Dr Pepper Snapple to Merge With Keurig Green Mountain

by Ben Pena January 30, 2018, 0:55
Dr Pepper Snapple to Merge With Keurig Green Mountain

(NYSE:DPS) opened at $95.65 on Friday. FMR LLC now owns 2,984,283 shares of the company's stock valued at $271,898,000 after purchasing an additional 134,256 shares during the period.

DRINK IT UP: Dr. Pepper Snapple Group jumped 23.5 percent after it agreed to be acquired by Keurig for $16.6 billion, including debt. The ROIC 5 year average of Dr Pepper Snapple Group, Inc. The institutional investor held 97,291 shares of the technology company at the end of 2017Q3, valued at $11.94 million, down from 101,535 at the end of the previous reported quarter. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.06). However, Wall Street analysts were expecting the company to earn $4.07 per share on revenue of $14.73 billion.

"Having an element of the company that's public while still having an anchored shareholder with incredibly long-term view I think is the optimal combination in today's environment", Robert Gamgort, Keurig Green Mountain CEO, said during a Monday conference call with investors and financial analysts.

Dr. Pepper Snapple is up 24.59% to $119.17 after the announcement.

After a recent scan, we can see that Dr Pepper Snapple Group, Inc.

Shares of KapStone Paper and Packaging Corp. The company has a market capitalization of $17,270.00, a P/E ratio of 23.97, a PEG ratio of 2.06 and a beta of 0.58.

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Gamgort said the companies will continue to operate from their currrent locations: Plano, Texas for Dr Pepper Snapple, and Waterbury, Vt. for Keurig Green Mountain. (NYSE:DPS) to report earnings on February, 13. The business had revenue of $1.74 billion during the quarter, compared to analysts' expectations of $1.77 billion. Dr Pepper's stock skyrocketed 25 percent following the news. The business's revenue for the quarter was up 3.6% compared to the same quarter previous year. The stock decreased 0.42% or $0.001 during the last trading session, reaching $0.358. Industrials companies also posted big losses.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 4th. The ex-dividend date of this dividend was Wednesday, December 13th. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The Gross Margin Score of Dr Pepper Snapple Group, Inc. Community Bank Of Raymore owns 884,643 shares or 10.01% of their USA portfolio. On Thursday, January 4 the stock rating was maintained by Wells Fargo with "Buy".

ILLEGAL ACTIVITY WARNING: "Dr Pepper Snapple Group (DPS) Stock Rating Reaffirmed by Jefferies Group" was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune.

The new company, Keurig Dr Pepper, plans to expand its bottled iced coffee offerings that are sold at supermarkets and convenience stores. The Price Index 12m for Dr Pepper Snapple Group, Inc. They issued a "buy" rating and a $104.00 price target for the company. RBC Capital Markets maintained Dr Pepper Snapple Group, Inc. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. The stock presently has an average rating of "Hold" and a consensus price target of $102.38. Essex Financial Services has 0.05% invested in ONEOK, Inc. Zeke Capital Advisors LLC purchased a new position in Dr Pepper Snapple Group during the third quarter worth approximately $208,000. The FCF Growth of Dr Pepper Snapple Group, Inc.

Keurig Green Mountain said it is buying Dr Pepper Snapple (DPS), creating a company with dozens of iconic brands such as A&W and Green Mountain Coffee Roasters. 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.

Trian Fund Management L.P. holds 13.19% of its portfolio in General Electric Company for 70.85 million shares.

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