Gulf International Bank UK Ltd increased its stake in WhiteWave Foods Co (NYSE:WWAV) by 1.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,200 shares of the company’s stock after buying an additional 800 shares during the period. Gulf International Bank UK Ltd’s holdings in WhiteWave Foods were worth $3,043,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in WWAV. York Capital Management Global Advisors LLC bought a new stake in WhiteWave Foods during the third quarter valued at approximately $270,915,000. Arrowgrass Capital Partners US LP bought a new stake in WhiteWave Foods during the third quarter valued at approximately $268,032,000. Eton Park Capital Management L.P. raised its stake in WhiteWave Foods by 75.5% in the fourth quarter. Eton Park Capital Management L.P. now owns 5,862,231 shares of the company’s stock valued at $325,940,000 after buying an additional 2,521,326 shares in the last quarter. Norges Bank bought a new stake in WhiteWave Foods during the fourth quarter valued at approximately $79,383,000. Finally, Manikay Partners LLC raised its stake in WhiteWave Foods by 92.2% in the fourth quarter. Manikay Partners LLC now owns 2,710,000 shares of the company’s stock valued at $150,676,000 after buying an additional 1,300,000 shares in the last quarter. Institutional investors and hedge funds own 80.60% of the company’s stock.
WhiteWave Foods Co (NYSE:WWAV) opened at 56.24 on Friday. The firm has a 50-day moving average price of $55.57 and a 200-day moving average price of $55.08. WhiteWave Foods Co has a one year low of $39.49 and a one year high of $56.82.
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A number of brokerages have recently issued reports on WWAV. Zacks Investment Research lowered WhiteWave Foods from a “hold” rating to a “sell” rating in a research report on Saturday, January 7th. Jefferies Group LLC reiterated a “hold” rating and set a $56.00 target price on shares of WhiteWave Foods in a research report on Friday, April 7th. Three analysts have rated the stock with a sell rating, nineteen have issued a hold rating and one has assigned a buy rating to the company’s stock. WhiteWave Foods presently has a consensus rating of “Hold” and a consensus target price of $54.48.
WhiteWave Foods Company Profile
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. It operates through two segments: Americas Foods & Beverages and Europe Foods & Beverages.
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