Barrow Hanley Mewhinney & Strauss Adds $20M in Keurig Dr Pepper Inc. ($KDP)
Key Points
- Barrow Hanley Mewhinney & Strauss changed its Keurig Dr Pepper Inc. ($KDP) stake by 2.9% last quarter, boosting to 21,871,212 shares worth $693.54 million.
- Wall Street's consensus rating on $KDP is Buy and an average price target of $33.53.
- $KDP last traded around $31.71.
Barrow Hanley Mewhinney & Strauss increased its position in Keurig Dr Pepper Inc. ($KDP) by 2.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,871,212 shares of Keurig Dr Pepper Inc. after buying 623,727 shares during the quarter. Barrow Hanley Mewhinney & Strauss's holdings in Keurig Dr Pepper Inc. were worth $693.54 million as of its most recent filing.
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About Keurig Dr Pepper Inc.
Keurig Dr Pepper Inc. owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. The company operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. It manufactures and distributes branded concentrates, syrup, and finished beverages, as well as sales of owned brands and third-party brands; tea, cocoa, and other products; and offers finished goods relating to K-Cup pods, single serve brewers, specialty coffee, and ready to drink coffee products. The company offers its products under the Dr Pepper, Canada Dry, Mott's, A&W, Peñafiel, GHOST, Snapple, 7UP, Green Mountain Coffee Roasters, Clamato, Core Hydration, The Original Donut Shop, Sunkist soda, Squirt, C4 Energy, Hawaiian Punch, Electrolit, Bloom, Bai, Evian, Yoo-Hoo, Vita Coco, Big Red, RC Cola, Crush, McCafé, Tim Hortons, Van Houtte, Celestial Seasonings, Bigelow, Starbucks, Dunkin', Folgers, Peet's, 7up Energy, and Swiss Miss brands, as well as other partner and private label brands. It markets and sells its products to supermarkets, mass merchandisers, club stores, e-commerce retailers, office superstores, vending machines, fountains, grocery and drug stores, convenience stores, and other small outlets; and directly to consumers through Keurig.com website. Keurig Dr Pepper Inc. was founded in 1981 and is headquartered in Frisco, Texas.
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