ExodusPoint Capital Administration LP Sells 471,116 Shares of Keurig Dr Pepper Inc. (NASDAQ:KDP)

ExodusPoint Capital Administration LP Sells 471,116 Shares of Keurig Dr Pepper Inc. (NASDAQ:KDP)

ExodusPoint Capital Administration LP lowered its holdings in Keurig Dr Pepper Inc. (NASDAQ:KDP – Free Report) by 58.5% within the 2nd quarter, based on the corporate in its most up-to-date 13F submitting with the SEC. The institutional investor owned 333,817 shares of the corporate’s inventory after promoting 471,116 shares throughout the quarter. ExodusPoint Capital Administration LP’s holdings in Keurig Dr Pepper had been value $10,438,000 on the finish of the newest reporting interval.

Different hedge funds have additionally just lately modified their holdings of the corporate. World Retirement Companions LLC raised its stake in Keurig Dr Pepper by 83.4% within the second quarter. World Retirement Companions LLC now owns 937 shares of the corporate’s inventory value $29,000 after shopping for an extra 426 shares within the final quarter. Fiduciary Alliance LLC purchased a brand new place in shares of Keurig Dr Pepper within the 2nd quarter value $32,000. Resurgent Monetary Advisors LLC bought a brand new stake in shares of Keurig Dr Pepper throughout the 4th quarter value $34,000. Ameritas Advisory Providers LLC bought a brand new stake in shares of Keurig Dr Pepper throughout the 1st quarter value $42,000. Lastly, Harmony Wealth Companions boosted its place in Keurig Dr Pepper by 123.0% throughout the second quarter. Harmony Wealth Companions now owns 1,347 shares of the corporate’s inventory valued at $42,000 after buying an extra 743 shares within the final quarter. Hedge funds and different institutional traders personal 52.29% of the corporate’s inventory.

Insider Shopping for and Promoting at Keurig Dr Pepper

In associated information, insider Karin Rotem-Wildeman bought 7,050 shares of the agency’s inventory in a transaction that occurred on Friday, October twenty seventh. The shares had been bought at a mean price of $29.95 per share, with a complete worth of $211,147.50. Following the acquisition, the insider now owns 69,448 shares of the corporate’s inventory, valued at roughly $2,079,967.60. The acquisition was disclosed in a submitting with the Securities & Change Fee, which could be accessed by way of this hyperlink. In different information, insider Karin Rotem-Wildeman bought 7,050 shares of the corporate’s inventory in a transaction that occurred on Friday, October twenty seventh. The inventory was bought at a mean price of $29.95 per share, for a complete transaction of $211,147.50. Following the completion of the transaction, the insider now owns 69,448 shares of the corporate’s inventory, valued at $2,079,967.60. The acquisition was disclosed in a doc filed with the Securities & Change Fee, which is accessible by way of this hyperlink. Additionally, insider Matthew Andrew Archambault offered 40,000 shares of the agency’s inventory in a transaction on Friday, September fifteenth. The shares had been offered at a mean worth of $33.61, for a complete worth of $1,344,400.00. Following the completion of the transaction, the insider now owns 16,800 shares within the firm, valued at roughly $564,648. The disclosure for this sale could be discovered right here. Insiders have bought a complete of 72,050 shares of firm inventory valued at $2,240,048 during the last ninety days. Company insiders personal 0.81% of the corporate’s inventory.

Analysts Set New Value Targets

A variety of analysis corporations have just lately weighed in on KDP. Citigroup lowered their worth goal on shares of Keurig Dr Pepper from $37.00 to $33.00 and set a “impartial” score on the inventory in a report on Wednesday, October eleventh. Sanford C. Bernstein lower their worth goal on shares of Keurig Dr Pepper from $40.00 to $37.00 and set an “outperform” score on the inventory in a report on Thursday, October twelfth. Morgan Stanley decreased their worth goal on Keurig Dr Pepper from $39.00 to $37.00 and set an “obese” score for the corporate in a report on Friday, October twenty seventh. UBS Group raised Keurig Dr Pepper from a “impartial” score to a “purchase” score and raised their worth goal for the inventory from $37.00 to $42.00 in a analysis report on Tuesday, August fifteenth. Lastly, StockNews.com started protection on Keurig Dr Pepper in a analysis report on Thursday, October fifth. They set a “maintain” score on the inventory. Three analysts have rated the inventory with a maintain score and 7 have issued a purchase score to the inventory. In accordance with MarketBeat, the corporate at the moment has a mean score of “Reasonable Purchase” and a mean goal worth of $37.20.

Test Out Our Newest Analysis Report on Keurig Dr Pepper

Keurig Dr Pepper Value Efficiency

Shares of NASDAQ:KDP opened at $32.01 on Wednesday. The corporate has a present ratio of 0.39, a fast ratio of 0.23 and a debt-to-equity ratio of 0.39. Keurig Dr Pepper Inc. has a twelve month low of $27.66 and a twelve month excessive of $38.94. The corporate’s 50 day shifting common is $30.91 and its 200 day shifting common is $31.87. The corporate has a market cap of $44.76 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of two.64 and a beta of 0.67.

Keurig Dr Pepper (NASDAQ:KDP – Get Free Report) final posted its earnings outcomes on Thursday, October twenty sixth. The corporate reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. The agency had income of $3.81 billion for the quarter, in comparison with analyst estimates of $3.77 billion. Keurig Dr Pepper had a return on fairness of 9.76% and a web margin of 13.16%. Keurig Dr Pepper’s income for the quarter was up 5.1% in comparison with the identical quarter final 12 months. Throughout the identical interval final 12 months, the corporate earned $0.46 earnings per share. On common, sell-side analysts forecast that Keurig Dr Pepper Inc. will submit 1.78 EPS for the present 12 months.

Keurig Dr Pepper Will increase Dividend

The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Friday, October thirteenth. Shareholders of file on Friday, September twenty ninth got a dividend of $0.215 per share. The ex-dividend date was Thursday, September twenty eighth. This can be a increase from Keurig Dr Pepper’s earlier quarterly dividend of $0.20. This represents a $0.86 dividend on an annualized foundation and a yield of two.69%. Keurig Dr Pepper’s dividend payout ratio is at the moment 62.32%.

Keurig Dr Pepper Firm Profile

(Free Report)

Keurig Dr Pepper Inc operates as a beverage firm in the USA and internationally. It operates by way of 4 segments: Espresso Programs, Packaged Drinks, Beverage Concentrates, and Latin America Drinks. The Espresso Programs phase manufactures and distributes varied completed items associated to its espresso programs, Ok-Cup pods, and brewers, in addition to specialty espresso.

Featured Articles

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

This instantaneous information alert was generated by narrative science know-how and monetary information from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

Earlier than you think about Keurig Dr Pepper, you will need to hear this.

MarketBeat retains observe of Wall Road’s top-rated and greatest performing analysis analysts and the shares they advocate to their purchasers every day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Keurig Dr Pepper wasn’t on the record.

Whereas Keurig Dr Pepper at the moment has a “Reasonable Purchase” score amongst analysts, top-rated analysts consider these 5 shares are higher buys.

View The 5 Shares Right here

Beginners Guide To Retirement Stocks Cover

Click on the hyperlink beneath and we’ll ship you MarketBeat’s record of seven greatest retirement shares and why they need to be in your portfolio.

Get This Free Report

You may also like...

Leave a Reply