Cott Corp Que (COT) Market Value Rose While Adi Capital Management LLC Boosted Position

June 15, 2018 - By Richard Conner

Cott Corporation (NYSE:COT) LogoInvestors sentiment decreased to 0.82 in 2018 Q1. Its down 0.25, from 1.07 in 2017Q4. It is negative, as 20 investors sold COT shares while 47 reduced holdings. 20 funds opened positions while 35 raised stakes. 100.32 million shares or 1.45% more from 98.88 million shares in 2017Q4 were reported. Vanguard Incorporated has invested 0% in Cott Corporation (NYSE:COT). Deutsche Retail Bank Ag has 0.01% invested in Cott Corporation (NYSE:COT). Jones Collombin Counsel Inc reported 513,833 shares. Federated Pa has invested 0.02% in Cott Corporation (NYSE:COT). Banbury Ptnrs Limited Liability Corp reported 5.54% stake. Engineers Gate Manager Ltd Partnership holds 0.12% in Cott Corporation (NYSE:COT) or 118,049 shares. Peak6 Investments LP has 14,220 shares. Wells Fargo Mn holds 0.01% of its portfolio in Cott Corporation (NYSE:COT) for 1.87 million shares. Kennedy Cap invested 0.04% of its portfolio in Cott Corporation (NYSE:COT). Moreover, Neuberger Berman Ltd Liability Corp has 0% invested in Cott Corporation (NYSE:COT). Royal Financial Bank Of Canada has 0.04% invested in Cott Corporation (NYSE:COT) for 5.94 million shares. Employees Retirement Sys Of Texas has 65,000 shares. Dimensional Fund Limited Partnership, a Texas-based fund reported 897,322 shares. The New York-based Inverness Counsel Ltd Liability Company New York has invested 0.01% in Cott Corporation (NYSE:COT). 11,378 were accumulated by Citigroup.

Since March 8, 2018, it had 0 buys, and 3 selling transactions for $1.11 million activity. Shares for $557,200 were sold by Wells Jay. Poe Marni Morgan sold $475,200 worth of Cott Corporation (NYSE:COT) on Thursday, March 8.

Adi Capital Management Llc increased its stake in Cott Corp Que (COT) by 53.33% based on its latest 2018Q1 regulatory filing with the SEC. Adi Capital Management Llc bought 311,700 shares as the company’s stock rose 6.67% while stock markets declined. The institutional investor held 896,226 shares of the beverages (production and distribution) company at the end of 2018Q1, valued at $13.19M, up from 584,526 at the end of the previous reported quarter. Adi Capital Management Llc who had been investing in Cott Corp Que for a number of months, seems to be bullish on the $2.30B market cap company. The stock decreased 0.42% or $0.07 during the last trading session, reaching $16.45. About 717,956 shares traded. Cott Corporation (NYSE:COT) has risen 17.61% since June 15, 2017 and is uptrending. It has outperformed by 5.04% the S&P500.

Adi Capital Management Llc, which manages about $130.00M and $126.93 million US Long portfolio, decreased its stake in Extreme Networks Inc (NASDAQ:EXTR) by 1.12 million shares to 161,591 shares, valued at $1.79 million in 2018Q1, according to the filing.

Cott Corporation (NYSE:COT) Ratings Coverage

Among 5 analysts covering Cott Corp (NYSE:COT), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Cott Corp has $19 highest and $18.0 lowest target. $18.50’s average target is 12.46% above currents $16.45 stock price. Cott Corp had 6 analyst reports since January 4, 2018 according to SRatingsIntel. As per Friday, March 2, the company rating was maintained by BMO Capital Markets. The rating was upgraded by J.P. Morgan on Friday, June 1 to “Buy”. The rating was downgraded by Deutsche Bank to “Hold” on Monday, March 26. The company was upgraded on Thursday, May 10 by Jefferies. Jefferies maintained Cott Corporation (NYSE:COT) rating on Thursday, January 4. Jefferies has “Hold” rating and $18.0 target. The firm earned “Overweight” rating on Friday, June 1 by JP Morgan.

Cott Corporation (NYSE:COT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: