Public Employees Retirement System of Ohio Has $8,189,000 Stake in Dr Pepper Snapple Group, Inc (NYSE:DPS)

Public Employees Retirement System of Ohio continued to hold its stake in Dr Pepper Snapple Group, Inc (NYSE:DPS) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 83,631 shares of the company’s stock at the end of the first quarter. Public Employees Retirement System of Ohio’s holdings in Dr Pepper Snapple Group were worth $8,189,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Huntington National Bank boosted its stake in 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 last quarter. Baystate Wealth Management LLC boosted its stake in 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 last quarter. Meeder Asset Management Inc. purchased a new stake in Dr Pepper Snapple Group during the first quarter valued at about $113,000. Benjamin F. Edwards & Company Inc. boosted its position 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 in the last quarter. Finally, Checchi Capital Advisers LLC bought a new position in shares of Dr Pepper Snapple Group during the first quarter valued at $204,000. Institutional investors own 90.08% of the company’s stock.

Dr Pepper Snapple Group, Inc (NYSE DPS) traded down 1.29% during mid-day trading on Friday, hitting $90.84. 1,498,050 shares of the stock traded hands. The company has a market cap of $16.55 billion, a price-to-earnings ratio of 21.78 and a beta of 0.60. The stock’s 50 day moving average is $91.70 and its 200-day moving average is $93.12. Dr Pepper Snapple Group, Inc has a 12 month low of $81.05 and a 12 month high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last announced its earnings results 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. 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 last year, the business posted $1.25 EPS. The firm’s revenue was up 6.0% compared to the same quarter last year. On average, equities research analysts anticipate that Dr Pepper Snapple Group, Inc will post $4.65 EPS for the current year.

The company also recently announced 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. The ex-dividend date of this dividend was Monday, June 12th. This represents a $2.32 dividend on an annualized basis and a yield of 2.55%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is currently 55.64%.

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DPS has been the topic of several recent research reports. Credit Suisse Group restated a “buy” rating on shares of Dr Pepper Snapple Group in a report on Friday, June 23rd. Jefferies Group LLC restated a “buy” rating and set a $115.00 target price on shares of Dr Pepper Snapple Group in a report on Wednesday, April 5th. Royal Bank Of Canada restated a “hold” rating and set a $91.00 target price on shares of Dr Pepper Snapple Group in a report on Friday, May 5th. Cowen and Company restated a “hold” rating and set a $96.00 target price on shares of Dr Pepper Snapple Group in a report on Friday, July 14th. Finally, Barclays PLC restated a “hold” rating and set a $99.00 target price on shares of Dr Pepper Snapple Group in a report on Friday, April 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. Dr Pepper Snapple Group presently has a consensus 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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