Dean Foods Co. (NYSE:DF) – Investment analysts at Jefferies Group reduced their Q2 2017 earnings per share (EPS) estimates for shares of Dean Foods in a note issued to investors on Tuesday. Jefferies Group analyst A. Jagdale now expects that the brokerage will earn $0.42 per share for the quarter, down from their prior forecast of $0.43. Jefferies Group has a “Buy” rating and a $23.00 price target on the stock.

Several other equities analysts have also issued reports on the company. Zacks Investment Research lowered Dean Foods from a “buy” rating to a “hold” rating in a research note on Monday, August 1st. TheStreet lowered Dean Foods from a “buy” rating to a “hold” rating in a research note on Wednesday, August 10th. Deutsche Bank AG reiterated a “buy” rating on shares of Dean Foods in a research note on Wednesday, November 2nd. DA Davidson reiterated a “hold” rating on shares of Dean Foods in a research note on Tuesday. Finally, Credit Suisse Group AG reiterated a “sell” rating on shares of Dean Foods in a research note on Tuesday, August 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the stock. Dean Foods has a consensus rating of “Hold” and a consensus target price of $21.04.

Earnings History and Estimates for Dean Foods (NYSE:DF)

Dean Foods (NYSE:DF) opened at 18.71 on Thursday. The stock has a 50 day moving average of $17.17 and a 200 day moving average of $17.59. Dean Foods has a 52 week low of $15.69 and a 52 week high of $21.17. The company has a market cap of $1.69 billion, a PE ratio of 16.23 and a beta of 0.20.

Dean Foods (NYSE:DF) last issued its quarterly earnings data on Monday, November 7th. The company reported $0.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.01. Dean Foods had a net margin of 1.37% and a return on equity of 24.87%. The firm had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the prior year, the business earned $0.30 EPS. The business’s quarterly revenue was down 3.4% on a year-over-year basis.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Monday, November 21st will be given a $0.09 dividend. The ex-dividend date is Thursday, November 17th. This represents a $0.36 dividend on an annualized basis and a yield of 1.92%. Dean Foods’s dividend payout ratio is currently 31.30%.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. First Citizens Bank & Trust Co. increased its position in shares of Dean Foods by 1.6% in the third quarter. First Citizens Bank & Trust Co. now owns 18,127 shares of the company’s stock worth $297,000 after buying an additional 293 shares during the last quarter. State Treasurer State of Michigan increased its position in shares of Dean Foods by 0.8% in the second quarter. State Treasurer State of Michigan now owns 36,850 shares of the company’s stock worth $667,000 after buying an additional 300 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of Dean Foods by 0.3% in the second quarter. Alliancebernstein L.P. now owns 164,687 shares of the company’s stock worth $2,979,000 after buying an additional 560 shares during the last quarter. Mutual of America Capital Management LLC increased its position in shares of Dean Foods by 0.8% in the third quarter. Mutual of America Capital Management LLC now owns 68,953 shares of the company’s stock worth $1,131,000 after buying an additional 561 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan increased its position in shares of Dean Foods by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 41,210 shares of the company’s stock worth $676,000 after buying an additional 580 shares during the last quarter.

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.

5 Day Chart for NYSE:DF

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