November 29, 2016 - By Louis Casey · 0 Comments
Whitewave Foods Co (NYSE:WWAV) institutional sentiment decreased to 0.51 in Q2 2016. Its down -0.61, from 1.12 in 2016Q1. The ratio has dropped, as 208 funds started new and increased holdings, while 186 sold and reduced their positions in Whitewave Foods Co. The funds in our partner’s database now possess: 145.67 million shares, up from 145.16 million shares in 2016Q1. Also, the number of funds holding Whitewave Foods Co in their top 10 holdings decreased from 6 to 4 for a decrease of 2. Sold All: 38 Reduced: 148 Increased: 156 New Position: 52.
The WhiteWave Foods Company is a consumer packaged food and beverage company. The company has a market cap of $9.74 billion. The Firm makes, markets, distributes and sells branded plant foods and beverages, coffee creamers and beverages, dairy products and organic produce. It has a 49.59 P/E ratio. The Company’s divisions include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.
The stock closed at $55.06 during the last session. It is down 33.64% since April 26, 2016 and is uptrending. It has outperformed by 28.38% the S&P500.
Analysts await WhiteWave Foods Co (NYSE:WWAV) to report earnings on February, 9. They expect $0.42 EPS, up 16.67% or $0.06 from last year’s $0.36 per share. WWAV’s profit will be $74.30 million for 32.77 P/E if the $0.42 EPS becomes a reality. After $0.35 actual EPS reported by WhiteWave Foods Co for the previous quarter, Wall Street now forecasts 20.00% EPS growth.
According to Zacks Investment Research, “The WhiteWave Foods Company is a consumer packaged food and beverage company. It manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products throughout North America and Europe. The Company’s products include soy milk, flavored creamers, organic milk, yogurt, cheese, butter, sour creams, and whipped creams. It serves the grocery and natural foods channels in the United States. The WhiteWave Foods Company is based in Dallas, Texas.”
Agf Investments America Inc. holds 3.97% of its portfolio in WhiteWave Foods Co for 186,566 shares. Shikiar Asset Management Inc owns 185,635 shares or 3.89% of their US portfolio. Moreover, Emerging Sovereign Group Llc has 3.85% invested in the company for 1.19 million shares. The California-based Bedell Frazier Investment Counseling Llc has invested 3.38% in the stock. Quantum Capital Management, a California-based fund reported 462,724 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 1 insider sale for $189,710 net activity.
Ratings analysis reveals 27% of Whitewave Foods Company (The)’s analysts are positive. Out of 26 Wall Street analysts rating Whitewave Foods Company (The), 7 give it “Buy”, 2 “Sell” rating, while 17 recommend “Hold”. The lowest target is $39 while the high is $58. The stock’s average target of $51.19 is -7.03% below today’s ($55.06) share price. WWAV was included in 53 notes of analysts from August 11, 2015. The stock of WhiteWave Foods Co (NYSE:WWAV) earned “Buy” rating by DA Davidson on Wednesday, May 11. The firm earned “Market Perform” rating on Wednesday, August 17 by Wells Fargo. The firm earned “Neutral” rating on Friday, July 8 by Atlantic Securities. As per Wednesday, May 11, the company rating was maintained by Wedbush. The stock has “Buy” rating given by Jefferies on Wednesday, December 16. The company was downgraded on Friday, September 4 by Zacks. Imperial Capital maintained the stock with “In-Line” rating in Thursday, August 13 report. The firm earned “Hold” rating on Wednesday, July 13 by Jefferies. Tigress Financial downgraded the stock to “Neutral” rating in Monday, July 11 report. DA Davidson downgraded WhiteWave Foods Co (NYSE:WWAV) rating on Wednesday, August 10. DA Davidson has “Neutral” rating and $56.25 price target.
The WhiteWave Foods Company, incorporated on July 17, 2012, is a consumer packaged food and beverage company. The Firm makes, markets, distributes and sells branded plant foods and beverages, coffee creamers and beverages, dairy products and organic produce throughout North America and Europe. The Firm also holds approximately 50% interest in a joint venture that makes, markets, distributes and sells plant beverages in China. The Company’s brands distributed in North America include Silk, Vega and So Delicious plant foods and beverages, International Delight and LAND O LAKES coffee creamers and beverages, Horizon Organic and Wallaby Organic dairy products, and Earthbound Farm organic salads, fruits and vegetables. The Company’s plant foods and beverages brands in Europe include Alpro and Provamel, and its plant beverages in China are sold under the Silk ZhiPuMoFang brand. The Company’s divisions include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.
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By Louis Casey