Dupont Capital Management Corp Purchases New Holdings in Cott Corp (COT)

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Dupont Capital Management Corp purchased a new stake in Cott Corp (NYSE:COT) (TSE:BCB) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 52,955 shares of the company’s stock, valued at approximately $738,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of COT. Financial & Investment Management Group Ltd. grew its stake in Cott by 5.6% during the 4th quarter. Financial & Investment Management Group Ltd. now owns 244,721 shares of the company’s stock valued at $3,411,000 after acquiring an additional 12,977 shares in the last quarter. Intact Investment Management Inc. grew its stake in Cott by 19.5% during the 4th quarter. Intact Investment Management Inc. now owns 601,200 shares of the company’s stock valued at $11,345,000 after acquiring an additional 98,300 shares in the last quarter. First Hawaiian Bank grew its stake in Cott by 24.5% during the 4th quarter. First Hawaiian Bank now owns 4,399 shares of the company’s stock valued at $61,000 after acquiring an additional 865 shares in the last quarter. Vanguard Group Inc grew its stake in Cott by 2.7% during the 3rd quarter. Vanguard Group Inc now owns 3,294,879 shares of the company’s stock valued at $53,211,000 after acquiring an additional 85,590 shares in the last quarter. Finally, Marshall Wace LLP purchased a new position in Cott during the 3rd quarter valued at about $7,974,000.

COT has been the topic of several research analyst reports. ValuEngine cut Cott from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, January 2nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $21.00 target price on shares of Cott in a research note on Thursday, November 8th. Citigroup set a $19.00 target price on Cott and gave the company a “buy” rating in a research note on Friday, November 9th. BMO Capital Markets reaffirmed a “buy” rating and set a $20.00 target price on shares of Cott in a research note on Tuesday, November 13th. Finally, Zacks Investment Research cut Cott from a “buy” rating to a “hold” rating in a research note on Tuesday, November 13th. One analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $18.76.

In related news, Director Graham W. Savage sold 12,411 shares of the business’s stock in a transaction that occurred on Tuesday, December 4th. The stock was sold at an average price of $15.08, for a total value of $187,157.88. Following the completion of the sale, the director now owns 40,585 shares of the company’s stock, valued at approximately $612,021.80. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Graham W. Savage sold 7,879 shares of the business’s stock in a transaction that occurred on Wednesday, December 12th. The shares were sold at an average price of $14.98, for a total value of $118,027.42. Following the completion of the sale, the director now directly owns 32,706 shares of the company’s stock, valued at approximately $489,935.88. The disclosure for this sale can be found here. Insiders own 3.02% of the company’s stock.

Shares of NYSE COT opened at $15.77 on Thursday. The company has a market capitalization of $2.14 billion, a P/E ratio of 225.29 and a beta of 0.83. Cott Corp has a 52 week low of $13.34 and a 52 week high of $17.06. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.42 and a quick ratio of 1.13.

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About Cott

Cott Corporation, together with its subsidiaries, operates as a route based service company in North America and Europe. It operates in three segments: Route Based Services; Coffee, Tea and Extract Solutions; and All Other. The company's product portfolio includes bottled water, coffee, brewed tea, water dispensers, coffee and tea brewers, specialty coffee, liquid coffee or tea concentrate, single cup coffee, cold brewed coffee, iced blend coffee or tea beverages, blended teas, hot tea, sparkling tea, coffee or tea extract solutions, filtration equipment, hot chocolate, soups, malt drinks, creamers/whiteners, cereals, beverage concentrates, and mineral water.

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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)

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