Dean Foods Company (NYSE:DF) announced its earnings results on Tuesday. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.30 by $0.09, Bloomberg Earnings reports. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.94 billion. Dean Foods had a return on equity of 19.34% and a net margin of 0.91%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.38 earnings per share.

Dean Foods (NYSE DF) traded down 19.806% on Tuesday, hitting $12.005. The stock had a trading volume of 3,668,101 shares. The stock’s 50-day moving average is $16.45 and its 200-day moving average is $18.47. Dean Foods has a 52-week low of $11.90 and a 52-week high of $22.31. The company has a market cap of $1.09 billion, a P/E ratio of 15.530 and a beta of 0.54.

Several brokerages recently issued reports on DF. Jefferies Group LLC reaffirmed a “buy” rating and set a $24.00 target price on shares of Dean Foods in a research report on Wednesday, April 26th. Zacks Investment Research lowered Dean Foods from a “hold” rating to a “sell” rating in a research report on Tuesday, April 11th. TheStreet lowered Dean Foods from a “b” rating to a “c+” rating in a research report on Tuesday, May 9th. ValuEngine lowered Dean Foods from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Wells Fargo & Company reaffirmed an “outperform” rating and set a $25.00 target price (up from $24.50) on shares of Dean Foods in a research report on Monday, May 15th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $18.71.

Several hedge funds have recently bought and sold shares of the company. BlackRock Inc. raised its stake in Dean Foods by 12,150.7% in the first quarter. BlackRock Inc. now owns 11,254,859 shares of the company’s stock worth $221,271,000 after buying an additional 11,162,988 shares in the last quarter. American Century Companies Inc. raised its stake in Dean Foods by 474.7% in the first quarter. American Century Companies Inc. now owns 2,264,750 shares of the company’s stock worth $44,525,000 after buying an additional 1,870,672 shares in the last quarter. Point72 Asset Management L.P. raised its stake in 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 worth $22,785,000 after buying an additional 1,008,942 shares in the last quarter. FMR LLC raised its stake in Dean Foods by 87.9% in the first quarter. FMR LLC now owns 1,919,576 shares of the company’s stock worth $37,739,000 after buying an additional 897,824 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its stake in 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 worth $24,779,000 after buying an additional 671,195 shares in the last quarter.

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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.

Earnings History for Dean Foods (NYSE:DF)

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