Dr Pepper Snapple Group Inc. (NYSE:DPS) shares reached a new 52-week high on Friday . The stock traded as high as $98.42 and last traded at $98.21, with a volume of 219,444 shares traded. The stock had previously closed at $97.57.

Several research analysts have recently weighed in on DPS shares. Bank of America Corp. reissued an “underperform” rating on shares of Dr Pepper Snapple Group in a research report on Friday, April 15th. Susquehanna reissued a “hold” rating on shares of Dr Pepper Snapple Group in a research report on Wednesday, April 27th. Barclays PLC lifted their target price on shares of Dr Pepper Snapple Group from $88.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 28th. BMO Capital Markets reissued a “hold” rating on shares of Dr Pepper Snapple Group in a research report on Thursday, April 28th. Finally, Zacks Investment Research raised shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating and set a $102.00 target price on the stock in a research report on Monday, May 2nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $94.37.

The firm has a 50 day moving average price of $94.62 and a 200 day moving average price of $92.11. The stock has a market capitalization of $18.27 billion and a price-to-earnings ratio of 23.85.

Dr Pepper Snapple Group (NYSE:DPS) last announced its quarterly earnings results on Wednesday, April 27th. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.08. The firm earned $1.49 billion during the quarter, compared to analyst estimates of $1.46 billion. The business’s revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 earnings per share. On average, equities analysts anticipate that Dr Pepper Snapple Group Inc. will post $4.35 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, July 7th. Investors of record on Tuesday, June 14th were given a $0.53 dividend. The ex-dividend date of this dividend was Friday, June 10th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.16%.

In related news, VP Angela A. Stephens sold 5,712 shares of the stock in a transaction that occurred on Thursday, April 28th. The stock was sold at an average price of $90.92, for a total transaction of $519,335.04. Following the completion of the sale, the vice president now directly owns 13,157 shares of the company’s stock, valued at approximately $1,196,234.44. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Rodger L. Collins sold 52,390 shares of the stock in a transaction that occurred on Tuesday, May 10th. The stock was sold at an average price of $95.09, for a total value of $4,981,765.10. Following the sale, the executive vice president now directly owns 133,685 shares of the company’s stock, valued at $12,712,106.65. The disclosure for this sale can be found here.

A number of hedge funds have bought and sold shares of the company. Jennison Associates boosted its stake in Dr Pepper Snapple Group by 3.4% in the third quarter. Jennison Associates now owns 33,523 shares of the company’s stock worth $2,650,000 after buying an additional 1,101 shares during the last quarter. GAM Holding AG boosted its stake in Dr Pepper Snapple Group by 33.7% in the fourth quarter. GAM Holding AG now owns 36,573 shares of the company’s stock worth $3,409,000 after buying an additional 9,209 shares during the last quarter. GSA Capital Partners LLP boosted its stake in Dr Pepper Snapple Group by 8.0% in the fourth quarter. GSA Capital Partners LLP now owns 16,257 shares of the company’s stock worth $1,515,000 after buying an additional 1,200 shares during the last quarter. BOKF NA boosted its stake in Dr Pepper Snapple Group by 3.8% in the fourth quarter. BOKF NA now owns 16,353 shares of the company’s stock worth $1,524,000 after buying an additional 602 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Dr Pepper Snapple Group by 0.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,341 shares of the company’s stock worth $1,150,000 after buying an additional 77 shares during the last quarter.

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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