34,832 Shares in Dean Foods Co (DF) Acquired by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new position in Dean Foods Co (NYSE:DF) during the first quarter, Holdings Channel reports. The institutional investor bought 34,832 shares of the company’s stock, valued at approximately $685,000.

Several other hedge funds also recently modified their holdings of DF. Norges Bank acquired a new position in shares of Dean Foods during the fourth quarter worth about $29,200,000. Russell Investments Group Ltd. purchased a new position in shares of Dean Foods during the fourth quarter worth approximately $26,864,000. BlackRock Institutional Trust Company N.A. boosted its position in shares of Dean Foods by 21.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 5,007,151 shares of the company’s stock worth $82,117,000 after buying an additional 894,911 shares during the last quarter. Lombardia Capital Partners LLC purchased a new position in shares of Dean Foods during the third quarter worth approximately $13,223,000. Finally, Ameriprise Financial Inc. boosted its position in shares of Dean Foods by 29.8% in the third quarter. Ameriprise Financial Inc. now owns 2,845,219 shares of the company’s stock worth $46,663,000 after buying an additional 653,674 shares during the last quarter.

Institutional Ownership by Quarter for Dean Foods (NYSE:DF)

Dean Foods Co (NYSE:DF) traded up 0.56% during midday trading on Wednesday, reaching $19.59. The company’s stock had a trading volume of 188,034 shares. The stock has a market capitalization of $1.78 billion, a PE ratio of 14.93 and a beta of 0.28. The firm’s 50-day moving average price is $19.02 and its 200-day moving average price is $19.32. Dean Foods Co has a 52 week low of $15.69 and a 52 week high of $22.31.

Dean Foods (NYSE:DF) last announced its quarterly earnings results on Thursday, February 16th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.03. Dean Foods had a net margin of 1.37% and a return on equity of 24.87%. The company earned $2.02 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same quarter in the prior year, the company posted $0.36 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. On average, analysts anticipate that Dean Foods Co will post $1.40 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 29th. Investors of record on Monday, March 20th were issued a $0.09 dividend. The ex-dividend date of this dividend was Thursday, March 16th. This represents a $0.36 annualized dividend and a yield of 1.85%. Dean Foods’s dividend payout ratio is currently 31.30%.

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DF has been the subject of a number of research analyst reports. Vertical Research raised Dean Foods from a “hold” rating to a “buy” rating in a report on Tuesday, February 28th. Zacks Investment Research cut Dean Foods from a “buy” rating to a “hold” rating in a report on Tuesday, January 10th. Sanford C. Bernstein cut Dean Foods from an “outperform” rating to a “market perform” rating and increased their target price for the company from $21.31 to $22.00 in a report on Thursday, January 19th. Morgan Stanley raised Dean Foods from a “neutral” rating to an “overweight” rating in a report on Friday, March 17th. Finally, JPMorgan Chase & Co. raised Dean Foods from a “neutral” rating to an “overweight” rating and set a $22.00 target price for the company in a report on Friday, March 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $22.00.

In related news, Director J Wayne Mailloux sold 3,033 shares of the stock in a transaction on Monday, April 3rd. The stock was sold at an average price of $19.70, for a total value of $59,750.10. Following the completion of the sale, the director now directly owns 104,450 shares in the company, valued at approximately $2,057,665. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.30% of the stock is currently owned by corporate insiders.

Dean Foods Company Profile

Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products. It offers branded and private label dairy case products, including fluid milk, ice cream, cultured dairy products, creamers, ice cream mix and other dairy products to retailers, distributors, foodservice outlets, educational institutions and governmental entities across the United States.

5 Day Chart for NYSE:DF

Want to see what other hedge funds are holding DF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dean Foods Co (NYSE:DF).

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