Dr Pepper Snapple Group Inc. (NYSE:DPS) – Equities research analysts at Jefferies Group dropped their Q1 2017 earnings estimates for Dr Pepper Snapple Group in a report issued on Tuesday. Jefferies Group analyst K. Grundy now anticipates that the company will earn $1.00 per share for the quarter, down from their prior estimate of $1.01. Jefferies Group has a “Buy” rating and a $116.00 price objective on the stock. Jefferies Group also issued estimates for Dr Pepper Snapple Group’s Q2 2017 earnings at $1.33 EPS and Q4 2017 earnings at $1.11 EPS.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings data on Tuesday, February 14th. The company reported $1.04 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by $0.02. The firm earned $1.58 billion during the quarter, compared to analyst estimates of $1.57 billion. Dr Pepper Snapple Group had a net margin of 13.53% and a return on equity of 38.19%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.00 EPS. COPYRIGHT VIOLATION WARNING: This news story was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The original version of this news story can be read at https://www.americanbankingnews.com/2017/04/20/q1-2017-eps-estimates-for-dr-pepper-snapple-group-inc-reduced-by-analyst-dps.html.

Earnings History and Estimates for Dr Pepper Snapple Group (NYSE:DPS)

Several other research firms have also issued reports on DPS. Credit Suisse Group AG initiated coverage on Dr Pepper Snapple Group in a research report on Wednesday, February 8th. They issued an “outperform” rating and a $105.00 price target on the stock. Zacks Investment Research lowered Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Monday, February 6th. Barclays PLC initiated coverage on Dr Pepper Snapple Group in a research report on Monday, January 9th. They issued an “equal weight” rating and a $87.00 price target on the stock. Royal Bank of Canada set a $91.00 price target on Dr Pepper Snapple Group and gave the stock a “hold” rating in a research report on Monday, January 2nd. Finally, Goldman Sachs Group Inc upgraded Dr Pepper Snapple Group from a “sell” rating to a “neutral” rating in a research report on Monday, January 9th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $97.33.

This article was originally published by and is the sole property of American Banking News. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of U.S. and International copyright law. The original version of this story can be read at https://www.americanbankingnews.com/2017/04/20/q1-2017-eps-estimates-for-dr-pepper-snapple-group-inc-reduced-by-analyst-dps.html

Shares of Dr Pepper Snapple Group (NYSE:DPS) opened at 98.42 on Thursday. Dr Pepper Snapple Group has a one year low of $81.05 and a one year high of $99.47. The stock has a 50 day moving average price of $96.33 and a 200 day moving average price of $91.07. The firm has a market cap of $18.02 billion, a price-to-earnings ratio of 21.68 and a beta of 0.55.

Several hedge funds have recently modified their holdings of the stock. Nisa Investment Advisors LLC raised its stake in shares of Dr Pepper Snapple Group by 3.0% in the first quarter. Nisa Investment Advisors LLC now owns 31,221 shares of the company’s stock worth $3,057,000 after buying an additional 895 shares during the period. Everence Capital Management Inc. purchased a new stake in shares of Dr Pepper Snapple Group during the first quarter worth approximately $223,000. DnB Asset Management AS raised its stake in shares of Dr Pepper Snapple Group by 23.0% in the first quarter. DnB Asset Management AS now owns 27,847 shares of the company’s stock worth $2,727,000 after buying an additional 5,200 shares during the period. Howe & Rusling Inc. raised its stake in shares of Dr Pepper Snapple Group by 6.8% in the first quarter. Howe & Rusling Inc. now owns 69,678 shares of the company’s stock worth $6,823,000 after buying an additional 4,442 shares during the period. Finally, BLB&B Advisors LLC purchased a new stake in shares of Dr Pepper Snapple Group during the first quarter worth approximately $215,000. Institutional investors own 90.18% of the company’s stock.

In other Dr Pepper Snapple Group news, insider David Thomas sold 5,695 shares of Dr Pepper Snapple Group stock in a transaction dated Wednesday, March 15th. The stock was sold at an average price of $96.27, for a total transaction of $548,257.65. Following the transaction, the insider now directly owns 36,000 shares in the company, valued at $3,465,720. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Larry D. Young sold 195,733 shares of Dr Pepper Snapple Group stock in a transaction dated Wednesday, March 8th. The stock was sold at an average price of $94.36, for a total value of $18,469,365.88. Following the transaction, the chief executive officer now owns 296,974 shares in the company, valued at $28,022,466.64. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 424,466 shares of company stock worth $40,110,735. Corporate insiders own 0.62% of the company’s stock.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 5th. Shareholders of record on Tuesday, March 14th were issued a dividend of $0.58 per share. The ex-dividend date was Friday, March 10th. This is a positive change from Dr Pepper Snapple Group’s previous quarterly dividend of $0.53. This represents a $2.32 annualized dividend and a yield of 2.36%. Dr Pepper Snapple Group’s payout ratio is currently 45.99%.

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.

5 Day Chart for NYSE:DPS

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