Bank of America Corp DE Invests $281.50 Million in Keurig Dr Pepper, Inc $KDP
MarketBeat
Bank of America Corp DE has invested $281.50 million in Keurig Dr Pepper, Inc, acquiring 8.6 million shares and now holding approximately 0.63% of the company. Institutional investors collectively own 93.99% of KDP's outstanding shares. Keurig Dr Pepper reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend, while analysts maintain a "Moderate Buy" rating for the stock.
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