The stock of Dean Foods Co (NYSE:DF) is a huge mover today! About 12.68 million shares traded hands or 867.94% up from the average. Dean Foods Co (NYSE:DF) has declined 1.88% since March 28, 2016 and is downtrending. It has underperformed by 6.59% the S&P500.
The move comes after 7 months positive chart setup for the $1.66B company. It was reported on Oct, 28 by Barchart.com. We have $28.62 PT which if reached, will make NYSE:DF worth $946.20M more.
Analysts await Dean Foods Co (NYSE:DF) to report earnings on November, 14. They expect $0.37 EPS, up 23.33% or $0.07 from last year’s $0.3 per share. DF’s profit will be $33.69 million for 12.32 P/E if the $0.37 EPS becomes a reality. After $0.38 actual EPS reported by Dean Foods Co for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth.
Dean Foods Co (NYSE:DF) Ratings Coverage
Out of 9 analysts covering Dean Foods (NYSE:DF), 3 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 33% are positive. Dean Foods has been the topic of 17 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by BB&T Capital given on Tuesday, February 23. The firm has “Neutral” rating given on Friday, December 11 by DA Davidson. The stock has “Neutral” rating given by JP Morgan on Friday, July 24. Morgan Stanley maintained Dean Foods Co (NYSE:DF) rating on Tuesday, November 10. Morgan Stanley has “Equal-Weight” rating and $19 price target. The stock of Dean Foods Co (NYSE:DF) earned “Buy” rating by Deutsche Bank on Wednesday, November 4. The stock of Dean Foods Co (NYSE:DF) earned “Underweight” rating by Morgan Stanley on Tuesday, December 8. As per Wednesday, December 16, the company rating was initiated by Jefferies. Credit Suisse downgraded it to “Underperform” rating and $19 target price in Tuesday, November 10 report. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, February 23 report. The rating was upgraded by Stephens to “Overweight” on Tuesday, January 12.
According to Zacks Investment Research, “Dean Foods Company is the nation’s leading processor and distributor of fresh milk and other dairy products, and a leader in the specialty foods industry. The company produces a full line of company-branded and private label dairy products such as milk and milk-based beverages, ice cream, coffee creamers, half and half, whipping cream, whipped toppings, sour cream, cottage cheese, yogurt, dips, dressings and soy milk.”
Insitutional Activity: The institutional sentiment increased to 1.41 in 2016 Q2. Its up 0.02, from 1.39 in 2016Q1. The ratio is positive, as 23 funds sold all Dean Foods Co shares owned while 72 reduced positions. 39 funds bought stakes while 95 increased positions. They now own 109.54 million shares or 0.43% more from 109.07 million shares in 2016Q1.
Hudock Group Ltd Limited Liability Company holds 251 shares or 0% of its portfolio. The Ohio-based Parkwood Ltd Liability Company has invested 0.03% in Dean Foods Co (NYSE:DF). Brc Inv Mgmt Lc holds 0.12% of its portfolio in Dean Foods Co (NYSE:DF) for 36,918 shares. Wellington Mngmt Gru Limited Liability Partnership holds 183,386 shares or 0% of its portfolio. Rainier Invest accumulated 409,490 shares or 0.36% of the stock. Cape Cod Five Cents Commercial Bank owns 15,000 shares or 0.05% of their US portfolio. Janney Montgomery Scott Ltd Co accumulated 10,130 shares or 0% of the stock. Nordea Inv Mngmt Ab has invested 0% of its portfolio in Dean Foods Co (NYSE:DF). Blackrock Inc holds 0% of its portfolio in Dean Foods Co (NYSE:DF) for 78,950 shares. First Citizens Financial Bank Tru holds 17,834 shares or 0.03% of its portfolio. Teachers Advsrs reported 1.32 million shares or 0.04% of all its holdings. Stifel Fincl has invested 0% of its portfolio in Dean Foods Co (NYSE:DF). Canada Pension Plan Investment Board accumulated 293,035 shares or 0.02% of the stock. Walleye Trading Ltd Limited Liability Company owns 6,160 shares or 0% of their US portfolio. Citadel Advsr Limited Liability Company last reported 1.25 million shares in the company.
Insider Transactions: Since July 11, 2016, the stock had 0 buys, and 1 insider sale for $77,146 net activity. Mailloux J Wayne also sold $77,146 worth of Dean Foods Co (NYSE:DF) shares.
More recent Dean Foods Co (NYSE:DF) news were published by: Dallasnews.com which released: “Dean Foods’ stock soars on news of a possible takeover bid for Dallas-based …” on October 28, 2016. Also Prnewswire.com published the news titled: “Dean Foods Company Announces Upcoming Webcast of Third Quarter 2016 Earnings …” on October 05, 2016. Ft.com‘s news article titled: “Wahaha seeks backing for possible Dean Foods takeover” with publication date: October 28, 2016 was also an interesting one.
DF Company Profile
Dean Foods Company, incorporated on September 19, 1994, is a food and beverage company. The Firm processes and distributes fluid milk and other dairy case products in the United States. The Firm operates through manufacturing, marketing, selling and distributing a wide variety of branded and private label dairy case product segment.
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