Dr Pepper Snapple Group Inc (DPS) has been under a strong bear grip, hence the stock is down -0.8% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.41% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.47% in the last 1 week, and is up 0.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 0.01% and the 50-Day Moving Average is 2.13%. Dr Pepper Snapple Group Inc (NYSE:DPS): stock turned positive on Friday. Though the stock opened at $97.2, the bulls momentum made the stock top out at $97.49 level for the day. The stock recorded a low of $96.8701 and closed the trading day at $97.23, in the green by 0.26%. The total traded volume for the day was 655,606. The stock had closed at $96.98 in the previous days trading.
The company Insiders own 0.62% of Dr Pepper Snapple Group Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -91.37% . Institutional Investors own 92.12% of Dr Pepper Snapple Group Inc shares. During last six month period, the net percent change held by insiders has seen a change of -30.48%. Also, Major Brokerage house, Citigroup maintains its ratings on Dr Pepper Snapple Group Inc (NYSE:DPS). In the latest research report, Citigroup raises the target price from $97 per share to $102 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on July 28, 2016.
Dr Pepper Snapple Group, Inc. is a brand owner, manufacturer and distributor of non-alcoholic beverages. The Company operates in the United States, Canada and Mexico. Its products comprise flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. The Company operates under three segments: Beverage Concentrates, Packaged Beverages and Latin America Beverages. The Companys brands include Dr Pepper, Canada Dry, 7UP, A&W, Sunkist, Squirt, Penafiel, Crush, Schweppes, RC Cola, Snapple, Hawaiian Punch, Motts, Clamato, Aguafiel, Mr & Mrs T, Roses and Margaritaville, among others. The Company distributes finished beverages and manufactures beverage concentrates and fountain syrups. The Company caters to bottlers and distributors, and retailers.