Hudson Executive Capital Lp buys $43,311,170 stake in WhiteWave Foods Co (WWAV)

WhiteWave Foods Co (WWAV) : Hudson Executive Capital Lp scooped up 69,500 additional shares in WhiteWave Foods Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 785,334 shares of WhiteWave Foods Co which is valued at $43,311,170.WhiteWave Foods Co makes up approximately 14.81% of Hudson Executive Capital Lp’s portfolio.

Other Hedge Funds, Including , Wellington Shields Capital Management reduced its stake in WWAV by selling 5,000 shares or 15.07% in the most recent quarter. The Hedge Fund company now holds 28,186 shares of WWAV which is valued at $1,554,458. WhiteWave Foods Co makes up approx 0.27% of Wellington Shields Capital Management’s portfolio.Fox Run Management L.l.c. boosted its stake in WWAV in the latest quarter, The investment management firm added 5,100 additional shares and now holds a total of 11,600 shares of WhiteWave Foods Co which is valued at $644,264. WhiteWave Foods Co makes up approx 0.30% of Fox Run Management L.l.c.’s portfolio. Barrett Asset Management sold out all of its stake in WWAV during the most recent quarter. The investment firm sold 658 shares of WWAV which is valued $36,545.

WhiteWave Foods Co opened for trading at $55.4 and hit $55.66 on the upside on Thursday, eventually ending the session at $55.59, with a gain of 0.29% or 0.16 points. The heightened volatility saw the trading volume jump to 18,59,521 shares. Company has a market cap of $9,850 M.

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 Wells Fargo to ” Market Perform” on Aug 17, 2016. 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 .

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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