Trade Report: Today, Jefferies Group Analysts Give Dr Pepper Snapple Group Inc. (DPS) a $95.00 Price Target

Today, Jefferies Group Analysts Give Dr Pepper Snapple Group Inc. (DPS) a $95.00 Price Target

Jefferies Group set a $95.00 price objective on Dr Pepper Snapple Group Inc. (NYSE:DPS) in a report released on Wednesday. The brokerage currently has a hold rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Zacks Investment Research upgraded 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 report on Tuesday, September 20th. Credit Suisse Group AG set a $108.00 price target on shares of Dr Pepper Snapple Group and gave the company a buy rating in a report on Tuesday, October 4th. Stifel Nicolaus reiterated a buy rating and set a $102.00 price target on shares of Dr Pepper Snapple Group in a report on Wednesday, October 5th. Susquehanna reiterated a hold rating and set a $99.00 price target on shares of Dr Pepper Snapple Group in a report on Tuesday, July 26th. Finally, Evercore ISI cut shares of Dr Pepper Snapple Group from a buy rating to a hold rating in a report on Tuesday, October 4th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company. Dr Pepper Snapple Group presently has an average rating of Hold and a consensus price target of $96.90.

Shares of Dr Pepper Snapple Group (NYSE:DPS) opened at 88.02 on Wednesday. Dr Pepper Snapple Group has a 52 week low of $81.05 and a 52 week high of $98.80. The company’s 50 day moving average price is $86.54 and its 200-day moving average price is $91.98. The firm has a market capitalization of $16.17 billion, a PE ratio of 19.11 and a beta of 0.55.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings data on Thursday, October 27th. The company reported $1.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.11 by $0.06. The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Dr Pepper Snapple Group had a net margin of 13.53% and a return on equity of 38.19%. The business’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.08 earnings per share. On average, equities research analysts expect that Dr Pepper Snapple Group will post $4.42 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 5th. Stockholders of record on Tuesday, December 13th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Friday, December 9th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.41%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 45.99%.

Several hedge funds have recently made changes to their positions in DPS. Cypress Capital Management LLC WY purchased a new stake in shares of Dr Pepper Snapple Group during the second quarter worth about $101,000. New York Life Trust Co. boosted its stake 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 worth $104,000 after buying an additional 146 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Dr Pepper Snapple Group during the second quarter worth about $126,000. Compagnie Lombard Odier SCmA boosted its stake 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 worth $133,000 after buying an additional 916 shares during the period. Finally, FCM Investments TX purchased a new stake in shares of Dr Pepper Snapple Group during the second quarter worth about $135,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Dr Pepper Snapple Group Company Profile

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