Bank Of Nova Scotia Has Boosted Its Coty (COTY) Stake, Cara Therapeutics (CARA) Had 5 Bullish Analysts

June 20, 2017 - By Linda Rogers

Bank Of Nova Scotia increased Coty Inc (COTY) stake by 593.22% reported in 2016Q4 SEC filing. Bank Of Nova Scotia acquired 94,606 shares as Coty Inc (COTY)’s stock declined 0.74%. The Bank Of Nova Scotia holds 110,554 shares with $2.02 million value, up from 15,948 last quarter. Coty Inc now has $14.52B valuation. The stock declined 0.75% or $0.14 reaching $19.17 on the news. About 3.16M shares traded. Coty Inc (NYSE:COTY) has declined 25.39% since June 20, 2016 and is downtrending. It has underperformed by 42.09% the S&P500.

Among 5 analysts covering Cara Therapeutics (NASDAQ:CARA), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cara Therapeutics had 7 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, October 13 by H.C. Wainwright. The firm has “Buy” rating by Needham given on Friday, July 24. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, November 4. The stock of Cara Therapeutics Inc (NASDAQ:CARA) has “Outperform” rating given on Thursday, November 24 by Scotia Capital. See Cara Therapeutics Inc (NASDAQ:CARA) latest ratings:

Investors sentiment decreased to 2.21 in 2016 Q4. Its down 0.98, from 3.19 in 2016Q3. It is negative, as 68 investors sold COTY shares while 39 reduced holdings. 134 funds opened positions while 102 raised stakes. 473.22 million shares or 6.83% less from 507.90 million shares in 2016Q3 were reported. First Personal Financial reported 9,948 shares. 4,200 were reported by Finemark Bancorporation And Trust. Msd Ltd Partnership stated it has 5.42% of its portfolio in Coty Inc (NYSE:COTY). Riverhead Cap Mngmt Ltd Liability holds 12,300 shares. Mitsubishi Ufj Trust & Corporation accumulated 0.04% or 962,913 shares. Ngam Advsr Ltd Partnership holds 72,188 shares or 0.02% of its portfolio. Blackrock Investment Ltd Liability Corp owns 1.08M shares. Henderson Gru Public Limited Company invested in 42,900 shares. Moreover, United Services Automobile Association has 0.06% invested in Coty Inc (NYSE:COTY). State Of Tennessee Treasury Department has invested 0.01% in Coty Inc (NYSE:COTY). Commonwealth Of Pennsylvania School Empls Retrmt stated it has 26,953 shares or 0.01% of all its holdings. Massachusetts Fincl Ma holds 84.19 million shares or 0.75% of its portfolio. Sg Americas Secs Ltd Limited Liability Company invested 0.01% in Coty Inc (NYSE:COTY). Sun Life Fincl stated it has 0% of its portfolio in Coty Inc (NYSE:COTY). Invesco Ltd has invested 0% in Coty Inc (NYSE:COTY).

Bank Of Nova Scotia decreased Spirit Airls Inc (NASDAQ:SAVE) stake by 46,747 shares to 56,595 valued at $3.28 million in 2016Q4. It also reduced Ishares Tr (IHI) stake by 939,895 shares and now owns 188,640 shares. Carnival Corp (NYSE:CCL) was reduced too.

Among 12 analysts covering Coty (NYSE:COTY), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 33% are positive. Coty had 26 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Hold” rating by Piper Jaffray on Friday, August 14. The firm earned “Neutral” rating on Thursday, August 25 by Citigroup. The firm has “Buy” rating given on Tuesday, August 18 by Zacks. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, October 24 report. The company was initiated on Tuesday, July 21 by Sterne Agee CRT. The stock has “Hold” rating by Berenberg on Friday, November 18. The firm has “Neutral” rating given on Thursday, February 4 by Citigroup. Deutsche Bank maintained Coty Inc (NYSE:COTY) rating on Friday, November 6. Deutsche Bank has “Buy” rating and $31 target. The rating was downgraded by JP Morgan on Tuesday, August 25 to “Overweight”. BMO Capital Markets maintained Coty Inc (NYSE:COTY) on Wednesday, April 5 with “Buy” rating.

Since February 10, 2017, it had 10 buys, and 0 sales for $81.56 million activity. Froidefond Sebastien bought $255,072 worth of Coty Inc (NYSE:COTY) on Thursday, June 15. Shares for $271,430 were bought by McMullen Greerson Greene. JAB Cosmetics B.V. bought $75.91 million worth of Coty Inc (NYSE:COTY) on Friday, February 10. 72,350 shares were bought by Pane Camillo, worth $1.41 million on Wednesday, February 15. HUBER EDGAR O. bought $1.52 million worth of stock.

About 828,340 shares traded. Cara Therapeutics Inc (NASDAQ:CARA) has risen 206.00% since June 20, 2016 and is uptrending. It has outperformed by 189.30% the S&P500.

Since March 31, 2017, it had 1 insider buy, and 0 insider sales for $9.10 million activity. The insider RHO Ventures VI LP bought 500,000 shares worth $9.10 million.

Investors sentiment decreased to 1.26 in Q4 2016. Its down 0.57, from 1.83 in 2016Q3. It is negative, as 12 investors sold Cara Therapeutics Inc shares while 23 reduced holdings. 18 funds opened positions while 26 raised stakes. 12.12 million shares or 4.42% more from 11.60 million shares in 2016Q3 were reported. Everpoint Asset Management Limited Liability Company owns 500,000 shares. Tiedemann Wealth Management Limited Liability Corp owns 0.02% invested in Cara Therapeutics Inc (NASDAQ:CARA) for 19,925 shares. Goldman Sachs Incorporated accumulated 30,333 shares. Dafna Capital Management Lc holds 1.71% or 209,522 shares in its portfolio. The California-based Natl Planning has invested 0.08% in Cara Therapeutics Inc (NASDAQ:CARA). New York State Common Retirement Fund reported 19,600 shares stake. Sei has invested 0% in Cara Therapeutics Inc (NASDAQ:CARA). Massachusetts-based Baldwin Brothers Ma has invested 0.06% in Cara Therapeutics Inc (NASDAQ:CARA). Geode Limited Liability Company holds 177,313 shares or 0% of its portfolio. 24,499 were reported by Deutsche Bank & Trust Ag. Tiverton Asset Mgmt Llc stated it has 0.08% in Cara Therapeutics Inc (NASDAQ:CARA). Morgan Stanley has invested 0% in Cara Therapeutics Inc (NASDAQ:CARA). Blackrock Advsr Lc holds 12,483 shares or 0% of its portfolio. 1,693 are owned by Tower Limited Liability (Trc). Credit Suisse Ag reported 15,644 shares or 0% of all its holdings.

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