Keurig Dr Pepper stock is trading -17.62% below its average target price of $35.16 after dropping -1.1% during today's afternoon session. Analysts are giving the Large-Cap Beverages company an average rating of buy and target prices ranging from $27.0 to $41.0 per share.
Keurig Dr Pepper's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.5%. The stock's short ratio is 1.33. The company's insiders own 28.34% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 67.8%. In conclusion, we believe there is positive market sentiment regarding Keurig Dr Pepper.
Institutions Invested in Keurig Dr Pepper
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Capital World Investors | 8% | 108,032,566 | $3,129,163,290 |
| 2023-12-31 | Vanguard Group Inc | 6% | 83,014,973 | $2,404,528,705 |
| 2023-12-31 | Blackrock Inc. | 6% | 80,688,417 | $2,337,140,010 |
| 2023-12-31 | FMR, LLC | 5% | 64,384,970 | $1,864,910,665 |
| 2023-12-31 | Capital International Investors | 4% | 56,060,464 | $1,623,791,348 |
| 2023-12-31 | State Street Corporation | 3% | 43,271,010 | $1,253,344,811 |
| 2023-12-31 | Wellington Management Group, LLP | 3% | 41,850,944 | $1,212,212,599 |
| 2023-12-31 | Geode Capital Management, LLC | 1% | 20,171,821 | $584,276,798 |
| 2023-12-31 | Invesco Ltd. | 1% | 17,437,785 | $505,085,445 |
| 2023-12-31 | JP Morgan Chase & Company | 1% | 16,254,516 | $470,812,058 |
