Dr Pepper Snapple Group, Inc (NYSE:DPS) Position Lowered by B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund

B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund cut its stake in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 7.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,578 shares of the company’s stock after selling 209 shares during the period. B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund’s holdings in Dr Pepper Snapple Group were worth $252,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Fundsmith LLP boosted its stake in shares of Dr Pepper Snapple Group by 0.5% in the first quarter. Fundsmith LLP now owns 5,329,086 shares of the company’s stock valued at $521,824,000 after buying an additional 24,232 shares during the last quarter. Pictet Asset Management Ltd. increased its stake in Dr Pepper Snapple Group by 15.3% in the first quarter. Pictet Asset Management Ltd. now owns 241,603 shares of the company’s stock worth $23,658,000 after buying an additional 32,008 shares during the period. Ibex Wealth Advisors increased its stake in Dr Pepper Snapple Group by 2.9% in the fourth quarter. Ibex Wealth Advisors now owns 32,724 shares of the company’s stock worth $2,968,000 after buying an additional 923 shares during the period. Canada Pension Plan Investment Board increased its stake in Dr Pepper Snapple Group by 46.4% in the first quarter. Canada Pension Plan Investment Board now owns 523,028 shares of the company’s stock worth $51,215,000 after buying an additional 165,781 shares during the period. Finally, Candriam Luxembourg S.C.A. increased 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 period. Institutional investors and hedge funds own 90.08% of the company’s stock.

Dr Pepper Snapple Group, Inc (DPS) opened at 90.84 on Friday. Dr Pepper Snapple Group, Inc has a one year low of $81.05 and a one year high of $99.47. The company’s 50-day moving average is $91.70 and its 200 day moving average is $93.12. The company has a market capitalization of $16.70 billion, a P/E ratio of 19.99 and a beta of 0.60.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings data on Thursday, July 27th. The company reported $1.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 firm had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same quarter in the previous year, the business posted $1.25 earnings per share. Dr Pepper Snapple Group’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, equities analysts anticipate that Dr Pepper Snapple Group, Inc will post $4.65 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 6th. Investors of record on Wednesday, June 14th were given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 2.55%. The ex-dividend date was Monday, June 12th. Dr Pepper Snapple Group’s payout ratio is currently 55.64%.

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A number of research firms have recently weighed in on DPS. Royal Bank Of Canada restated a “hold” rating and issued a $91.00 target price on shares of Dr Pepper Snapple Group in a report on Friday, June 9th. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 target price on the stock in a report on Tuesday, June 27th. Susquehanna Bancshares Inc set a $96.00 target price on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Thursday. UBS AG boosted their target price on shares of Dr Pepper Snapple Group from $98.00 to $99.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Jefferies Group LLC restated a “buy” rating and issued a $112.00 target price on shares of Dr Pepper Snapple Group in a report on Thursday, July 6th. One equities 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 stock. The company has an average rating of “Hold” and a consensus target price of $99.00.

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.

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

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