Dr Pepper Snapple Group Inc. (NYSE:DPS) traded up 1.9% during trading on Tuesday . The company traded as high as $98.07 and last traded at $97.43, with a volume of 454,016 shares trading hands. The stock had previously closed at $95.65.

A number of equities research analysts have commented on the company. Goldman Sachs Group Inc. reduced their target price on Dr Pepper Snapple Group from $90.00 to $89.00 and set a “sell” rating on the stock in a research report on Wednesday, June 29th. Zacks Investment Research cut Dr Pepper Snapple Group from a “buy” rating to a “hold” rating in a research note on Tuesday, May 3rd. BMO Capital Markets reaffirmed a “hold” rating on shares of Dr Pepper Snapple Group in a research note on Thursday, April 28th. Barclays PLC lifted their price objective on Dr Pepper Snapple Group from $88.00 to $94.00 and gave the company an “equal weight” rating in a research note on Thursday, April 28th. Finally, Susquehanna reaffirmed a “hold” rating on shares of Dr Pepper Snapple Group in a research note on Wednesday, April 27th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $93.60.

The stock has a 50-day moving average of $92.84 and a 200-day moving average of $91.76. The firm has a market capitalization of $18.16 billion and a price-to-earnings ratio of 23.70.

Dr Pepper Snapple Group (NYSE:DPS) last issued its earnings results on Wednesday, April 27th. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.08. The firm earned $1.49 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period last year, the business posted $0.81 earnings per share. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. Equities analysts predict that Dr Pepper Snapple Group Inc. will post $4.35 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 7th. Investors of record on Tuesday, June 14th will be given a $0.53 dividend. This represents a $2.12 annualized dividend and a dividend yield of 2.17%. The ex-dividend date is Friday, June 10th.

In related news, EVP David Thomas sold 5,720 shares of the stock in a transaction on Thursday, April 28th. The stock was sold at an average price of $90.00, for a total value of $514,800.00. Following the transaction, the executive vice president now directly owns 45,000 shares of the company’s stock, valued at approximately $4,050,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Pamela H. Patsley sold 2,974 shares of the stock in a transaction on Wednesday, May 4th. The stock was sold at an average price of $92.02, for a total value of $273,667.48. Following the completion of the transaction, the director now directly owns 11,455 shares in the company, valued at $1,054,089.10. The disclosure for this sale can be found here.

Several hedge funds and institutional investors have recently modified their holdings of DPS. Vanguard Group Inc. raised its position in shares of Dr Pepper Snapple Group by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 17,114,272 shares of the company’s stock valued at $1,595,050,000 after buying an additional 240,074 shares during the period. PNC Financial Services Group Inc. raised its position in Dr Pepper Snapple Group by 2.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,708,694 shares of the company’s stock valued at $159,251,000 after buying an additional 40,019 shares during the period. New York State Common Retirement Fund raised its position in Dr Pepper Snapple Group by 0.7% in the fourth quarter. New York State Common Retirement Fund now owns 644,775 shares of the company’s stock valued at $60,093,000 after buying an additional 4,600 shares during the period. Dimensional Fund Advisors LP raised its position in Dr Pepper Snapple Group by 4.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 626,448 shares of the company’s stock valued at $58,392,000 after buying an additional 24,721 shares during the period. Finally, Wells Fargo & Company MN raised its position in Dr Pepper Snapple Group by 23.2% in the fourth quarter. Wells Fargo & Company MN now owns 608,355 shares of the company’s stock valued at $56,698,000 after buying an additional 114,556 shares during the period.

Dr Pepper Snapple Group, Inc is an owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico. The Company’s products consist of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.

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