WhiteWave Foods Co (WWAV) : Weaver C. Barksdale Associates reduced its stake in WhiteWave Foods Co by 0.05% during the most recent quarter end. The investment management company now holds a total of 59,519 shares of WhiteWave Foods Co which is valued at $2.3 Million after selling 28 shares in WhiteWave Foods Co according to a report filed by the company on Apr 5, 2016 with the SEC.WhiteWave Foods Co makes up approximately 1.74% of Weaver C. Barksdale Associates’s portfolio.
On the company’s financial health, WhiteWave Foods Co reported $0.36 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 11, 2016. Analyst had a consensus of $0.34. The company had revenue of $1028.00 million for the quarter, compared to analysts expectations of $1038.24 million. The company’s revenue was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on WhiteWave Foods Co. WhiteWave Foods Co was Initiated by Atlantic Equities to “Overweight” on Apr 7, 2016. WhiteWave Foods Co was Downgraded by Credit Agricole to ” Outperform” on Apr 4, 2016. Shares were Reiterated by Wunderlich on Feb 12, 2016 to “Hold” and Lowered the Price Target to $ 39 from a previous price target of $42 .
WhiteWave Foods Co closed down -0.15 points or -0.39% at $38.79 with 12,94,805 shares getting traded on Monday. Post opening the session at $38.94, the shares hit an intraday low of $38.765 and an intraday high of $39.6 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
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 across North America and Europe. Its segments include Americas Foods & Beverages Americas Fresh Foods and Europe Foods & Beverages. It is engaged in the manufacturing marketing distribution and sale of plant-based beverages in China. In North America it distributes the brands including Silk and So Delicious plant-based foods and beverages; International Delight and LAND O LAKES coffee creamers and beverages; Horizon Organic dairy products and Earthbound Farm organic salads fruits and vegetables. Its plant-based foods and beverages brands in Europe include Alpro and Provamel. It sells its plant-based beverages in China under the Silk ZhiPuMoFang brand. In addition it also offers the Vega brand which includes plant-based nutrition products.