Natixis Advisors L.P. Has $11.55 Million Stake in Keurig Dr Pepper Inc. (NASDAQ:KDP)

Natixis Advisors L.P. boosted its stake in shares of Keurig Dr Pepper Inc. (NASDAQ:KDP - Free Report) by 44.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 346,612 shares of the company's stock after acquiring an additional 107,162 shares during the quarter. Natixis Advisors L.P.'s holdings in Keurig Dr Pepper were worth $11,549,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. OFI Invest Asset Management acquired a new stake in shares of Keurig Dr Pepper during the 3rd quarter valued at about $25,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Keurig Dr Pepper in the fourth quarter valued at approximately $29,000. Bruce G. Allen Investments LLC acquired a new stake in Keurig Dr Pepper in the fourth quarter valued at approximately $34,000. Ulland Investment Advisors LLC acquired a new stake in Keurig Dr Pepper in the fourth quarter valued at approximately $50,000. Finally, Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Keurig Dr Pepper by 79.4% in the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,615 shares of the company's stock valued at $54,000 after purchasing an additional 715 shares during the period. 85.23% of the stock is owned by institutional investors and hedge funds.

Keurig Dr Pepper Trading Down 0.3 %

NASDAQ:KDP traded down $0.11 on Wednesday, reaching $33.70. The company's stock had a trading volume of 4,682,016 shares, compared to its average volume of 10,190,046. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 0.52. The firm has a market cap of $45.68 billion, a price-to-earnings ratio of 21.72, a price-to-earnings-growth ratio of 2.56 and a beta of 0.61. Keurig Dr Pepper Inc. has a 12-month low of $27.66 and a 12-month high of $34.65. The stock has a 50 day moving average price of $30.85 and a 200 day moving average price of $31.35.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last released its earnings results on Thursday, April 25th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.34 by $0.04. Keurig Dr Pepper had a return on equity of 10.18% and a net margin of 14.52%. The firm had revenue of $3.47 billion during the quarter, compared to analysts' expectations of $3.41 billion. During the same period in the previous year, the firm posted $0.34 EPS. Keurig Dr Pepper's revenue for the quarter was up 3.4% on a year-over-year basis. On average, equities analysts anticipate that Keurig Dr Pepper Inc. will post 1.91 EPS for the current fiscal year.

Analysts Set New Price Targets

KDP has been the topic of several research analyst reports. Jefferies Financial Group dropped their price objective on Keurig Dr Pepper from $37.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, March 27th. TD Cowen raised their price objective on Keurig Dr Pepper from $32.00 to $35.00 and gave the company a "hold" rating in a report on Friday, April 26th. Royal Bank of Canada lowered their price target on Keurig Dr Pepper from $42.00 to $41.00 and set an "outperform" rating on the stock in a research note on Friday, February 23rd. Wedbush lowered their price target on Keurig Dr Pepper from $37.00 to $35.00 and set an "outperform" rating on the stock in a research note on Monday, February 26th. Finally, Morgan Stanley lowered their price target on Keurig Dr Pepper from $37.00 to $34.00 and set an "equal weight" rating on the stock in a research note on Monday, February 26th. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $36.64.

Insider Transactions at Keurig Dr Pepper

In other news, VP Angela A. Stephens sold 25,000 shares of the company's stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $33.61, for a total transaction of $840,250.00. Following the completion of the transaction, the vice president now directly owns 76,081 shares of the company's stock, valued at approximately $2,557,082.41. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, VP Angela A. Stephens sold 25,000 shares of the company's stock in a transaction dated Tuesday, April 30th. The stock was sold at an average price of $33.61, for a total value of $840,250.00. Following the completion of the sale, the vice president now directly owns 76,081 shares of the company's stock, valued at approximately $2,557,082.41. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Holdings B.V. Jab sold 51,956,522 shares of the firm's stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $28.90, for a total value of $1,501,543,485.80. Following the completion of the transaction, the insider now directly owns 331,487,357 shares of the company's stock, valued at $9,579,984,617.30. The disclosure for this sale can be found here. In the last ninety days, insiders sold 100,085,652 shares of company stock valued at $2,892,832,080. 0.81% of the stock is currently owned by corporate insiders.

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.