Credit Suisse Group set a $107.00 price objective on Dr Pepper Snapple Group, Inc (NYSE:DPS) in a research report report published on Thursday. The brokerage currently has a buy rating on the stock.

DPS has been the subject of a number of other reports. Susquehanna Bancshares Inc set a $96.00 price target on Dr Pepper Snapple Group and gave the company a hold rating in a research report on Thursday. Royal Bank Of Canada reaffirmed a hold rating and set a $91.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, June 9th. BMO Capital Markets reaffirmed a buy rating and set a $105.00 price target on shares of Dr Pepper Snapple Group in a research report on Wednesday, July 12th. Cowen and Company reaffirmed a hold rating and set a $96.00 price target on shares of Dr Pepper Snapple Group in a research report on Friday, July 14th. Finally, Jefferies Group LLC reaffirmed a buy rating and set a $112.00 price target on shares of Dr Pepper Snapple Group in a research report on Thursday, July 6th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $99.00.

Dr Pepper Snapple Group (NYSE:DPS) opened at 90.84 on Thursday. The firm has a market capitalization of $16.55 billion, a price-to-earnings ratio of 21.78 and a beta of 0.61. The company’s 50 day moving average price is $91.70 and its 200-day moving average price is $93.12. Dr Pepper Snapple Group has a 12-month low of $81.05 and a 12-month high of $99.47.

Dr Pepper Snapple Group (NYSE:DPS) last posted its earnings results on Thursday, July 27th. The company reported $1.25 earnings per share for the quarter, missing the Zacks’ consensus estimate 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 company 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 earned $1.25 EPS. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. On average, equities analysts anticipate that Dr Pepper Snapple Group will post $4.65 earnings per share for the current fiscal year.

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The company also recently announced a quarterly dividend, which was paid on Thursday, July 6th. Shareholders of record on Wednesday, June 14th were given a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date was Monday, June 12th. Dr Pepper Snapple Group’s dividend payout ratio is currently 55.64%.

A number of hedge funds have recently added to or reduced their stakes in DPS. Fundsmith LLP increased its stake in Dr Pepper Snapple Group by 0.5% in the first quarter. Fundsmith LLP now owns 5,329,086 shares of the company’s stock worth $521,824,000 after buying an additional 24,232 shares in the last quarter. Pictet Asset Management Ltd. increased its stake in Dr Pepper Snapple Group by 15.3% in the first quarter. Pictet Asset Management Ltd. now owns 241,603 shares of the company’s stock worth $23,658,000 after buying an additional 32,008 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in Dr Pepper Snapple Group by 46.4% in the first quarter. Canada Pension Plan Investment Board now owns 523,028 shares of the company’s stock worth $51,215,000 after buying an additional 165,781 shares in the last quarter. Candriam Luxembourg S.C.A. increased its stake in Dr Pepper Snapple Group by 13.6% in the first quarter. Candriam Luxembourg S.C.A. now owns 19,135 shares of the company’s stock worth $1,874,000 after buying an additional 2,294 shares in the last quarter. Finally, TIAA CREF Trust Co. FSB MO increased its stake in Dr Pepper Snapple Group by 16.9% in the first quarter. TIAA CREF Trust Co. FSB MO now owns 14,133 shares of the company’s stock worth $1,384,000 after buying an additional 2,042 shares in the last quarter. 89.64% of the stock is owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Dr Pepper Snapple Group (NYSE:DPS)

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