Alambic Investment Management L.P. Has $791,000 Position in Cott Corp (COT)

Alambic Investment Management L.P. trimmed its stake in shares of Cott Corp (NYSE:COT) (TSE:BCB) by 34.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,500 shares of the company’s stock after selling 24,900 shares during the quarter. Alambic Investment Management L.P.’s holdings in Cott were worth $791,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mackenzie Financial Corp boosted its position in shares of Cott by 0.4% during the 3rd quarter. Mackenzie Financial Corp now owns 1,107,157 shares of the company’s stock worth $16,618,000 after acquiring an additional 4,299 shares in the last quarter. Swiss National Bank boosted its position in shares of Cott by 1.9% during the 3rd quarter. Swiss National Bank now owns 234,500 shares of the company’s stock worth $3,517,000 after acquiring an additional 4,300 shares in the last quarter. Cubist Systematic Strategies LLC boosted its position in shares of Cott by 38.0% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 20,805 shares of the company’s stock worth $312,000 after acquiring an additional 5,731 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Cott by 2.9% during the 3rd quarter. Nordea Investment Management AB now owns 251,900 shares of the company’s stock worth $3,781,000 after acquiring an additional 7,100 shares in the last quarter. Finally, Shell Asset Management Co. boosted its position in shares of Cott by 78.2% during the 3rd quarter. Shell Asset Management Co. now owns 23,584 shares of the company’s stock worth $181,000 after acquiring an additional 10,353 shares in the last quarter.

Several research analysts have recently issued reports on the company. Scotiabank set a $18.50 price objective on Cott and gave the stock a “sector perform” rating in a research report on Tuesday, January 16th. Credit Suisse Group upped their price objective on Cott from $17.00 to $18.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $20.00 price objective on shares of Cott in a research report on Friday, October 27th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $17.25.

Shares of Cott Corp (NYSE:COT) opened at $15.59 on Thursday. The stock has a market capitalization of $2,180.00, a PE ratio of -22.27 and a beta of 0.74. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.01 and a quick ratio of 0.86. Cott Corp has a 1 year low of $10.44 and a 1 year high of $17.77.

Cott (NYSE:COT) (TSE:BCB) last announced its earnings results on Thursday, November 9th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.08). The firm had revenue of $995.00 million during the quarter, compared to analyst estimates of $1.01 billion. Cott had a negative net margin of 2.86% and a positive return on equity of 0.09%. The firm’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period last year, the company earned $0.04 earnings per share. research analysts anticipate that Cott Corp will post 0.03 earnings per share for the current year.

In related news, Director Gregory R. Monahan sold 7,500 shares of the company’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $17.10, for a total value of $128,250.00. Following the completion of the sale, the director now directly owns 102,666 shares of the company’s stock, valued at approximately $1,755,588.60. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.06% of the stock is owned by corporate insiders.

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About Cott

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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Institutional Ownership by Quarter for Cott (NYSE:COT)

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