Vigilant Capital Management buys $9,973,596 stake in WhiteWave Foods Co (WWAV)

WhiteWave Foods Co (WWAV) : Vigilant Capital Management scooped up 135 additional shares in WhiteWave Foods Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 18, 2016. The investment management firm now holds a total of 179,575 shares of WhiteWave Foods Co which is valued at $9,973,596.WhiteWave Foods Co makes up approximately 1.85% of Vigilant Capital Management’s portfolio.

Other Hedge Funds, Including , Neville Rodie Shaw Inc boosted its stake in WWAV in the latest quarter, The investment management firm added 360 additional shares and now holds a total of 156,319 shares of WhiteWave Foods Co which is valued at $8,775,749. WhiteWave Foods Co makes up approx 1.02% of Neville Rodie Shaw Inc’s portfolio.Mazama Capital Management Inc boosted its stake in WWAV in the latest quarter, The investment management firm added 5,470 additional shares and now holds a total of 5,867 shares of WhiteWave Foods Co which is valued at $332,307. WhiteWave Foods Co makes up approx 0.07% of Mazama Capital Management Inc’s portfolio.Curian Capital reduced its stake in WWAV by selling 1,976 shares or 27.01% in the most recent quarter. The Hedge Fund company now holds 5,341 shares of WWAV which is valued at $302,514. WhiteWave Foods Co makes up approx 0.02% of Curian Capital’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in WWAV in the latest quarter, The investment management firm added 36,959 additional shares and now holds a total of 100,270 shares of WhiteWave Foods Co which is valued at $5,679,293. WhiteWave Foods Co makes up approx 0.03% of Bnp Paribas Arbitrage Sa’s portfolio.

WhiteWave Foods Co closed down -0.08 points or -0.14% at $55.54 with 42,77,473 shares getting traded on Wednesday. Post opening the session at $55.59, the shares hit an intraday low of $55.46 and an intraday high of $55.65 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, WhiteWave Foods Co reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on May 10, 2016. Analyst had a consensus of $0.26. The company had revenue of $1040.00 million for the quarter, compared to analysts expectations of $1015.95 million. The company’s revenue was up 14.2% 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. Jefferies Downgraded WhiteWave Foods Co on Jul 13, 2016 to ” Hold”, Price Target of the shares are set at $56.WhiteWave Foods Co was Downgraded by SunTrust to ” Neutral” on Jul 12, 2016. WhiteWave Foods Co was Downgraded by Stifel to ” Hold” on Jul 8, 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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