Dr Pepper Snapple Group Inc. (NYSE:DPS) has been assigned a $108.00 target price by stock analysts at Credit Suisse Group AG in a report issued on Tuesday. The firm currently has a a “buy” rating on the stock. Credit Suisse Group AG’s target price points to a potential upside of 24.34% from the company’s current price.

A number of other brokerages have also weighed in on DPS. Citigroup Inc. upped their target price on shares of Dr Pepper Snapple Group from $97.00 to $102.00 and gave the stock a “neutral” rating in a research note on Thursday, July 28th. Zacks Investment Research cut shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Wednesday, June 29th. BMO Capital Markets reissued a “market perform” rating on shares of Dr Pepper Snapple Group in a research report on Friday, July 15th. Goldman Sachs Group Inc. reissued a “sell” rating and set a $95.00 price target (up from $89.00) on shares of Dr Pepper Snapple Group in a research report on Friday, July 15th. Finally, Susquehanna reissued a “hold” rating on shares of Dr Pepper Snapple Group in a research report on Wednesday, September 7th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $96.25.

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

Dr Pepper Snapple Group (NYSE:DPS) traded up 0.41% during midday trading on Tuesday, reaching $87.22. The company had a trading volume of 1,152,137 shares. The firm has a market capitalization of $16.17 billion, a P/E ratio of 19.97 and a beta of 0.36. Dr Pepper Snapple Group has a one year low of $81.84 and a one year high of $98.80. The stock’s 50 day moving average price is $92.26 and its 200-day moving average price is $92.97.

Dr Pepper Snapple Group (NYSE:DPS) last announced its earnings results on Wednesday, July 27th. The company reported $1.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.05. The firm earned $1.70 billion during the quarter, compared to analyst estimates of $1.68 billion. Dr Pepper Snapple Group had a net margin of 13.04% and a return on equity of 37.43%. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.13 EPS. On average, equities research analysts anticipate that Dr Pepper Snapple Group will post $4.37 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 5th. Shareholders of record on Tuesday, September 13th will be given a dividend of $0.53 per share. The ex-dividend date is Friday, September 9th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.44%. Dr Pepper Snapple Group’s payout ratio is presently 48.51%.

In related news, insider Martin M. Ellen sold 15,462 shares of the stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $96.63, for a total transaction of $1,494,093.06. Following the sale, the insider now owns 5,462 shares in the company, valued at approximately $527,793.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David Thomas sold 2,000 shares of the stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $97.20, for a total transaction of $194,400.00. Following the sale, the insider now owns 40,000 shares in the company, valued at approximately $3,888,000. The disclosure for this sale can be found here. Corporate insiders own 0.62% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Cypress Capital Management LLC WY purchased a new stake in Dr Pepper Snapple Group during the second quarter valued at about $101,000. Fuller & Thaler Asset Management Inc. purchased a new stake in Dr Pepper Snapple Group during the second quarter valued at about $126,000. Compagnie Lombard Odier SCmA raised its stake in 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 in the last quarter. FCM Investments TX purchased a new stake in Dr Pepper Snapple Group during the second quarter valued at about $135,000. Finally, Huntington National Bank raised its stake in Dr Pepper Snapple Group by 5.6% in the second quarter. Huntington National Bank now owns 1,428 shares of the company’s stock valued at $138,000 after buying an additional 76 shares in the last quarter. Institutional investors and hedge funds own 92.41% of the company’s stock.

About Dr Pepper Snapple Group

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

5 Day Chart for NYSE:DPS

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