BMO Capital Markets Reiterates “Market Perform” Rating for Dean Foods (DF)
BMO Capital Markets reaffirmed their market perform rating on shares of Dean Foods (NYSE:DF) in a research note issued to investors on Tuesday morning. The firm currently has a $10.00 target price on the stock, down from their previous target price of $12.00.
Other research analysts have also issued research reports about the stock. Jefferies Group restated a buy rating and set a $13.00 target price on shares of Dean Foods in a research report on Monday, February 26th. Zacks Investment Research upgraded shares of Dean Foods from a hold rating to a buy rating and set a $13.00 target price on the stock in a research report on Thursday, January 18th. Vertical Group upgraded shares of Dean Foods from a hold rating to a buy rating in a research report on Monday, January 8th. Stifel Nicolaus decreased their target price on shares of Dean Foods from $12.00 to $9.00 and set a hold rating on the stock in a research report on Tuesday. Finally, ValuEngine downgraded shares of Dean Foods from a buy rating to a hold rating in a report on Friday, February 2nd. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company. The company has an average rating of Hold and an average target price of $12.15.
Dean Foods (DF) opened at $8.97 on Tuesday. Dean Foods has a 52-week low of $8.32 and a 52-week high of $20.10. The stock has a market cap of $800.44, a P/E ratio of 11.11, a price-to-earnings-growth ratio of 0.99 and a beta of 0.53. The company has a current ratio of 1.52, a quick ratio of 0.93 and a debt-to-equity ratio of 1.39.
Several institutional investors have recently modified their holdings of DF. Voya Investment Management LLC lifted its holdings in shares of Dean Foods by 15.5% during the 2nd quarter. Voya Investment Management LLC now owns 41,230 shares of the company’s stock worth $701,000 after acquiring an additional 5,543 shares during the period. State Street Corp lifted its holdings in shares of Dean Foods by 2.0% during the 2nd quarter. State Street Corp now owns 3,251,809 shares of the company’s stock worth $55,278,000 after acquiring an additional 62,555 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Dean Foods by 0.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 199,799 shares of the company’s stock worth $3,397,000 after acquiring an additional 1,165 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Dean Foods by 6.8% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 11,278 shares of the company’s stock worth $192,000 after acquiring an additional 717 shares during the period. Finally, Aperio Group LLC lifted its stake in Dean Foods by 53.7% in the 3rd quarter. Aperio Group LLC now owns 124,751 shares of the company’s stock valued at $1,357,000 after purchasing an additional 43,610 shares during the last quarter. 92.56% of the stock is owned by institutional investors.
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About Dean Foods
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.
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