Bank of New York Mellon Corp Lowers Stake in Dr Pepper Snapple Group Inc. (DPS)

Bank of New York Mellon Corp decreased its stake in shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) by 41.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 772,519 shares of the company’s stock after selling 549,783 shares during the period. Bank of New York Mellon Corp owned approximately 0.43% of Dr Pepper Snapple Group worth $94,248,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Fort L.P. bought a new position in Dr Pepper Snapple Group in the second quarter valued at $123,000. Regentatlantic Capital LLC bought a new position in Dr Pepper Snapple Group in the second quarter valued at $200,000. Rampart Investment Management Company LLC bought a new position in Dr Pepper Snapple Group in the second quarter valued at $223,000. Paloma Partners Management Co bought a new position in Dr Pepper Snapple Group in the second quarter valued at $235,000. Finally, Daiwa SB Investments Ltd. grew its position in Dr Pepper Snapple Group by 42.1% in the second quarter. Daiwa SB Investments Ltd. now owns 1,990 shares of the company’s stock valued at $243,000 after purchasing an additional 590 shares in the last quarter. 92.67% of the stock is owned by institutional investors.

Dr Pepper Snapple Group stock opened at $123.66 on Friday. Dr Pepper Snapple Group Inc. has a 1-year low of $83.23 and a 1-year high of $126.65.

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About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc manufactures and distributes non-alcoholic beverages in the United States, Mexico and the Caribbean, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, mineral and coconut water, and mixers, as well as manufactures and sells Mott's apple sauces.

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Institutional Ownership by Quarter for Dr Pepper Snapple Group (NYSE:DPS)

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