Traders are more bearish on shares of Dr Pepper Snapple Group Inc lately if you take a look at the rise in short interest. The stock experienced a rise in short interest of 10.01% as of the latest report on October 31, 2017. Short interest grew from 6,360,180 to 6,997,152 over that period. The short-interest ratio decreased to 4.0 and the short interest percentage is 0.04% as of October 31.
The following firms have recently changed their position in DPS. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS bolstered its investment by buying 1,123 shares an increase of 8.2% from 06/30/2017 to 09/30/2017. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS owns 14,779 shares with a value of $1,307,000. The total value of its holdings increased 5.1%. Tredje Ap-fonden trimmed its position by shedding 9,410 shares a decrease of 30.8% as of 09/30/2017. Tredje Ap-fonden currently owns 21,130 shares worth $1,884,000. The value of the position overall is down by 32.7%.
Raymond James & Associates augmented its ownership by buying 73 shares an increase of 0.1%. Raymond James & Associates now controls 114,398 shares valued at $10,121,000. The total value of its holdings decreased 2.8%. Baird Financial Group, Inc. expanded its holdings by buying 589 shares an increase of 0.1% in the quarter. Baird Financial Group, Inc. now holds 929,522 shares valued at $82,235,000. The value of the position overall is down by 2.8%.
On October 27 BMO Capital Markets maintained a company rating of “Buy” with a current price target of $105.00. Equity analyst Stifel Nicolaus lowered the price target on October 26 cutting the projection from $114.00 to $106.00 with a “Buy” recommendation.
Morgan Stanley lowered the price target of the stock on October 26 changing the forecast from $104.00 to $96.00 and stated a “Overweight” rating. Equity analyst Susquehanna Bancshares released research on DPS and giving a rating of “Hold” and projecting a price target of $89.00.
October 25 investment analysts at Royal Bank Of Canada kept the stock rating at “Hold” projecting a price of $91.00.
The company is so far trading down by 0.19% percent from yesterday’s close. The P/E ratio is 21.98 and market cap is 15.83B. In the last earnings report the EPS was $3.99 with 180.54M shares now outstanding.
Dr Pepper Snapple Group, Inc., launched on October 24, 2007, 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. The Business’s segments include Beverage Concentrates, Packaged Beverages and Latin America Beverages. The Business’s brand portfolio includes CSD brands, such as Dr Pepper, Canada Dry, Penafiel, Squirt, 7UP, Crush, A&W, Sunkist soda and Schweppes, and NCB brands, such as Snapple, Hawaiian Punch, Mott’s and Clamato. As of December 31, 2016, the Company operated 23 manufacturing facilities across the United States and Mexico. The Company also sells its products to distributors in Europe and Asia..