Dr Pepper Snapple Group (DPS) : James Investment Research Inc scooped up 8,574 additional shares in Dr Pepper Snapple Group during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 1,168,663 shares of Dr Pepper Snapple Group which is valued at $106,243,153.Dr Pepper Snapple Group makes up approximately 2.62% of James Investment Research Inc’s portfolio.
Dr Pepper Snapple Group opened for trading at $91.07 and hit $92.45 on the upside on Monday, eventually ending the session at $92.06, with a gain of 1.26% or 1.15 points. The heightened volatility saw the trading volume jump to 14,09,638 shares. Company has a market cap of $17,106 M.
Other Hedge Funds, Including , Legacy Private Trust reduced its stake in DPS by selling 170 shares or 1.81% in the most recent quarter. The Hedge Fund company now holds 9,200 shares of DPS which is valued at $796,904. Dr Pepper Snapple Group makes up approx 0.12% of Legacy Private Trust’s portfolio.Palo Capital boosted its stake in DPS in the latest quarter, The investment management firm added 179 additional shares and now holds a total of 17,873 shares of Dr Pepper Snapple Group which is valued at $1,548,159. Dr Pepper Snapple Group makes up approx 1.22% of Palo Capital’s portfolio.
On the company’s financial health, Dr Pepper Snapple Group reported $0.94 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.86. The company had revenue of $1487.00 million for the quarter, compared to analysts expectations of $1469.38 million. The company’s revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.
Many Wall Street Analysts have commented on Dr Pepper Snapple Group. Company shares were Reiterated by UBS on Apr 28, 2016 to “Neutral”, Firm has raised the Price Target to $ 94 from a previous price target of $93 .Company shares were Reiterated by Barclays on Apr 28, 2016 to “Equal Weight”, Firm has raised the Price Target to $ 94 from a previous price target of $88 .Company shares were Reiterated by Stifel on Feb 18, 2016 to “Buy”, Firm has raised the Price Target to $ 102 from a previous price target of $98 .
Dr Pepper Snapple Group Inc. is a brand owner manufacturer and distributor of non-alcoholic beverages. The Company operates in the United States Canada and Mexico. Its products comprise flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) including ready-to-drink teas juices juice drinks water and mixers. The Company operates under three segments: Beverage Concentrates Packaged Beverages and Latin America Beverages. The Companys brands include Dr Pepper Canada Dry 7UP A&W Sunkist Squirt Penafiel Crush Schweppes RC Cola Snapple Hawaiian Punch Motts Clamato Aguafiel Mr & Mrs T Roses and Margaritaville among others. The Company distributes finished beverages and manufactures beverage concentrates and fountain syrups. The Company caters to bottlers and distributors and retailers.