State of Alaska Department of Revenue decreased its stake in shares of WhiteWave Foods Co (NYSE:WWAV) by 58.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,804 shares of the company’s stock after selling 68,831 shares during the period. State of Alaska Department of Revenue’s holdings in WhiteWave Foods were worth $2,739,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. DnB Asset Management AS raised its stake in shares of WhiteWave Foods by 32.5% in the first quarter. DnB Asset Management AS now owns 35,903 shares of the company’s stock valued at $2,016,000 after buying an additional 8,800 shares during the period. Louisiana State Employees Retirement System raised its stake in shares of WhiteWave Foods by 2.3% in the first quarter. Louisiana State Employees Retirement System now owns 44,800 shares of the company’s stock valued at $2,516,000 after buying an additional 1,000 shares during the period. Capstone Asset Management Co. raised its stake in shares of WhiteWave Foods by 2.8% in the first quarter. Capstone Asset Management Co. now owns 20,258 shares of the company’s stock valued at $1,137,000 after buying an additional 560 shares during the period. Bank of Montreal Can raised its stake in shares of WhiteWave Foods by 30.7% in the first quarter. Bank of Montreal Can now owns 38,846 shares of the company’s stock valued at $2,181,000 after buying an additional 9,114 shares during the period. Finally, National Pension Service purchased a new stake in shares of WhiteWave Foods during the first quarter valued at $9,868,000. 80.60% of the stock is owned by hedge funds and other institutional investors.

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

WhiteWave Foods Co (NYSE:WWAV) remained flat at $56.24 during midday trading on Friday. WhiteWave Foods Co has a 1-year low of $39.49 and a 1-year high of $56.82. The company’s 50 day moving average price is $55.57 and its 200-day moving average price is $55.08.

COPYRIGHT VIOLATION NOTICE: “WhiteWave Foods Co (WWAV) Shares Sold by State of Alaska Department of Revenue” was originally published by Financial Market News and is owned by of Financial Market News. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this report can be viewed at http://www.financial-market-news.com/whitewave-foods-co-wwav-shares-sold-by-state-of-alaska-department-of-revenue/1406049/.

Several equities research analysts recently weighed in on WWAV shares. Zacks Investment Research raised WhiteWave Foods from a “sell” rating to a “hold” rating in a report on Thursday, December 29th. Jefferies Group LLC reissued a “hold” rating and issued a $56.00 price objective on shares of WhiteWave Foods in a report on Friday, April 7th. Three equities research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and one has issued a buy rating to the company’s stock. WhiteWave Foods has an average rating of “Hold” and an average price target of $54.48.

About WhiteWave Foods

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. It operates through two segments: Americas Foods & Beverages and Europe Foods & Beverages.

5 Day Chart for NYSE:WWAV

Want to see what other hedge funds are holding WWAV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WhiteWave Foods Co (NYSE:WWAV).

Receive News & Ratings for WhiteWave Foods Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WhiteWave Foods Co and related companies with MarketBeat.com's FREE daily email newsletter.