Sunopta (STKL) Stock Price Declined While Bank Of Montreal Has Trimmed Position; Pillar Pacific Capital Management Stake in Kroger Co (The) (KR) Trimmed by $609,984 as Stock Price Declined

May 18, 2018 - By Henry Gaston

SunOpta Inc. (NASDAQ:STKL) Logo

Pillar Pacific Capital Management Llc decreased its stake in Kroger Co (The) (KR) by 23.52% based on its latest 2017Q4 regulatory filing with the SEC. Pillar Pacific Capital Management Llc sold 22,592 shares as the company’s stock declined 16.92% with the market. The institutional investor held 73,461 shares of the food chains company at the end of 2017Q4, valued at $2.02M, down from 96,053 at the end of the previous reported quarter. Pillar Pacific Capital Management Llc who had been investing in Kroger Co (The) for a number of months, seems to be less bullish one the $21.61B market cap company. The stock increased 1.44% or $0.36 during the last trading session, reaching $25.3. About 16.02M shares traded or 53.49% up from the average. The Kroger Co. (NYSE:KR) has declined 18.87% since May 18, 2017 and is downtrending. It has underperformed by 30.42% the S&P500.

Bank Of Montreal decreased its stake in Sunopta Inc (STKL) by 39.63% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of Montreal sold 595,525 shares as the company’s stock declined 10.62% with the market. The institutional investor held 907,245 shares of the consumer services company at the end of 2017Q4, valued at $7.03 million, down from 1.50M at the end of the previous reported quarter. Bank Of Montreal who had been investing in Sunopta Inc for a number of months, seems to be less bullish one the $663.74M market cap company. The stock increased 8.45% or $0.6 during the last trading session, reaching $7.7. About 944,919 shares traded or 217.43% up from the average. SunOpta Inc. (NASDAQ:STKL) has risen 6.72% since May 18, 2017 and is uptrending. It has underperformed by 4.83% the S&P500.

Bank Of Montreal, which manages about $34.23B and $115.13 billion US Long portfolio, upped its stake in Anglogold Ashanti Ltd (NYSE:AU) by 71,919 shares to 137,895 shares, valued at $1.41M in 2017Q4, according to the filing. It also increased its holding in Select Sector Spdr Tr (XLV) by 30,973 shares in the quarter, for a total of 134,555 shares, and has risen its stake in Leucadia Natl Corp (NYSE:LUK).

Analysts await SunOpta Inc. (NASDAQ:STKL) to report earnings on August, 8. They expect $-0.06 EPS, down 500.00% or $0.05 from last year’s $-0.01 per share. After $-0.07 actual EPS reported by SunOpta Inc. for the previous quarter, Wall Street now forecasts -14.29% EPS growth.

Another recent and important SunOpta Inc. (NASDAQ:STKL) news was published by Seekingalpha.com which published an article titled: “SunOpta’s (STKL) CEO David Colo on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018.

Investors sentiment decreased to 0.74 in 2017 Q4. Its down 0.37, from 1.11 in 2017Q3. It turned negative, as 12 investors sold STKL shares while 35 reduced holdings. 13 funds opened positions while 22 raised stakes. 64.44 million shares or 3.49% more from 62.26 million shares in 2017Q3 were reported. Essex Mngmt Ltd Liability holds 0.27% of its portfolio in SunOpta Inc. (NASDAQ:STKL) for 262,244 shares. Oaktree Management Lp holds 8.09 million shares or 0.98% of its portfolio. 742,168 were reported by Kennedy Management. Jpmorgan Chase accumulated 13,300 shares. Reynders Mcveigh Cap Mngmt Lc, a Massachusetts-based fund reported 18,925 shares. Eventide Asset Mngmt Ltd Llc accumulated 1.58% or 3.90M shares. Domini Impact owns 43,314 shares for 6.84% of their portfolio. Overbrook Mgmt invested in 1.47 million shares or 2.31% of the stock. Factory Mutual holds 0.18% in SunOpta Inc. (NASDAQ:STKL) or 2.17M shares. Brown Advisory Incorporated invested in 13,404 shares or 0% of the stock. Gsa Capital Partners Llp owns 131,650 shares or 0.06% of their US portfolio. Pictet Asset Limited holds 0.01% of its portfolio in SunOpta Inc. (NASDAQ:STKL) for 287,418 shares. Connor Clark And Lunn, British Columbia – Canada-based fund reported 142,583 shares. Botty Investors Lc owns 97,575 shares for 0.23% of their portfolio. Goldman Sachs Gp invested in 0% or 68,442 shares.

Among 4 analysts covering SunOpta (NASDAQ:STKL), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. SunOpta had 14 analyst reports since August 15, 2015 according to SRatingsIntel. The firm has “Hold” rating by Wunderlich given on Thursday, March 2. The rating was initiated by Wunderlich on Tuesday, October 11 with “Buy”. The stock of SunOpta Inc. (NASDAQ:STKL) earned “Outperform” rating by BMO Capital Markets on Thursday, October 8. As per Wednesday, August 9, the company rating was maintained by BMO Capital Markets. Zacks downgraded SunOpta Inc. (NASDAQ:STKL) on Thursday, August 20 to “Buy” rating. The firm has “Buy” rating by BMO Capital Markets given on Wednesday, September 27. The stock has “Buy” rating by BMO Capital Markets on Wednesday, June 14. The rating was downgraded by TheStreet on Saturday, August 15 to “Buy”. William Blair initiated the stock with “Market Perform” rating in Friday, September 4 report. Zacks upgraded SunOpta Inc. (NASDAQ:STKL) on Tuesday, August 18 to “Hold” rating.

