Cott Corporation (NYSE:COT) (TSE:BCB) Director Gregory R. Monahan sold 8,500 shares of Cott Corporation stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $15.30, for a total transaction of $130,050.00. Following the completion of the sale, the director now owns 115,666 shares of the company’s stock, valued at $1,769,689.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Cott Corporation (NYSE:COT) traded up 0.07% during mid-day trading on Thursday, hitting $15.25. 468,811 shares of the stock were exchanged. The firm’s market cap is $2.12 billion. Cott Corporation has a 52-week low of $10.10 and a 52-week high of $16.18. The stock has a 50-day moving average price of $15.41 and a 200 day moving average price of $13.72.

Cott Corporation (NYSE:COT) (TSE:BCB) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.06 earnings per share 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 company had revenue of $1.01 billion during the quarter, compared to analyst estimates of $984.75 million. During the same period in the prior year, the firm earned $0.15 EPS. Cott Corporation’s quarterly revenue was up 32.5% on a year-over-year basis. On average, equities research analysts expect that Cott Corporation will post ($0.01) earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Wednesday, August 23rd were given a dividend of $0.06 per share. The ex-dividend date was Monday, August 21st. This represents a $0.24 annualized dividend and a dividend yield of 1.57%. Cott Corporation’s dividend payout ratio is presently -23.30%.

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Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Investors Asset Management of Georgia Inc. GA ADV lifted its position in shares of 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 purchasing an additional 200 shares during the last quarter. Symons Capital Management Inc. lifted its position in shares of 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 purchasing an additional 275 shares during the last quarter. Pinnacle Associates Ltd. lifted its position in shares of Cott Corporation by 13.8% during the 1st quarter. Pinnacle Associates Ltd. now owns 22,700 shares of the company’s stock worth $281,000 after purchasing an additional 2,750 shares during the last quarter. Bank of Montreal Can lifted its position in shares of 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 purchasing an additional 3,154 shares during the last quarter. Finally, Aperio Group LLC lifted its position in shares of 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 purchasing an additional 3,189 shares during the last quarter.

A number of brokerages have recently commented on COT. Jefferies Group LLC reiterated a “hold” rating and issued a $13.50 price target on shares of Cott Corporation in a research note on Friday, May 19th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $20.00 price target on shares of Cott Corporation in a research note on Monday, July 10th. ValuEngine upgraded shares of Cott Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. BMO Capital Markets reiterated a “buy” rating and issued a $17.00 price target on shares of Cott Corporation in a research note on Thursday, July 27th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $12.00 price target on shares of Cott Corporation in a research note on Tuesday, July 25th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Cott Corporation has an average rating of “Hold” and an average target price of $16.75.

About Cott Corporation

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.

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