Dr Pepper Snapple Group, Inc (NYSE:DPS) – Stock analysts at Gabelli lowered their FY2021 earnings per share (EPS) estimates for shares of Dr Pepper Snapple Group in a research note issued to investors on Thursday. Gabelli analyst D. Witkowski now anticipates that the company will earn $6.25 per share for the year, down from their prior estimate of $6.90.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The business had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.77 billion. Dr Pepper Snapple Group had a return on equity of 37.53% and a net margin of 11.06%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.17 earnings per share. ILLEGAL ACTIVITY WARNING: “Gabelli Comments on Dr Pepper Snapple Group, Inc’s FY2021 Earnings (DPS)” was originally published by American Banking News and is the property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and republished in violation of international copyright legislation. The correct version of this report can be read at https://www.americanbankingnews.com/2017/10/30/gabelli-comments-on-dr-pepper-snapple-group-incs-fy2021-earnings-dps.html.

Several other analysts also recently weighed in on DPS. Jefferies Group LLC restated a “buy” rating and issued a $112.00 price objective on shares of Dr Pepper Snapple Group in a report on Thursday, July 6th. BMO Capital Markets restated a “buy” rating and issued a $105.00 price objective on shares of Dr Pepper Snapple Group in a report on Wednesday, July 12th. Cowen and Company restated a “hold” rating and issued a $96.00 price objective on shares of Dr Pepper Snapple Group in a report on Friday, July 14th. Susquehanna Bancshares Inc set a $96.00 price objective on Dr Pepper Snapple Group and gave the company a “hold” rating in a report on Thursday, July 27th. Finally, Credit Suisse Group set a $107.00 price objective on Dr Pepper Snapple Group and gave the company a “buy” rating in a report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $99.45.

Shares of Dr Pepper Snapple Group (NYSE DPS) traded down 0.43% on Monday, hitting $85.38. 284,867 shares of the company traded hands. The firm has a market capitalization of $15.52 billion, a P/E ratio of 20.47 and a beta of 0.61. Dr Pepper Snapple Group has a 1-year low of $81.05 and a 1-year high of $99.47. The firm’s 50-day moving average is $89.23 and its 200 day moving average is $91.40.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Private Bank & Trust Co. increased its holdings in shares of Dr Pepper Snapple Group by 1.0% during the second quarter. Private Bank & Trust Co. now owns 3,184 shares of the company’s stock valued at $290,000 after acquiring an additional 30 shares in the last quarter. Greenwood Capital Associates LLC increased its holdings in shares of Dr Pepper Snapple Group by 1.4% during the second quarter. Greenwood Capital Associates LLC now owns 3,534 shares of the company’s stock valued at $322,000 after acquiring an additional 49 shares in the last quarter. Hendley & Co. Inc. increased its holdings in shares of Dr Pepper Snapple Group by 0.3% during the first quarter. Hendley & Co. Inc. now owns 16,800 shares of the company’s stock valued at $1,645,000 after acquiring an additional 50 shares in the last quarter. Argent Trust Co increased its holdings in shares of Dr Pepper Snapple Group by 1.1% during the second quarter. Argent Trust Co now owns 5,048 shares of the company’s stock valued at $460,000 after acquiring an additional 55 shares in the last quarter. Finally, Financial Architects Inc increased its holdings in shares of 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 acquiring an additional 61 shares in the last quarter. Hedge funds and other institutional investors own 90.11% of the company’s stock.

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

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 5th. Stockholders of record on Thursday, September 14th were issued a dividend of $0.58 per share. The ex-dividend date of this dividend was Wednesday, September 13th. This represents a $2.32 annualized dividend and a dividend yield of 2.71%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is currently 58.15%.

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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