BLB&B Advisors LLC Has $215,000 Stake in Dr Pepper Snapple Group, Inc (NYSE:DPS)

BLB&B Advisors LLC continued to hold its position in Dr Pepper Snapple Group, Inc (NYSE:DPS) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,200 shares of the company’s stock at the end of the second quarter. BLB&B Advisors LLC’s holdings in Dr Pepper Snapple Group were worth $215,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. increased its position in Dr Pepper Snapple Group by 1,517.3% in the first quarter. BlackRock Inc. now owns 16,369,447 shares of the company’s stock worth $1,602,895,000 after buying an additional 15,357,318 shares during the period. FIL Ltd increased its position in Dr Pepper Snapple Group by 521.2% in the first quarter. FIL Ltd now owns 990,941 shares of the company’s stock worth $97,033,000 after buying an additional 831,425 shares during the period. Bank of Montreal Can increased its position in Dr Pepper Snapple Group by 43.4% in the first quarter. Bank of Montreal Can now owns 2,679,499 shares of the company’s stock worth $262,375,000 after buying an additional 810,357 shares during the period. FMR LLC increased its position in Dr Pepper Snapple Group by 27.4% in the first quarter. FMR LLC now owns 2,850,027 shares of the company’s stock worth $279,075,000 after buying an additional 613,545 shares during the period. Finally, Renaissance Technologies LLC increased its position in Dr Pepper Snapple Group by 600.3% in the first quarter. Renaissance Technologies LLC now owns 669,500 shares of the company’s stock worth $65,557,000 after buying an additional 573,900 shares during the period. Hedge funds and other institutional investors own 89.64% of the company’s stock.

Shares of Dr Pepper Snapple Group, Inc (DPS) traded down 0.15% during midday trading on Wednesday, hitting $90.91. The stock had a trading volume of 371,674 shares. The firm has a 50 day moving average price of $91.64 and a 200-day moving average price of $93.19. The stock has a market cap of $16.52 billion, a PE ratio of 21.80 and a beta of 0.60. Dr Pepper Snapple Group, Inc has a 52-week low of $81.05 and a 52-week high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings data on Thursday, July 27th. The company reported $1.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by $0.03. The business had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. Dr Pepper Snapple Group’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.25 earnings per share. Equities analysts predict that Dr Pepper Snapple Group, Inc will post $4.65 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, July 6th. Stockholders of record on Wednesday, June 14th were paid a $0.58 dividend. The ex-dividend date of this dividend was Monday, June 12th. This represents a $2.32 annualized dividend and a dividend yield of 2.55%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 55.64%.

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A number of equities analysts have recently issued reports on DPS shares. Morgan Stanley upgraded Dr Pepper Snapple Group from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 16th. Barclays PLC reaffirmed a “hold” rating and issued a $99.00 target price on shares of Dr Pepper Snapple Group in a report on Friday, April 28th. Zacks Investment Research raised Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $104.00 target price on the stock in a report on Tuesday, June 27th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $112.00 target price on shares of Dr Pepper Snapple Group in a report on Friday, June 23rd. Finally, Credit Suisse Group reaffirmed a “buy” rating on shares of Dr Pepper Snapple Group in a report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $99.64.

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.