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

May 16, 2018 - By Mary Kidd

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

Fundsmith Llp rose its stake by 16.72% in Dr Pepper Snapple Group Inc (DPS), according to 2017Q4 SEC form. By buying 1.25M shares Fundsmith Llp made the stock popped up with 23.05%. The institutional investor is holding 8.74 million shares, compared to the 7.49M from the previous quarter. And the announced value of the consumer non-durables company is $848.54 million for the 2017Q4. $21.46 billion is the MC of Dr Pepper Snapple Group Inc. DPS hit $119.05 during the last trading session after $0.32 change.Currently Dr Pepper Snapple Group, Inc. is uptrending after 21.65% change in last May 16, 2017. DPS has also 458,831 shares volume. DPS outperformed by 10.10% the S&P 500.

A portfolio of $2.92 billion and $11.67B is managed by Fundsmith Llp. As it’s announced in SEC form the stake in Johnson & Johnson (NYSE:JNJ) is reduced by 42,335 shares to 4.33M shares. They are valued at $605.25M in 2017Q4. Fundsmith Llp has cut its stake in Automatic Data Processing In (NASDAQ:ADP) and also reduced its holding in Bard C R Inc (NYSE:BCR) by 44,313 shares in the quarter, for a total of 2.48 million shares.

For more Dr Pepper Snapple Group, Inc. (NYSE:DPS) news posted recently go to: Prnewswire.com, Seekingalpha.com, Gurufocus.com, Globenewswire.com or Streetinsider.com. The titles are as follows: “Dr Pepper Snapple Group and Keep America Beautiful Award more than 900 Recycling Bins through 34 Grants to …” posted on May 03, 2018, “Buy Ecolab If It Goes Down – Cramer’s Lightning Round (4/17/18)” on April 18, 2018, “Jana Partners’ Top 5 Buys of 1st Quarter” with a publish date: May 15, 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”. (NYSE:DPS) has 50% bullish analysts. 20 are the (NYSE:DPS)’s ratings reports on 16 May 2018 according to StockzIntelligence Inc. On Wednesday, February 14 the company was maintained by BMO Capital Markets. On Wednesday, March 14 the firm has “Buy” rating by Stifel Nicolaus given. The stock rating was upgraded by Barclays Capital to “Buy” on Tuesday, February 6. On Tuesday, January 30 Stifel Nicolaus maintained the shares of DPS in report with “Buy” rating. On Friday, December 22 the rating was maintained by Stifel Nicolaus with “Buy”. The stock rating was maintained by Jefferies with “Buy” on Thursday, January 4. In Monday, March 19 report RBC Capital Markets upgraded the stock to “Outperform” rating. The stock rating was maintained by RBC Capital Markets with “Hold” on Friday, February 9. On Tuesday, January 30 Morgan Stanley downgraded the shares of DPS in report to “Hold” rating. On Tuesday, January 30 Wells Fargo downgraded Dr Pepper Snapple Group, Inc. (NYSE:DPS) to “Market Perform” rating.

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

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