WhiteWave Foods Co (WWAV) : Ameritas Investment Partners reduced its stake in WhiteWave Foods Co by 12.63% during the most recent quarter end. The investment management company now holds a total of 121,770 shares of WhiteWave Foods Co which is valued at $5.4 Million after selling 17,600 shares in WhiteWave Foods Co , the firm said in a disclosure report filed with the SEC on May 12, 2016.WhiteWave Foods Co makes up approximately 0.37% of Ameritas Investment Partners’s portfolio.
Other Hedge Funds, Including , Scotia Capital sold out all of its stake in WWAV during the most recent quarter. The investment firm sold 6,630 shares of WWAV which is valued $292,250.Amalgamated Bank boosted its stake in WWAV in the latest quarter, The investment management firm added 1,628 additional shares and now holds a total of 21,523 shares of WhiteWave Foods Co which is valued at $948,734. WhiteWave Foods Co makes up approx 0.09% of Amalgamated Bank’s portfolio.Teachers Advisors Inc reduced its stake in WWAV by selling 24,556 shares or 4.42% in the most recent quarter. The Hedge Fund company now holds 530,435 shares of WWAV which is valued at $21.7 Million. WhiteWave Foods Co makes up approx 0.04% of Teachers Advisors Inc’s portfolio.Stephens Investment Management Group boosted its stake in WWAV in the latest quarter, The investment management firm added 23,800 additional shares and now holds a total of 206,940 shares of WhiteWave Foods Co which is valued at $8.5 Million. WhiteWave Foods Co makes up approx 0.30% of Stephens Investment Management Group’s portfolio.Columbus Circle Investors reduced its stake in WWAV by selling 106,793 shares or 26.11% in the most recent quarter. The Hedge Fund company now holds 302,277 shares of WWAV which is valued at $12.4 Million. WhiteWave Foods Co makes up approx 0.11% of Columbus Circle Investors’s portfolio.
WhiteWave Foods Co opened for trading at $43.87 and hit $44.75 on the upside on Friday, eventually ending the session at $44.69, with a gain of 2.06% or 0.9 points. The heightened volatility saw the trading volume jump to 15,48,655 shares. Company has a market cap of $7,906 M.
On the company’s financial health, WhiteWave Foods Co reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.26. The company had revenue of $1040.00 million for the quarter, compared to analysts expectations of $1015.95 million. The company’s revenue was up 14.2% 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. Company shares were Reiterated by Wunderlich on May 18, 2016 to “Hold”, Firm has raised the Price Target to $ 42 from a previous price target of $39 .Company shares were Reiterated by Piper Jaffray on May 11, 2016 to “Overweight”, Firm has raised the Price Target to $ 51 from a previous price target of $43 .Company shares were Reiterated by Stifel on May 11, 2016 to “Buy”, Firm has raised the Price Target to $ 52 from a previous price target of $50 .
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.