Cott Corporation (NYSE:COT) is expected to pay $0.06 on Dec 8, 2016. The indicated annual dividend is $0.24. Shareholders owning the stock before Nov 23, 2016 will be eligible to receive the payout. Based on Cott Corporation’s current price of $11.98, the dividend is 0.50%. This dividend’s record date is Nov 28, 2016 and the announcement date is Nov 15, 2016. The stock increased 0.17% or $0.02 during the last trading session, hitting $11.98. Cott Corporation (USA) (NYSE:COT) has declined 10.66% since April 20, 2016 and is downtrending. It has underperformed by 15.22% the S&P500.
Cott Corporation, along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The company has a market cap of $1.67 billion. The Firm operates through four divisions: DSS; Cott North America; Cott United Kingdom , and All Other, which includes its Mexico segment, Royal Crown International (RCI) segment and other miscellaneous expenses. It currently has negative earnings. The DSS segment provides direct-to-consumer products, such as bottled water, coffee, brewed tea, water dispensers, coffee and tea brewers, and filtration equipment.
Insitutional Activity: The institutional sentiment decreased to 0.91 in Q2 2016. Its down 0.32, from 1.23 in 2016Q1. The ratio is negative, as 15 funds sold all Cott Corporation (USA) shares owned while 41 reduced positions. 21 funds bought stakes while 48 increased positions. They now own 98.56 million shares or 6.20% more from 92.81 million shares in 2016Q1.
Cubist Systematic Strategies Ltd Limited Liability Company holds 0.04% of its portfolio in Cott Corporation (USA) (NYSE:COT) for 44,983 shares. Goldman Sachs Gp last reported 0% of its portfolio in the stock. State Bank Of Nova Scotia accumulated 0% or 30,461 shares. P2 Cap Ptnrs Limited Company last reported 1.67M shares in the company. Engineers Gate Manager Lp last reported 0.08% of its portfolio in the stock. The New York-based D E Shaw & has invested 0.03% in Cott Corporation (USA) (NYSE:COT). Millennium Mgmt Limited Liability has invested 0.05% of its portfolio in Cott Corporation (USA) (NYSE:COT). Public Sector Pension Investment Board owns 848,230 shares or 0.13% of their US portfolio. Fincl & Invest Group has 187,635 shares for 0.8% of their US portfolio. Pinnacle Associate Limited has 0% invested in the company for 14,250 shares. Marshall Wace Ltd Liability Partnership has 0.06% invested in the company for 475,932 shares. Credit Suisse Ag accumulated 0% or 134,378 shares. Moreover, Renaissance Tech Ltd Liability Com has 0.1% invested in Cott Corporation (USA) (NYSE:COT) for 3.63M shares. Bluecrest Cap Limited last reported 0.12% of its portfolio in the stock. Swiss Natl Bank reported 221,100 shares or 0% of all its holdings.
Insider Transactions: Since August 9, 2016, the stock had 0 insider purchases, and 5 sales for $4.74 million net activity. On Thursday, August 18 ROSENFELD ERIC sold $334,265 worth of the stock or 19,582 shares. FOWDEN JEREMY S G had sold 148,515 shares worth $2.54M. Shares for $503,100 were sold by SAVAGE GRAHAM W on Tuesday, August 16.
Cott Corporation (USA) (NYSE:COT) Ratings Coverage
Out of 10 analysts covering Cott Corporation (NYSE:COT), 8 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 80% are positive. $19 is the highest target while $11 is the lowest. The $16.44 average target is 37.23% above today’s ($11.98) stock price. Cott Corporation has been the topic of 16 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Wednesday, June 8 by Citigroup. On Wednesday, June 8 the stock rating was maintained by Barclays Capital with “Overweight”. The stock has “Buy” rating given by Canaccord Genuity on Tuesday, December 1. The stock of Cott Corporation (USA) (NYSE:COT) has “Outperform” rating given on Tuesday, July 21 by Credit Suisse. The firm has “Buy” rating by Citigroup given on Friday, April 8. Deutsche Bank maintained Cott Corporation (USA) (NYSE:COT) rating on Friday, July 31. Deutsche Bank has “Buy” rating and $15 price target. The rating was downgraded by Stifel Nicolaus on Thursday, April 14 to “Hold”. The company was maintained on Monday, August 3 by RBC Capital Markets. JP Morgan reinitiated the stock with “Neutral” rating in Thursday, June 9 report. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, September 8.
More important recent Cott Corporation (USA) (NYSE:COT) news were published by: Investorplace.com which released: “Why Cott Corporation (USA) (COT), Jack in the Box Inc. (JACK) and Square Inc …” on August 04, 2016, also Fool.ca published article titled: “Cott Corporation’s Comeback Hits a Roadblock”, Marketwatch.com published: “Cott downgraded to hold from buy at Stifel Nicolaus” on December 21, 2009. More interesting news about Cott Corporation (USA) (NYSE:COT) was released by: Investorplace.com and their article: “Cott Corporation (USA): Is COT the Canadian Coca-Cola?” with publication date: March 10, 2016.
COT Company Profile
Cott Corporation, incorporated on December 31, 2006, along with its subsidiaries, is engaged in the production of beverages on behalf of retailers, brand owners and distributors. The Firm operates through four divisions: DSS; Cott North America; Cott United Kingdom (Cott U.K.), and All Other, which includes its Mexico segment, Royal Crown International (RCI) segment and other miscellaneous expenses.
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