Today: The Dr Pepper Snapple Group Inc. (DPS) Stock Rating Reaffirmed by Susquehanna

The Dr Pepper Snapple Group Inc. (DPS) Stock Rating Reaffirmed by Susquehanna

Dr Pepper Snapple Group Inc. (NYSE:DPS)‘s stock had its “hold” rating reissued by equities research analysts at Susquehanna in a research report issued to clients and investors on Thursday. They presently have a $98.00 price target on the stock. Susquehanna’s target price indicates a potential upside of 11.06% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Goldman Sachs Group Inc. dropped their price objective on Dr Pepper Snapple Group from $90.00 to $89.00 and set a “sell” rating on the stock in a research note on Wednesday, June 29th. Zacks Investment Research downgraded Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research note on Wednesday, June 29th. BMO Capital Markets reissued a “market perform” rating on shares of Dr Pepper Snapple Group in a research note on Friday, July 15th. Citigroup Inc. boosted their price objective on Dr Pepper Snapple Group from $97.00 to $102.00 and gave the company a “neutral” rating in a research note on Thursday, July 28th. Finally, Deutsche Bank AG boosted their price objective on Dr Pepper Snapple Group from $95.00 to $97.00 and gave the company a “hold” rating in a research note on Thursday, July 28th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $97.54.

Shares of Dr Pepper Snapple Group (NYSE:DPS) opened at 88.24 on Thursday. The firm has a 50-day moving average price of $89.14 and a 200-day moving average price of $92.58. Dr Pepper Snapple Group has a 1-year low of $85.32 and a 1-year high of $98.80. The company has a market capitalization of $16.22 billion, a PE ratio of 19.16 and a beta of 0.36.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings results on Thursday, October 27th. The company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.06. Dr Pepper Snapple Group had a return on equity of 38.19% and a net margin of 13.53%. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the company posted $1.08 EPS. The business’s revenue was up 3.1% on a year-over-year basis. Equities analysts anticipate that Dr Pepper Snapple Group will post $4.41 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 5th. Stockholders of record on Tuesday, September 13th were paid a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.40%. The ex-dividend date was Friday, September 9th. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 45.99%.

In other news, insider David Thomas sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $97.20, for a total value of $194,400.00. Following the completion of the transaction, the insider now directly owns 40,000 shares of the company’s stock, valued at $3,888,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.62% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in the stock. Alambic Investment Management L.P. raised its position in Dr Pepper Snapple Group by 164.7% in the third quarter. Alambic Investment Management L.P. now owns 19,850 shares of the company’s stock valued at $1,813,000 after buying an additional 12,350 shares in the last quarter. Synovus Financial Corp raised its position in Dr Pepper Snapple Group by 12.8% in the third quarter. Synovus Financial Corp now owns 3,572 shares of the company’s stock valued at $329,000 after buying an additional 404 shares in the last quarter. World Asset Management Inc raised its position in Dr Pepper Snapple Group by 1.8% in the third quarter. World Asset Management Inc now owns 19,007 shares of the company’s stock valued at $1,736,000 after buying an additional 329 shares in the last quarter. Rothschild Asset Management Inc. raised its position in Dr Pepper Snapple Group by 51.6% in the third quarter. Rothschild Asset Management Inc. now owns 7,922 shares of the company’s stock valued at $723,000 after buying an additional 2,696 shares in the last quarter. Finally, Financial Architects Inc raised its position in Dr Pepper Snapple Group by 2.0% in the third quarter. Financial Architects Inc now owns 3,075 shares of the company’s stock valued at $281,000 after buying an additional 59 shares in the last quarter. 92.17% of the stock is owned by institutional investors.

Dr Pepper Snapple Group Company Profile

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