1,600 Shares in Keurig Dr Pepper Inc. (NASDAQ:KDP) Bought by Rothschild Investment LLC

Rothschild Investment LLC purchased a new position in shares of Keurig Dr Pepper Inc. (NASDAQ:KDP) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,600 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in shares of Keurig Dr Pepper in the fourth quarter valued at $3,616,000. Benjamin F. Edwards & Company Inc. bought a new position in Keurig Dr Pepper in the 4th quarter valued at about $55,000. Private Advisor Group LLC boosted its stake in Keurig Dr Pepper by 80.0% during the 4th quarter. Private Advisor Group LLC now owns 16,090 shares of the company’s stock valued at $536,000 after purchasing an additional 7,149 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in Keurig Dr Pepper by 149.1% during the 4th quarter. Apollon Wealth Management LLC now owns 16,662 shares of the company’s stock worth $555,000 after purchasing an additional 9,972 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Keurig Dr Pepper by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,421,067 shares of the company’s stock worth $180,630,000 after purchasing an additional 176,325 shares during the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

Analyst Upgrades and Downgrades

KDP has been the topic of several analyst reports. UBS Group lifted their target price on Keurig Dr Pepper from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, June 10th. JPMorgan Chase & Co. lowered their target price on shares of Keurig Dr Pepper from $37.00 to $36.00 and set an “overweight” rating for the company in a report on Wednesday, July 10th. BNP Paribas began coverage on shares of Keurig Dr Pepper in a research report on Monday, June 24th. They issued a “neutral” rating and a $36.00 price objective for the company. Barclays dropped their target price on shares of Keurig Dr Pepper from $38.00 to $37.00 and set an “overweight” rating on the stock in a research report on Friday, July 19th. Finally, Wells Fargo & Company upped their target price on Keurig Dr Pepper from $39.00 to $41.00 and gave the company an “overweight” rating in a report on Wednesday, June 5th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $36.50.

Keurig Dr Pepper Price Performance

Shares of NASDAQ:KDP opened at $36.97 on Friday. The firm has a market capitalization of $50.12 billion, a PE ratio of 23.85, a P/E/G ratio of 2.75 and a beta of 0.62. The company has a quick ratio of 0.34, a current ratio of 0.51 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average price of $34.33 and a two-hundred day moving average price of $32.89. Keurig Dr Pepper Inc. has a twelve month low of $27.66 and a twelve month high of $37.58.

Keurig Dr Pepper (NASDAQ:KDP) last released its quarterly earnings data on Thursday, July 25th. The company reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. Keurig Dr Pepper had a net margin of 14.47% and a return on equity of 10.32%. The company had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.91 billion. During the same period last year, the firm earned $0.42 EPS. Keurig Dr Pepper’s revenue for the quarter was up 3.5% on a year-over-year basis. Equities analysts forecast that Keurig Dr Pepper Inc. will post 1.92 EPS for the current year.

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.