Banque Cantonale Vaudoise Has $3.67 Million Stock Position in Keurig Dr Pepper, Inc $KDP

Banque Cantonale Vaudoise grew its position in Keurig Dr Pepper, Inc (NASDAQ:KDP) by 32.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 131,035 shares of the company’s stock after buying an additional 31,766 shares during the period. Banque Cantonale Vaudoise’s holdings in Keurig Dr Pepper were worth $3,670,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Keurig Dr Pepper during the third quarter worth $26,000. Salomon & Ludwin LLC acquired a new stake in shares of Keurig Dr Pepper during the fourth quarter worth $26,000. Clearstead Trust LLC grew its stake in shares of Keurig Dr Pepper by 98.3% during the third quarter. Clearstead Trust LLC now owns 1,081 shares of the company’s stock worth $28,000 after purchasing an additional 536 shares during the period. SBI Securities Co. Ltd. grew its stake in shares of Keurig Dr Pepper by 71.7% during the third quarter. SBI Securities Co. Ltd. now owns 1,159 shares of the company’s stock worth $30,000 after purchasing an additional 484 shares during the period. Finally, Activest Wealth Management grew its stake in shares of Keurig Dr Pepper by 5,642.1% during the fourth quarter. Activest Wealth Management now owns 1,091 shares of the company’s stock worth $31,000 after purchasing an additional 1,072 shares during the period. 93.99% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KDP has been the subject of a number of analyst reports. BNP Paribas Exane raised Keurig Dr Pepper from an “underperform” rating to a “neutral” rating and set a $28.00 price objective for the company in a research note on Wednesday, April 22nd. Evercore set a $30.00 price objective on Keurig Dr Pepper in a research note on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on Keurig Dr Pepper from $32.00 to $33.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Deutsche Bank Aktiengesellschaft decreased their target price on Keurig Dr Pepper from $34.00 to $28.00 and set a “hold” rating for the company in a research note on Monday, March 30th. Finally, Citigroup decreased their target price on Keurig Dr Pepper from $37.00 to $32.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. Six research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Keurig Dr Pepper presently has a consensus rating of “Hold” and a consensus price target of $31.57.

Keurig Dr Pepper Stock Down 0.6%

NASDAQ:KDP opened at $28.69 on Thursday. Keurig Dr Pepper, Inc has a 1 year low of $24.88 and a 1 year high of $35.94. The company has a current ratio of 2.31, a quick ratio of 2.12 and a debt-to-equity ratio of 0.72. The stock has a market cap of $39.03 billion, a price-to-earnings ratio of 21.25, a PEG ratio of 1.32 and a beta of 0.41. The stock has a 50-day moving average price of $27.34 and a two-hundred day moving average price of $27.84.

Keurig Dr Pepper (NASDAQ:KDP) last posted its earnings results on Thursday, April 23rd. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The firm had revenue of $3.98 billion during the quarter, compared to analysts’ expectations of $7.23 billion. Keurig Dr Pepper had a return on equity of 10.51% and a net margin of 10.81%.The company’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.42 earnings per share. As a group, equities analysts expect that Keurig Dr Pepper, Inc will post 2.29 earnings per share for the current year.

Keurig Dr Pepper Profile

Keurig Dr Pepper (NASDAQ: KDP) is a North American beverage company formed in July 2018 through the combination of Keurig Green Mountain and Dr Pepper Snapple Group. The company designs, manufactures, markets and distributes a wide range of hot and cold beverages and related equipment, combining Keurig’s single‑serve coffee systems with a large portfolio of carbonated and noncarbonated drink brands. It operates a network of manufacturing, packaging and distribution facilities to supply retail, foodservice and e-commerce channels across its served markets.

The company’s product mix includes single‑serve coffee brewers and coffee pods under the Keurig brand as well as a broad assortment of branded beverages.