Shares of Cott Corp (NYSE:COT) (TSE:BCB) saw unusually-high trading volume on Monday . Approximately 756,743 shares traded hands during mid-day trading, a decline of 27% from the previous session’s volume of 1,041,191 shares.The stock last traded at $13.39 and had previously closed at $13.37.

A number of equities research analysts recently issued reports on COT shares. Zacks Investment Research raised Cott from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 9th. Royal Bank of Canada restated an “outperform” rating and set a $20.00 price objective on shares of Cott in a research note on Friday, August 9th. Finally, TD Securities lifted their price objective on Cott from $17.00 to $18.00 and gave the company a “buy” rating in a report on Friday, August 9th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $18.00.

The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.83 and a current ratio of 1.05. The stock has a market capitalization of $1.80 billion, a P/E ratio of 85.75 and a beta of 0.89. The firm’s fifty day simple moving average is $12.93 and its 200 day simple moving average is $12.93.

Cott (NYSE:COT) (TSE:BCB) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.10). The firm had revenue of $616.10 million for the quarter, compared to the consensus estimate of $620.54 million. Cott had a negative return on equity of 0.27% and a negative net margin of 0.19%. The business’s revenue was up 1.1% on a year-over-year basis. During the same period last year, the company posted $0.06 EPS. Analysts anticipate that Cott Corp will post 0.27 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Tuesday, November 26th will be given a dividend of $0.06 per share. The ex-dividend date is Monday, November 25th. This represents a $0.24 annualized dividend and a yield of 1.75%. Cott’s dividend payout ratio is currently 150.00%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Doyle Wealth Management acquired a new stake in shares of Cott in the 2nd quarter valued at $39,000. Cutler Group LP acquired a new position in shares of Cott during the 2nd quarter worth $73,000. Tower Research Capital LLC TRC lifted its position in shares of Cott by 137.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 7,403 shares of the company’s stock worth $93,000 after buying an additional 4,285 shares during the last quarter. Paloma Partners Management Co bought a new stake in shares of Cott during the 2nd quarter worth $137,000. Finally, Atria Investments LLC acquired a new stake in Cott in the second quarter valued at about $122,000.

About Cott (NYSE:COT)

Cott Corporation, together with its subsidiaries, operates as a route based service company in the United States, the United Kingdom, Canada, and internationally. The company operates in three segments: Route Based Services; Coffee, Tea and Extract Solutions; and All Other. Its 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, and beverage concentrates, as well as premium spring, sparkling and flavored, and mineral water.

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