WhiteWave Foods Co (WWAV) : Boussard Gavaudan Investment Management Llp has sold out all of its stake in WhiteWave Foods Co during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 50,000 shares of WhiteWave Foods Co which is valued at $2,787,500.
Other Hedge Funds, Including , Diam Ltd. reduced its stake in WWAV by selling 883 shares or 2.65% in the most recent quarter. The Hedge Fund company now holds 32,452 shares of WWAV which is valued at $1,809,199. WhiteWave Foods Co makes up approx 0.03% of Diam Ltd.’s portfolio. Cornerstone Advisors added WWAV to its portfolio by purchasing 553 company shares during the most recent quarter which is valued at $30,597. WhiteWave Foods Co makes up approx 0.03% of Cornerstone Advisors’s portfolio.Nisa Investment Advisors boosted its stake in WWAV in the latest quarter, The investment management firm added 2,000 additional shares and now holds a total of 7,439 shares of WhiteWave Foods Co which is valued at $414,352. WhiteWave Foods Co makes up approx 0.01% of Nisa Investment Advisors’s portfolio.
WhiteWave Foods Co closed down -0.03 points or -0.05% at $55.56 with 13,03,410 shares getting traded on Monday. Post opening the session at $55.6, the shares hit an intraday low of $55.56 and an intraday high of $55.71 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, WhiteWave Foods Co reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 9, 2016. Analyst had a consensus of $0.30. The company had revenue of $1050.00 million for the quarter, compared to analysts expectations of $1041.00 million. The company’s revenue was up 13.6% 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 Downgraded by CLSA to ” Underperform” on Aug 10, 2016. Company shares were Downgraded by DA Davidson on Aug 10, 2016 to ” Neutral”, Firm has raised the Price Target to $ 56.25 from a previous price target of $55 .WhiteWave Foods Co was Downgraded by Morgan Stanley to ” Equal-Weight” on Aug 10, 2016.
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.