Worldwide

OppenheimerFunds Inc. Has $2.29 Million Stake in Dean Foods Co (DF)

Macquarie Group Ltd. now owns 433,116 shares of the company's stock worth $5,007,000 after acquiring an additional 219,216 shares during the period.

Several other large investors also recently made changes to their positions in DF. Dean Foods's revenue was down 4.1% compared to the same quarter past year. 1,334,250 shares of the company's stock were exchanged, compared to its average volume of 2,300,000. Crossmark Global Holdings Inc. purchased a new position in shares of Dean Foods in the 3rd quarter valued at $164,000. Macquarie Group Ltd. grew its stake in shares of Dean Foods by 102.5% during the 4th quarter.

In other news, SVP Jose A. Motta sold 8,733 shares of the stock in a transaction that occurred on Wednesday, March 7th. Dean Foods Company (NYSE:DF)'s price sits -10.16% off from its SMA 50 of $9.74 and -24.3% away from the SMA 200 which is at $10.54. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

In addition to a milk surplus and declining consumption volumes, Dean Foods added that competition for milk volume has increased, leading to higher-than-anticipated volume declines. The company has a quick ratio of 1.10, a current ratio of 1.52 and a debt-to-equity ratio of 1.39.

The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E. Dean Foods Company (NYSE:DF) has a current PEG of 0.

Shares of Dean Foods Company (NYSE:DF) now have an Average Brokerage Recommendation of 3, number of Recs in ABR is 8 while industry rank of the company by ABR is 238 out of 265. However the company's price to cash per share for most recent quarter stands at 0.18. Dean Foods Company (NYSE:DF)'s price to sales ratio for trailing twelve month stands at 0.11, whereas its price to book ratio for the most recent quarters is at 1.29. However the low revenue estimates for the company are $1.68 Billion versus high revenue estimates of $2 Billion. During the same quarter previous year, the firm earned $0.38 earnings per share.

Having a peek at growth estimates of the company, Dean Foods Company (NYSE:DF) has current quarter growth estimates of -15.4% however it has -28.6% estimations over growth for the next quarter.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 28th. Stockholders of record on Monday, March 19th will be issued a $0.09 dividend. The ex-dividend date is Friday, March 16th. This represents a $0.36 annualized dividend and a dividend yield of 3.96%. Dean Foods Company (NYSE:DF)'s price to earnings ratio stood at 243.68.

A number of research analysts have recently issued reports on the company. Finally, Stifel Nicolaus lowered their price target on Dean Foods from $12.00 to $9.00 and set a "hold" rating for the company in a report on Tuesday, February 27th. Credit Suisse Group decreased their price objective on Dean Foods from $10.00 to $8.50 and set an underperform rating on the stock in a report on Wednesday, November 8th. Stephens restated a "hold" rating on shares of Dean Foods in a research note on Tuesday, February 27th. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock.

Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $9.69 on the stock, this valuation is based on 12 number of opinions.

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Dean Foods Company (NYSE:DF) has an ABR of 3 which is the combined stock view of 8 analysts poll results.

Farmers in Indiana, Ohio, Kentucky, Pennsylvania, Tennessee, New York, North Carolina, and SC received letters last week stating that the processor would no longer be buying their milk as of May 31. It is engaged in manufacturing, marketing, selling and distributing a range of branded and private label dairy and dairy case products.



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