Cott Corp (NYSE:COT) (TSE:BCB) VP Marni Morgan Poe sold 30,000 shares of Cott stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $15.84, for a total value of $475,200.00. Following the sale, the vice president now owns 130,864 shares in the company, valued at $2,072,885.76. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of Cott Corp (NYSE COT) traded down $0.13 during trading on Friday, reaching $15.77. The company had a trading volume of 978,402 shares, compared to its average volume of 1,190,000. Cott Corp has a fifty-two week low of $11.58 and a fifty-two week high of $17.77. The company has a market cap of $2,190.00, a PE ratio of -58.41 and a beta of 0.85. The company has a quick ratio of 0.86, a current ratio of 1.00 and a debt-to-equity ratio of 1.74.
Cott (NYSE:COT) (TSE:BCB) last announced its quarterly earnings data on Thursday, March 1st. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.02. Cott had a positive return on equity of 0.23% and a negative net margin of 0.05%. The business had revenue of $571.30 million for the quarter, compared to analysts’ expectations of $617.21 million. During the same period in the previous year, the business posted $0.01 EPS. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. research analysts predict that Cott Corp will post 0.24 earnings per share for the current fiscal year.
A number of equities research analysts have recently commented on the company. Scotiabank set a $18.50 target price on Cott and gave the stock a “sector perform” rating in a research note on Tuesday, January 16th. Credit Suisse Group lifted their target price on Cott from $17.00 to $18.00 and gave the stock an “outperform” rating in a research note on Friday, November 10th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $19.00 target price (up from $18.00) on shares of Cott in a research note on Friday, March 2nd. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Cott presently has a consensus rating of “Hold” and an average target price of $17.25.
A number of hedge funds have recently bought and sold shares of the business. Alliancebernstein L.P. grew its holdings in Cott by 13.2% during the 4th quarter. Alliancebernstein L.P. now owns 6,144,469 shares of the company’s stock valued at $102,367,000 after buying an additional 715,105 shares in the last quarter. Millennium Management LLC grew its holdings in Cott by 10.7% during the 4th quarter. Millennium Management LLC now owns 6,063,753 shares of the company’s stock valued at $101,022,000 after buying an additional 585,654 shares in the last quarter. Thrivent Financial For Lutherans grew its holdings in Cott by 12.7% during the 4th quarter. Thrivent Financial For Lutherans now owns 2,360,449 shares of the company’s stock valued at $39,325,000 after buying an additional 265,616 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Cott by 0.7% during the 4th quarter. Victory Capital Management Inc. now owns 2,056,275 shares of the company’s stock valued at $34,258,000 after buying an additional 14,499 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC grew its holdings in Cott by 36.6% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 2,037,692 shares of the company’s stock valued at $30,586,000 after buying an additional 545,787 shares in the last quarter.
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Cott Company Profile
Cott Corp is a Canada-based company, which along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through five operating segments: Water & Coffee Solutions; Cott North America; Cott United Kingdom (Cott U.K.), Royal Crown International (RCI) and Mexico.
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