Dr Pepper Snapple Group, Inc (NYSE:DPS) – Investment analysts at Jefferies Group lowered their Q4 2017 EPS estimates for shares of Dr Pepper Snapple Group in a research note issued on Wednesday. Jefferies Group analyst K. Grundy now expects that the company will post earnings of $1.20 per share for the quarter, down from their prior forecast of $1.23. Jefferies Group currently has a “Buy” rating and a $112.00 target price on the stock.

DPS has been the subject of a number of other research reports. Credit Suisse Group set a $107.00 price target on shares of Dr Pepper Snapple Group and gave the stock a “buy” rating in a report on Thursday, July 27th. BMO Capital Markets reaffirmed a “buy” rating and issued a $105.00 price target on shares of Dr Pepper Snapple Group in a report on Wednesday, September 6th. Cowen and Company reaffirmed a “hold” rating and issued a $96.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, July 14th. BidaskClub cut shares of Dr Pepper Snapple Group from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, Susquehanna Bancshares Inc set a $96.00 price target on shares of Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $99.25.

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Shares of Dr Pepper Snapple Group (DPS) opened at 88.74 on Monday. Dr Pepper Snapple Group has a 52-week low of $81.05 and a 52-week high of $99.47. The firm has a 50-day moving average of $91.26 and a 200-day moving average of $92.90. The company has a market cap of $16.13 billion, a P/E ratio of 21.28 and a beta of 0.61.

Dr Pepper Snapple Group (NYSE:DPS) last posted its earnings results on Thursday, July 27th. The company reported $1.25 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.77 billion. During the same period last year, the firm posted $1.25 EPS. The company’s revenue for the quarter was up 6.0% on a year-over-year basis.

Hedge funds have recently added to or reduced their stakes in the stock. Acrospire Investment Management LLC grew its position in Dr Pepper Snapple Group by 100.0% during the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the company’s stock valued at $109,000 after buying an additional 600 shares during the period. Parallel Advisors LLC grew its position in Dr Pepper Snapple Group by 34.9% during the second quarter. Parallel Advisors LLC now owns 1,211 shares of the company’s stock valued at $110,000 after buying an additional 313 shares during the period. Meeder Asset Management Inc. acquired a new stake in Dr Pepper Snapple Group during the first quarter valued at $113,000. Financial Architects Inc grew its position in Dr Pepper Snapple Group by 4.8% during the second quarter. Financial Architects Inc now owns 1,322 shares of the company’s stock valued at $121,000 after buying an additional 61 shares during the period. Finally, Sun Life Financial INC grew its position in Dr Pepper Snapple Group by 13,360.0% during the second quarter. Sun Life Financial INC now owns 1,346 shares of the company’s stock valued at $123,000 after buying an additional 1,336 shares during the period. Institutional investors own 89.98% of the company’s stock.

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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Thursday, September 14th will be issued a dividend of $0.58 per share. The ex-dividend date of this dividend is Wednesday, September 13th. This represents a $2.32 annualized dividend and a dividend yield of 2.61%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 55.64%.

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.

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

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