Dean Foods (DF) Trading Up 7.5%

Dean Foods Co (NYSE:DF) was up 7.5% on Monday . The company traded as high as $2.38 and last traded at $2.30. Approximately 5,548,021 shares changed hands during trading, an increase of 151% from the average daily volume of 2,213,112 shares. The stock had previously closed at $2.14.

A number of equities research analysts have weighed in on DF shares. BMO Capital Markets decreased their target price on shares of Dean Foods from $7.00 to $5.00 and set a “market perform” rating for the company in a research note on Thursday, February 28th. JPMorgan Chase & Co. raised shares of Dean Foods from an “underweight” rating to a “neutral” rating in a research report on Friday, March 8th. Finally, Credit Suisse Group set a $3.00 price objective on shares of Dean Foods and gave the company a “sell” rating in a research report on Thursday, February 28th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Dean Foods presently has an average rating of “Hold” and a consensus target price of $6.29.

The company has a debt-to-equity ratio of 2.88, a quick ratio of 0.94 and a current ratio of 1.30. The stock has a market cap of $201.76 million, a PE ratio of -4.89 and a beta of 0.42.

Dean Foods (NYSE:DF) last issued its quarterly earnings data on Wednesday, February 27th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.23). Dean Foods had a negative net margin of 4.22% and a negative return on equity of 7.87%. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the previous year, the firm earned $0.25 EPS. The company’s revenue was down .3% on a year-over-year basis. As a group, equities analysts anticipate that Dean Foods Co will post -0.39 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of DF. Norges Bank bought a new position in Dean Foods in the 4th quarter worth $6,971,000. SG Americas Securities LLC boosted its holdings in Dean Foods by 100.9% in the 4th quarter. SG Americas Securities LLC now owns 13,862 shares of the company’s stock worth $53,000 after buying an additional 1,591,078 shares during the period. BlackRock Inc. boosted its holdings in Dean Foods by 3.7% in the 4th quarter. BlackRock Inc. now owns 14,277,006 shares of the company’s stock worth $54,396,000 after buying an additional 511,064 shares during the period. Deutsche Bank AG boosted its holdings in Dean Foods by 210.5% in the 4th quarter. Deutsche Bank AG now owns 696,440 shares of the company’s stock worth $2,650,000 after buying an additional 472,169 shares during the period. Finally, BlueMountain Capital Management LLC boosted its holdings in Dean Foods by 731.3% in the 3rd quarter. BlueMountain Capital Management LLC now owns 500,977 shares of the company’s stock worth $3,557,000 after buying an additional 440,716 shares during the period. 88.90% of the stock is owned by institutional investors.

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About Dean Foods (NYSE:DF)

Dean Foods Co engages in the manufacture, sale and direct-to-store distribution of fluid milk and other dairy & dairy case products. Its portfolio include the DairyPure and TruMoo brands, along with other regional dairy brands such as Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Friendly’s, Garelick Farms, LAND O LAKES milk and cultured products, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G.

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