Since December 15, 2017, it had 5 insider buys, and 1 insider sale for $28.13 million activity. $22.92 million worth of SunOpta Inc. (NASDAQ:STKL) shares were bought by Oaktree Organics – L.P.. 3,500 shares valued at $24,822 were bought by Duchscher Robert on Friday, March 2. Oaktree Huntington Investment Fund II – L.P. also bought $4.83M worth of SunOpta Inc. (NASDAQ:STKL) shares. $184,867 worth of SunOpta Inc. (NASDAQ:STKL) was bought by Miketa George. Another trade for 25,000 shares valued at $175,505 was made by Hollis Richard Dean on Thursday, March 1.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.02, from 0.88 in 2017Q3. It increased, as 78 investors sold KR shares while 251 reduced holdings. 121 funds opened positions while 176 raised stakes. 636.15 million shares or 7.55% less from 688.12 million shares in 2017Q3 were reported. Gofen Glossberg Ltd Liability Company Il holds 0.01% in The Kroger Co. (NYSE:KR) or 9,888 shares. Symons Capital reported 330,991 shares or 2.59% of all its holdings. Geode Cap Management Ltd Liability Com reported 9.47 million shares. Asset Mngmt Inc holds 0.01% or 13,950 shares in its portfolio. Court Place Advisors Ltd Liability stated it has 0.34% of its portfolio in The Kroger Co. (NYSE:KR). Atlas Browninc reported 6,879 shares. Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.16% in The Kroger Co. (NYSE:KR). Tocqueville Asset Ltd Partnership stated it has 206,637 shares or 0.06% of all its holdings. Trexquant Inv Limited Partnership holds 0.11% or 36,044 shares. Toronto Dominion Bancshares has 383,628 shares. The Michigan-based Bluestein R H has invested 0.01% in The Kroger Co. (NYSE:KR). Torch Wealth Mngmt Ltd Llc has 8,650 shares. The New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.14% in The Kroger Co. (NYSE:KR). Moreover, Panagora Asset has 0.01% invested in The Kroger Co. (NYSE:KR) for 121,987 shares. Architects Inc reported 2,593 shares.

More notable recent The Kroger Co. (NYSE:KR) news were published by: 247Wallst.com which released: “6 Most Important Things In Business Today” on May 18, 2018, also Nasdaq.com with their article: “Amazon Needs More Whole Foods Stores” published on May 18, 2018, Bizjournals.com published: “Kroger stock climbs as analysts applaud Ocado deal” on May 17, 2018. More interesting news about The Kroger Co. (NYSE:KR) were released by: Seekingalpha.com and their article: “Kroger: Fears Overstated” published on May 14, 2018 as well as 247Wallst.com‘s news article titled: “Short Interest in Kroger Rises 77%” with publication date: May 10, 2018.

Pillar Pacific Capital Management Llc, which manages about $683.62 million and $820.69M US Long portfolio, upped its stake in Activision Blizzard Inc (NASDAQ:ATVI) by 5,805 shares to 83,715 shares, valued at $5.30M in 2017Q4, according to the filing. It also increased its holding in Celgene Corp (NASDAQ:CELG) by 3,150 shares in the quarter, for a total of 73,991 shares, and has risen its stake in Jd.Com Inc. (NASDAQ:JD).

Among 37 analysts covering Kroger (NYSE:KR), 18 have Buy rating, 0 Sell and 19 Hold. Therefore 49% are positive. Kroger had 112 analyst reports since August 25, 2015 according to SRatingsIntel. The stock of The Kroger Co. (NYSE:KR) has “Buy” rating given on Friday, February 12 by Stifel Nicolaus. The stock has “Hold” rating by BMO Capital Markets on Tuesday, June 27. As per Thursday, September 17, the company rating was maintained by Deutsche Bank. The stock of The Kroger Co. (NYSE:KR) has “Buy” rating given on Thursday, June 15 by Oppenheimer. Barclays Capital maintained it with “Equal-Weight” rating and $40 target in Friday, December 4 report. The rating was upgraded by PiperJaffray on Wednesday, December 14 to “Neutral”. The firm earned “Outperform” rating on Thursday, March 23 by RBC Capital Markets. Morgan Stanley maintained it with “Equal-Weight” rating and $26.5 target in Friday, March 9 report. Northcoast upgraded the shares of KR in report on Monday, December 7 to “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Friday, March 9.

Since December 19, 2017, it had 0 insider buys, and 6 insider sales for $2.81 million activity. Foley Todd A sold $471,200 worth of stock. On Monday, January 22 Clark Robert W sold $325,292 worth of The Kroger Co. (NYSE:KR) or 11,000 shares. 40,000 shares were sold by DONNELLY MICHAEL JOSEPH, worth $1.23M on Monday, January 29.

Analysts await The Kroger Co. (NYSE:KR) to report earnings on June, 21. They expect $0.64 earnings per share, up 10.34% or $0.06 from last year’s $0.58 per share. KR’s profit will be $546.63M for 9.88 P/E if the $0.64 EPS becomes a reality. After $0.63 actual earnings per share reported by The Kroger Co. for the previous quarter, Wall Street now forecasts 1.59% EPS growth.

SunOpta Inc. (NASDAQ:STKL) Institutional Positions Chart

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