Havens Advisors adds WhiteWave Foods Co (WWAV) to its portfolio

WhiteWave Foods Co (WWAV) : Havens Advisors added new position in WhiteWave Foods Co during the most recent quarter end. The investment management firm now holds 132,000 shares of WhiteWave Foods Co which is valued at $7,128,000 , the company said in a statement filed on Oct 13, 2016 with the SEC.WhiteWave Foods Co makes up approximately 5.70% of Havens Advisors’s portfolio.

Other Hedge Funds, Including , Gulf International Bank (uk) Ltd boosted its stake in WWAV in the latest quarter, The investment management firm added 3,800 additional shares and now holds a total of 53,400 shares of WhiteWave Foods Co which is valued at $2,883,600. WhiteWave Foods Co makes up approx 0.05% of Gulf International Bank (uk) Ltd’s portfolio.Weaver C. Barksdale Associates reduced its stake in WWAV by selling 25 shares or 6.49% in the most recent quarter. The Hedge Fund company now holds 360 shares of WWAV which is valued at $19,278. WhiteWave Foods Co makes up approx 0.03% of Weaver C. Barksdale Associates’s portfolio.Oregon Public Employees Retirement Fund boosted its stake in WWAV in the latest quarter, The investment management firm added 119 additional shares and now holds a total of 61,189 shares of WhiteWave Foods Co which is valued at $3,284,014. WhiteWave Foods Co makes up approx 0.07% of Oregon Public Employees Retirement Fund’s portfolio. Advisory Services Network sold out all of its stake in WWAV during the most recent quarter. The investment firm sold 350 shares of WWAV which is valued $18,893. Washington Trust Bank added WWAV to its portfolio by purchasing 57 company shares during the most recent quarter which is valued at $3,112.

WhiteWave Foods Co closed down -0.12 points or -0.22% at $53.55 with 48,02,506 shares getting traded on Tuesday. Post opening the session at $53.62, the shares hit an intraday low of $53.3 and an intraday high of $53.8 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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 Bernstein to ” Mkt Perform” on Sep 9, 2016. WhiteWave Foods Co was Downgraded by Wells Fargo to ” Market Perform” on Aug 17, 2016. WhiteWave Foods Co was Downgraded by CLSA to ” Underperform” 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.

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