Alps Advisors Inc. bought a new position in Core-Mark Holding Company, Inc. (NASDAQ:CORE) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,294 shares of the business services provider’s stock, valued at approximately $658,000. Alps Advisors Inc. owned approximately 0.06% of Core-Mark as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in shares of Core-Mark by 4.5% in the third quarter. Dimensional Fund Advisors LP now owns 2,695,409 shares of the business services provider’s stock worth $91,536,000 after buying an additional 115,479 shares in the last quarter. Laurion Capital Management LP bought a new position in shares of Core-Mark in the third quarter worth approximately $293,000. Amalgamated Bank bought a new position in shares of Core-Mark in the third quarter worth approximately $215,000. Algert Global LLC bought a new position in shares of Core-Mark in the third quarter worth approximately $1,157,000. Finally, Man Group plc bought a new position in shares of Core-Mark in the third quarter worth approximately $8,975,000. Hedge funds and other institutional investors own 96.48% of the company’s stock.

In other Core-Mark news, CFO Christopher M. Miller sold 2,678 shares of the company’s stock in a transaction that occurred on Friday, January 4th. The shares were sold at an average price of $24.74, for a total transaction of $66,253.72. Following the completion of the sale, the chief financial officer now directly owns 18,337 shares of the company’s stock, valued at $453,657.38. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 2.00% of the stock is currently owned by corporate insiders.

Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Core-Mark from a “buy” rating to a “hold” rating in a report on Wednesday, February 6th. BidaskClub cut shares of Core-Mark from a “buy” rating to a “hold” rating in a report on Thursday, January 31st. Sidoti cut shares of Core-Mark from a “buy” rating to a “neutral” rating and set a $30.00 price objective for the company. in a report on Tuesday, January 15th. ValuEngine raised shares of Core-Mark from a “sell” rating to a “hold” rating in a report on Tuesday, January 8th. Finally, Loop Capital decreased their price objective on shares of Core-Mark to $35.00 and set a “buy” rating for the company in a report on Friday, December 28th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Core-Mark currently has an average rating of “Hold” and an average price target of $32.00.

Shares of CORE stock opened at $29.69 on Thursday. Core-Mark Holding Company, Inc. has a 12 month low of $17.10 and a 12 month high of $40.12. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 29.69, a price-to-earnings-growth ratio of 1.49 and a beta of 0.79. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.99 and a quick ratio of 0.96.

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Core-Mark Company Profile

Core-Mark Holding Company, Inc markets fresh and broad-line supply solutions to the convenience retail industry. The company sells and distributes various food/non-food products, including cigarettes, fast food, candies, snacks, groceries, fresh products, dairy products, breads, beverages, other tobacco products, general merchandise and equipment, and health and beauty care products.

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Institutional Ownership by Quarter for Core-Mark (NASDAQ:CORE)

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