Core Viewpoint - Keurig Dr Pepper Inc. (KDP) is positioned in a competitive beverage market with a price target of $32 set by Jefferies, indicating an 11.93% potential upside from its current price of $28.59 [1][6] Group 1: Stock Performance - KDP's stock is currently priced at $28.59, down 2.19% today, with a trading range between $28.46 and $29.46 [4] - Over the past year, KDP's stock has fluctuated between a high of $36.12 and a low of $25.03, indicating volatility [4] - The company's market capitalization is approximately $38.84 billion, with a trading volume of 17.51 million shares [5] Group 2: Investor Activity - Cullen Capital Management LLC reduced its holdings in KDP by 16.7%, selling 299,376 shares, leaving them with 1,498,536 shares valued at about $49.5 million [2] - Norges Bank acquired a new stake in KDP worth around $568.5 million, reflecting confidence in the company's future [3] - Vanguard Group Inc. increased its holdings by 9.8% in the second quarter, now owning 159.3 million shares valued at $5.27 billion after purchasing an additional 14.2 million shares [3]
Keurig Dr Pepper Inc. (NASDAQ: KDP) Stock Analysis and Investor Moves