Gargoyle Investment Advisor L.L.C. Has $487,000 Position in Dean Foods Co. (DF)
Gargoyle Investment Advisor L.L.C. continued to hold its position in Dean Foods Co. (NYSE:DF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,914 shares of the company’s stock at the end of the second quarter. Gargoyle Investment Advisor L.L.C.’s holdings in Dean Foods were worth $487,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Aperio Group LLC raised its position in Dean Foods by 0.6% in the first quarter. Aperio Group LLC now owns 41,356 shares of the company’s stock worth $716,000 after buying an additional 245 shares during the last quarter. Virginia Retirement System purchased a new position in Dean Foods during the first quarter worth about $397,000. Teachers Advisors Inc. raised its position in Dean Foods by 58.0% in the first quarter. Teachers Advisors Inc. now owns 1,324,921 shares of the company’s stock worth $22,948,000 after buying an additional 486,559 shares during the last quarter. Prudential Financial Inc. raised its position in Dean Foods by 105.3% in the first quarter. Prudential Financial Inc. now owns 320,217 shares of the company’s stock worth $5,546,000 after buying an additional 164,240 shares during the last quarter. Finally, BlackRock Inc. raised its position in Dean Foods by 2.1% in the first quarter. BlackRock Inc. now owns 37,260 shares of the company’s stock worth $646,000 after buying an additional 776 shares during the last quarter.
Shares of Dean Foods Co. (NYSE:DF) traded up 1.04% during trading on Thursday, reaching $16.51. 1,074,795 shares of the company traded hands. The stock has a market capitalization of $1.49 billion, a PE ratio of 13.69 and a beta of 0.36. Dean Foods Co. has a 12 month low of $15.69 and a 12 month high of $21.17. The company has a 50-day moving average of $16.57 and a 200-day moving average of $17.56.
Dean Foods (NYSE:DF) last issued its earnings results on Monday, August 8th. The company reported $0.38 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by $0.02. The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.84 billion. Dean Foods had a return on equity of 24.57% and a net margin of 1.43%. Dean Foods’s quarterly revenue was down 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 earnings per share. Analysts forecast that Dean Foods Co. will post $1.56 earnings per share for the current fiscal year.
A number of analysts have weighed in on the stock. Jefferies Group reissued a “buy” rating and issued a $23.00 price target on shares of Dean Foods in a report on Wednesday, July 20th. Zacks Investment Research downgraded shares of Dean Foods from a “buy” rating to a “hold” rating in a report on Monday, August 1st. Credit Suisse Group AG reissued a “sell” rating on shares of Dean Foods in a report on Tuesday, August 9th. Finally, TheStreet downgraded shares of Dean Foods from a “buy” rating to a “hold” rating in a report on Wednesday, August 10th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. Dean Foods has an average rating of “Hold” and an average target price of $20.62.
In other Dean Foods news, Director J Wayne Mailloux sold 3,924 shares of the company’s stock in a transaction on Monday, July 11th. The shares were sold at an average price of $19.66, for a total value of $77,145.84. Following the transaction, the director now directly owns 105,230 shares in the company, valued at $2,068,821.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.30% of the stock is currently owned by company insiders.
About Dean Foods
Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk and other dairy case products in the United States. The Company operates through manufacturing, marketing, selling and distributing a wide variety of branded and private label dairy case product segment.
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