Dr Pepper Snapple Group (DPS) : Fcm Investmentstx scooped up 500 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 Oct 12, 2016. The investment management firm now holds a total of 1,900 shares of Dr Pepper Snapple Group which is valued at $165,566.Dr Pepper Snapple Group makes up approximately 0.09% of Fcm Investmentstx’s portfolio.
Other Hedge Funds, Including , Nisa Investment Advisors boosted its stake in DPS in the latest quarter, The investment management firm added 12,009 additional shares and now holds a total of 53,134 shares of Dr Pepper Snapple Group which is valued at $4,630,097. Dr Pepper Snapple Group makes up approx 0.06% of Nisa Investment Advisors’s portfolio. West Oak Capital sold out all of its stake in DPS during the most recent quarter. The investment firm sold 150 shares of DPS which is valued $13,068.Bath Savings Trust Co reduced its stake in DPS by selling 781 shares or 3.91% in the most recent quarter. The Hedge Fund company now holds 19,211 shares of DPS which is valued at $1,673,662. Dr Pepper Snapple Group makes up approx 0.53% of Bath Savings Trust Co’s portfolio.
Dr Pepper Snapple Group closed down -0.65 points or -0.74% at $87.14 with 8,60,396 shares getting traded on Tuesday. Post opening the session at $87.73, the shares hit an intraday low of $86.77 and an intraday high of $87.825 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
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. Dr Pepper Snapple Group was Initiated by Credit Suisse to “Outperform” on Sep 16, 2016. 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.