Bank of America Corp. reaffirmed their sell rating on shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) in a report released on Wednesday morning. They currently have a $85.00 target price on the stock.

Several other research analysts have also weighed in on the stock. Evercore ISI lowered shares of Dr Pepper Snapple Group from a buy rating to a hold rating in a research note on Tuesday. Goldman Sachs Group Inc. reaffirmed a sell rating and set a $95.00 target price (up previously from $89.00) on shares of Dr Pepper Snapple Group in a research note on Friday, July 15th. Zacks Investment Research cut shares of Dr Pepper Snapple Group from a buy rating to a hold rating in a research report on Friday, September 23rd. Wells Fargo & Co. reissued a market perform rating and set a $92.00 price target (up previously from $90.00) on shares of Dr Pepper Snapple Group in a research report on Sunday, July 31st. Finally, Susquehanna reissued a hold rating on shares of Dr Pepper Snapple Group in a research report on Wednesday, September 7th. Two research 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 stock has an average rating of Hold and an average target price of $96.50.

Shares of Dr Pepper Snapple Group (NYSE:DPS) traded up 1.08% on Wednesday, hitting $88.06. 406,492 shares of the stock were exchanged. The company’s 50 day moving average is $92.03 and its 200-day moving average is $92.92. Dr Pepper Snapple Group has a 52-week low of $82.45 and a 52-week high of $98.80. The stock has a market cap of $16.33 billion, a PE ratio of 20.16 and a beta of 0.36.

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 Thomson Reuters’ consensus estimate of $1.20 by $0.05. The company 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%. Dr Pepper Snapple Group’s revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.13 earnings per share. Analysts predict that Dr Pepper Snapple Group will post $4.37 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 5th. Stockholders of record on Tuesday, September 13th were given a dividend of $0.53 per share. The ex-dividend date of this dividend was Friday, September 9th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.43%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 48.51%.

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

Several institutional investors have recently made changes to their positions in the company. Cypress Capital Management LLC WY acquired a new position in shares of Dr Pepper Snapple Group during the second quarter worth about $101,000. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Dr Pepper Snapple Group during the second quarter worth about $126,000. Compagnie Lombard Odier SCmA raised 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 worth $133,000 after buying an additional 916 shares during the period. FCM Investments TX acquired a new position in shares of Dr Pepper Snapple Group during the second quarter worth about $135,000. Finally, Huntington National Bank raised its position in shares of Dr Pepper Snapple Group by 5.6% in the second quarter. Huntington National Bank now owns 1,428 shares of the company’s stock worth $138,000 after buying an additional 76 shares during the period. Institutional investors and hedge funds own 92.41% of the company’s stock.

Dr Pepper Snapple Group Company Profile

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

Receive News & Stock Ratings for Dr Pepper Snapple Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dr Pepper Snapple Group Inc. and related stocks with our FREE daily email newsletter.