Toronto Dominion Bank Has $6.25 Million Position in Dr Pepper Snapple Group, Inc (DPS)

Toronto Dominion Bank boosted its stake in Dr Pepper Snapple Group, Inc (NYSE:DPS) by 10.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,589 shares of the company’s stock after acquiring an additional 6,761 shares during the period. Toronto Dominion Bank’s holdings in Dr Pepper Snapple Group were worth $6,245,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Chilton Investment Co. LLC bought a new stake in Dr Pepper Snapple Group in the second quarter valued at approximately $21,943,000. Principal Financial Group Inc. boosted its holdings in Dr Pepper Snapple Group by 195.9% in the second quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock valued at $110,203,000 after acquiring an additional 800,808 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Dr Pepper Snapple Group by 0.7% in the second quarter. Wells Fargo & Company MN now owns 2,259,175 shares of the company’s stock valued at $205,835,000 after acquiring an additional 15,523 shares during the last quarter. Sit Investment Associates Inc. boosted its holdings in Dr Pepper Snapple Group by 5.8% in the third quarter. Sit Investment Associates Inc. now owns 209,045 shares of the company’s stock valued at $18,494,000 after acquiring an additional 11,495 shares during the last quarter. Finally, AJO LP boosted its holdings in Dr Pepper Snapple Group by 57.0% in the second quarter. AJO LP now owns 864,974 shares of the company’s stock valued at $78,808,000 after acquiring an additional 314,125 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

In other news, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $91.12, for a total transaction of $701,624.00. Following the transaction, the insider now directly owns 6,053 shares of the company’s stock, valued at $551,549.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.58% of the stock is owned by corporate insiders.

A number of research firms have issued reports on DPS. Susquehanna Bancshares Inc set a $96.00 price target on Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Thursday, July 27th. Wells Fargo & Company upgraded Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a report on Monday, October 23rd. BMO Capital Markets restated a “buy” rating and set a $105.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, October 27th. Credit Suisse Group set a $107.00 price target on Dr Pepper Snapple Group and gave the stock a “buy” rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC cut their price target on Dr Pepper Snapple Group from $112.00 to $111.00 and set a “buy” rating on the stock in a report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. Dr Pepper Snapple Group presently has an average rating of “Hold” and a consensus price target of $99.45.

Dr Pepper Snapple Group, Inc (DPS) opened at $87.26 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 2.07. Dr Pepper Snapple Group, Inc has a 12-month low of $82.89 and a 12-month high of $99.47. The firm has a market capitalization of $15,750.00, a P/E ratio of 19.96, a PEG ratio of 2.21 and a beta of 0.57.

Dr Pepper Snapple Group (NYSE:DPS) last issued its earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.77 billion. During the same period in the previous year, the company earned $1.17 earnings per share. Dr Pepper Snapple Group’s revenue for the quarter was up 3.6% compared to the same quarter last year. research analysts predict that Dr Pepper Snapple Group, Inc will post 4.54 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Thursday, December 14th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Wednesday, December 13th. Dr Pepper Snapple Group’s payout ratio is 58.15%.

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Dr Pepper Snapple Group 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.

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

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