Nisa Investment Advisors LLC decreased its stake in Dean Foods Company (NYSE:DF) by 45.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,890 shares of the company’s stock after selling 5,000 shares during the period. Nisa Investment Advisors LLC’s holdings in Dean Foods were worth $100,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. increased its position in shares of Dean Foods by 12,150.7% in the first quarter. BlackRock Inc. now owns 11,254,859 shares of the company’s stock valued at $221,271,000 after buying an additional 11,162,988 shares during the period. American Century Companies Inc. increased its position in shares of Dean Foods by 474.7% in the first quarter. American Century Companies Inc. now owns 2,264,750 shares of the company’s stock valued at $44,525,000 after buying an additional 1,870,672 shares during the period. Point72 Asset Management L.P. increased its position in shares of Dean Foods by 672.6% in the first quarter. Point72 Asset Management L.P. now owns 1,158,942 shares of the company’s stock valued at $22,785,000 after buying an additional 1,008,942 shares during the period. FMR LLC increased its position in shares of Dean Foods by 87.9% in the first quarter. FMR LLC now owns 1,919,576 shares of the company’s stock valued at $37,739,000 after buying an additional 897,824 shares during the period. Finally, First Eagle Investment Management LLC increased its position in shares of Dean Foods by 113.9% in the first quarter. First Eagle Investment Management LLC now owns 1,260,380 shares of the company’s stock valued at $24,779,000 after buying an additional 671,195 shares during the period.

Shares of Dean Foods Company (NYSE DF) traded up 2.80% during mid-day trading on Friday, hitting $11.74. 819,997 shares of the company traded hands. The stock has a market capitalization of $1.07 billion, a PE ratio of 19.25 and a beta of 0.54. Dean Foods Company has a 1-year low of $11.19 and a 1-year high of $22.31. The firm’s 50 day moving average price is $14.72 and its 200-day moving average price is $17.88.

Dean Foods (NYSE:DF) last issued its earnings results on Tuesday, August 8th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by $0.09. The business had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Dean Foods had a return on equity of 16.63% and a net margin of 0.70%. Dean Foods’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.38 EPS. On average, equities research analysts forecast that Dean Foods Company will post $0.82 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 30th. Investors of record on Monday, August 21st will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.15%. The ex-dividend date is Thursday, August 17th. Dean Foods’s payout ratio is presently 60.00%.

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DF has been the subject of several research analyst reports. Morgan Stanley reiterated an “underweight” rating and set a $15.00 price target (down from $18.00) on shares of Dean Foods in a report on Tuesday, July 18th. Wells Fargo & Company reiterated an “outperform” rating and set a $25.00 price target (up from $24.50) on shares of Dean Foods in a report on Monday, May 15th. Zacks Investment Research upgraded shares of Dean Foods from a “sell” rating to a “hold” rating and set a $22.00 price target for the company in a report on Monday, April 24th. Credit Suisse Group reiterated an “underperform” rating and set a $14.00 price target (down from $18.00) on shares of Dean Foods in a report on Wednesday, July 12th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $24.00 price target on shares of Dean Foods in a report on Wednesday, April 26th. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $15.40.

About Dean Foods

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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Institutional Ownership by Quarter for Dean Foods (NYSE:DF)

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