WhiteWave Foods (WWAV) is Upgraded by Goldman to Neutral

WhiteWave Foods (WWAV) is Upgraded by Goldman to Neutral , according to the research report released to the investors. Earlier the firm had a rating of Sell on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-4-2016.

The WhiteWave Foods Company has dropped 2.99% during the last 3-month period . Year-to-Date the stock performance stands at 11.2%.

Whitewave Foods Company (The) (NYSE:WWAV) has dropped 2.73% during the past week, however, the bigger picture is still very bullish; the shares have posted positive gains of 0.78% in the last 4 weeks. The shares have underperformed the S&P 500 by 1.91% during the past week but Whitewave Foods Company (The) (NYSE:WWAV) has outperformed the index in 4 weeks by 3.13%.

Whitewave Foods Company (The) (NYSE:WWAV) : On Thursday heightened volatility was witnessed in Whitewave Foods Company (The) (NYSE:WWAV) which led to swings in the share price. The shares opened for trading at $38.7 and hit $39.4 on the upside , eventually ending the session at $38.91, with a gain of 0.39% or 0.15 points. The heightened volatility saw the trading volume jump to 1,392,725 shares. The 52-week high of the share price is $52.527 and the company has a market cap of $6,856 million. The 52-week low of the share price is at $32.37 .

Currently the company Insiders own 6.5% of Whitewave Foods Company (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -3.12% . Institutional Investors own 79.83% of Whitewave Foods Company (The) shares. During last six month period, the net percent change held by insiders has seen a change of -3.56%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Engles Gregg L, director officer (Chairman of the Board and) of Whitewave Foods Co, unloaded 75,000 shares at an average price of $40.27 on November 23, 2015. The total amount of the transaction was worth $3,020,250, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

The WhiteWave Foods Company, formerly WWF Operating Company, is a consumer packaged food and beverage company. The Company manufactures, markets, distributes, and sells plant-based foods and beverages, coffee creamers and beverages, and dairy products throughout North America and Europe. The Company operates in two segments: North America and Europe. The Companys brands distributed in North America include Silk plant-based foods and beverages, International Delight and LAND O LAKES coffee creamers and beverages, and Horizon Organic dairy products, while its European brands of plant-based foods and beverages include Alpro and Provamel. The North America segment offers products in the plant-based foods and beverages, coffee creamers and beverages, and dairy product categories throughout North America. Europe segment offers plant-based food and beverage products throughout Europe. On January 2, 2014, the Company acquired all the business of Earthbound Farm.