Pacad Investment Ltd. boosted its stake in shares of Dean Foods Company (NYSE:DF) by 8.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 11,800 shares of the company’s stock after buying an additional 900 shares during the period. Pacad Investment Ltd.’s holdings in Dean Foods were worth $201,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in the stock. Northwestern Mutual Investment Management Company LLC raised its holdings in Dean Foods by 0.3% during the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 15,641 shares of the company’s stock valued at $308,000 after buying an additional 45 shares during the period. Capstone Asset Management Co. raised its holdings in Dean Foods by 0.7% during the 2nd quarter. Capstone Asset Management Co. now owns 14,320 shares of the company’s stock valued at $243,000 after buying an additional 100 shares during the period. Clinton Group Inc. raised its holdings in Dean Foods by 0.4% during the 1st quarter. Clinton Group Inc. now owns 37,120 shares of the company’s stock valued at $730,000 after buying an additional 144 shares during the period. Gamco Investors INC. ET AL raised its holdings in Dean Foods by 1.9% during the 1st quarter. Gamco Investors INC. ET AL now owns 14,437 shares of the company’s stock valued at $284,000 after buying an additional 264 shares during the period. Finally, Advantus Capital Management Inc raised its holdings in Dean Foods by 3.3% during the 1st quarter. Advantus Capital Management Inc now owns 11,620 shares of the company’s stock valued at $228,000 after buying an additional 373 shares during the period.
Several research firms recently weighed in on DF. ValuEngine lowered Dean Foods from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research lowered Dean Foods from a “hold” rating to a “strong sell” rating in a report on Friday, August 11th. Jefferies Group LLC decreased their price target on Dean Foods from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, August 10th. Stifel Nicolaus restated a “buy” rating and set a $13.00 price target (down previously from $17.00) on shares of Dean Foods in a report on Thursday, August 10th. Finally, Vertical Group lowered Dean Foods from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. Dean Foods has a consensus rating of “Hold” and an average price target of $15.40.
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Dean Foods Company (NYSE:DF) opened at 11.23 on Wednesday. The stock’s 50 day moving average price is $12.54 and its 200-day moving average price is $16.86. The company has a market cap of $1.02 billion, a P/E ratio of 18.41 and a beta of 0.51. Dean Foods Company has a 52-week low of $10.75 and a 52-week high of $22.31.
Dean Foods (NYSE:DF) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by ($0.09). The firm had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Dean Foods had a net margin of 0.70% and a return on equity of 16.63%. Dean Foods’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.38 EPS. On average, equities analysts predict that Dean Foods Company will post $0.82 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 30th. Investors of record on Monday, August 21st were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Thursday, August 17th. This represents a $0.36 annualized dividend and a yield of 3.21%. Dean Foods’s payout ratio is 60.00%.
Dean Foods Profile
Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.
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