South State Corp Sells 1,770 Shares of Dr Pepper Snapple Group Inc. (DPS)

South State Corp lowered its holdings in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 34.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,321 shares of the company’s stock after selling 1,770 shares during the period. South State Corp’s holdings in Dr Pepper Snapple Group were worth $294,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Greenwood Capital Associates LLC boosted its stake in Dr Pepper Snapple Group by 1.4% during the second quarter. Greenwood Capital Associates LLC now owns 3,534 shares of the company’s stock worth $322,000 after buying an additional 49 shares in the last quarter. Argent Trust Co boosted its stake in shares of Dr Pepper Snapple Group by 1.1% in the 2nd quarter. Argent Trust Co now owns 5,048 shares of the company’s stock valued at $460,000 after purchasing an additional 55 shares in the last quarter. Advisor Group Inc. boosted its stake in shares of Dr Pepper Snapple Group by 0.7% in the 2nd quarter. Advisor Group Inc. now owns 9,461 shares of the company’s stock valued at $853,000 after purchasing an additional 68 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Dr Pepper Snapple Group by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,656 shares of the company’s stock valued at $1,244,000 after purchasing an additional 74 shares in the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in shares of Dr Pepper Snapple Group by 0.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 11,400 shares of the company’s stock valued at $1,039,000 after purchasing an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 88.59% of the company’s stock.

Shares of Dr Pepper Snapple Group Inc. (DPS) opened at $86.56 on Friday. The firm has a market capitalization of $15,627.72, a PE ratio of 19.67, a price-to-earnings-growth ratio of 2.18 and a beta of 0.57. Dr Pepper Snapple Group Inc. has a twelve month low of $83.23 and a twelve month high of $99.47. 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 (NYSE:DPS) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $1.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.17 earnings per share. equities analysts anticipate that Dr Pepper Snapple Group Inc. will post 4.54 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Thursday, December 14th will be paid a $0.58 dividend. The ex-dividend date of this dividend is Wednesday, December 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.68%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 58.15%.

In other news, insider Angela A. Stephens sold 7,700 shares of the company’s stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the completion of the sale, the insider now directly owns 6,053 shares of the company’s stock, valued at approximately $551,549.36. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.58% of the company’s stock.

DPS has been the topic of several recent analyst reports. BMO Capital Markets restated a “buy” rating and issued a $105.00 target price on shares of Dr Pepper Snapple Group in a research note on Friday, October 27th. Royal Bank Of Canada restated a “hold” rating and issued a $91.00 target price on shares of Dr Pepper Snapple Group in a research note on Wednesday, October 25th. Susquehanna Bancshares Inc set a $89.00 target price on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a research note on Wednesday, October 25th. Morgan Stanley reduced their target price on shares of Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating on the stock in a research note on Thursday, October 26th. Finally, 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. One investment 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. The company presently has a consensus rating of “Hold” and a consensus price target of $99.45.

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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.

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

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