Fundsmith Llp Increased Its Dr Pepper Snapple Group INC (DPS) Stake by $121.50 Million; Shares Rose

May 16, 2018 - By Theresa Judd

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Corporate Logo

According to 2017Q4 SEC filling the Fundsmith Llp upped its holdings in Dr Pepper Snapple Group Inc (DPS) by 16.72%. The company’s stock rose 23.05% while stock markets declined as Fundsmith Llp bought 1.25 million shares. At the end of 2017Q4, the 8.74M shares of the consumer non-durables company held by the institutional investor were valued at $848.54 million, up from 7.49M at the end of the previous reported quarter. $21.46B is the MC of Dr Pepper Snapple Group Inc. The stock decreased 0.27% or $0.32 during the last trading session, hitting $119.05.Dr Pepper Snapple Group, Inc. has volume of 458,831 shares. Since May 16, 2017 DPS has risen 21.65% and is uptrending. DPS outperformed by 10.10% the S&P500.

According to a filing Fundsmith Llp reduced its stake in Bard C R Inc (NYSE:BCR) by 44,313 shares to 2.48 million shares, valued at $822.79M in 2017Q4. The fund operates about $2.92B and $11.67B US Long portfolio. Fundsmith Llp has cut its stake in Marriott Intl Inc New (NASDAQ:MAR) and also reduced its holding in Johnson & Johnson (NYSE:JNJ) by 42,335 shares in the quarter, for a total of 4.33 million shares.

For more Dr Pepper Snapple Group, Inc. (NYSE:DPS) news published recently go to: Gurufocus.com, Seekingalpha.com, Prnewswire.com, Globenewswire.com or Streetinsider.com. The titles are as follows: “Jana Partners’ Top 5 Buys of 1st Quarter” published on May 15, 2018, “Buy Ecolab If It Goes Down – Cramer’s Lightning Round (4/17/18)” on April 18, 2018, “Dr Pepper Snapple Group and Keep America Beautiful Award more than 900 Recycling Bins through 34 Grants to …” with a publish date: May 03, 2018, “Research Report Identifies Arch Coal, Dr Pepper Snapple Group, Unum Group, Halliburton, Peabody Energy, and …” and the last “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” with publication date: May 15, 2018.

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Ratings Coverage

In total 12 analysts cover Dr Pepper Snapple Group (NYSE:DPS). “Buy” rating has 6, “Sell” are 0, while 6 are “Hold”. 50% are bullish. 20 are the (NYSE:DPS)’s analyst reports since December 14, 2017 according to StockzIntelligence Inc. In Tuesday, January 30 report Morgan Stanley downgraded it to “Hold” rating and $121.0 target. On Tuesday, February 6 the stock of Dr Pepper Snapple Group, Inc. (NYSE:DPS) earned “Buy” rating by Barclays Capital. On Thursday, January 4 the company was maintained by Jefferies. On Wednesday, February 14 the firm earned “Hold” rating by Cowen & Co. In Wednesday, February 14 report BMO Capital Markets maintained it with “Hold” rating and $122.0 target. On Tuesday, January 30 Cowen & Co maintained Dr Pepper Snapple Group, Inc. (NYSE:DPS) with “Hold” rating. On Wednesday, January 31 the stock of Dr Pepper Snapple Group, Inc. (NYSE:DPS) has “Hold” rating given by BMO Capital Markets. On Friday, February 16 the stock of Dr Pepper Snapple Group, Inc. (NYSE:DPS) earned “Hold” rating by Jefferies. On Tuesday, January 30 the company was downgraded by Wells Fargo. On Friday, December 22 the firm has “Buy” rating given by Stifel Nicolaus.

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Analyst Ratings Chart

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