What Next for DR Pepper Snapple Group Inc DR Pepper Snapple Gro (NYSE:DPS) Stock After Increase in Shorted Shares?

April 25, 2018 - By Richard Conner

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Logo

The stock of DR Pepper Snapple Group Inc DR Pepper Snapple Gro (NYSE:DPS) registered an increase of 18.22% in short interest. DPS’s total short interest was 10.24M shares in April as published by FINRA. Its up 18.22% from 8.66 million shares, reported previously. With 1.46M shares average volume, it will take short sellers 7 days to cover their DPS’s short positions. The short interest to DR Pepper Snapple Group Inc DR Pepper Snapple Gro’s float is 5.69%.

The stock decreased 0.03% or $0.04 during the last trading session, reaching $118.76. About 1.11 million shares traded. Dr Pepper Snapple Group, Inc. (NYSE:DPS) has risen 21.65% since April 25, 2017 and is uptrending. It has outperformed by 10.10% the S&P500.

Dr Pepper Snapple Group, Inc. operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the United States, Mexico, and Canada. The company has market cap of $21.35 billion. The firm operates through three divisions: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It has a 20.16 P/E ratio. It offers flavored carbonated soft drinks and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water, and mixers, as well as makes and sells Mott's apple sauces.

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Ratings Coverage

Among 12 analysts covering Dr Pepper Snapple Group (NYSE:DPS), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Dr Pepper Snapple Group had 23 analyst reports since October 26, 2017 according to SRatingsIntel. BMO Capital Markets downgraded Dr Pepper Snapple Group, Inc. (NYSE:DPS) rating on Wednesday, January 31. BMO Capital Markets has “Hold” rating and $125.0 target. The firm has “Outperform” rating given on Monday, March 19 by RBC Capital Markets. On Tuesday, January 30 the stock rating was downgraded by Morgan Stanley to “Hold”. The rating was downgraded by Wells Fargo to “Market Perform” on Tuesday, January 30. The stock has “Buy” rating by Stifel Nicolaus on Thursday, October 26. The firm has “Hold” rating given on Thursday, October 26 by Cowen & Co. On Thursday, February 1 the stock rating was upgraded by Gabelli to “Buy”. On Tuesday, January 30 the stock rating was maintained by Bernstein with “Hold”. Jefferies downgraded the shares of DPS in report on Friday, February 16 to “Hold” rating. The firm has “Buy” rating given on Wednesday, January 10 by Credit Suisse.

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.