Trading Report: Today, Q4 2016 EPS Estimates for Dr Pepper Snapple Group Inc. Reduced by Analyst (DPS)

Today, Q4 2016 EPS Estimates for Dr Pepper Snapple Group Inc. Reduced by Analyst (DPS)

Dr Pepper Snapple Group Inc. (NYSE:DPS) – Stock analysts at Jefferies Group dropped their Q4 2016 earnings per share estimates for Dr Pepper Snapple Group in a research report issued to clients and investors on Tuesday. Jefferies Group analyst K. Grundy now expects that the brokerage will post earnings per share of $1.06 for the quarter, down from their prior forecast of $1.07. Jefferies Group has a “Hold” rating and a $95.00 price target on the stock. Jefferies Group also issued estimates for Dr Pepper Snapple Group’s FY2017 earnings at $4.73 EPS and FY2018 earnings at $5.13 EPS.

Other equities research analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $102.00 price objective on the stock in a research report on Tuesday, September 20th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $102.00 target price on shares of Dr Pepper Snapple Group in a research report on Wednesday, October 5th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Dr Pepper Snapple Group in a research report on Monday, October 10th. Susquehanna reaffirmed a “hold” rating and issued a $98.00 target price on shares of Dr Pepper Snapple Group in a research report on Thursday, October 27th. Finally, Evercore ISI downgraded shares of Dr Pepper Snapple Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 4th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $96.90.

Dr Pepper Snapple Group (NYSE:DPS) opened at 88.02 on Thursday. The firm has a 50 day moving average of $86.54 and a 200-day moving average of $91.98. Dr Pepper Snapple Group has a 12 month low of $81.05 and a 12 month high of $98.80. The firm has a market cap of $16.17 billion, a P/E ratio of 19.11 and a beta of 0.55.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 5th. Shareholders of record on Tuesday, December 13th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Friday, December 9th. Dr Pepper Snapple Group’s payout ratio is currently 45.99%.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Cypress Capital Management LLC WY acquired a new position in shares of Dr Pepper Snapple Group during the second quarter valued at about $101,000. New York Life Trust Co. increased its position in shares of Dr Pepper Snapple Group by 14.7% in the third quarter. New York Life Trust Co. now owns 1,139 shares of the company’s stock valued at $104,000 after buying an additional 146 shares during the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Dr Pepper Snapple Group during the second quarter valued at about $126,000. Compagnie Lombard Odier SCmA increased its position in shares of Dr Pepper Snapple Group by 203.1% in the second quarter. Compagnie Lombard Odier SCmA now owns 1,367 shares of the company’s stock valued at $133,000 after buying an additional 916 shares during the last quarter. Finally, FCM Investments TX acquired a new position in shares of Dr Pepper Snapple Group during the second quarter valued at about $135,000. 92.55% of the stock is currently owned by institutional investors.

Dr Pepper Snapple Group Company Profile

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