Vertical Group lowered shares of Dean Foods Company (NYSE:DF) from a buy rating to a hold rating in a research report released on Thursday morning.

Several other analysts have also issued reports on DF. J P Morgan Chase & Co lowered Dean Foods from an overweight rating to a neutral rating and lowered their target price for the company from $16.00 to $12.00 in a research note on Tuesday, August 8th. BMO Capital Markets restated a market perform rating and issued a $15.00 target price (down from $20.00) on shares of Dean Foods in a research note on Wednesday, August 9th. Stephens lowered Dean Foods from an overweight rating to an equal weight rating and set a $22.00 target price on the stock. in a research note on Tuesday, August 8th. Sanford C. Bernstein lowered Dean Foods from a market perform rating to an underperform rating and lowered their target price for the company from $18.00 to $13.00 in a research note on Thursday, July 27th. Finally, Wells Fargo & Company lowered Dean Foods from an outperform rating to a market perform rating and lowered their target price for the company from $25.00 to $12.00 in a research note on Wednesday, August 9th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. Dean Foods currently has a consensus rating of Hold and an average price target of $15.40.

Dean Foods (NYSE:DF) opened at 12.24 on Thursday. The firm has a 50-day moving average price of $15.37 and a 200-day moving average price of $18.11. The firm has a market capitalization of $1.11 billion, a price-to-earnings ratio of 20.07 and a beta of 0.54. Dean Foods has a one year low of $11.19 and a one year high of $22.31.

Dean Foods (NYSE:DF) last issued its earnings results on Tuesday, August 8th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.09. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.94 billion. Dean Foods had a net margin of 0.70% and a return on equity of 16.63%. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.38 earnings per share. Analysts expect that Dean Foods will post $0.82 EPS for the current year.

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The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Monday, August 21st will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.94%. The ex-dividend date is Thursday, August 17th. Dean Foods’s payout ratio is 60.00%.

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Dean Foods by 4.9% in the first quarter. Vanguard Group Inc. now owns 11,508,667 shares of the company’s stock valued at $226,260,000 after buying an additional 536,720 shares during the last quarter. BlackRock Inc. boosted its position in Dean Foods by 1.2% in the second quarter. BlackRock Inc. now owns 11,384,396 shares of the company’s stock valued at $193,534,000 after buying an additional 129,537 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Dean Foods by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 4,919,927 shares of the company’s stock valued at $83,640,000 after buying an additional 156,044 shares during the last quarter. FMR LLC boosted its position in Dean Foods by 56.2% in the second quarter. FMR LLC now owns 2,998,781 shares of the company’s stock valued at $50,979,000 after buying an additional 1,079,205 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in Dean Foods by 10.5% in the second quarter. Ameriprise Financial Inc. now owns 2,724,274 shares of the company’s stock valued at $46,313,000 after buying an additional 259,880 shares during the last quarter.

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.

Analyst Recommendations for Dean Foods (NYSE:DF)

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