Metropolitan Life Insurance Co. NY decreased its position in shares of WhiteWave Foods Co (NYSE:WWAV) by 0.2% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 172,033 shares of the company’s stock after selling 429 shares during the period. Metropolitan Life Insurance Co. NY’s holdings in WhiteWave Foods were worth $9,660,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Toronto Dominion Bank boosted its stake in shares of WhiteWave Foods by 5.0% in the first quarter. Toronto Dominion Bank now owns 1,939 shares of the company’s stock worth $109,000 after buying an additional 93 shares during the period. Pacer Advisors Inc. boosted its stake in shares of WhiteWave Foods by 3.3% in the first quarter. Pacer Advisors Inc. now owns 3,457 shares of the company’s stock worth $194,000 after buying an additional 110 shares during the period. Elkhorn Investments LLC bought a new stake in shares of WhiteWave Foods during the fourth quarter worth about $211,000. US Bancorp DE boosted its stake in shares of WhiteWave Foods by 12.9% in the first quarter. US Bancorp DE now owns 4,112 shares of the company’s stock worth $230,000 after buying an additional 469 shares during the period. Finally, Mn Services Vermogensbeheer B.V. boosted its stake in shares of WhiteWave Foods by 5.5% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,727 shares of the company’s stock worth $248,000 after buying an additional 247 shares during the period. 80.60% of the stock is currently owned by hedge funds and other institutional investors.
Shares of WhiteWave Foods Co (NYSE:WWAV) remained flat at $56.24 during trading on Tuesday. WhiteWave Foods Co has a 52 week low of $42.73 and a 52 week high of $56.82. The stock’s 50 day moving average is $56.24 and its 200 day moving average is $55.63.
A number of analysts recently issued reports on the company. Jefferies Group LLC reissued a “hold” rating and set a $56.00 price objective on shares of WhiteWave Foods in a report on Friday, April 7th. Zacks Investment Research cut WhiteWave Foods from a “hold” rating to a “sell” rating in a report on Tuesday, February 21st. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $56.98.
About WhiteWave Foods
The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce. It operates through two segments: Americas Foods & Beverages and Europe Foods & Beverages.
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