Were Analysts Bearish Cott Corporation (NYSE:COT) This Week?

November 10, 2018 - By Jeanette Kaplan

Cott Corporation (NYSE:COT) LogoInvestors sentiment increased to 1.2 in Q2 2018. Its up 0.38, from 0.82 in 2018Q1. It improved, as 11 investors sold Cott Corporation shares while 40 reduced holdings. 21 funds opened positions while 40 raised stakes. 99.47 million shares or 0.85% less from 100.32 million shares in 2018Q1 were reported.
Group One Trading L P accumulated 302 shares. Balyasny Asset Management Ltd Liability accumulated 532,102 shares or 0.04% of the stock. Shell Asset Mngmt Communication invested 0% of its portfolio in Cott Corporation (NYSE:COT). Manufacturers Life Ins The accumulated 158,392 shares. Inr Advisory Limited Liability Corp holds 0% or 416 shares in its portfolio. Rhode Island-based Washington has invested 0% in Cott Corporation (NYSE:COT). Thrivent Financial For Lutherans stated it has 0.13% in Cott Corporation (NYSE:COT). Td Asset Mngmt has invested 0.04% in Cott Corporation (NYSE:COT). Three Peaks Management Ltd Com reported 93,784 shares. Cidel Asset Management reported 1.19 million shares stake. Gotham Asset Management Ltd Liability Com reported 44,357 shares. Loomis Sayles & L P reported 0.06% of its portfolio in Cott Corporation (NYSE:COT). Ratan Management Limited Partnership holds 197,700 shares. Moreover, Swiss Natl Bank has 0% invested in Cott Corporation (NYSE:COT). National Bank & Trust Of Montreal Can reported 1.07 million shares.

Since August 20, 2018, it had 0 insider buys, and 1 insider sale for $550,192 activity.

Cott Corporation (NYSE:COT) Ratings Coverage

Among 2 analysts covering Cott Corp (NYSE:COT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cott Corp had 2 analyst reports since June 1, 2018 according to SRatingsIntel. JP Morgan maintained Cott Corporation (NYSE:COT) rating on Friday, June 1. JP Morgan has “Overweight” rating and $19 target. J.P. Morgan upgraded the shares of COT in report on Friday, June 1 to “Buy” rating. Below is a list of Cott Corporation (NYSE:COT) latest ratings and price target changes.

01/06/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Overweight Old Target: $14 New Target: $19 Reinstates
01/06/2018 Broker: J.P. Morgan Rating: Buy New Target: $19.0000 Upgrade

The stock decreased 1.01% or $0.16 during the last trading session, reaching $15.66. About 1.64M shares traded or 49.81% up from the average. Cott Corporation (NYSE:COT) has risen 1.24% since November 10, 2017 and is uptrending. It has underperformed by 14.38% the S&P500.

Cott Corporation, together with its subsidiaries, produces and sells beverages on behalf of retailers, brand owners, and distributors worldwide. The company has market cap of $2.18 billion. The firm operates through four divisions: Water & Coffee Solutions, Cott North America, Cott United Kingdom, and All Other. It has a 5.06 P/E ratio. The Company’s product lines include carbonated soft drinks, juice and juice products, energy drinks and shots, sports drinks, new age beverages, ready-to-drink teas, liquid enhancers, freezables, ready-to-drink alcoholic beverages, hot chocolate, malt drinks, creamers/whiteners, cereals, and beverage concentrates, as well as clear, still, and sparkling flavored waters.

More important recent Cott Corporation (NYSE:COT) news were published by: Twst.com which released: “Cott Corporation: Cott Reports Third Quarter 2018 Results” on November 08, 2018, also Streetinsider.com published article titled: “Cott Corp. (COT) Declares $0.06 Quarterly Dividend, 1.6% Yield; Appoints Britta Bomhard and Steven Stanbrook to …”, Seekingalpha.com published: “Cott acquires Mountain Valley Spring Company” on October 15, 2018. More interesting news about Cott Corporation (NYSE:COT) was released by: Seekingalpha.com and their article: “Cott (Canada) (COT) Q3 2018 Results – Earnings Call Transcript” with publication date: November 08, 2018.

Cott Corporation (NYSE:COT) Institutional Positions Chart

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