Agf Investments America buys $7,649,206 stake in WhiteWave Foods Co (WWAV)

WhiteWave Foods Co (WWAV) : Agf Investments America scooped up 18,232 additional shares in WhiteWave Foods Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 186,566 shares of WhiteWave Foods Co which is valued at $7,649,206.WhiteWave Foods Co makes up approximately 5.57% of Agf Investments America’s portfolio.

WhiteWave Foods Co opened for trading at $40.66 and hit $41.11 on the upside on Friday, eventually ending the session at $41, with a gain of 0.66% or 0.27 points. The heightened volatility saw the trading volume jump to 10,43,591 shares. Company has a market cap of $7,230 M.

Other Hedge Funds, Including , Kornitzer Capital Management Inc Ks reduced its stake in WWAV by selling 4,910 shares or 1.11% in the most recent quarter. The Hedge Fund company now holds 436,020 shares of WWAV which is valued at $17,876,820. WhiteWave Foods Co makes up approx 0.32% of Kornitzer Capital Management Inc Ks’s portfolio.Achievement Holdings reduced its stake in WWAV by selling 13,100 shares or 58.74% in the most recent quarter. The Hedge Fund company now holds 9,200 shares of WWAV which is valued at $369,932. WhiteWave Foods Co makes up approx 0.05% of Achievement Holdings’s portfolio.Huntington National Bank reduced its stake in WWAV by selling 66,115 shares or 78.08% in the most recent quarter. The Hedge Fund company now holds 18,565 shares of WWAV which is valued at $746,499. WhiteWave Foods Co makes up approx 0.02% of Huntington National Bank’s portfolio.Integrated Wealth Management reduced its stake in WWAV by selling 187 shares or 83.86% in the most recent quarter. The Hedge Fund company now holds 36 shares of WWAV which is valued at $1,455.Yhb Investment Advisors boosted its stake in WWAV in the latest quarter, The investment management firm added 15,600 additional shares and now holds a total of 72,090 shares of WhiteWave Foods Co which is valued at $2,913,157. WhiteWave Foods Co makes up approx 0.77% of Yhb Investment Advisors’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 .

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.

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