Exxonmobil Investment Management Inc. TX Sells 4,479 Shares of Dr Pepper Snapple Group Inc. (DPS)

Exxonmobil Investment Management Inc. TX lessened its position in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 13.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 28,707 shares of the company’s stock after selling 4,479 shares during the quarter. Exxonmobil Investment Management Inc. TX’s holdings in Dr Pepper Snapple Group were worth $2,786,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Janus Henderson Group PLC lifted its holdings in shares of Dr Pepper Snapple Group by 684.7% in the 2nd quarter. Janus Henderson Group PLC now owns 964,536 shares of the company’s stock valued at $87,880,000 after buying an additional 841,626 shares during the period. BlackRock Inc. raised its holdings in Dr Pepper Snapple Group by 4.9% during the second quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock worth $1,564,543,000 after purchasing an additional 802,560 shares during the last quarter. Lord Abbett & CO. LLC acquired a new position in Dr Pepper Snapple Group during the second quarter worth $62,000,000. FIL Ltd raised its holdings in Dr Pepper Snapple Group by 61.2% during the second quarter. FIL Ltd now owns 1,597,434 shares of the company’s stock worth $145,542,000 after purchasing an additional 606,493 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Dr Pepper Snapple Group by 2.9% during the second quarter. Vanguard Group Inc. now owns 18,408,234 shares of the company’s stock worth $1,677,174,000 after purchasing an additional 510,155 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

Dr Pepper Snapple Group Inc. (NYSE DPS) opened at $96.35 on Friday. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.74 and a current ratio of 0.93. Dr Pepper Snapple Group Inc. has a one year low of $83.23 and a one year high of $99.47. The company has a market capitalization of $17,395.22, a PE ratio of 24.15, a price-to-earnings-growth ratio of 2.07 and a beta of 0.59.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The business had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the firm posted $1.17 EPS. The company’s revenue was up 3.6% compared to the same quarter last year. sell-side analysts expect that Dr Pepper Snapple Group Inc. will post 4.53 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Thursday, December 14th were paid a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend was Wednesday, December 13th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 58.15%.

Several brokerages recently issued reports on DPS. Zacks Investment Research raised Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 10th. Credit Suisse Group reissued an “outperform” rating and set a $128.00 price target (up previously from $107.00) on shares of Dr Pepper Snapple Group in a research report on Wednesday, January 10th. Wells Fargo & Co raised their price target on Dr Pepper Snapple Group from $98.00 to $112.00 and gave the stock an “outperform” rating in a research report on Thursday, January 4th. Deutsche Bank began coverage on Dr Pepper Snapple Group in a research report on Wednesday, December 13th. They set a “buy” rating and a $104.00 price target for the company. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, October 27th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Dr Pepper Snapple Group presently has a consensus rating of “Hold” and a consensus target price of $102.38.

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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.

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

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