ETRADE Capital Management LLC bought a new position in Dean Foods Company (NYSE:DF) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 10,140 shares of the company’s stock, valued at approximately $172,000.

A number of other hedge funds also recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its stake in Dean Foods by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 5,670 shares of the company’s stock worth $111,000 after acquiring an additional 686 shares during the period. Riverhead Capital Management LLC increased its position in Dean Foods by 62.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 7,128 shares of the company’s stock valued at $121,000 after purchasing an additional 2,728 shares during the period. LS Investment Advisors LLC increased its position in Dean Foods by 17.5% during the 2nd quarter. LS Investment Advisors LLC now owns 7,275 shares of the company’s stock valued at $124,000 after purchasing an additional 1,081 shares during the period. Nine Chapters Capital Management LLC purchased a new position in Dean Foods during the 2nd quarter valued at about $172,000. Finally, Jane Street Group LLC increased its position in Dean Foods by 6.4% during the 1st quarter. Jane Street Group LLC now owns 10,321 shares of the company’s stock valued at $203,000 after purchasing an additional 621 shares during the period.

Dean Foods Company (NYSE:DF) opened at 10.69 on Wednesday. Dean Foods Company has a 12 month low of $10.30 and a 12 month high of $22.31. The firm has a market capitalization of $971.88 million, a P/E ratio of 17.52 and a beta of 0.51. The stock’s 50 day moving average price is $11.05 and its 200-day moving average price is $15.98.

Dean Foods (NYSE:DF) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.09). The company had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Dean Foods had a net margin of 0.70% and a return on equity of 16.63%. During the same quarter in the previous year, the business posted $0.38 EPS. The business’s quarterly revenue was up 4.2% compared to the same quarter last year. Equities analysts forecast that Dean Foods Company will post $0.81 earnings per share for the current year.

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Several equities research analysts have recently weighed in on DF shares. Vertical Research cut shares of Dean Foods from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. J P Morgan Chase & Co downgraded shares of Dean Foods from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $16.00 to $12.00 in a research note on Tuesday, August 8th. Jefferies Group LLC cut their price objective on shares of Dean Foods from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, August 10th. Credit Suisse Group reissued an “underperform” rating and set a $14.00 price objective (down from $18.00) on shares of Dean Foods in a report on Wednesday, July 12th. Finally, Wells Fargo & Company downgraded shares of Dean Foods from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $25.00 to $12.00 in a research note on Wednesday, August 9th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $15.40.

Dean Foods Company 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.

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

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