Shares of Dr Pepper Snapple Group Inc. (NYSE:DPS) have earned a consensus rating of “Hold” from the sixteen research firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $99.83.

DPS has been the topic of several recent research reports. BMO Capital Markets reiterated a “buy” rating and issued a $105.00 price target on shares of Dr Pepper Snapple Group in a report on Friday, October 27th. Royal Bank of Canada reiterated a “hold” rating and issued a $91.00 price target on shares of Dr Pepper Snapple Group in a report on Wednesday, October 25th. Susquehanna Bancshares set a $89.00 price target on Dr Pepper Snapple Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Morgan Stanley cut their price target on Dr Pepper Snapple Group from $104.00 to $96.00 and set an “overweight” rating on the stock in a report on Thursday, October 26th. Finally, Stifel Nicolaus cut their price target on Dr Pepper Snapple Group from $114.00 to $106.00 and set a “buy” rating on the stock in a report on Thursday, October 26th.

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of Dr Pepper Snapple Group by 2.9% in the second quarter. Vanguard Group Inc. now owns 18,408,234 shares of the company’s stock valued at $1,677,174,000 after purchasing an additional 510,155 shares in the last quarter. BlackRock Inc. lifted its holdings in shares of Dr Pepper Snapple Group by 4.9% in the second quarter. BlackRock Inc. now owns 17,172,007 shares of the company’s stock valued at $1,564,543,000 after purchasing an additional 802,560 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Dr Pepper Snapple Group by 1.4% in the third quarter. JPMorgan Chase & Co. now owns 8,518,554 shares of the company’s stock valued at $752,699,000 after purchasing an additional 119,413 shares in the last quarter. FMR LLC lifted its holdings in shares of Dr Pepper Snapple Group by 4.7% in the second quarter. FMR LLC now owns 2,984,283 shares of the company’s stock valued at $271,898,000 after purchasing an additional 134,256 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of Dr Pepper Snapple Group by 0.7% in the second quarter. Wells Fargo & Company MN now owns 2,259,175 shares of the company’s stock valued at $205,835,000 after purchasing an additional 15,523 shares in the last quarter. Institutional investors own 91.27% of the company’s stock.

Shares of Dr Pepper Snapple Group (NYSE DPS) traded up $0.18 during trading on Thursday, hitting $93.76. The company had a trading volume of 1,201,200 shares, compared to its average volume of 1,186,633. Dr Pepper Snapple Group has a 52 week low of $83.23 and a 52 week high of $99.47. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 2.07. The company has a market cap of $16,850.00, a price-to-earnings ratio of 21.40, a price-to-earnings-growth ratio of 2.37 and a beta of 0.59.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.06). The firm 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.17 EPS. analysts predict that Dr Pepper Snapple Group will post 4.54 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Thursday, December 14th will be issued a $0.58 dividend. The ex-dividend date of this dividend is Wednesday, December 13th. This represents a $2.32 dividend on an annualized basis and a dividend yield of 2.47%. Dr Pepper Snapple Group’s dividend payout ratio is presently 58.15%.

ILLEGAL ACTIVITY NOTICE: “Dr Pepper Snapple Group Inc. (DPS) Given Average Rating of “Hold” by Analysts” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2017/12/14/dr-pepper-snapple-group-inc-dps-given-average-rating-of-hold-by-analysts.html.

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)

Receive News & Ratings for Dr Pepper Snapple Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dr Pepper Snapple Group and related companies with MarketBeat.com's FREE daily email newsletter.