B. Metzler seel. Sohn & Co. AG Purchases 1,430 Shares of Keurig Dr Pepper Inc. (NASDAQ:KDP)

B. Metzler seel. Sohn & Co. AG lifted its holdings in Keurig Dr Pepper Inc. (NASDAQ:KDP) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 68,491 shares of the company’s stock after purchasing an additional 1,430 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Keurig Dr Pepper were worth $2,197,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. New Age Alpha Advisors LLC grew its position in Keurig Dr Pepper by 82.8% in the 4th quarter. New Age Alpha Advisors LLC now owns 859 shares of the company’s stock worth $28,000 after purchasing an additional 389 shares during the last quarter. LRI Investments LLC bought a new stake in shares of Keurig Dr Pepper in the third quarter valued at about $35,000. Whipplewood Advisors LLC acquired a new stake in Keurig Dr Pepper during the fourth quarter worth about $37,000. Edmond DE Rothschild Holding S.A. bought a new position in Keurig Dr Pepper during the fourth quarter valued at about $42,000. Finally, Brooklyn Investment Group raised its holdings in Keurig Dr Pepper by 34.0% in the 4th quarter. Brooklyn Investment Group now owns 2,184 shares of the company’s stock valued at $70,000 after acquiring an additional 554 shares in the last quarter. Institutional investors and hedge funds own 93.99% of the company’s stock.

Keurig Dr Pepper Price Performance

Shares of KDP opened at $35.14 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.36 and a current ratio of 0.53. The firm has a market capitalization of $47.68 billion, a PE ratio of 21.30, a P/E/G ratio of 2.42 and a beta of 0.62. The stock has a 50 day simple moving average of $32.91 and a 200 day simple moving average of $33.49. Keurig Dr Pepper Inc. has a 52-week low of $30.12 and a 52-week high of $38.28.

Keurig Dr Pepper (NASDAQ:KDP) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.01. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.01 billion. Keurig Dr Pepper had a net margin of 15.04% and a return on equity of 10.45%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 earnings per share. Sell-side analysts predict that Keurig Dr Pepper Inc. will post 1.92 EPS for the current fiscal year.

Keurig Dr Pepper Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be given a dividend of $0.23 per share. The ex-dividend date is Friday, March 28th. This represents a $0.92 annualized dividend and a dividend yield of 2.62%. Keurig Dr Pepper’s dividend payout ratio is currently 87.62%.

Wall Street Analyst Weigh In

KDP has been the topic of several analyst reports. Wells Fargo & Company reissued an “overweight” rating on shares of Keurig Dr Pepper in a report on Tuesday, February 25th. JPMorgan Chase & Co. lifted their price target on shares of Keurig Dr Pepper from $37.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. Morgan Stanley raised shares of Keurig Dr Pepper from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $38.00 to $40.00 in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upgraded Keurig Dr Pepper from a “hold” rating to a “buy” rating and lifted their price objective for the company from $37.00 to $39.00 in a research report on Thursday, December 12th. Finally, Piper Sandler began coverage on shares of Keurig Dr Pepper in a research note on Tuesday, February 25th. They issued a “neutral” rating and a $35.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $38.38.

Insider Transactions at Keurig Dr Pepper

In other Keurig Dr Pepper news, insider Mary Beth Denooyer sold 12,000 shares of the business’s stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $34.05, for a total transaction of $408,600.00. Following the sale, the insider now directly owns 187,537 shares of the company’s stock, valued at $6,385,634.85. The trade was a 6.01 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Angela A. Stephens sold 7,350 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $34.17, for a total value of $251,149.50. Following the completion of the transaction, the vice president now owns 74,587 shares of the company’s stock, valued at $2,548,637.79. The trade was a 8.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 84,397,350 shares of company stock valued at $2,756,292,570 over the last three months. Company insiders own 1.00% of the company’s stock.

About Keurig Dr Pepper

Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages.