Dean Foods Co (NYSE:DF) has received an average rating of “Hold” from the fifteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $13.06.
DF has been the subject of several research reports. Wells Fargo & Company downgraded Dean Foods from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $25.00 to $12.00 in a research report on Wednesday, August 9th. BMO Capital Markets restated a “market perform” rating and set a $15.00 target price (down previously from $20.00) on shares of Dean Foods in a research note on Wednesday, August 9th. Vertical Group cut Dean Foods from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Stifel Nicolaus reiterated a “buy” rating and issued a $13.00 price objective (down previously from $17.00) on shares of Dean Foods in a research note on Thursday, August 10th. Finally, Jefferies Group dropped their target price on Dean Foods from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Thursday, August 10th.
Several hedge funds and other institutional investors have recently modified their holdings of DF. Flinton Capital Management LLC grew its holdings 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 acquiring an additional 2,432 shares during the last quarter. Riverhead Capital Management LLC grew its holdings 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 acquiring an additional 2,728 shares during the last quarter. LS Investment Advisors LLC grew its holdings in shares of Dean Foods by 17.5% during the second quarter. LS Investment Advisors LLC now owns 7,275 shares of the company’s stock valued at $124,000 after buying an additional 1,081 shares in the last quarter. Advisor Group Inc. grew its holdings in shares of Dean Foods by 40.7% during the second quarter. Advisor Group Inc. now owns 7,857 shares of the company’s stock valued at $133,000 after buying an additional 2,271 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC purchased a new position in shares of Dean Foods during the third quarter valued at $141,000. Institutional investors and hedge funds own 94.16% of the company’s stock.
Dean Foods (NYSE:DF) opened at $11.44 on Thursday. Dean Foods has a fifty-two week low of $9.01 and a fifty-two week high of $22.31. The company has a current ratio of 1.28, a quick ratio of 0.93 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $1,050.06, a price-to-earnings ratio of 12.53, a PEG ratio of 1.07 and a beta of 0.59.
Dean Foods (NYSE:DF) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.20. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.97 billion. Dean Foods had a return on equity of 14.04% and a net margin of 0.53%. The company’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the company earned $0.37 EPS. research analysts expect that Dean Foods will post 0.81 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 5th. Investors of record on Monday, November 20th were issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date was Friday, November 17th. Dean Foods’s payout ratio is 78.26%.
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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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