Dr Pepper Snapple Group, Inc (DPS) Receives Average Recommendation of “Hold” from Analysts

Dr Pepper Snapple Group, Inc (NYSE:DPS) has been given a consensus recommendation of “Hold” by the fifteen ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $98.73.

Several equities analysts have recently weighed in on DPS shares. Jefferies Group LLC raised shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and increased their price objective for the company from $98.00 to $115.00 in a research report on Friday, March 3rd. Zacks Investment Research raised shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Tuesday, March 7th. Royal Bank Of Canada reissued a “hold” rating and issued a $91.00 price objective on shares of Dr Pepper Snapple Group in a research report on Monday, May 15th. Barclays PLC reissued a “hold” rating and issued a $99.00 price objective on shares of Dr Pepper Snapple Group in a research report on Friday, April 28th. Finally, Susquehanna Bancshares Inc set a $92.00 price objective on shares of Dr Pepper Snapple Group and gave the company a “hold” rating in a research report on Saturday, May 27th.

Institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its position in Dr Pepper Snapple Group by 1,517.3% in the first quarter. BlackRock Inc. now owns 16,369,447 shares of the company’s stock valued at $1,602,895,000 after buying an additional 15,357,318 shares during the period. Norges Bank acquired a new position in Dr Pepper Snapple Group during the fourth quarter valued at approximately $163,359,000. Westwood Holdings Group Inc. acquired a new position in Dr Pepper Snapple Group during the fourth quarter valued at approximately $100,942,000. FIL Ltd increased its position in Dr Pepper Snapple Group by 521.2% in the first quarter. FIL Ltd now owns 990,941 shares of the company’s stock valued at $97,033,000 after buying an additional 831,425 shares during the period. Finally, Bank of Montreal Can increased its position in Dr Pepper Snapple Group by 43.4% in the first quarter. Bank of Montreal Can now owns 2,679,499 shares of the company’s stock valued at $262,375,000 after buying an additional 810,357 shares during the period. Institutional investors and hedge funds own 91.04% of the company’s stock.

Dr Pepper Snapple Group (DPS) traded up 0.49% on Tuesday, reaching $96.00. 1,403,283 shares of the company were exchanged. The firm has a market capitalization of $17.65 billion, a PE ratio of 21.13 and a beta of 0.62. 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 of $92.00 and a 200 day moving average of $92.90.

Dr Pepper Snapple Group (NYSE:DPS) last issued its quarterly earnings data on Wednesday, April 26th. The company reported $1.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.96 by $0.05. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.55 billion. Dr Pepper Snapple Group had a net margin of 13.03% and a return on equity of 38.52%. The company’s revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.94 earnings per share. Equities analysts anticipate that Dr Pepper Snapple Group will post $4.64 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 6th. Investors of record on Wednesday, June 14th will be paid a $0.58 dividend. The ex-dividend date is Monday, June 12th. This represents a $2.32 annualized dividend and a dividend yield of 2.43%. Dr Pepper Snapple Group’s dividend payout ratio (DPR) is presently 51.10%.

TRADEMARK VIOLATION WARNING: This report was first reported by Ticker Report and is owned by of Ticker Report. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this report can be read at https://www.tickerreport.com/banking-finance/2656159/dr-pepper-snapple-group-inc-dps-receives-average-recommendation-of-hold-from-analysts.html.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “DPS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Blue Apron Filed Thursday for Public Offering
Blue Apron Filed Thursday for Public Offering
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Large Auto Lender Checked Just 8% of Incomes for Applicants
Large Auto Lender Checked Just 8% of Incomes for Applicants


Leave a Reply

© 2006-2017 Ticker Report. Google+.