Is Dean Foods Co (DF) a Good Stock To Buy?

Since Dean Foods Co (NYSE:DF) has weathered bearish sentiment from the aggregate hedge fund industry, it’s safe to say that there exists a select few hedgies that elected to cut their full holdings by the end of the third quarter. Interestingly, David Harding’s Winton Capital Management cashed in the biggest position of the “upper crust” of funds studied by Insider Monkey, totaling close to $7.5 million in stock, and Neil Chriss’s Hutchin Hill Capital was right behind this move, as the fund cut about $3.4 million worth of shares.

Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as Dean Foods Co (NYSE:DF) but similarly valued. We will take a look at Party City Holdco Inc (NYSE:PRTY), Werner Enterprises, Inc. (NASDAQ:WERN), Cambrex Corporation (NYSE:CBM), and Insperity Inc (NYSE:NSP). All of these stocks’ market caps are closest to DF’s market cap.

As you can see these stocks had an average of 15 funds with long positions and the average amount invested in these stocks was $90 million. That figure was $152 million in DF’s case. Cambrex Corporation (NYSE:CBM) is the most popular stock in this table. On the other hand Party City Holdco Inc (NYSE:PRTY) is the least popular one with only nine bullish hedge fund positions. Compared to these stocks Dean Foods Co (NYSE:DF) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.