Cubist Systematic Strategies LLC lifted its holdings in Dean Foods Company (NYSE:DF) by 8,856.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 48,813 shares of the company’s stock after purchasing an additional 48,268 shares during the period. Cubist Systematic Strategies LLC owned about 0.05% of Dean Foods worth $830,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Flinton Capital Management LLC lifted its position in shares of Dean Foods by 60.6% in the 2nd quarter. Flinton Capital Management LLC now owns 6,448 shares of the company’s stock worth $110,000 after purchasing an additional 2,432 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Dean Foods by 13.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock worth $111,000 after purchasing an additional 686 shares during the period. Riverhead Capital Management LLC lifted its position in shares of Dean Foods by 62.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 7,128 shares of the company’s stock worth $121,000 after purchasing an additional 2,728 shares during the period. LS Investment Advisors LLC lifted its position in shares of Dean Foods by 17.5% in the 2nd quarter. LS Investment Advisors LLC now owns 7,275 shares of the company’s stock worth $124,000 after purchasing an additional 1,081 shares during the period. Finally, Advisor Group Inc. lifted its position in shares of Dean Foods by 40.7% in the 2nd quarter. Advisor Group Inc. now owns 7,857 shares of the company’s stock worth $133,000 after purchasing an additional 2,271 shares during the period.

WARNING: “Cubist Systematic Strategies LLC Increases Stake in Dean Foods Company (DF)” was originally published by Watch List News and is owned by of Watch List News. If you are viewing this article on another domain, it was illegally copied and republished in violation of U.S. and international trademark and copyright law. The legal version of this article can be viewed at https://www.watchlistnews.com/cubist-systematic-strategies-llc-increases-stake-in-dean-foods-company-df/1636316.html.

Several equities research analysts have recently weighed in on DF shares. BidaskClub cut shares of Dean Foods from a “sell” rating to a “strong sell” rating in a research report on Tuesday, June 27th. Credit Suisse Group reaffirmed an “underperform” rating and issued a $14.00 price target (down previously from $18.00) on shares of Dean Foods in a research report on Wednesday, July 12th. Zacks Investment Research raised shares of Dean Foods from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Morgan Stanley reaffirmed an “underweight” rating and issued a $15.00 price target (down previously from $18.00) on shares of Dean Foods in a research report on Tuesday, July 18th. Finally, Sanford C. Bernstein cut shares of Dean Foods from a “market perform” rating to an “underperform” rating and lowered their price target for the stock from $18.00 to $13.00 in a research report on Thursday, July 27th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. Dean Foods currently has a consensus rating of “Hold” and a consensus price target of $14.67.

Shares of Dean Foods Company (DF) opened at 10.56 on Tuesday. The stock has a market cap of $960.06 million, a PE ratio of 17.31 and a beta of 0.51. Dean Foods Company has a 52-week low of $10.30 and a 52-week high of $22.31. The company’s 50-day moving average is $10.86 and its 200-day moving average is $15.50.

Dean Foods (NYSE:DF) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.09). Dean Foods had a return on equity of 16.63% and a net margin of 0.70%. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm earned $0.38 EPS. The company’s revenue was up 4.2% on a year-over-year basis. Equities analysts anticipate that Dean Foods Company will post $0.81 EPS for the current year.

Dean Foods Profile

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.

Institutional Ownership by Quarter for Dean Foods (NYSE:DF)

Receive News & Ratings for Dean Foods Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dean Foods Company and related companies with Analyst Ratings Network's FREE daily email newsletter.