Vv Value Vals Ag
revealed that they own 10% of Dean Foods Co (NYSE:DF) in a Form 13D/A disclosure that was filed with the SEC on Thursday, March 1st. The investor owns 9,125,000 shares of the stock worth approximately $80,117,500. The reporting parties listed on the disclosure included VV Value Vals AG, XO Holding AG, Priora Holding AG, Profectio Beteiligungen AG, STOFFELpart Asset AG and Remo Stoffel. The disclosure is available through Edgar at this link.
provided the following explanation of their ownership:
Several other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James & Associates bought a new position in Dean Foods in the 4th quarter valued at approximately $122,000. Public Employees Retirement System of Ohio lifted its position in Dean Foods by 6.8% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 11,278 shares of the company’s stock valued at $192,000 after acquiring an additional 717 shares in the last quarter. Hotchkis & Wiley Capital Management LLC bought a new position in Dean Foods in the 3rd quarter valued at approximately $141,000. Crossmark Global Holdings Inc. bought a new position in Dean Foods in the 3rd quarter valued at approximately $164,000. Finally, MANA Advisors LLC bought a new position in Dean Foods in the 4th quarter valued at approximately $195,000. 92.56% of the stock is currently owned by hedge funds and other institutional investors.
Dean Foods Co (NYSE:DF) traded up $0.11 during midday trading on Thursday, hitting $8.78. The stock had a trading volume of 1,982,162 shares, compared to its average volume of 1,978,799. The company has a market cap of $811.38, a PE ratio of 13.10, a price-to-earnings-growth ratio of 0.97 and a beta of 0.39. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.52 and a quick ratio of 0.93. Dean Foods Co has a 12-month low of $8.32 and a 12-month high of $20.10.
Dean Foods (NYSE:DF) last released its quarterly earnings results on Monday, February 26th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.96 billion. Dean Foods had a net margin of 0.79% and a return on equity of 11.80%. Dean Foods’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.38 earnings per share. analysts expect that Dean Foods Co will post 0.69 EPS for the current fiscal year.
Several research firms recently issued reports on DF. ValuEngine cut Dean Foods from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $10.00 price objective (down from $12.00) on shares of Dean Foods in a research report on Tuesday. Zacks Investment Research raised Dean Foods from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Stifel Nicolaus lowered their price target on Dean Foods from $12.00 to $9.00 and set a “hold” rating on the stock in a report on Tuesday. Finally, Jefferies Group reissued a “buy” rating and set a $13.00 price target on shares of Dean Foods in a report on Monday. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $12.15.
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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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