Brokerages Set Dr Pepper Snapple Group Inc. (DPS) PT at $99.11

Shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) have earned an average rating of “Hold” from the fifteen ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $99.45.

DPS has been the subject of several research reports. Cowen and Company reaffirmed a “hold” rating and set a $96.00 target price on shares of Dr Pepper Snapple Group in a research note on Friday, July 14th. BidaskClub cut Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Jefferies Group LLC reaffirmed a “buy” rating and set a $112.00 target price on shares of Dr Pepper Snapple Group in a research note on Tuesday, August 1st. Stifel Nicolaus decreased their target price on Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating for the company in a research note on Thursday. Finally, UBS AG raised their target price on Dr Pepper Snapple Group from $98.00 to $99.00 and gave the company a “neutral” rating in a research note on Friday, July 28th.

Shares of Dr Pepper Snapple Group (NYSE:DPS) traded down 0.82% during trading on Wednesday, reaching $85.75. 1,469,249 shares of the company’s stock traded hands. The company has a market capitalization of $15.58 billion, a price-to-earnings ratio of 20.56 and a beta of 0.61. Dr Pepper Snapple Group has a 1-year low of $81.05 and a 1-year high of $99.47. The company has a 50 day moving average of $89.23 and a 200-day moving average of $91.40.

Dr Pepper Snapple Group (NYSE:DPS) last announced its earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). Dr Pepper Snapple Group had a net margin of 11.67% and a return on equity of 38.01%. The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the business earned $1.17 EPS. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. Equities analysts predict that Dr Pepper Snapple Group will post $4.52 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Investors of record on Thursday, September 14th were given a $0.58 dividend. The ex-dividend date was Wednesday, September 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.71%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is 58.15%.

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In related news, insider Angela A. Stephens sold 7,700 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of $91.12, for a total value of $701,624.00. Following the completion of the transaction, the insider now owns 6,053 shares in the company, valued at approximately $551,549.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Angela A. Stephens sold 3,160 shares of the stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total value of $292,331.60. Following the completion of the transaction, the insider now owns 16,913 shares of the company’s stock, valued at approximately $1,564,621.63. The disclosure for this sale can be found here. Company insiders own 0.58% of the company’s stock.

Several large investors have recently added to or reduced their stakes in DPS. Gamco Investors INC. ET AL acquired a new position in shares of Dr Pepper Snapple Group in the 2nd quarter valued at $88,794,000. Janus Henderson Group PLC boosted its position in shares of Dr Pepper Snapple Group by 684.7% in the 2nd quarter. Janus Henderson Group PLC now owns 964,536 shares of the company’s stock valued at $87,880,000 after purchasing an additional 841,626 shares during the period. BlackRock Inc. boosted its position in shares of Dr Pepper Snapple Group by 4.9% in the 2nd quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock valued at $1,564,543,000 after purchasing an additional 802,560 shares during the period. Principal Financial Group Inc. boosted its position in shares of Dr Pepper Snapple Group by 195.9% in the 2nd quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock valued at $110,203,000 after purchasing an additional 800,808 shares during the period. Finally, Gabelli Funds LLC acquired a new stake in Dr Pepper Snapple Group during the 2nd quarter worth about $64,750,000. Institutional investors and hedge funds own 90.24% of the company’s stock.

About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

Analyst Recommendations for Dr Pepper Snapple Group (NYSE:DPS)

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