Schwarz Dygos Wheeler Investment Advisors LLC Purchases 3,800 Shares of Keurig Dr Pepper Inc. (NASDAQ:KDP)

Schwarz Dygos Wheeler Investment Advisors LLC increased its holdings in Keurig Dr Pepper Inc. (NASDAQ:KDP) by 34.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,800 shares of the company’s stock after acquiring an additional 3,800 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Keurig Dr Pepper were worth $493,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of KDP. AE Wealth Management LLC raised its stake in shares of Keurig Dr Pepper by 3.9% during the 3rd quarter. AE Wealth Management LLC now owns 28,992 shares of the company’s stock valued at $915,000 after purchasing an additional 1,093 shares during the period. IFP Advisors Inc raised its stake in shares of Keurig Dr Pepper by 271.5% during the third quarter. IFP Advisors Inc now owns 4,852 shares of the company’s stock valued at $153,000 after acquiring an additional 3,546 shares during the last quarter. Caprock Group LLC grew its holdings in Keurig Dr Pepper by 10.1% during the third quarter. Caprock Group LLC now owns 18,192 shares of the company’s stock valued at $578,000 after purchasing an additional 1,676 shares during the period. CX Institutional increased its holdings in Keurig Dr Pepper by 6.2% in the 3rd quarter. CX Institutional now owns 8,483 shares of the company’s stock worth $268,000 after acquiring an additional 492 shares in the last quarter. Finally, Czech National Bank boosted its position in shares of Keurig Dr Pepper by 76.3% in the third quarter. Czech National Bank now owns 175,833 shares of the company’s stock worth $5,551,000 after purchasing an additional 76,125 shares during the period. 85.23% of the stock is currently owned by institutional investors.

Insider Activity

In related news, major shareholder Holdings B.V. Jab sold 51,956,522 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $28.90, for a total value of $1,501,543,485.80. Following the transaction, the insider now owns 331,487,357 shares in the company, valued at approximately $9,579,984,617.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Keurig Dr Pepper news, Director Robert S. Singer sold 12,132 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $29.25, for a total value of $354,861.00. Following the completion of the sale, the director now owns 37,643 shares of the company’s stock, valued at $1,101,057.75. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Holdings B.V. Jab sold 51,956,522 shares of the stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $28.90, for a total transaction of $1,501,543,485.80. Following the completion of the transaction, the insider now owns 331,487,357 shares of the company’s stock, valued at approximately $9,579,984,617.30. The disclosure for this sale can be found here. Insiders have sold 100,012,132 shares of company stock valued at $2,890,354,861 in the last ninety days. 0.81% of the stock is currently owned by company insiders.

Keurig Dr Pepper Price Performance

Shares of KDP stock traded down $0.12 on Friday, reaching $33.72. 9,684,878 shares of the company were exchanged, compared to its average volume of 8,656,274. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 0.51. Keurig Dr Pepper Inc. has a 1 year low of $27.66 and a 1 year high of $34.65. The company has a market cap of $46.79 billion, a price-to-earnings ratio of 21.75, a P/E/G ratio of 2.57 and a beta of 0.66. The business has a 50-day moving average price of $30.41 and a 200 day moving average price of $31.08.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. Keurig Dr Pepper had a return on equity of 10.18% and a net margin of 14.52%. The firm had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.41 billion. During the same period in the previous year, the company posted $0.34 earnings per share. The business’s revenue was up 3.4% on a year-over-year basis. Equities research analysts forecast that Keurig Dr Pepper Inc. will post 1.91 earnings per share for the current fiscal year.

Keurig Dr Pepper Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 12th. Stockholders of record on Friday, March 29th were given a dividend of $0.215 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 2.55%. Keurig Dr Pepper’s dividend payout ratio (DPR) is presently 55.48%.

Analyst Ratings Changes

Several analysts recently weighed in on KDP shares. Royal Bank of Canada decreased their price target on Keurig Dr Pepper from $42.00 to $41.00 and set an “outperform” rating on the stock in a report on Friday, February 23rd. TD Cowen increased their target price on shares of Keurig Dr Pepper from $32.00 to $35.00 and gave the company a “hold” rating in a research note on Friday. Morgan Stanley dropped their price target on shares of Keurig Dr Pepper from $37.00 to $34.00 and set an “equal weight” rating for the company in a research note on Monday, February 26th. Wedbush reduced their price objective on shares of Keurig Dr Pepper from $37.00 to $35.00 and set an “outperform” rating on the stock in a research report on Monday, February 26th. Finally, Jefferies Financial Group dropped their target price on Keurig Dr Pepper from $37.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, March 27th. Five investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.33.

Keurig Dr Pepper Company Profile

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.