Keurig Dr Pepper, Inc $KDP Shares Purchased by Tobam

Tobam significantly increased its stake in Keurig Dr Pepper (NASDAQ:KDP) by 82.6% in the third quarter, now owning 160,589 shares worth over $4 million. Other institutional investors like Bank of New York Mellon Corp and Candriam S.C.A. also adjusted their positions, with institutions collectively owning 93.99% of the stock. Analyst ratings currently indicate a “Moderate Buy” with a consensus target price of $34.87 for KDP shares.

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