Dr Pepper Snapple Group, Inc (NYSE:DPS) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Thursday.

Several other research analysts have also commented on the company. Jefferies Group LLC reiterated a “buy” rating and set a $112.00 price target on shares of Dr Pepper Snapple Group in a report on Tuesday, August 1st. UBS AG lifted their price target on Dr Pepper Snapple Group from $98.00 to $99.00 and gave the stock a “neutral” rating in a report on Friday, July 28th. Credit Suisse Group set a $107.00 price target on Dr Pepper Snapple Group and gave the stock a “buy” rating in a report on Thursday, July 27th. Susquehanna Bancshares Inc set a $96.00 price target on Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Thursday, July 27th. Finally, Cowen and Company reiterated a “hold” rating and set a $96.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, July 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $99.64.

Dr Pepper Snapple Group (NYSE DPS) traded down 0.70% on Thursday, reaching $91.08. 1,226,608 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $90.77 and a 200 day moving average price of $93.17. The firm has a market cap of $16.55 billion, a PE ratio of 21.84 and a beta of 0.60. Dr Pepper Snapple Group has a one year low of $81.05 and a one year high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last posted its quarterly earnings results on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $1.77 billion. During the same quarter in the prior year, the firm earned $1.25 EPS. The firm’s revenue was up 6.0% on a year-over-year basis. On average, equities analysts anticipate that Dr Pepper Snapple Group will post $4.63 earnings per share for the current year.

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In other Dr Pepper Snapple Group news, insider Angela A. Stephens sold 3,160 shares of Dr Pepper Snapple Group stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $92.51, for a total value of $292,331.60. Following the completion of the transaction, the insider now directly owns 16,913 shares of the company’s stock, valued at approximately $1,564,621.63. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.58% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. DnB Asset Management AS increased its position in 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 valued at $2,727,000 after buying an additional 5,200 shares in the last quarter. Everence Capital Management Inc. purchased a new position in Dr Pepper Snapple Group during the first quarter valued at $223,000. Nisa Investment Advisors LLC increased its position in 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 valued at $3,057,000 after buying an additional 895 shares in the last quarter. Oakbrook Investments LLC purchased a new position in Dr Pepper Snapple Group during the first quarter valued at $764,000. Finally, Huntington National Bank increased its position in Dr Pepper Snapple Group by 5.4% in the first quarter. Huntington National Bank now owns 1,100 shares of the company’s stock valued at $108,000 after buying an additional 56 shares in the last quarter. 91.54% of the stock is owned by institutional investors.

About Dr Pepper Snapple Group

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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