Tudor Investment Corp ET AL Has $589,000 Position in Dean Foods Company (NYSE:DF)
Tudor Investment Corp ET AL boosted its position in shares of Dean Foods Company (NYSE:DF) by 21.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,973 shares of the company’s stock after buying an additional 5,359 shares during the period. Tudor Investment Corp ET AL’s holdings in Dean Foods were worth $589,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Sigma Planning Corp bought a new stake in Dean Foods during the first quarter valued at approximately $207,000. First Citizens Bank & Trust Co. boosted its stake in Dean Foods by 20.6% in the first quarter. First Citizens Bank & Trust Co. now owns 14,684 shares of the company’s stock valued at $289,000 after buying an additional 2,509 shares during the period. Lazard Asset Management LLC bought a new stake in Dean Foods during the first quarter valued at approximately $545,000. Heartland Advisors Inc. boosted its stake in Dean Foods by 5.8% in the first quarter. Heartland Advisors Inc. now owns 314,145 shares of the company’s stock valued at $6,176,000 after buying an additional 17,352 shares during the period. Finally, Comerica Bank boosted its stake in Dean Foods by 6.1% in the fourth quarter. Comerica Bank now owns 66,551 shares of the company’s stock valued at $1,392,000 after buying an additional 3,849 shares during the period.
Dean Foods Company (NYSE:DF) traded down 0.53% during trading on Friday, hitting $14.88. The stock had a trading volume of 1,309,598 shares. The firm’s 50 day moving average is $16.45 and its 200 day moving average is $18.47. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 19.25 and a beta of 0.54. Dean Foods Company has a 1-year low of $14.65 and a 1-year high of $22.31.
Dean Foods (NYSE:DF) last released its earnings results on Tuesday, May 9th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.17 by $0.04. The firm had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.96 billion. Dean Foods had a return on equity of 19.34% and a net margin of 0.91%. Dean Foods’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the company posted $0.45 EPS. On average, analysts anticipate that Dean Foods Company will post $1.29 earnings per share for the current year.
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Several research analysts have issued reports on DF shares. Zacks Investment Research cut Dean Foods from a “hold” rating to a “sell” rating in a research report on Tuesday, April 11th. Jefferies Group LLC reiterated a “buy” rating and issued a $24.00 price objective on shares of Dean Foods in a research report on Wednesday, April 26th. TheStreet cut Dean Foods from a “b” rating to a “c+” rating in a research report on Tuesday, May 9th. Wells Fargo & Company reissued an “outperform” rating and issued a $25.00 target price (up previously from $24.50) on shares of Dean Foods in a report on Monday, May 15th. Finally, ValuEngine lowered Dean Foods from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Four research analysts have rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $18.71.
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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