Keurig Dr Pepper Inc (KDP) Shares Sold by MUFG Securities EMEA plc

MUFG Securities EMEA plc decreased its holdings in shares of Keurig Dr Pepper Inc (NYSE:KDP) by 8.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,100 shares of the company’s stock after selling 10,000 shares during the quarter. MUFG Securities EMEA plc’s holdings in Keurig Dr Pepper were worth $2,951,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Bank of Montreal Can grew its holdings in shares of Keurig Dr Pepper by 0.6% during the fourth quarter. Bank of Montreal Can now owns 73,771 shares of the company’s stock valued at $1,892,000 after buying an additional 476 shares in the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Keurig Dr Pepper by 0.5% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 243,384 shares of the company’s stock valued at $6,240,000 after buying an additional 1,100 shares in the last quarter. Sit Investment Associates Inc. grew its holdings in shares of Keurig Dr Pepper by 29.2% during the fourth quarter. Sit Investment Associates Inc. now owns 5,750 shares of the company’s stock valued at $147,000 after buying an additional 1,300 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in shares of Keurig Dr Pepper by 65.4% during the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 3,568 shares of the company’s stock valued at $91,000 after buying an additional 1,411 shares in the last quarter. Finally, Two Sigma Securities LLC grew its holdings in shares of Keurig Dr Pepper by 11.0% during the fourth quarter. Two Sigma Securities LLC now owns 15,185 shares of the company’s stock valued at $389,000 after buying an additional 1,503 shares in the last quarter. Institutional investors and hedge funds own 12.88% of the company’s stock.

In related news, VP Angela A. Stephens purchased 11,535 shares of Keurig Dr Pepper stock in a transaction on Tuesday, March 5th. The stock was bought at an average price of $25.69 per share, with a total value of $296,334.15. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Olivier Goudet purchased 20,000 shares of Keurig Dr Pepper stock in a transaction on Friday, March 1st. The stock was bought at an average cost of $25.43 per share, with a total value of $508,600.00. The disclosure for this purchase can be found here. Insiders acquired 46,285 shares of company stock valued at $1,199,274 in the last ninety days. Insiders own 0.58% of the company’s stock.

KDP has been the topic of a number of research analyst reports. Macquarie upgraded Keurig Dr Pepper from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $24.00 to $30.00 in a report on Tuesday, December 4th. SunTrust Banks began coverage on Keurig Dr Pepper in a research note on Friday, December 7th. They issued a “buy” rating and a $35.00 target price on the stock. UBS Group began coverage on Keurig Dr Pepper in a research note on Thursday, December 13th. They issued a “buy” rating and a $32.00 target price on the stock. Morgan Stanley began coverage on Keurig Dr Pepper in a research note on Friday, December 21st. They issued an “equal weight” rating and a $27.00 target price on the stock. Finally, Zacks Investment Research upgraded Keurig Dr Pepper from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research note on Wednesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $28.39.

Shares of NYSE:KDP opened at $27.70 on Tuesday. Keurig Dr Pepper Inc has a fifty-two week low of $20.46 and a fifty-two week high of $124.36. The stock has a market capitalization of $38.96 billion, a price-to-earnings ratio of 26.63, a P/E/G ratio of 1.52 and a beta of 0.46. The company has a quick ratio of 0.27, a current ratio of 0.38 and a debt-to-equity ratio of 0.64.

Keurig Dr Pepper (NYSE:KDP) last announced its quarterly earnings results on Thursday, February 28th. The company reported $0.30 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.30. Keurig Dr Pepper had a return on equity of 11.13% and a net margin of 9.53%. As a group, analysts predict that Keurig Dr Pepper Inc will post 1.22 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Friday, April 5th will be given a $0.15 dividend. The ex-dividend date is Thursday, April 4th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.17%. Keurig Dr Pepper’s dividend payout ratio is currently 57.69%.

COPYRIGHT VIOLATION WARNING: “Keurig Dr Pepper Inc (KDP) Shares Sold by MUFG Securities EMEA plc” was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & international copyright law. The original version of this news story can be viewed at https://sportsperspectives.com/2019/04/02/keurig-dr-pepper-inc-kdp-shares-sold-by-mufg-securities-emea-plc.html.

Keurig Dr Pepper Company Profile

Keurig Dr Pepper Inc engages in the brewing system and specialty coffee businesses in the United States and Canada. The company sources, produces, and sells coffee, hot cocoa, teas, and other beverages in K-Cup, Vue, Rivo, K-Carafe, and K-Mug pods brands; coffee in traditional packaging, including bags and fractional packs; and other specialty beverages in pods.

Featured Story: Percentage Decliners

Institutional Ownership by Quarter for Keurig Dr Pepper (NYSE:KDP)

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.