Dean Foods Co (DF) : Qs Investors reduced its stake in Dean Foods Co by 3.7% during the most recent quarter end. The investment management company now holds a total of 1,460,353 shares of Dean Foods Co which is valued at $27,498,447 after selling 56,055 shares in Dean Foods Co , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Dean Foods Co makes up approximately 0.22% of Qs Investors’s portfolio.
Other Hedge Funds, Including , Jacobs Levy Equity Management Inc reduced its stake in DF by selling 22,200 shares or 8.3% in the most recent quarter. The Hedge Fund company now holds 245,306 shares of DF which is valued at $4,619,112. Dean Foods Co makes up approx 0.08% of Jacobs Levy Equity Management Inc’s portfolio.Huntington National Bank reduced its stake in DF by selling 3,155 shares or 57.17% in the most recent quarter. The Hedge Fund company now holds 2,364 shares of DF which is valued at $43,190.Rothschild Asset Management Inc boosted its stake in DF in the latest quarter, The investment management firm added 78,080 additional shares and now holds a total of 1,390,908 shares of Dean Foods Co which is valued at $25,397,980. Dean Foods Co makes up approx 0.45% of Rothschild Asset Management Inc’s portfolio.Louisiana State Employees Retirement System reduced its stake in DF by selling 1,000 shares or 4.1% in the most recent quarter. The Hedge Fund company now holds 23,400 shares of DF which is valued at $393,822. Dean Foods Co makes up approx 0.02% of Louisiana State Employees Retirement System’s portfolio.Acadian Asset Management reduced its stake in DF by selling 529,364 shares or 15.14% in the most recent quarter. The Hedge Fund company now holds 2,968,059 shares of DF which is valued at $49,655,627. Dean Foods Co makes up approx 0.25% of Acadian Asset Management’s portfolio.
Dean Foods Co opened for trading at $19.7 and hit $19.91 on the upside on Monday, eventually ending the session at $19.78, with a gain of 0.87% or 0.17 points. The heightened volatility saw the trading volume jump to 15,34,896 shares. Company has a market cap of $1,790 M.
On the company’s financial health, Dean Foods Co reported $0.37 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Nov 7, 2016. Analyst had a consensus of $0.36. The company had revenue of $1964.60 million for the quarter, compared to analysts expectations of $1966.02 million. The company’s revenue was down -3.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.
Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk and other dairy case products in the United States. It manufactures markets and distributes a variety of branded and private label dairy case products including fluid milk ice cream cultured dairy products creamers juice tea ice cream mix and other dairy products to retailers distributors foodservice outlets educational institutions and Governmental entities across the United States. The Company delivers its products to customer locations in refrigerated trucks or trailers that it owns or leases. Its products are sold on a local or regional basis through local and regional sales forces. The Company operates approximately 68 manufacturing facilities in 32 states located based on customer needs and other market factors with distribution capabilities across 50 states. Its portfolio of brands include TruMoo Alta Dena Berkeley Farms Country Fresh and Dean’s among others.