BNP Paribas Arbitrage SA cut its holdings in shares of Dean Foods Company (NYSE:DF) by 23.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 230,940 shares of the company’s stock after selling 70,109 shares during the quarter. BNP Paribas Arbitrage SA owned about 0.25% of Dean Foods worth $2,513,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DF. PNC Financial Services Group Inc. raised its holdings in shares of Dean Foods by 13.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock worth $111,000 after purchasing an additional 686 shares during the period. Thrivent Financial For Lutherans grew its stake in Dean Foods by 9.8% during the 1st quarter. Thrivent Financial For Lutherans now owns 16,990 shares of the company’s stock valued at $334,000 after purchasing an additional 1,510 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in Dean Foods by 12.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 10,561 shares of the company’s stock valued at $208,000 after purchasing an additional 1,145 shares in the last quarter. Capstone Asset Management Co. grew its stake in Dean Foods by 0.7% during the 2nd quarter. Capstone Asset Management Co. now owns 14,320 shares of the company’s stock valued at $243,000 after purchasing an additional 100 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in Dean Foods by 4.3% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 33,030 shares of the company’s stock valued at $562,000 after purchasing an additional 1,365 shares in the last quarter. Hedge funds and other institutional investors own 95.51% of the company’s stock.

Several research analysts have recently commented on the company. Wells Fargo & Company lowered Dean Foods from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $25.00 to $12.00 in a research report on Wednesday, August 9th. Sanford C. Bernstein lowered Dean Foods from a “market perform” rating to an “underperform” rating and decreased their target price for the stock from $18.00 to $13.00 in a research report on Thursday, July 27th. Jefferies Group LLC decreased their target price on Dean Foods from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday, August 10th. Stephens lowered Dean Foods from an “overweight” rating to an “equal weight” rating and set a $22.00 target price for the company. in a research report on Tuesday, August 8th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $12.00 target price (down previously from $15.00) on shares of Dean Foods in a research report on Wednesday, November 8th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. Dean Foods has an average rating of “Hold” and a consensus price target of $13.06.

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Shares of Dean Foods Company (NYSE DF) opened at $10.16 on Wednesday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.93 and a current ratio of 1.28. The firm has a market capitalization of $929.84, a price-to-earnings ratio of 11.10, a price-to-earnings-growth ratio of 0.95 and a beta of 0.53. Dean Foods Company has a 12 month low of $9.01 and a 12 month high of $22.31.

Dean Foods (NYSE:DF) last announced its earnings results on Tuesday, November 7th. The company reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. The firm had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.97 billion. Dean Foods had a return on equity of 14.04% and a net margin of 0.53%. The firm’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. equities research analysts expect that Dean Foods Company will post 0.81 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 5th. Stockholders of record on Monday, November 20th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend is Friday, November 17th. Dean Foods’s dividend payout ratio (DPR) is presently 78.26%.

Dean Foods Company Profile

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.

Institutional Ownership by Quarter for Dean Foods (NYSE:DF)

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