Dr Pepper Snapple Group Director Unloads $268,150 in Stock (DPS)
Dr Pepper Snapple Group (NYSE:DPS) Director Pamela H. Patsley unloaded 5,000 shares of Dr Pepper Snapple Group stock on the open market in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $53.63, for a total value of $268,150.00. Following the transaction, the director now directly owns 11,455 shares of the company’s stock, valued at approximately $614,332. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on DPS shares. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Dr Pepper Snapple Group in a research note on Thursday. They now have a $58.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Dr Pepper Snapple Group in a research note on Thursday. They now have a $61.00 price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Dr Pepper Snapple Group in a research note on Thursday. They now have a $56.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. Dr Pepper Snapple Group has an average rating of “Hold” and a consensus price target of $54.25.
Shares of Dr Pepper Snapple Group (NYSE:DPS) traded up 1.53% on Monday, hitting $54.40. The stock had a trading volume of 197,498 shares. Dr Pepper Snapple Group has a one year low of $43.18 and a one year high of $55.34. The stock has a 50-day moving average of $52.84 and a 200-day moving average of $49.40. The company has a market cap of $10.732 billion and a price-to-earnings ratio of 17.57.
Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.74 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.59 by $0.15. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter last year, the company posted $0.53 earnings per share. Dr Pepper Snapple Group’s revenue was up 1.3% compared to the same quarter last year. Analysts expect that Dr Pepper Snapple Group will post $3.46 EPS for the current fiscal year.
Dr Pepper Snapple Group, Inc (NYSE:DPS) is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico with a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks and mixers.
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