Universal Beteiligungs und Servicegesellschaft mbH Purchases Shares of 811,228 Keurig Dr Pepper Inc. (NASDAQ:KDP)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Keurig Dr Pepper Inc. (NASDAQ:KDP - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 811,228 shares of the company's stock, valued at approximately $26,057,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Keurig Dr Pepper as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the business. Townsquare Capital LLC lifted its holdings in shares of Keurig Dr Pepper by 2.1% in the 4th quarter. Townsquare Capital LLC now owns 15,734 shares of the company's stock worth $505,000 after acquiring an additional 327 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in shares of Keurig Dr Pepper by 1.2% in the 4th quarter. Perigon Wealth Management LLC now owns 28,545 shares of the company's stock worth $893,000 after acquiring an additional 342 shares during the last quarter. Barden Capital Management Inc. lifted its holdings in shares of Keurig Dr Pepper by 0.9% in the 4th quarter. Barden Capital Management Inc. now owns 39,836 shares of the company's stock worth $1,280,000 after acquiring an additional 353 shares during the last quarter. Custom Index Systems LLC lifted its holdings in shares of Keurig Dr Pepper by 5.3% in the 4th quarter. Custom Index Systems LLC now owns 7,109 shares of the company's stock worth $228,000 after acquiring an additional 357 shares during the last quarter. Finally, New Age Alpha Advisors LLC lifted its holdings in shares of 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 acquiring an additional 389 shares during the last quarter. Institutional investors own 93.99% of the company's stock.

Keurig Dr Pepper Stock Down 1.2%

Shares of NASDAQ:KDP traded down $0.42 during trading hours on Monday, hitting $33.25. The company's stock had a trading volume of 12,124,229 shares, compared to its average volume of 10,687,903. Keurig Dr Pepper Inc. has a 52 week low of $30.12 and a 52 week high of $38.28. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.53 and a quick ratio of 0.36. The company has a market capitalization of $45.16 billion, a price-to-earnings ratio of 20.15, a P/E/G ratio of 2.42 and a beta of 0.52. The firm's fifty day moving average price is $34.16 and its 200 day moving average price is $33.04.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.38 by $0.04. Keurig Dr Pepper had a net margin of 15.04% and a return on equity of 10.45%. The business had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.57 billion. During the same quarter in the previous year, the business posted $0.38 EPS. The company's quarterly revenue was up 4.8% compared to the same quarter last year. As a group, research analysts expect that Keurig Dr Pepper Inc. will post 1.92 EPS for the current year.

Keurig Dr Pepper Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Stockholders of record on Friday, June 27th will be issued a $0.23 dividend. The ex-dividend date is Friday, June 27th. This represents a $0.92 annualized dividend and a dividend yield of 2.77%. Keurig Dr Pepper's dividend payout ratio is currently 83.64%.

Insider Activity

In related news, insider Mary Beth Denooyer sold 12,000 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $34.05, for a total transaction of $408,600.00. Following the completion of the transaction, the insider now owns 187,537 shares in the company, valued at $6,385,634.85. The trade was a 6.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Robert James Gamgort sold 416,000 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $34.29, for a total transaction of $14,264,640.00. Following the transaction, the chairman now owns 3,237,066 shares of the company's stock, valued at approximately $110,998,993.14. This trade represents a 11.39% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 906,500 shares of company stock worth $30,984,800. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on KDP shares. Morgan Stanley upgraded shares of Keurig Dr Pepper from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $38.00 to $40.00 in a report on Tuesday, April 1st. Argus started coverage on shares of Keurig Dr Pepper in a report on Wednesday, April 16th. They issued a "buy" rating and a $40.00 target price for the company. Royal Bank of Canada reiterated an "outperform" rating and set a $42.00 price objective on shares of Keurig Dr Pepper in a report on Tuesday, April 22nd. Piper Sandler raised shares of Keurig Dr Pepper from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $35.00 to $40.00 in a research report on Wednesday, April 9th. Finally, Hsbc Global Res raised shares of Keurig Dr Pepper from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 25th. Four equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $39.33.

Keurig Dr Pepper Profile

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.