Dr Pepper Snapple Group Inc. (NYSE:DPS)‘s stock had its “buy” rating restated by research analysts at Credit Suisse Group AG in a research note issued to investors on Monday.

DPS has been the topic of a number of other research reports. Wells Fargo & Co. reiterated 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 report on Sunday, July 31st. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a report on Tuesday, July 19th. Evercore ISI lowered shares of Dr Pepper Snapple Group from a “buy” rating to a “hold” rating in a report on Tuesday, October 4th. Goldman Sachs Group Inc. dropped their target price on shares of Dr Pepper Snapple Group from $90.00 to $89.00 and set a “sell” rating on the stock in a report on Wednesday, June 29th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $102.00 target price on shares of Dr Pepper Snapple Group in a report on Wednesday, October 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $96.50.

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

Shares of Dr Pepper Snapple Group (NYSE:DPS) traded down 1.12% during trading on Monday, hitting $86.81. The stock had a trading volume of 392,329 shares. The firm has a 50-day moving average of $91.37 and a 200 day moving average of $92.91. The company has a market capitalization of $16.09 billion, a P/E ratio of 19.88 and a beta of 0.36. Dr Pepper Snapple Group has a 1-year low of $82.45 and a 1-year high of $98.80.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.05. The company had revenue of $1.70 billion for 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 in the previous year, the business earned $1.13 earnings per share. Equities research analysts predict that Dr Pepper Snapple Group will post $4.37 earnings per share 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. This represents a $2.12 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend was Friday, September 9th. Dr Pepper Snapple Group’s payout ratio is presently 48.51%.

In other Dr Pepper Snapple Group news, insider Martin M. Ellen sold 15,462 shares of the company’s stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $96.63, for a total value of $1,494,093.06. Following the completion of the sale, the insider now directly owns 5,462 shares of the company’s stock, valued at approximately $527,793.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David Thomas sold 2,000 shares of the company’s stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $97.20, for a total transaction of $194,400.00. Following the completion of the sale, the insider now directly owns 40,000 shares of the company’s stock, valued at $3,888,000. The disclosure for this sale can be found here. Insiders own 0.62% of the company’s stock.

Large investors have recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. increased its position in Dr Pepper Snapple Group by 1.6% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429 shares of the company’s stock worth $235,000 after buying an additional 39 shares in the last quarter. Gerstein Fisher increased its position in Dr Pepper Snapple Group by 1.3% in the second quarter. Gerstein Fisher now owns 3,437 shares of the company’s stock worth $332,000 after buying an additional 45 shares in the last quarter. 1st Global Advisors Inc. increased its position in Dr Pepper Snapple Group by 0.5% in the second quarter. 1st Global Advisors Inc. now owns 12,444 shares of the company’s stock worth $1,202,000 after buying an additional 66 shares in the last quarter. Blair William & Co. IL increased its position in Dr Pepper Snapple Group by 1.9% in the second quarter. Blair William & Co. IL now owns 3,560 shares of the company’s stock worth $344,000 after buying an additional 66 shares in the last quarter. Finally, Cleararc Capital Inc. increased its position in Dr Pepper Snapple Group by 0.8% in the second quarter. Cleararc Capital Inc. now owns 8,784 shares of the company’s stock worth $849,000 after buying an additional 72 shares in the last quarter. 92.41% of the stock is owned by institutional investors and hedge funds.

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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