Dr Pepper Snapple Group (DPS) Position Trimmed by AMF Pensionsforsakring AB

AMF Pensionsforsakring AB decreased its holdings in shares of Dr Pepper Snapple Group (NYSE:DPS) by 6.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 513,898 shares of the company’s stock after selling 33,087 shares during the quarter. AMF Pensionsforsakring AB owned about 0.29% of Dr Pepper Snapple Group worth $60,835,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. NuWave Investment Management LLC boosted its stake in Dr Pepper Snapple Group by 5,500.0% during the 1st quarter. NuWave Investment Management LLC now owns 952 shares of the company’s stock valued at $113,000 after purchasing an additional 935 shares during the period. Aevitas Wealth Management Inc. bought a new stake in Dr Pepper Snapple Group during the 4th quarter valued at approximately $136,000. Guyasuta Investment Advisors Inc. bought a new stake in Dr Pepper Snapple Group during the 1st quarter valued at approximately $208,000. James Hambro & Partners bought a new stake in Dr Pepper Snapple Group during the 4th quarter valued at approximately $175,000. Finally, Palladium Partners LLC bought a new stake in Dr Pepper Snapple Group during the 1st quarter valued at approximately $214,000. Hedge funds and other institutional investors own 93.25% of the company’s stock.

Dr Pepper Snapple Group stock opened at $119.90 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.77 and a debt-to-equity ratio of 1.66. The company has a market capitalization of $21.53 billion, a price-to-earnings ratio of 26.41, a PEG ratio of 2.23 and a beta of 0.74. Dr Pepper Snapple Group has a 12 month low of $83.23 and a 12 month high of $126.65.

Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings results on Wednesday, April 25th. The company reported $0.98 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.05). The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.57 billion. Dr Pepper Snapple Group had a net margin of 15.62% and a return on equity of 35.49%. analysts expect that Dr Pepper Snapple Group will post 5.1 earnings per share for the current fiscal year.

DPS has been the subject of several recent analyst reports. Jefferies Group restated a “buy” rating and set a $115.00 target price on shares of Dr Pepper Snapple Group in a research note on Monday, January 29th. Deutsche Bank downgraded Dr Pepper Snapple Group from a “buy” rating to a “hold” rating and increased their target price for the company from $114.00 to $123.00 in a research note on Monday, January 29th. Wells Fargo downgraded Dr Pepper Snapple Group from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 30th. Stifel Nicolaus increased their target price on Dr Pepper Snapple Group from $123.00 to $124.00 and gave the company a “buy” rating in a research note on Tuesday, January 30th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $124.00 target price (up previously from $92.00) on shares of Dr Pepper Snapple Group in a research note on Tuesday, January 30th. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $117.43.

About Dr Pepper Snapple Group

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.

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

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