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Dr Pepper Snapple Group (NYSE:DPS)’s share price hit a new 52-week high during mid-day trading on Monday , AnalystRatingsNetwork reports. The company traded as high as $58.65 and last traded at $58.46, with a volume of 542,738 shares changing hands. The stock had previously closed at $58.52.

Several analysts have recently commented on the stock. Analysts at Jefferies Group initiated coverage on shares of Dr Pepper Snapple Group in a research note on Monday. They set a “hold” rating and a $53.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Dr Pepper Snapple Group in a research note on Thursday, May 22nd. They now have a $60.00 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of Dr Pepper Snapple Group from a “neutral” rating to a “buy” rating in a research note on Monday, April 28th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $54.55.

The stock’s 50-day moving average is $56.36 and its 200-day moving average is $51.63. The company has a market cap of $11.500 billion and a price-to-earnings ratio of 17.61.

Dr Pepper Snapple Group (NYSE:DPS) last announced its 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. On average, analysts predict that Dr Pepper Snapple Group will post $3.47 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, July 3rd. Shareholders of record on Monday, June 16th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.80%. The ex-dividend date is Thursday, June 12th.

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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