California Public Employees Retirement System boosted its holdings in Dean Foods Co (NYSE:DF) by 7.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 267,889 shares of the company’s stock after purchasing an additional 18,844 shares during the quarter. California Public Employees Retirement System’s holdings in Dean Foods were worth $2,915,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in DF. Flinton Capital Management LLC grew its holdings in shares of Dean Foods by 60.6% during the second quarter. Flinton Capital Management LLC now owns 6,448 shares of the company’s stock valued at $110,000 after buying an additional 2,432 shares during the last quarter. Riverhead Capital Management LLC grew its holdings in shares of Dean Foods by 62.0% during the second quarter. Riverhead Capital Management LLC now owns 7,128 shares of the company’s stock valued at $121,000 after buying an additional 2,728 shares during the last quarter. Advisor Group Inc. grew its holdings in shares of Dean Foods by 40.7% during the second quarter. Advisor Group Inc. now owns 7,857 shares of the company’s stock valued at $133,000 after buying an additional 2,271 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in shares of Dean Foods during the third quarter valued at approximately $141,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of Dean Foods during the third quarter valued at approximately $164,000. Institutional investors and hedge funds own 94.02% of the company’s stock.
Shares of Dean Foods Co (NYSE:DF) opened at $11.27 on Monday. Dean Foods Co has a fifty-two week low of $9.01 and a fifty-two week high of $21.34. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.28 and a quick ratio of 0.93. The stock has a market cap of $1,030.00, a P/E ratio of 33.15, a P/E/G ratio of 0.99 and a beta of 0.59.
Dean Foods (NYSE:DF) last issued its earnings results on Tuesday, November 7th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.20. Dean Foods had a net margin of 0.53% and a return on equity of 14.04%. The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.97 billion. During the same quarter last year, the company posted $0.37 earnings per share. The firm’s quarterly revenue was down 1.4% on a year-over-year basis. analysts expect that Dean Foods Co will post 0.81 EPS for the current fiscal year.
A number of research firms have recently commented on DF. Zacks Investment Research upgraded shares of Dean Foods from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Morgan Stanley cut their price target on shares of Dean Foods from $10.00 to $9.00 and set an “overweight” rating on the stock in a report on Wednesday, November 8th. Vertical Group upgraded shares of Dean Foods from a “hold” rating to a “buy” rating in a report on Monday, January 8th. Jefferies Group set a $16.00 price target on shares of Dean Foods and gave the company a “buy” rating in a report on Sunday, October 29th. Finally, Credit Suisse Group cut their price target on shares of Dean Foods from $10.00 to $8.50 and set an “underperform” rating on the stock in a report on Wednesday, November 8th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. Dean Foods has an average rating of “Hold” and a consensus target price of $13.06.
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About Dean Foods
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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