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