Cott (COT) At $15.83 Forms Bottom; Morgan Stanley Asia-pacific Fund (APF)’s Sentiment Is 0.32

May 16, 2018 - By Jerrie Dane

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Cott Corporation (COT) formed multiple bottom with $14.56 target or 8.00% below today’s $15.83 share price. Cott Corporation (COT) has $2.21B valuation. The stock decreased 0.13% or $0.02 during the last trading session, reaching $15.83. About 848,143 shares traded. Cott Corporation (NYSE:COT) has risen 19.84% since May 16, 2017 and is uptrending. It has outperformed by 8.29% the S&P500.

Morgan Stanley Asia-pacific Fund Inc (APF) investors sentiment decreased to 0.32 in 2017 Q4. It’s down -0.61, from 0.93 in 2017Q3. The ratio dived, as 7 hedge funds started new or increased positions, while 22 sold and trimmed stakes in Morgan Stanley Asia-pacific Fund Inc. The hedge funds in our database now possess: 8.39 million shares, down from 8.42 million shares in 2017Q3. Also, the number of hedge funds holding Morgan Stanley Asia-pacific Fund Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 15 Increased: 6 New Position: 1.

Among 11 analysts covering Cott Corporation (NYSE:COT), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Cott Corporation has $2000 highest and $11 lowest target. $16.90’s average target is 6.76% above currents $15.83 stock price. Cott Corporation had 41 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Jefferies on Monday, November 13 with “Hold”. The rating was maintained by Jefferies with “Hold” on Friday, August 19. The stock of Cott Corporation (NYSE:COT) has “Buy” rating given on Friday, October 20 by RBC Capital Markets. Citigroup maintained the stock with “Buy” rating in Wednesday, June 8 report. The firm earned “Hold” rating on Wednesday, September 27 by Stifel Nicolaus. Jefferies maintained Cott Corporation (NYSE:COT) rating on Friday, October 6. Jefferies has “Hold” rating and $16.0 target. The company was upgraded on Thursday, August 4 by Stifel Nicolaus. The firm earned “Buy” rating on Thursday, May 10 by Jefferies. On Tuesday, September 5 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock of Cott Corporation (NYSE:COT) has “Buy” rating given on Tuesday, December 1 by Canaccord Genuity.

Analysts await Cott Corporation (NYSE:COT) to report earnings on August, 2. They expect $0.10 EPS, up 66.67% or $0.04 from last year’s $0.06 per share. COT’s profit will be $13.94 million for 39.58 P/E if the $0.10 EPS becomes a reality. After $-0.02 actual EPS reported by Cott Corporation for the previous quarter, Wall Street now forecasts -600.00% EPS growth.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.35, from 1.42 in 2017Q3. It dived, as 10 investors sold Cott Corporation shares while 48 reduced holdings. 27 funds opened positions while 35 raised stakes. 98.88 million shares or 3.10% less from 102.05 million shares in 2017Q3 were reported. Acadian Asset Mngmt Llc holds 19 shares. Td Asset Mgmt has 2.32M shares for 0.06% of their portfolio. Pnc Fincl Services Grp invested in 20,677 shares. 500 are held by Blackrock Inc. Citigroup stated it has 47,867 shares or 0% of all its holdings. North Point Portfolio Managers Corporation Oh holds 10,000 shares or 0.03% of its portfolio. Point72 Asset Mgmt Lp reported 6.81M shares. Highstreet Asset Mgmt invested in 0.24% or 243,618 shares. Tobam has invested 0.12% in Cott Corporation (NYSE:COT). Bank & Trust Of America Corporation De holds 380,735 shares or 0% of its portfolio. 201,310 were accumulated by Canada Pension Plan Inv Board. Royal Bank & Trust Of Canada has invested 0.05% in Cott Corporation (NYSE:COT). Gabelli Funds Ltd has invested 0.08% of its portfolio in Cott Corporation (NYSE:COT). Jane Street Grp Ltd Liability has invested 0% in Cott Corporation (NYSE:COT). Deutsche Bancorp Ag has 0.01% invested in Cott Corporation (NYSE:COT) for 1.20 million shares.

Since March 8, 2018, it had 0 insider purchases, and 3 insider sales for $1.11 million activity. Ausher Jason R had sold 5,000 shares worth $78,450. Another trade for 35,000 shares valued at $557,200 was sold by Wells Jay. $475,200 worth of Cott Corporation (NYSE:COT) shares were sold by Poe Marni Morgan.

Cott Corporation (NYSE:COT) Institutional Positions Chart