Nisa Investment Advisors LLC held its position in shares of Dean Foods Co. (NYSE:DF) during the second quarter, Holdings Channel reports. The institutional investor owned 6,450 shares of the company’s stock at the end of the second quarter. Nisa Investment Advisors LLC’s holdings in Dean Foods were worth $117,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. BlackRock Institutional Trust Company N.A. boosted its position in shares of Dean Foods by 28.3% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 4,092,949 shares of the company’s stock worth $70,890,000 after buying an additional 902,183 shares in the last quarter. State Street Corp boosted its stake in Dean Foods by 3.2% in the first quarter. State Street Corp now owns 3,221,414 shares of the company’s stock valued at $55,796,000 after buying an additional 101,210 shares in the last quarter. Teachers Advisors Inc. boosted its stake in Dean Foods by 58.0% in the first quarter. Teachers Advisors Inc. now owns 1,324,921 shares of the company’s stock valued at $22,948,000 after buying an additional 486,559 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Dean Foods by 66.8% in the first quarter. JPMorgan Chase & Co. now owns 1,300,955 shares of the company’s stock valued at $22,532,000 after buying an additional 520,918 shares in the last quarter. Finally, UBS Asset Management Americas Inc. boosted its stake in Dean Foods by 125.6% in the first quarter. UBS Asset Management Americas Inc. now owns 655,153 shares of the company’s stock valued at $11,347,000 after buying an additional 364,729 shares in the last quarter.
Dean Foods Co. (NYSE:DF) traded up 0.06% on Friday, hitting $16.40. 1,673,226 shares of the stock traded hands. Dean Foods Co. has a 52 week low of $15.69 and a 52 week high of $21.17. The firm has a market capitalization of $1.48 billion, a PE ratio of 13.60 and a beta of 0.29. The stock has a 50 day moving average of $16.68 and a 200 day moving average of $17.65.
Dean Foods (NYSE:DF) last issued its earnings results on Monday, August 8th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by $0.02. The company had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.84 billion. Dean Foods had a return on equity of 24.57% and a net margin of 1.43%. The firm’s revenue was down 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.33 earnings per share. Equities research analysts anticipate that Dean Foods Co. will post $1.56 earnings per share for the current year.
DF has been the topic of several research reports. Jefferies Group reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Dean Foods in a research report on Wednesday, July 20th. Zacks Investment Research cut shares of Dean Foods from a “buy” rating to a “hold” rating in a research report on Monday, August 1st. TheStreet cut shares of Dean Foods from a “buy” rating to a “hold” rating in a research report on Wednesday, August 10th. Finally, Credit Suisse Group AG reaffirmed a “sell” rating on shares of Dean Foods in a research report on Tuesday, August 9th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company’s stock. Dean Foods presently has a consensus rating of “Hold” and an average price target of $20.62.
In related news, Director J Wayne Mailloux sold 3,924 shares of the stock in a transaction on Monday, July 11th. The shares were sold at an average price of $19.66, for a total transaction of $77,145.84. Following the transaction, the director now directly owns 105,230 shares of the company’s stock, valued at $2,068,821.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.30% of the company’s stock.
Dean Foods Company Profile
Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk and other dairy case products in the United States. The Company operates through manufacturing, marketing, selling and distributing a wide variety of branded and private label dairy case product segment.
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