WhiteWave Foods Co. (NYSE:WWAV) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

According to Zacks, “The WhiteWave Foods Company is a consumer packaged food and beverage company. It manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products throughout North America and Europe. The Company’s products include soy milk, flavored creamers, organic milk, yogurt, cheese, butter, sour creams, and whipped creams. It serves the grocery and natural foods channels in the United States. The WhiteWave Foods Company is based in Dallas, Texas. “

WWAV has been the topic of a number of other reports. Maxim Group upgraded shares of WhiteWave Foods from a “hold” rating to a “buy” rating in a research report on Tuesday, August 9th. Wedbush restated a “neutral” rating and set a $56.25 price target on shares of WhiteWave Foods in a research report on Tuesday, August 9th. lowered shares of WhiteWave Foods from an “outperform” rating to an “underperform” rating and boosted their price target for the stock from $47.00 to $56.25 in a research report on Wednesday, August 10th. Argus lowered shares of WhiteWave Foods from a “buy” rating to a “sell” rating in a research report on Wednesday, August 24th. Finally, Piper Jaffray Cos. downgraded shares of WhiteWave Foods from an “overweight” rating to a “neutral” rating and set a $56.25 target price on the stock. in a research note on Tuesday, August 9th. Three investment analysts have rated the stock with a sell rating, twenty have assigned a hold rating and three have issued a buy rating to the stock. WhiteWave Foods has an average rating of “Hold” and a consensus price target of $52.69.

Analyst Recommendations for WhiteWave Foods (NYSE:WWAV)

Shares of WhiteWave Foods (NYSE:WWAV) traded up 0.13% during mid-day trading on Tuesday, hitting $55.13. 411,607 shares of the stock traded hands. WhiteWave Foods has a 12 month low of $31.40 and a 12 month high of $56.82. The company has a market cap of $9.77 billion, a P/E ratio of 49.89 and a beta of 1.51. The firm has a 50 day moving average of $54.36 and a 200 day moving average of $52.39.

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Several hedge funds and other institutional investors have recently modified their holdings of WWAV. Toronto Dominion Bank increased its position in shares of WhiteWave Foods by 24.2% in the third quarter. Toronto Dominion Bank now owns 1,837 shares of the company’s stock worth $100,000 after buying an additional 358 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of WhiteWave Foods by 10.7% in the second quarter. Pacer Advisors Inc. now owns 2,218 shares of the company’s stock worth $104,000 after buying an additional 215 shares in the last quarter. Glenmede Trust Co. NA increased its position in shares of WhiteWave Foods by 42.4% in the second quarter. Glenmede Trust Co. NA now owns 2,349 shares of the company’s stock worth $109,000 after buying an additional 700 shares in the last quarter. Sphinx Trading LP bought a new position in shares of WhiteWave Foods during the third quarter worth about $109,000. Finally, Mizuho Asset Management Co. Ltd. bought a new position in shares of WhiteWave Foods during the second quarter worth about $112,000. Institutional investors and hedge funds own 81.93% of the company’s stock.

About WhiteWave Foods

The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.

5 Day Chart for NYSE:WWAV

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