From MarketBeat:

ICICI Prudential Asset Management Co Ltd sold 33.7% of its stake in Keurig Dr Pepper Inc. (NASDAQ:KDP), bringing the total to 118,122 shares, valued at $3,729,000. A number of hedge funds have also modified their positions in Keurig Dr Pepper. Shares of KDP traded up 0.3% on Friday, reaching $31.89, with a market cap of $44.59 billion. The company reported earnings of $0.48 per share, outpacing the consensus estimate of $0.47 per share. It also announced a quarterly dividend of $0.215, with an annualized dividend yield of 2.70%. The company is forecasted to post a EPS of 1.78 for the fiscal year. Analysts have given KDP an average rating of “Moderate Buy,” with a consensus price target of $37.00. Insider buying and selling includes purchases made by Monique Oxender and Karin Rotem-Wildeman. The company operates as a beverage company, with four segments: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. If interested in hedge funds holdings in KDP, one can visit HoldingsChannel.com.



Read more: ICICI Prudential Asset Management Co Ltd Trims Position in Keurig Dr Pepper Inc. (NASDAQ:KDP)