1 week Ago By ABMN Staff
Candriam S.C.A.
increased its position in Keurig Dr Pepper Inc. ( NASDAQ:KDP – Free Report ) by 26.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The firm owned 168,659 shares of the company’s stock after acquiring an additional 35,121 shares during the period. Candriam S.C.
A.’s holdings in Keurig Dr Pepper were worth $5,633,000 at the end of the most recent reporting period. A number of other large investors have also modified their holdings of KDP.
Benjamin F. Edwards & Company Inc. acquired a new position in Keurig Dr Pepper during the 4th quarter valued at about $55,000.
Private Advisor Group LLC increased its stake in Keurig Dr Pepper by 80.0% during the 4th quarter. Private Advisor Group LLC now owns 16,090 shares of the company’s stock valued at $536,000 after buying an additional 7,149 shares during the period.
Apollon Wealth Management LLC boosted its position in shares of Keurig Dr Pepper by 149.1% during the 4th quarter. Apollon Wealth Management LLC now owns 16,662 shares of the company’s stock valued at $555,000 after purchasing an additional 9,972 shares in the last quarter.
Principal Securities Inc. bought a new position in shares of Keurig Dr Pepper during the 4th quarter valued at about $72,000. Finally, Teacher Retirement System of Texas boosted its position in shares of Keurig Dr Pepper by 31.
0% during the 4th quarter. Teacher Retirement System of Texas now owns 436,818 shares of the company’s stock valued at $14,555,000 after purchasing an additional 103,473 shares in the last quarter. Institutional investors and hedge funds own 85.
23% of the company’s stock. Wall Street Analyst Weigh In Several research firms have recently weighed in on KDP. Royal Bank of Canada restated an “outperform” rating and set a $41.
00 price objective on shares of Keurig Dr Pepper in a research report on Friday, July 26th. Barclays reduced their price objective on shares of Keurig Dr Pepper from $38.00 to $37.
00 and set an “overweight” rating for the company in a research report on Friday, July 19th. Wells Fargo & Company raised their price objective on shares of Keurig Dr Pepper from $39.00 to $41.
00 and gave the company an “overweight” rating in a research report on Wednesday, June 5th. JPMorgan Chase & Co. reduced their price objective on shares of Keurig Dr Pepper from $37.
00 to $36.00 and set an “overweight” rating for the company in a research report on Wednesday, July 10th. Finally, UBS Group raised their target price on shares of Keurig Dr Pepper from $39.
00 to $40.00 and gave the stock a “buy” rating in a report on Monday, June 10th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock.
According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $36.50.
Keurig Dr Pepper Price Performance Shares of KDP opened at $36.86 on Monday. The firm has a market cap of $49.
97 billion, a PE ratio of 23.78, a PEG ratio of 2.75 and a beta of 0.
62. The firm’s 50 day moving average price is $34.40 and its 200 day moving average price is $32.
95. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.
34 and a current ratio of 0.51. Keurig Dr Pepper Inc.
has a twelve month low of $27.66 and a twelve month high of $37.58.
Keurig Dr Pepper ( NASDAQ:KDP – Get Free Report ) last released its quarterly earnings results on Thursday, July 25th. The company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.
45. Keurig Dr Pepper had a net margin of 14.47% and a return on equity of 10.
32%. The company had revenue of $3.92 billion for the quarter, compared to analyst estimates of $3.
91 billion. During the same quarter last year, the firm posted $0.42 earnings per share.
The company’s quarterly revenue was up 3.5% compared to the same quarter last year. As a group, research analysts expect that Keurig Dr Pepper Inc.
will post 1.92 EPS for the current fiscal year. Keurig Dr Pepper Profile ( Free Report ) Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally.
It operates through three segments: U.S. Refreshment Beverages, U.
S. Coffee, and International. The U.
S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages. Read More Want to see what other hedge funds are holding KDP? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Keurig Dr Pepper Inc. ( NASDAQ:KDP – Free Report ). Receive News & Ratings for Keurig Dr Pepper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keurig Dr Pepper and related companies with MarketBeat.
com's FREE daily email newsletter ..
