OppenheimerFunds Inc. Purchases 58,872 Shares of Dr Pepper Snapple Group Inc. (DPS)

OppenheimerFunds Inc. raised its position in Dr Pepper Snapple Group Inc. (NYSE:DPS) by 5.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,133,550 shares of the company’s stock after buying an additional 58,872 shares during the period. OppenheimerFunds Inc.’s holdings in Dr Pepper Snapple Group were worth $110,023,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Amica Retiree Medical Trust bought a new position in Dr Pepper Snapple Group in the 3rd quarter valued at $110,000. Sawyer & Company Inc bought a new position in Dr Pepper Snapple Group in the 4th quarter valued at $205,000. Cue Financial Group Inc. bought a new position in shares of Dr Pepper Snapple Group in the 4th quarter worth $205,000. Zeke Capital Advisors LLC bought a new position in shares of Dr Pepper Snapple Group in the 3rd quarter worth $208,000. Finally, Autus Asset Management LLC bought a new position in shares of Dr Pepper Snapple Group in the 4th quarter worth $213,000. Hedge funds and other institutional investors own 93.10% of the company’s stock.

Dr Pepper Snapple Group Inc. (NYSE DPS) opened at $115.37 on Friday. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.72 and a current ratio of 0.90. The firm has a market capitalization of $20,636.42, a PE ratio of 19.55, a price-to-earnings-growth ratio of 2.07 and a beta of 0.79. Dr Pepper Snapple Group Inc. has a twelve month low of $83.23 and a twelve month high of $126.65.

Dr Pepper Snapple Group (NYSE:DPS) last posted its earnings results on Wednesday, February 14th. The company reported $1.17 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.17. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.66 billion. Dr Pepper Snapple Group had a return on equity of 37.05% and a net margin of 16.08%. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.90 earnings per share. equities analysts predict that Dr Pepper Snapple Group Inc. will post 5.16 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 12th. Shareholders of record on Wednesday, March 21st will be issued a dividend of $0.58 per share. The ex-dividend date of this dividend is Tuesday, March 20th. This represents a $2.32 annualized dividend and a yield of 2.01%. Dr Pepper Snapple Group’s dividend payout ratio is presently 39.32%.

Several research analysts have recently issued reports on the company. Credit Suisse Group restated an “outperform” rating and issued a $128.00 price target (up from $107.00) on shares of Dr Pepper Snapple Group in a research report on Wednesday, January 10th. Sanford C. Bernstein restated a “market perform” rating and issued a $124.00 price target (up from $92.00) on shares of Dr Pepper Snapple Group in a research report on Tuesday, January 30th. Zacks Investment Research upgraded Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Wells Fargo & Co raised their price target on Dr Pepper Snapple Group from $98.00 to $112.00 and gave the stock an “outperform” rating in a research report on Thursday, January 4th. Finally, Jefferies Group restated a “buy” rating and issued a $115.00 price target on shares of Dr Pepper Snapple Group in a research report on Monday, January 29th. Thirteen analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Dr Pepper Snapple Group currently has a consensus rating of “Hold” and a consensus price target of $115.14.

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Dr Pepper Snapple Group Company 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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