Angela A. Stephens Sells 7,700 Shares of Dr Pepper Snapple Group, Inc (DPS) Stock

Dr Pepper Snapple Group, Inc (NYSE:DPS) insider Angela A. Stephens sold 7,700 shares of Dr Pepper Snapple Group stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $91.12, for a total transaction of $701,624.00. Following the completion of the transaction, the insider now directly owns 6,053 shares of the company’s stock, valued at $551,549.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of Dr Pepper Snapple Group, Inc (NYSE DPS) opened at 92.08 on Thursday. The company has a 50-day moving average of $91.17 and a 200 day moving average of $93.05. Dr Pepper Snapple Group, Inc has a 12 month low of $81.05 and a 12 month high of $99.47. The company has a market capitalization of $16.73 billion, a P/E ratio of 22.08 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings results on Thursday, July 27th. The company reported $1.25 earnings per share 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 business had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same quarter in the prior year, the firm earned $1.25 EPS. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. Analysts forecast that Dr Pepper Snapple Group, Inc will post $4.63 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 14th will be issued a $0.58 dividend. This represents a $2.32 annualized dividend and a dividend yield of 2.52%. The ex-dividend date is Wednesday, September 13th. Dr Pepper Snapple Group’s payout ratio is currently 55.64%.

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Several institutional investors and hedge funds have recently modified their holdings of the stock. Achmea Investment Management B.V. grew its holdings in shares of Dr Pepper Snapple Group by 14.0% in the second quarter. Achmea Investment Management B.V. now owns 35,599 shares of the company’s stock worth $3,241,000 after acquiring an additional 4,381 shares during the period. Lord Abbett & CO. LLC bought a new stake in shares of Dr Pepper Snapple Group in the second quarter worth $62,000,000. Sentry Investment Management LLC grew its holdings in shares of Dr Pepper Snapple Group by 1.1% in the second quarter. Sentry Investment Management LLC now owns 14,326 shares of the company’s stock worth $1,305,000 after acquiring an additional 151 shares during the period. Toronto Dominion Bank grew its holdings in shares of Dr Pepper Snapple Group by 25.2% in the second quarter. Toronto Dominion Bank now owns 63,828 shares of the company’s stock worth $5,815,000 after acquiring an additional 12,848 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of Dr Pepper Snapple Group by 44.5% in the second quarter. Cetera Investment Advisers now owns 4,743 shares of the company’s stock worth $433,000 after acquiring an additional 1,461 shares during the period. 90.36% of the stock is owned by institutional investors.

Several research analysts have recently commented on the stock. BMO Capital Markets reaffirmed a “buy” rating and issued a $105.00 price target on shares of Dr Pepper Snapple Group in a report on Wednesday. BidaskClub raised shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $112.00 price target on shares of Dr Pepper Snapple Group in a report on Tuesday, August 1st. Susquehanna Bancshares Inc set a $96.00 price target on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a report on Thursday, July 27th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $91.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, June 9th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. Dr Pepper Snapple Group has an average rating of “Hold” and a consensus target price of $99.64.

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.

Insider Buying and Selling by Quarter for Dr Pepper Snapple Group (NYSE:DPS)

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