Cott Corp. (NYSE:COT)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $17.38 and last traded at $17.08, with a volume of 330,976 shares. The stock had previously closed at $17.05.

COT has been the topic of a number of recent research reports. Stifel Nicolaus cut Cott Corp. from a “buy” rating to a “hold” rating in a report on Thursday, April 14th. They noted that the move was a valuation call. Zacks Investment Research cut Cott Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, April 20th. Canaccord Genuity reaffirmed a “buy” rating on shares of Cott Corp. in a report on Wednesday, April 20th. Deutsche Bank AG raised their target price on Cott Corp. from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, May 9th. Finally, Jefferies Group reaffirmed a “hold” rating and issued a $15.50 target price (up from $13.00) on shares of Cott Corp. in a report on Tuesday, May 17th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Cott Corp. has a consensus rating of “Buy” and a consensus target price of $17.50.

The stock has a 50 day moving average of $14.73 and a 200 day moving average of $13.54. The stock has a market cap of $2.35 billion and a PE ratio of 448.42.

Cott Corp. (NYSE:COT) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $765 million for the quarter, compared to analysts’ expectations of $766.83 million. Cott Corp.’s revenue was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 earnings per share. Equities analysts anticipate that Cott Corp. will post $0.26 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 7th. Shareholders of record on Thursday, August 25th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Tuesday, August 23rd.

A number of large investors have bought and sold shares of COT. Dimensional Fund Advisors LP raised its stake in Cott Corp. by 18.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 199,520 shares of the company’s stock valued at $2,193,000 after buying an additional 30,981 shares during the last quarter. Marshall Wace LLP raised its stake in Cott Corp. by 107.4% in the fourth quarter. Marshall Wace LLP now owns 276,017 shares of the company’s stock valued at $3,033,000 after buying an additional 142,921 shares during the last quarter. Victory Capital Management Inc. raised its stake in Cott Corp. by 24.7% in the fourth quarter. Victory Capital Management Inc. now owns 2,457,543 shares of the company’s stock valued at $27,008,000 after buying an additional 487,042 shares during the last quarter. Wells Fargo & Company MN raised its stake in Cott Corp. by 17.9% in the fourth quarter. Wells Fargo & Company MN now owns 1,656,199 shares of the company’s stock valued at $18,202,000 after buying an additional 251,534 shares during the last quarter. Finally, Bank of Montreal Can raised its stake in Cott Corp. by 17.2% in the fourth quarter. Bank of Montreal Can now owns 154,152 shares of the company’s stock valued at $1,694,000 after buying an additional 22,650 shares during the last quarter.

Cott Corporation, along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through four segments: DSS; Cott North America; Cott United Kingdom (Cott U.K.), and All Other, which includes its Mexico segment, Royal Crown International (RCI) segment and other miscellaneous expenses.

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