TheStreet upgraded shares of Dean Foods Co. (NYSE:DF) from a hold rating to a buy rating in a report published on Monday.

A number of other research analysts also recently issued reports on DF. Credit Suisse Group AG reiterated a sell rating on shares of Dean Foods in a report on Tuesday, August 9th. Zacks Investment Research upgraded Dean Foods from a hold rating to a buy rating and set a $22.00 price objective for the company in a report on Wednesday, November 9th. DA Davidson reiterated a hold rating on shares of Dean Foods in a report on Tuesday, November 8th. Jefferies Group reiterated a buy rating on shares of Dean Foods in a report on Wednesday, August 10th. Finally, Deutsche Bank AG reiterated a buy rating on shares of Dean Foods in a report on Wednesday, November 2nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. Dean Foods has a consensus rating of Hold and an average price target of $21.04.

Analyst Recommendations for Dean Foods (NYSE:DF)

Shares of Dean Foods (NYSE:DF) opened at 19.25 on Monday. The stock’s 50 day moving average price is $17.38 and its 200 day moving average price is $17.63. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of 16.70 and a beta of 0.20. Dean Foods has a one year low of $15.69 and a one year high of $21.17.

Dean Foods (NYSE:DF) last announced its quarterly earnings results on Monday, November 7th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.01. Dean Foods had a return on equity of 24.87% and a net margin of 1.37%. The company earned $1.96 billion during the quarter, compared to the consensus estimate of $2.63 billion. During the same period in the prior year, the company earned $0.30 earnings per share. The company’s revenue for the quarter was down 3.4% compared to the same quarter last year. Analysts expect that Dean Foods will post $1.61 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Stockholders of record on Monday, November 21st will be given a $0.09 dividend. The ex-dividend date of this dividend is Thursday, November 17th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.86%. Dean Foods’s payout ratio is 31.30%.

Several hedge funds have recently added to or reduced their stakes in DF. First Citizens Bank & Trust Co. boosted its stake in 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 boosted its stake in 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. boosted its stake in 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 boosted its stake in 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 boosted its stake in 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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