Dean Foods Company (NYSE:DF) Analyst's Long Term Pick

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BNP Paribas Arbitrage SA now owns 281,817 shares of the company's stock worth $5,098,000 after buying an additional 172,442 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of Dean Foods by 11.9% during the 3rd quarter. Alpha Windward LLC now owns 22,500 shares of the company's stock worth $407,000 after buying an additional 3,120 shares during the period. BMO Capital Markets reissued a market perform rating and set a $12.00 price objective (down from $15.00) on shares of Dean Foods in a report on Wednesday. State Street Corp now owns 3,251,809 shares of the company's stock valued at $55,278,000 after purchasing an additional 62,555 shares in the last quarter.

Shares of Dean Foods Co.

The biggest institutional shareholders in Dean Foods Company include Vanguard Group Inc which owns 11 million shares in the company valued at $180.23 million. The company's 50-day moving average price is $18.01 and its 200 day moving average price is $17.72.

The company's quick ratio for most recent quarter is 0.9 along with current ratio for most recent quarter of 1.2.

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Analysts await Dean Foods Company (NASDAQ:DF) to report earnings on Nov, 07 for the fiscal quarter ending Sep 2017. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.20.

Looking forward, for the quarter ending Dec-17, 9 analysts have a mean sales target of 1,979.99 million.

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Dean Foods also has plans to build the brand equity of its brands particularly DairyPure through new product innovation and improved marketing. During the same period in the previous year, the firm posted $0.37 earnings per share.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 5th. Investors of record on Monday, November 21st will be given a $0.09 dividend. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 3.20, which implies that analysts are generally neutral in their outlook for DF over the next year. The ex-dividend date is Friday, November 17th. Dean Foods's payout ratio is 78.26%. If you are reading this news story on another website, it was illegally stolen and republished in violation of United States and global copyright and trademark law. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2017/11/09/dean-foods-company-df-price-target-cut-to-9-00-by-analysts-at-morgan-stanley.html.

DF has been the topic of a number of research analyst reports. Dean Foods Company (NYSE:DF) has a market cap of $890.5 Million and the number of outstanding shares have been calculated 92.28 Million. Jefferies Group LLC set a $20.00 price target on Dean Foods and gave the stock a "buy" rating in a research report on Saturday, July 29th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company's 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 $11.5 on the stock, this valuation is based on 12 number of opinions.

Receive Dean Foods Company News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dean Foods Company with MarketBeat.com's FREE daily email newsletter. The Company processes and distributes fluid milk, and other dairy and dairy case products in the United States.

When asked by analysts about the progress of Dean Foods' partnership with Walmart to manufacture its private label milk brand, Scozzafava said that the in plant is going through "normal start-up glitches" and that it will not be able to meet its December 2017 launch date.

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