Dr Pepper Snapple Group, Inc (NYSE:DPS) was upgraded by research analysts at Wells Fargo & Company from a “market perform” rating to an “outperform” rating in a report issued on Monday.

A number of other brokerages have also commented on DPS. Cowen and Company reissued a “hold” rating and set a $96.00 price objective on shares of Dr Pepper Snapple Group in a report on Friday, July 14th. BidaskClub lowered shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Jefferies Group LLC reissued a “buy” rating and set a $112.00 price objective on shares of Dr Pepper Snapple Group in a report on Tuesday, August 1st. UBS AG increased their price objective on shares of Dr Pepper Snapple Group from $98.00 to $99.00 and gave the stock a “neutral” rating in a report on Friday, July 28th. Finally, Zacks Investment Research lowered shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a report on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $99.89.

Shares of Dr Pepper Snapple Group (DPS) opened at 89.03 on Monday. The firm’s 50 day moving average is $89.78 and its 200-day moving average is $91.73. Dr Pepper Snapple Group has a 52-week low of $81.05 and a 52-week high of $99.47. The company has a market capitalization of $16.18 billion, a P/E ratio of 21.35 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings data on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.03). Dr Pepper Snapple Group had a return on equity of 38.28% and a net margin of 11.73%. The company had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same period in the prior year, the company earned $1.25 EPS. The firm’s revenue was up 6.0% compared to the same quarter last year. Equities research analysts anticipate that Dr Pepper Snapple Group will post $4.59 earnings per share for the current fiscal year.

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In related news, insider Angela A. Stephens sold 7,700 shares of the stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $91.12, for a total value of $701,624.00. Following the sale, the insider now directly owns 6,053 shares in the company, valued at approximately $551,549.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Angela A. Stephens sold 3,160 shares of the stock in a transaction that occurred on Wednesday, August 16th. The shares were sold at an average price of $92.51, for a total transaction of $292,331.60. Following the completion of the sale, the insider now owns 16,913 shares in the company, valued at $1,564,621.63. The disclosure for this sale can be found here. Corporate insiders own 0.58% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Chilton Investment Co. LLC acquired a new stake in shares of Dr Pepper Snapple Group in the 2nd quarter valued at approximately $21,943,000. Principal Financial Group Inc. raised its position in shares of Dr Pepper Snapple Group by 195.9% in the 2nd quarter. Principal Financial Group Inc. now owns 1,209,566 shares of the company’s stock valued at $110,203,000 after acquiring an additional 800,808 shares during the period. Wells Fargo & Company MN raised its position in shares of Dr Pepper Snapple Group by 0.7% in the 2nd quarter. Wells Fargo & Company MN now owns 2,259,175 shares of the company’s stock valued at $205,835,000 after acquiring an additional 15,523 shares during the period. AJO LP raised its position in shares of Dr Pepper Snapple Group by 57.0% in the 2nd quarter. AJO LP now owns 864,974 shares of the company’s stock valued at $78,808,000 after acquiring an additional 314,125 shares during the period. Finally, Jennison Associates LLC raised its position in shares of Dr Pepper Snapple Group by 67.1% in the 2nd quarter. Jennison Associates LLC now owns 14,218 shares of the company’s stock valued at $1,295,000 after acquiring an additional 5,709 shares during the period. Institutional investors and hedge funds own 89.96% of the company’s stock.

Dr Pepper Snapple Group Company Profile

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

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

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