Dr Pepper Snapple Group (DPS) : True Private Wealth Advisors scooped up 5 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 Aug 1, 2016. The investment management firm now holds a total of 2,565 shares of Dr Pepper Snapple Group which is valued at $247,933.Dr Pepper Snapple Group makes up approximately 0.08% of True Private Wealth Advisors’s portfolio.
Other Hedge Funds, Including , Aberdeen Asset Management Plcuk reduced its stake in DPS by selling 15,811 shares or 5.55% in the most recent quarter. The Hedge Fund company now holds 269,046 shares of DPS which is valued at $26,005,986. Dr Pepper Snapple Group makes up approx 0.09% of Aberdeen Asset Management Plcuk’s portfolio.Lmr Partners Llp reduced its stake in DPS by selling 14,303 shares or 77.29% in the most recent quarter. The Hedge Fund company now holds 4,202 shares of DPS which is valued at $413,939. Dr Pepper Snapple Group makes up approx 0.06% of Lmr Partners Llp’s portfolio.Robeco Institutional Asset Management B.v. boosted its stake in DPS in the latest quarter, The investment management firm added 21,113 additional shares and now holds a total of 920,538 shares of Dr Pepper Snapple Group which is valued at $90,525,707. Dr Pepper Snapple Group makes up approx 0.67% of Robeco Institutional Asset Management B.v.’s portfolio.Cibc World Markets reduced its stake in DPS by selling 11,687 shares or 65.36% in the most recent quarter. The Hedge Fund company now holds 6,193 shares of DPS which is valued at $609,020.Wendell David Associates Inc reduced its stake in DPS by selling 700 shares or 6.68% in the most recent quarter. The Hedge Fund company now holds 9,775 shares of DPS which is valued at $955,897. Dr Pepper Snapple Group makes up approx 0.18% of Wendell David Associates Inc’s portfolio.
Dr Pepper Snapple Group opened for trading at $96.71 and hit $97.49 on the upside on Thursday, eventually ending the session at $97.19, with a gain of 0.55% or 0.53 points. The heightened volatility saw the trading volume jump to 8,73,006 shares. Company has a market cap of $18,019 M.
On the company’s financial health, Dr Pepper Snapple Group reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $1.20. The company had revenue of $1695.00 million for the quarter, compared to analysts expectations of $1682.70 million. The company’s revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.13 EPS.
Many Wall Street Analysts have commented on Dr Pepper Snapple Group. Company shares were Reiterated by Deutsche Bank on Jul 28, 2016 to “Hold”, Firm has raised the Price Target to $ 97 from a previous price target of $95 .
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.