Dean Foods Co (NYSE:DF) CEO Eric Beringause purchased 100,000 shares of the stock in a transaction dated Friday, August 16th. The stock was purchased at an average cost of $0.81 per share, for a total transaction of $81,000.00. Following the completion of the purchase, the chief executive officer now directly owns 100,000 shares of the company’s stock, valued at $81,000. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

NYSE DF opened at $1.06 on Thursday. The stock’s fifty day moving average is $1.13 and its two-hundred day moving average is $2.10. The firm has a market capitalization of $81.65 million, a P/E ratio of -2.26 and a beta of 0.38. The company has a debt-to-equity ratio of 6.18, a quick ratio of 0.88 and a current ratio of 1.15. Dean Foods Co has a fifty-two week low of $0.72 and a fifty-two week high of $8.15.

Dean Foods (NYSE:DF) last released its quarterly earnings data on Tuesday, August 6th. The company reported ($0.36) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.27). The company had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.88 billion. Dean Foods had a negative return on equity of 41.64% and a negative net margin of 5.53%. The business’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.16 EPS. As a group, sell-side analysts forecast that Dean Foods Co will post -1.23 EPS for the current year.

A number of analysts have recently issued reports on DF shares. BMO Capital Markets set a $2.00 price target on Dean Foods and gave the stock a “hold” rating in a research note on Wednesday, August 7th. ValuEngine raised Dean Foods from a “hold” rating to a “buy” rating in a research note on Friday, August 16th. Finally, Zacks Investment Research raised Dean Foods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 30th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $4.00.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Dean Foods during the fourth quarter worth $6,971,000. BNP Paribas Arbitrage SA boosted its stake in Dean Foods by 30.8% during the first quarter. BNP Paribas Arbitrage SA now owns 60,560 shares of the company’s stock worth $183,000 after buying an additional 14,243 shares during the last quarter. Deutsche Bank AG boosted its stake in Dean Foods by 210.5% during the fourth quarter. Deutsche Bank AG now owns 696,440 shares of the company’s stock worth $2,650,000 after buying an additional 472,169 shares during the last quarter. Acadian Asset Management LLC boosted its stake in Dean Foods by 185.6% during the first quarter. Acadian Asset Management LLC now owns 384,737 shares of the company’s stock worth $1,166,000 after buying an additional 250,019 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Dean Foods by 5.8% during the fourth quarter. Geode Capital Management LLC now owns 918,586 shares of the company’s stock worth $3,499,000 after buying an additional 50,353 shares during the last quarter. 84.08% of the stock is currently owned by institutional investors.

About Dean Foods

Dean Foods Co engages in the manufacture, sale and direct-to-store distribution of fluid milk and other dairy & dairy case products. Its portfolio include the DairyPure and TruMoo brands, along with other regional dairy brands such as Alta Dena, Berkeley Farms, Country Fresh, Dean’s, Friendly’s, Garelick Farms, LAND O LAKES milk and cultured products, Lehigh Valley Dairy Farms, Mayfield, McArthur, Meadow Gold, Oak Farms, PET, T.G.

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