Free Trial

Keurig Dr Pepper, Inc (NASDAQ:KDP) Insider Sells $403,680.00 in Stock

Keurig Dr Pepper logo with Consumer Staples background

Keurig Dr Pepper, Inc (NASDAQ:KDP - Get Free Report) insider Mary Beth Denooyer sold 12,000 shares of the company's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $33.64, for a total value of $403,680.00. Following the transaction, the insider now directly owns 106,511 shares of the company's stock, valued at $3,583,030.04. This represents a 10.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Mary Beth Denooyer also recently made the following trade(s):

  • On Tuesday, June 3rd, Mary Beth Denooyer sold 12,000 shares of Keurig Dr Pepper stock. The stock was sold at an average price of $32.92, for a total transaction of $395,040.00.
  • On Tuesday, May 6th, Mary Beth Denooyer sold 12,000 shares of Keurig Dr Pepper stock. The shares were sold at an average price of $34.11, for a total transaction of $409,320.00.
  • On Thursday, April 17th, Mary Beth Denooyer sold 12,000 shares of Keurig Dr Pepper stock. The stock was sold at an average price of $35.59, for a total value of $427,080.00.
  • On Tuesday, April 1st, Mary Beth Denooyer sold 12,000 shares of Keurig Dr Pepper stock. The shares were sold at an average price of $34.78, for a total value of $417,360.00.

Keurig Dr Pepper Price Performance

KDP stock opened at $32.85 on Friday. Keurig Dr Pepper, Inc has a 52-week low of $30.12 and a 52-week high of $38.28. The firm has a 50 day moving average price of $33.53 and a 200-day moving average price of $33.09. The firm has a market capitalization of $44.62 billion, a price-to-earnings ratio of 29.86, a PEG ratio of 2.55 and a beta of 0.48. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 0.47.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last issued its earnings results on Thursday, April 24th. The company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.04. Keurig Dr Pepper had a return on equity of 10.86% and a net margin of 9.69%. The firm had revenue of $3.64 billion for the quarter, compared to analysts' expectations of $3.57 billion. During the same period in the previous year, the firm posted $0.38 earnings per share. The business's revenue was up 4.8% compared to the same quarter last year. Equities research analysts forecast that Keurig Dr Pepper, Inc will post 1.92 EPS for the current fiscal year.

Keurig Dr Pepper Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, June 27th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, June 27th. This represents a $0.92 annualized dividend and a dividend yield of 2.80%. Keurig Dr Pepper's dividend payout ratio (DPR) is presently 83.64%.

Institutional Trading of Keurig Dr Pepper

A number of institutional investors have recently bought and sold shares of KDP. Rise Advisors LLC purchased a new stake in shares of Keurig Dr Pepper during the 1st quarter worth about $25,000. ST Germain D J Co. Inc. purchased a new position in shares of Keurig Dr Pepper during the first quarter worth $27,000. New Age Alpha Advisors LLC grew its holdings in shares of Keurig Dr Pepper by 82.8% in the fourth quarter. New Age Alpha Advisors LLC now owns 859 shares of the company's stock valued at $28,000 after purchasing an additional 389 shares in the last quarter. Whipplewood Advisors LLC purchased a new stake in Keurig Dr Pepper during the 4th quarter worth about $37,000. Finally, Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Keurig Dr Pepper during the 4th quarter worth $42,000. 93.99% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

KDP has been the subject of a number of recent analyst reports. Argus assumed coverage on shares of Keurig Dr Pepper in a research report on Wednesday, April 16th. They set a "buy" rating and a $40.00 price target on the stock. UBS Group boosted their price objective on Keurig Dr Pepper from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Thursday, April 17th. Hsbc Global Res raised shares of Keurig Dr Pepper from a "hold" rating to a "strong-buy" rating in a report on Friday, April 25th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $42.00 target price on shares of Keurig Dr Pepper in a report on Tuesday, April 22nd. Finally, HSBC upgraded Keurig Dr Pepper from a "hold" rating to a "buy" rating and boosted their target price for the stock from $36.00 to $42.00 in a research report on Friday, April 25th. Two investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $39.92.

Check Out Our Latest Analysis on KDP

About Keurig Dr Pepper

(Get Free Report)

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.

Featured Articles

Insider Buying and Selling by Quarter for Keurig Dr Pepper (NASDAQ:KDP)

Should You Invest $1,000 in Keurig Dr Pepper Right Now?

Before you consider Keurig Dr Pepper, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Keurig Dr Pepper wasn't on the list.

While Keurig Dr Pepper currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore
AI Stocks Are Printing Money — These 3 Are Just Getting Started
Why Drone Stocks Are Skyrocketing Right Now!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines