Keurig Dr Pepper Inc. (NASDAQ:KDP – Get Rating) insider Anthony Shoemaker purchased 5,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 17th. The stock was acquired at an average price of $35.60 per share, for a total transaction of $195,800.00. Following the completion of the purchase, the insider now directly owns 53,500 shares of the company’s stock, valued at approximately $1,904,600. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of Keurig Dr Pepper stock opened at $34.52 on Thursday. The company has a market capitalization of $48.97 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 3.21 and a beta of 0.63. The company has a quick ratio of 0.38, a current ratio of 0.54 and a debt-to-equity ratio of 0.45. Keurig Dr Pepper Inc. has a 12-month low of $32.44 and a 12-month high of $39.35. The firm’s 50-day moving average price is $37.36 and its two-hundred day moving average price is $37.03.
Keurig Dr Pepper (NASDAQ:KDP – Get Rating) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.33 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.33. The firm had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.01 billion. Keurig Dr Pepper had a net margin of 18.71% and a return on equity of 9.22%. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 earnings per share. On average, sell-side analysts expect that Keurig Dr Pepper Inc. will post 1.69 earnings per share for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Glenmede Trust Co. NA boosted its stake in shares of Keurig Dr Pepper by 2.4% in the 4th quarter. Glenmede Trust Co. NA now owns 11,634 shares of the company’s stock valued at $428,000 after purchasing an additional 271 shares in the last quarter. Unison Advisors LLC boosted its stake in shares of Keurig Dr Pepper by 0.5% in the 1st quarter. Unison Advisors LLC now owns 56,622 shares of the company’s stock valued at $2,157,000 after purchasing an additional 284 shares in the last quarter. Strategic Investment Advisors MI boosted its stake in shares of Keurig Dr Pepper by 1.4% in the 4th quarter. Strategic Investment Advisors MI now owns 21,583 shares of the company’s stock valued at $796,000 after purchasing an additional 295 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in shares of Keurig Dr Pepper by 1.1% in the 4th quarter. Allianz Asset Management GmbH now owns 30,327 shares of the company’s stock valued at $1,118,000 after purchasing an additional 327 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its holdings in Keurig Dr Pepper by 1.0% in the 4th quarter. Cullen Frost Bankers Inc. now owns 35,002 shares of the company’s stock valued at $1,290,000 after buying an additional 340 shares during the last quarter. Institutional investors own 50.58% of the company’s stock.
Keurig Dr Pepper Company Profile (Get Rating)
Keurig Dr Pepper Inc operates as a beverage company in the United States and internationally. It operates through Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages segments. The Coffee Systems segment manufactures and distributes various finished goods related to its coffee systems, K-Cup pods, and brewers, as well as specialty coffee.
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