KBC Group NV reduced its position in WhiteWave Foods Co. (NYSE:WWAV) by 8.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 130,426 shares of the company’s stock after selling 11,583 shares during the period. KBC Group NV’s holdings in WhiteWave Foods were worth $7,099,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Compagnie Lombard Odier SCmA increased its stake in shares of WhiteWave Foods by 322,857.1% in the second quarter. Compagnie Lombard Odier SCmA now owns 2,260,700 shares of the company’s stock worth $106,117,000 after buying an additional 2,260,000 shares during the period. First Trust Advisors LP boosted its position in WhiteWave Foods by 168.2% in the third quarter. First Trust Advisors LP now owns 1,982,133 shares of the company’s stock worth $107,887,000 after buying an additional 1,243,147 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its position in WhiteWave Foods by 228.6% in the second quarter. Public Employees Retirement Association of Colorado now owns 1,221,886 shares of the company’s stock worth $57,355,000 after buying an additional 850,037 shares in the last quarter. Fiera Capital Corp boosted its position in WhiteWave Foods by 1,527.2% in the second quarter. Fiera Capital Corp now owns 813,587 shares of the company’s stock worth $38,190,000 after buying an additional 763,587 shares in the last quarter. Finally, FMR LLC boosted its position in WhiteWave Foods by 19.9% in the second quarter. FMR LLC now owns 3,717,245 shares of the company’s stock worth $174,487,000 after buying an additional 616,123 shares in the last quarter. Institutional investors own 81.93% of the company’s stock.

Institutional Ownership by Quarter for WhiteWave Foods (NYSE:WWAV)

Shares of WhiteWave Foods Co. (NYSE:WWAV) traded up 0.09% during midday trading on Wednesday, reaching $55.15. The company’s stock had a trading volume of 935,531 shares. The stock has a market capitalization of $9.77 billion, a price-to-earnings ratio of 49.91 and a beta of 1.51. The company has a 50 day moving average of $54.36 and a 200-day moving average of $52.39. WhiteWave Foods Co. has a 52 week low of $31.40 and a 52 week high of $56.82.

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A number of research firms have recently commented on WWAV. cut WhiteWave Foods from an “outperform” rating to an “underperform” rating and upped their target price for the company from $47.00 to $56.25 in a research note on Wednesday, August 10th. DA Davidson cut WhiteWave Foods from a “buy” rating to a “neutral” rating and upped their target price for the company from $55.00 to $56.25 in a research note on Wednesday, August 10th. Morgan Stanley cut WhiteWave Foods from an “overweight” rating to an “equal weight” rating and set a $56.25 target price on the stock. in a research note on Tuesday, August 9th. Zacks Investment Research raised WhiteWave Foods from a “sell” rating to a “hold” rating in a research note on Friday, August 5th. Finally, Susquehanna reaffirmed a “buy” rating on shares of WhiteWave Foods in a research note on Monday, August 8th. Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $52.69.

WhiteWave Foods Company Profile

The WhiteWave Foods Company is a consumer packaged food and beverage company. The Company manufactures, markets, distributes and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy products and organic produce. Its segments include Americas Foods & Beverages, Americas Fresh Foods and Europe Foods & Beverages.

5 Day Chart for NYSE:WWAV

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