Quantbot Technologies LP has acquired a new stake of 328,937 shares in Keurig Dr Pepper (KDP) worth approximately $8.39 million during the third quarter. This investment follows Keurig Dr Pepper’s strong Q3 earnings, which surpassed analyst expectations with $0.60 EPS and $4.50 billion in revenue, and the company’s declaration of a $0.23 quarterly dividend. Institutional investors hold a significant portion of KDP stock, and analysts maintain a “Moderate Buy” consensus rating with a target price of $35.40.
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Quantbot Technologies LP Invests $8.39 Million in Keurig Dr Pepper, Inc $KDP
Quantbot Technologies LP has acquired a new stake of 328,937 shares in Keurig Dr Pepper (KDP) worth approximately $8.39 million during the third quarter. This investment follows Keurig Dr Pepper’s strong Q3 earnings, which surpassed analyst expectations with $0.60 EPS and $4.50 billion in revenue, and the company’s declaration of a $0.23 quarterly dividend. Institutional investors hold a significant portion of KDP stock, and analysts maintain a “Moderate Buy” consensus rating with a target price of $35.40.