Cubist Systematic Strategies LLC cut its holdings in shares of Cott Corporation (NYSE:COT) (TSE:BCB) by 20.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,074 shares of the company’s stock after selling 3,987 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Cott Corporation were worth $218,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Investors Asset Management of Georgia Inc. GA ADV lifted its holdings in Cott Corporation by 0.6% during the 2nd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 35,815 shares of the company’s stock worth $517,000 after buying an additional 200 shares in the last quarter. Symons Capital Management Inc. lifted its holdings in Cott Corporation by 0.5% during the 2nd quarter. Symons Capital Management Inc. now owns 54,340 shares of the company’s stock worth $785,000 after buying an additional 275 shares in the last quarter. Bank of Montreal Can lifted its holdings in Cott Corporation by 1.0% during the 2nd quarter. Bank of Montreal Can now owns 330,305 shares of the company’s stock worth $4,770,000 after buying an additional 3,154 shares in the last quarter. Aperio Group LLC lifted its holdings in Cott Corporation by 2.1% during the 2nd quarter. Aperio Group LLC now owns 154,101 shares of the company’s stock worth $2,225,000 after buying an additional 3,189 shares in the last quarter. Finally, Eqis Capital Management Inc. lifted its holdings in Cott Corporation by 28.7% during the 2nd quarter. Eqis Capital Management Inc. now owns 20,339 shares of the company’s stock worth $294,000 after buying an additional 4,534 shares in the last quarter.

In other news, Director Gregory R. Monahan sold 8,500 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of $15.30, for a total transaction of $130,050.00. Following the transaction, the director now directly owns 115,666 shares of the company’s stock, valued at $1,769,689.80. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Jason R. Ausher sold 5,800 shares of the business’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of $15.35, for a total transaction of $89,030.00. Following the transaction, the chief accounting officer now directly owns 20,770 shares in the company, valued at $318,819.50. The disclosure for this sale can be found here. Insiders own 2.06% of the company’s stock.

Cott Corporation (NYSE:COT) (TSE:BCB) last posted its earnings results on Thursday, August 3rd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.10). Cott Corporation had a positive return on equity of 0.54% and a negative net margin of 3.88%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $984.75 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The company’s revenue for the quarter was up 32.5% on a year-over-year basis.

COPYRIGHT VIOLATION WARNING: “Cubist Systematic Strategies LLC Trims Holdings in Cott Corporation (COT)” was first published by Watch List News and is owned by of Watch List News. If you are reading this piece on another domain, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/cubist-systematic-strategies-llc-trims-holdings-in-cott-corporation-cot/1675128.html.

A number of equities research analysts have issued reports on COT shares. BMO Capital Markets reiterated a “buy” rating and set a $17.00 target price on shares of Cott Corporation in a report on Thursday, July 27th. Royal Bank Of Canada reiterated a “buy” rating and set a $20.00 target price on shares of Cott Corporation in a report on Friday, September 15th. Canaccord Genuity reiterated a “buy” rating and set a $20.00 target price on shares of Cott Corporation in a report on Friday, October 27th. Jefferies Group LLC increased their price objective on shares of Cott Corporation from $14.00 to $14.25 and gave the company a “hold” rating in a research report on Thursday, July 6th. Finally, Zacks Investment Research raised shares of Cott Corporation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $17.21.

Cott Corporation Company 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 Corporation (NYSE:COT) (TSE:BCB).

Institutional Ownership by Quarter for Cott Corporation (NYSE:COT)

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