Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Dean Foods Co (NYSE:DF) by 73.9% in the 4th quarter, Holdings Channel reports. The firm owned 451,212 shares of the company’s stock after purchasing an additional 191,762 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Dean Foods were worth $1,719,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. lifted its position in Dean Foods by 3.7% in the fourth quarter. BlackRock Inc. now owns 14,277,006 shares of the company’s stock valued at $54,396,000 after acquiring an additional 511,064 shares during the last quarter. Vanguard Group Inc. lifted its position in Dean Foods by 1.2% in the third quarter. Vanguard Group Inc. now owns 9,614,972 shares of the company’s stock valued at $68,267,000 after acquiring an additional 111,113 shares during the last quarter. Vanguard Group Inc lifted its position in Dean Foods by 1.2% in the third quarter. Vanguard Group Inc now owns 9,614,972 shares of the company’s stock valued at $68,267,000 after acquiring an additional 111,113 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Dean Foods by 0.8% in the third quarter. Dimensional Fund Advisors LP now owns 7,682,596 shares of the company’s stock valued at $54,546,000 after acquiring an additional 63,583 shares during the last quarter. Finally, LSV Asset Management lifted its position in Dean Foods by 0.3% in the third quarter. LSV Asset Management now owns 4,475,144 shares of the company’s stock valued at $31,773,000 after acquiring an additional 12,100 shares during the last quarter. 87.31% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:DF opened at $3.00 on Friday. Dean Foods Co has a one year low of $2.73 and a one year high of $11.14. The company has a debt-to-equity ratio of 2.88, a current ratio of 1.30 and a quick ratio of 0.94. The stock has a market capitalization of $256.06 million, a PE ratio of -6.38 and a beta of 0.46.

Dean Foods (NYSE:DF) last announced its earnings results on Wednesday, February 27th. The company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.24). Dean Foods had a negative net margin of 4.22% and a negative return on equity of 7.87%. The business had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same period in the previous year, the company posted $0.25 earnings per share. Dean Foods’s quarterly revenue was down .3% on a year-over-year basis. As a group, sell-side analysts predict that Dean Foods Co will post -0.39 EPS for the current year.

A number of brokerages recently weighed in on DF. TheStreet cut shares of Dean Foods from a “c-” rating to a “d+” rating in a research report on Wednesday, November 21st. Credit Suisse Group set a $3.00 price target on shares of Dean Foods and gave the company a “sell” rating in a research report on Thursday, February 28th. BMO Capital Markets reduced their price target on shares of Dean Foods from $7.00 to $5.00 and set a “market perform” rating for the company in a research report on Thursday, February 28th. Finally, JPMorgan Chase & Co. raised shares of Dean Foods from an “underweight” rating to a “neutral” rating in a research report on Friday, March 8th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company. Dean Foods presently has an average rating of “Hold” and a consensus target price of $6.29.

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Dean Foods Profile

Dean Foods Company, a food and beverage company, processes and distributes milk, and other dairy and dairy case products in the United States. The company manufactures, markets, and distributes various branded and private label dairy, and diary case products, such as fluid milk, ice creams, cultured dairy products, creamers, ice cream mixes, and other dairy products; and juices, teas, bottled water, and other products.

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

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