Denver Investment Advisors buys $49.1 Million stake in Dean Foods Co (DF)

Dean Foods Co (DF) : Denver Investment Advisors scooped up 11,157 additional shares in Dean Foods Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 12, 2016. The investment management firm now holds a total of 2,643,072 shares of Dean Foods Co which is valued at $49.1 Million.Dean Foods Co makes up approximately 2.20% of Denver Investment Advisors’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in DF in the latest quarter, The investment management firm added 364,729 additional shares and now holds a total of 655,153 shares of Dean Foods Co which is valued at $12.2 Million. Dean Foods Co makes up approx 0.01% of Ubs Asset Management Americas Inc’s portfolio. C M Bidwell Associates Ltd added DF to its portfolio by purchasing 8,925 company shares during the most recent quarter which is valued at $165,827. Dean Foods Co makes up approx 0.04% of C M Bidwell Associates Ltd’s portfolio.Alambic Investment Management reduced its stake in DF by selling 2,400 shares or 3.58% in the most recent quarter. The Hedge Fund company now holds 64,550 shares of DF which is valued at $1.2 Million. Dean Foods Co makes up approx 0.38% of Alambic Investment Management’s portfolio. Old Mutual Global Investors (uk) Ltd. added DF to its portfolio by purchasing 542,652 company shares during the most recent quarter which is valued at $9.8 Million. Dean Foods Co makes up approx 0.20% of Old Mutual Global Investors (uk) Ltd.’s portfolio.Municipal Employees’ Retirement System Of Michigan boosted its stake in DF in the latest quarter, The investment management firm added 360 additional shares and now holds a total of 30,570 shares of Dean Foods Co which is valued at $552,400. Dean Foods Co makes up approx 0.04% of Municipal Employees’ Retirement System Of Michigan’s portfolio.

Dean Foods Co opened for trading at $17.94 and hit $18.155 on the upside on Friday, eventually ending the session at $18.02, with a gain of 0.61% or 0.11 points. The heightened volatility saw the trading volume jump to 12,68,552 shares. Company has a market cap of $1,653,623 M.

On the company’s financial health, Dean Foods Co reported $0.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.38. The company had revenue of $1878.80 million for the quarter, compared to analysts expectations of $1876.66 million. The company’s revenue was down -8.4 % 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 Dean Foods Co. Dean Foods Co was Downgraded by BB&T Capital Mkts to ” Hold” on Feb 23, 2016.

Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk and other dairy case products in the United States. It manufactures markets and distributes a variety of branded and private label dairy case products including fluid milk ice cream cultured dairy products creamers juice tea ice cream mix and other dairy products to retailers distributors foodservice outlets educational institutions and Governmental entities across the United States. The Company delivers its products to customer locations in refrigerated trucks or trailers that it owns or leases. Its products are sold on a local or regional basis through local and regional sales forces. The Company operates approximately 68 manufacturing facilities in 32 states located based on customer needs and other market factors with distribution capabilities across 50 states. Its portfolio of brands include TruMoo Alta Dena Berkeley Farms Country Fresh and Dean’s among others.

Leave a Reply

Dean Foods Co - Is it time to Sell?

Top Brokerage Firms are advising their investors on Dean Foods Co. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.