Bullish Options Activity on Dr Pepper Snapple Group Inc. Surges After Better Fundamentals

 Bullish Options Activity on Dr Pepper Snapple Group Inc. Surges After Better Fundamentals

In today’s session Dr Pepper Snapple Group Inc. (DPS) registered an unusually high (557) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DPS increase. With 557 contracts traded and 4034 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DPS161216C00090000 closed last at: $1.4 or 47.4% up. About 272,030 shares traded hands. Dr Pepper Snapple Group Inc. (NYSE:DPS) has declined 6.11% since April 8, 2016 and is downtrending. It has underperformed by 11.76% the S&P500.

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

Out of 13 analysts covering Dr Pepper Snapple (NYSE:DPS), 6 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 46% are positive. $102 is the highest target while $84 is the lowest. The $92.50 average target is 10.70% above today’s ($83.56) stock price. Dr Pepper Snapple has been the topic of 24 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 18. The firm earned “Buy” rating on Monday, October 5 by Evercore. The rating was downgraded by Zacks to “Buy” on Tuesday, August 25. UBS maintained Dr Pepper Snapple Group Inc. (NYSE:DPS) on Friday, October 23 with “Neutral” rating. UBS maintained the stock with “Neutral” rating in Friday, October 28 report. RBC Capital Markets upgraded the stock to “Sector Perform” rating in Tuesday, October 27 report. The stock of Dr Pepper Snapple Group Inc. (NYSE:DPS) earned “Sell” rating by Goldman Sachs on Wednesday, January 13. As per Friday, January 22, the company rating was upgraded by Credit Agricole. The rating was initiated by Sterne Agee CRT with “Buy” on Tuesday, July 21. The company was downgraded on Monday, September 7 by Zacks.

According to Zacks Investment Research, “DR PEPPER SNAPPLE Group is one of the largest beverage companies in the Americas. They manufacture, market and distribute more than 50 brands of carbonated soft drinks, juices, ready to drink teas, mixers and other premium beverages across the United States, Canada, Mexico and the Caribbean.”

Dr Pepper Snapple Group, Inc. is an owner, maker and distributor of non-alcoholic beverages in the United States, Canada and Mexico. The company has a market cap of $14.90 billion. The Company’s products consist of flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. It has a 18.1 P/E ratio. The Firm operates under three divisions: Beverage Concentrates, Packaged Beverages and Latin America Beverages.

DPS Company Profile

Dr Pepper Snapple Group, Inc., incorporated on October 24, 2007, is an owner, maker 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. The Firm operates under three divisions: Beverage Concentrates, Packaged Beverages and Latin America Beverages. The Company’s brands include Dr Pepper, Canada Dry, Crush, Schweppes, Sunkist soda, 7UP, A&W, Sun Drop, RC Cola, Squirt, Diet Rite, Vernors and the concentrate form of Hawaiian Punch. The Firm distributes finished beverages and makes beverage concentrates and fountain syrups. The Firm operates over 20 manufacturing facilities across the United States and Mexico. The Firm caters to bottlers and distributors, retailers, food service and convenience store customers.

More important recent Dr Pepper Snapple Group Inc. (NYSE:DPS) news were published by: Reuters.com which released: “Exclusive: Dr Pepper Snapple in talks to buy Bai Brands – sources” on October 26, 2016, also Forbes.com published article titled: “Ex-Dividend Reminder: Harley-Davidson, Dr Pepper Snapple Group and Best Buy”, Forbes.com published: “RSI Alert: Dr Pepper Snapple Group Now Oversold” on October 04, 2016. More interesting news about Dr Pepper Snapple Group Inc. (NYSE:DPS) was released by: Forbes.com and their article: “Relative Strength Alert For Dr Pepper Snapple Group” with publication date: September 09, 2016.

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