AGF Investments Inc. Takes Position in Cott Corp (COT)

AGF Investments Inc. bought a new position in shares of Cott Corp (NYSE:COT) (TSE:BCB) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 243,618 shares of the company’s stock, valued at approximately $4,066,000. AGF Investments Inc. owned about 0.17% of Cott as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantitative Systematic Strategies LLC acquired a new stake in Cott during the 3rd quarter worth $682,000. Aperio Group LLC boosted its stake in Cott by 30.5% during the 3rd quarter. Aperio Group LLC now owns 201,143 shares of the company’s stock worth $3,019,000 after purchasing an additional 47,042 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Cott by 24.6% during the 3rd quarter. Canada Pension Plan Investment Board now owns 183,410 shares of the company’s stock worth $2,744,000 after purchasing an additional 36,200 shares during the last quarter. Engineers Gate Manager LP acquired a new stake in Cott during the 3rd quarter worth $1,750,000. Finally, Barometer Capital Management Inc. acquired a new stake in Cott during the 3rd quarter worth $917,000.

Cott Corp (COT) opened at $15.48 on Thursday. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.86 and a current ratio of 1.01. Cott Corp has a 1 year low of $10.44 and a 1 year high of $17.77.

Several equities research analysts have issued reports on the stock. Scotiabank lifted their target price on shares of Cott from $18.50 to $19.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Credit Suisse Group lifted their target price on shares of Cott from $17.00 to $18.00 and gave the stock an “outperform” rating in a research note on Friday, November 10th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $20.00 target price on shares of Cott in a research note on Friday, October 27th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Cott has a consensus rating of “Hold” and an average target price of $17.32.

In other news, Director Gregory R. Monahan sold 7,500 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $17.10, for a total transaction of $128,250.00. Following the transaction, the director now owns 102,666 shares of the company’s stock, valued at approximately $1,755,588.60. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 2.06% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was originally posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are accessing this report on another publication, it was stolen and republished in violation of US & international copyright laws. The legal version of this report can be read at https://www.thelincolnianonline.com/2018/02/15/agf-investments-inc-takes-position-in-cott-corp-cot.html.

Cott 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.

Want to see what other hedge funds are holding COT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cott Corp (NYSE:COT) (TSE:BCB).

Institutional Ownership by Quarter for Cott (NYSE:COT)

Receive News & Ratings for Cott Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cott and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply