LLC increased its stake in Dr Pepper Snapple Group by 28.1% during the fourth quarter. Millennium Management LLC now owns 207,146 shares of the company’s stock worth $20,106,000 after acquiring an additional 45,439 shares during the last quarter. LPL Financial LLC increased its stake in Dr Pepper Snapple Group by 5.6% during the fourth quarter. LPL Financial LLC now owns 14,233 shares of the company’s stock worth $1,381,000 after acquiring an additional 752 shares during the last quarter. Macquarie Group Ltd. increased its stake in Dr Pepper Snapple Group by 24.4% during the fourth quarter. Macquarie Group Ltd. now owns 113,431 shares of the company’s stock worth $11,009,000 after acquiring an additional 22,220 shares during the last quarter. Finally, BB&T Securities LLC increased its stake in Dr Pepper Snapple Group by 10.1% during the fourth quarter. BB&T Securities LLC now owns 13,414 shares of the company’s stock worth $1,301,000 after acquiring an additional 1,235 shares during the last quarter. Hedge funds and other institutional investors own 92.67% of the company’s stock.

In other news, insider James J. Johnston, Jr. sold 15,927 shares of the company’s stock in a transaction dated Thursday, June 14th. The stock was sold at an average price of $120.51, for a total value of $1,919,362.77. Following the completion of the sale, the insider now owns 7,786 shares of the company’s stock, valued at $938,290.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Derry L. Hobson sold 1,824 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $845,640. The disclosure for this sale can be found here. Insiders sold 63,983 shares of company stock valued at $7,707,383 in the last ninety days. Company insiders own 0.58% of the company’s stock.

Shares of NYSE:DPS opened at $123.66 on Friday. The stock has a market cap of $22.29 billion, a price-to-earnings ratio of 27.24, a PEG ratio of 2.29 and a beta of 0.76. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.66. Dr Pepper Snapple Group Inc. has a 12 month low of $83.23 and a 12 month high of $126.65.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings results on Wednesday, April 25th. The company reported $0.98 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.03 by ($0.05). Dr Pepper Snapple Group had a return on equity of 35.49% and a net margin of 15.62%. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.57 billion. research analysts predict that Dr Pepper Snapple Group Inc. will post 5.14 EPS for the current fiscal year.

The business also recently announced a special dividend, which was paid on Tuesday, July 10th. Stockholders of record on Friday, July 6th were given a $103.75 dividend. The ex-dividend date of this dividend was Tuesday, July 10th. Dr Pepper Snapple Group’s payout ratio is 51.10%.

DPS has been the subject of several research analyst reports. Zacks Investment Research lowered Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Wednesday, April 18th. Stifel Nicolaus lowered Dr Pepper Snapple Group from a “buy” rating to a “hold” rating and set a $122.00 price target for the company. in a research note on Monday, June 18th. Finally, Stephens restated a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Tuesday, July 10th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $117.43.

Dr Pepper Snapple Group Company 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.

Featured Story: Book Value Per Share in Stock Trading

Want to see what other hedge funds are holding DPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dr Pepper Snapple Group Inc. (NYSE:DPS).

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

Receive News & Ratings for Dr Pepper Snapple Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dr Pepper Snapple Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Symantec  Price Target Increased to $20.00 by Analysts at Deutsche Bank
Symantec Price Target Increased to $20.00 by Analysts at Deutsche Bank
Barrington Research Lowers Lions Gate Entertainment Corp. Class A  Price Target to $27.00
Barrington Research Lowers Lions Gate Entertainment Corp. Class A Price Target to $27.00
News Corp Class A  Upgraded to “Hold” at Zacks Investment Research
News Corp Class A Upgraded to “Hold” at Zacks Investment Research
Covia  Receives “Buy” Rating from Jefferies Financial Group
Covia Receives “Buy” Rating from Jefferies Financial Group
$0.50 EPS Expected for Government Properties Income Trust  This Quarter
$0.50 EPS Expected for Government Properties Income Trust This Quarter
Paragon  Price Hits $0.0702 on Top Exchanges
Paragon Price Hits $0.0702 on Top Exchanges


© 2006-2018 Ticker Report. Google+.