Research analysts at Macquarie initiated coverage on shares of Dr Pepper Snapple Group, Inc (NYSE:DPS) in a research report issued on Friday, MarketBeat.com reports. The firm set a “neutral” rating and a $95.00 price target on the stock. Macquarie’s price target indicates a potential upside of 3.78% from the company’s current price.

DPS has been the topic of a number of other reports. Credit Suisse Group set a $107.00 price target on shares of Dr Pepper Snapple Group and gave the company a “buy” rating in a report on Thursday, July 27th. BMO Capital Markets restated a “buy” rating and issued a $105.00 price target on shares of Dr Pepper Snapple Group in a report on Wednesday, September 6th. Jefferies Group LLC restated a “buy” rating and issued a $112.00 price target on shares of Dr Pepper Snapple Group in a report on Tuesday, August 1st. Cowen and Company reaffirmed a “hold” rating and issued a $96.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, July 14th. Finally, BidaskClub lowered shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. Dr Pepper Snapple Group currently has an average rating of “Hold” and a consensus price target of $99.25.

Shares of Dr Pepper Snapple Group (NYSE:DPS) traded down 0.05% on Friday, reaching $91.54. 1,672,944 shares of the company’s stock traded hands. Dr Pepper Snapple Group has a 12-month low of $81.05 and a 12-month high of $99.47. The stock has a 50-day moving average price of $91.22 and a 200-day moving average price of $92.96. The company has a market cap of $16.64 billion, a PE ratio of 21.95 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly earnings results on Thursday, July 27th. The company reported $1.25 earnings per share for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.03). Dr Pepper Snapple Group had a net margin of 11.73% and a return on equity of 38.28%. The firm had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the prior year, the business posted $1.25 earnings per share. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. Equities research analysts anticipate that Dr Pepper Snapple Group will post $4.63 EPS for the current fiscal year.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Achmea Investment Management B.V. grew its stake in shares of Dr Pepper Snapple Group by 14.0% during the 2nd quarter. Achmea Investment Management B.V. now owns 35,599 shares of the company’s stock worth $3,241,000 after purchasing an additional 4,381 shares during the period. Lord Abbett & CO. LLC acquired a new stake in shares of Dr Pepper Snapple Group during the 2nd quarter worth approximately $62,000,000. Sentry Investment Management LLC grew its stake in shares of Dr Pepper Snapple Group by 1.1% during the 2nd quarter. Sentry Investment Management LLC now owns 14,326 shares of the company’s stock worth $1,305,000 after purchasing an additional 151 shares during the period. Toronto Dominion Bank grew its stake in shares of Dr Pepper Snapple Group by 25.2% during the 2nd quarter. Toronto Dominion Bank now owns 63,828 shares of the company’s stock worth $5,815,000 after purchasing an additional 12,848 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of Dr Pepper Snapple Group by 44.5% during the 2nd quarter. Cetera Investment Advisers now owns 4,743 shares of the company’s stock worth $433,000 after purchasing an additional 1,461 shares during the period. 90.36% of the stock is currently owned by institutional investors and hedge funds.

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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