Trade Report: Today, UBS Asset Management Americas Inc. Sold shares of WhiteWave Foods Co. (WWAV)

Today, UBS Asset Management Americas Inc. Sold shares of WhiteWave Foods Co. (WWAV)

UBS Asset Management Americas Inc. decreased its stake in WhiteWave Foods Co. (NYSE:WWAV) by 19.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,450,431 shares of the company’s stock after selling 594,871 shares during the period. UBS Asset Management Americas Inc. owned approximately 1.38% of WhiteWave Foods worth $133,377,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Toronto Dominion Bank increased its position in shares of WhiteWave Foods by 24.2% in the third quarter. Toronto Dominion Bank now owns 1,837 shares of the company’s stock valued at $100,000 after buying an additional 358 shares during the period. Pacer Advisors Inc. increased its position in shares of WhiteWave Foods by 10.7% in the second quarter. Pacer Advisors Inc. now owns 2,218 shares of the company’s stock valued at $104,000 after buying an additional 215 shares during the period. Glenmede Trust Co. NA increased its position in shares of WhiteWave Foods by 42.4% in the second quarter. Glenmede Trust Co. NA now owns 2,349 shares of the company’s stock valued at $109,000 after buying an additional 700 shares during the period. Sphinx Trading LP bought a new position in shares of WhiteWave Foods during the third quarter valued at about $109,000. Finally, Mizuho Asset Management Co. Ltd. bought a new position in shares of WhiteWave Foods during the second quarter valued at about $112,000. Institutional investors own 73.47% of the company’s stock.

WhiteWave Foods Co. (NYSE:WWAV) traded up 0.0132% during trading on Friday, hitting $55.1273. 309,721 shares of the company’s stock traded hands. The company’s 50 day moving average is $54.32 and its 200-day moving average is $52.10. The stock has a market cap of $9.77 billion, a P/E ratio of 49.8890 and a beta of 1.51. WhiteWave Foods Co. has a 12 month low of $31.40 and a 12 month high of $56.82.

A number of analysts recently weighed in on the company. Zacks Investment Research upgraded WhiteWave Foods from a “hold” rating to a “buy” rating and set a $61.00 price objective for the company in a report on Tuesday, September 27th. Maxim Group upgraded WhiteWave Foods from a “hold” rating to a “buy” rating in a report on Tuesday, August 9th. Wedbush restated a “neutral” rating and issued a $56.25 price objective on shares of WhiteWave Foods in a report on Tuesday, August 9th. downgraded WhiteWave Foods from an “outperform” rating to an “underperform” rating and increased their price objective for the company from $47.00 to $56.25 in a report on Wednesday, August 10th. Finally, Argus downgraded WhiteWave Foods from a “buy” rating to a “sell” rating in a report on Wednesday, August 24th. Two equities research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and four have issued a buy rating to the company’s stock. WhiteWave Foods currently has a consensus rating of “Hold” and a consensus target price of $52.69.

WhiteWave Foods Company Profile

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