Dean Foods Company (DF) Shares Bought by State Street Corp

State Street Corp raised its position in Dean Foods Company (NYSE:DF) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,251,809 shares of the company’s stock after purchasing an additional 62,555 shares during the quarter. State Street Corp owned 3.58% of Dean Foods worth $55,278,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Capstone Asset Management Co. increased its position in shares of Dean Foods by 0.7% during the second quarter. Capstone Asset Management Co. now owns 14,320 shares of the company’s stock worth $243,000 after acquiring an additional 100 shares during the period. Amalgamated Bank increased its position in shares of Dean Foods by 1.0% during the second quarter. Amalgamated Bank now owns 12,831 shares of the company’s stock worth $218,000 after acquiring an additional 122 shares during the period. Northwestern Mutual Investment Management Company LLC increased its position in shares of Dean Foods by 1.3% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 15,842 shares of the company’s stock worth $287,000 after acquiring an additional 201 shares during the period. Arizona State Retirement System increased its position in shares of Dean Foods by 1.3% during the second quarter. Arizona State Retirement System now owns 38,300 shares of the company’s stock worth $651,000 after acquiring an additional 500 shares during the period. Finally, State Treasurer State of Michigan increased its position in shares of Dean Foods by 1.6% during the second quarter. State Treasurer State of Michigan now owns 37,450 shares of the company’s stock worth $637,000 after acquiring an additional 600 shares during the period.

A number of analysts have recently weighed in on the company. Zacks Investment Research lowered Dean Foods from a “hold” rating to a “sell” rating in a research report on Tuesday. Jefferies Group LLC set a $16.00 price objective on Dean Foods and gave the stock a “buy” rating in a research report on Sunday. ValuEngine lowered Dean Foods from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Stifel Nicolaus reaffirmed a “buy” rating and set a $13.00 price objective (down previously from $17.00) on shares of Dean Foods in a research report on Thursday, August 10th. Finally, Vertical Group lowered Dean Foods from a “buy” rating to a “hold” rating in a research report on Thursday, August 10th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $14.67.

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Dean Foods (NYSE:DF) last released its quarterly earnings results 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). Dean Foods had a return on equity of 16.63% and a net margin of 0.70%. The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period last year, the firm earned $0.38 EPS. The business’s quarterly revenue was up 4.2% on a year-over-year basis.

Dean Foods Company 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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Institutional Ownership by Quarter for Dean Foods (NYSE:DF)

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