Principal Financial Group Inc. decreased its holdings in Dean Foods Co (NYSE:DF) by 74.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 398,894 shares of the company’s stock after selling 1,184,950 shares during the period. Principal Financial Group Inc. owned approximately 0.44% of Dean Foods worth $4,340,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capstone Asset Management Co. raised its stake in shares of Dean Foods by 0.7% during the second quarter. Capstone Asset Management Co. now owns 14,320 shares of the company’s stock valued at $243,000 after purchasing an additional 100 shares during the period. Louisiana State Employees Retirement System raised its stake in shares of Dean Foods by 3.5% during the second quarter. Louisiana State Employees Retirement System now owns 23,700 shares of the company’s stock valued at $403,000 after purchasing an additional 800 shares during the period. ING Groep NV purchased a new stake in shares of Dean Foods during the second quarter valued at approximately $188,000. Texas Permanent School Fund raised its stake in shares of Dean Foods by 1.0% during the second quarter. Texas Permanent School Fund now owns 66,353 shares of the company’s stock valued at $1,128,000 after purchasing an additional 642 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Dean Foods by 13.2% during the second quarter. Sei Investments Co. now owns 271,345 shares of the company’s stock valued at $4,613,000 after purchasing an additional 31,537 shares during the period. Hedge funds and other institutional investors own 94.16% of the company’s stock.

Shares of Dean Foods Co (DF) opened at $11.28 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.28 and a debt-to-equity ratio of 1.33. The stock has a market cap of $1,027.29, a price-to-earnings ratio of 12.26, a P/E/G ratio of 1.05 and a beta of 0.59. Dean Foods Co has a 12 month low of $9.01 and a 12 month high of $22.31.

Dean Foods (NYSE:DF) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.97 billion. Dean Foods had a net margin of 0.53% and a return on equity of 14.04%. The business’s revenue was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.37 earnings per share. analysts expect that Dean Foods Co will post 0.81 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 5th. Investors of record on Monday, November 20th were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, November 17th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.19%. Dean Foods’s dividend payout ratio (DPR) is presently 78.26%.

A number of analysts have recently issued reports on the stock. ValuEngine lowered shares of Dean Foods from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Jefferies Group set a $16.00 price objective on shares of Dean Foods and gave the company a “buy” rating in a research note on Sunday, October 29th. Zacks Investment Research lowered shares of Dean Foods from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. Credit Suisse Group dropped their price objective on shares of Dean Foods from $10.00 to $8.50 and set an “underperform” rating on the stock in a research note on Wednesday, November 8th. Finally, Morgan Stanley dropped their price objective on shares of Dean Foods from $10.00 to $9.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 8th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $13.06.

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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)

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