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Affiliated Managers Group (AMG) Stock Value Declined While Penn Capital Management Co Decreased by $419,679 Its Holding; As Sonoco Products Co. (SON) Valuation Declined, Ct Mason Has Decreased Its Stake

Sonoco Products Company (NYSE:SON) Logo

Ct Mason decreased its stake in Sonoco Products Co. (SON) by 68.48% based on its latest 2017Q4 regulatory filing with the SEC. Ct Mason sold 42,244 shares as the company’s stock declined 10.88% with the market. The institutional investor held 19,447 shares of the containers and packaging company at the end of 2017Q4, valued at $1.03 million, down from 61,691 at the end of the previous reported quarter. Ct Mason who had been investing in Sonoco Products Co. for a number of months, seems to be less bullish one the $5.15 billion market cap company. The stock increased 1.35% or $0.69 during the last trading session, reaching $51.75. About 837,078 shares traded or 53.49% up from the average. Sonoco Products Company (NYSE:SON) has declined 10.66% since April 23, 2017 and is downtrending. It has underperformed by 22.21% the S&P500.

Scott A. Bedford decreased its stake in Affiliated Managers Group (AMG) by 7.27% based on its latest 2017Q4 regulatory filing with the SEC. Penn Capital Management Co Inc sold 1,989 shares as the company’s stock declined 9.29% with the market. The hedge fund run by Scott A. Bedford held 25,386 shares of the finance company at the end of 2017Q4, valued at $5.38 million, down from 27,375 at the end of the previous reported quarter. Penn Capital Management Co Inc who had been investing in Affiliated Managers Group for a number of months, seems to be less bullish one the $9.34 billion market cap company. The stock decreased 0.70% or $1.2 during the last trading session, reaching $171.38. About 496,533 shares traded or 7.76% up from the average. Affiliated Managers Group, Inc. (NYSE:AMG) has risen 16.50% since April 23, 2017 and is uptrending. It has outperformed by 4.95% the S&P500.

Investors sentiment decreased to 1.14 in 2017 Q4. Its down 0.05, from 1.19 in 2017Q3. It worsened, as 27 investors sold SON shares while 105 reduced holdings. 51 funds opened positions while 100 raised stakes. 67.37 million shares or 2.84% less from 69.34 million shares in 2017Q3 were reported. Assetmark Inc has invested 0% in Sonoco Products Company (NYSE:SON). Bokf Na reported 0.01% of its portfolio in Sonoco Products Company (NYSE:SON). Brookstone Mngmt reported 0.04% of its portfolio in Sonoco Products Company (NYSE:SON). Old Republic holds 0.59% or 351,800 shares. Rhumbline Advisers has 0.02% invested in Sonoco Products Company (NYSE:SON). Fdx Advsrs reported 24,350 shares stake. First Personal Fincl stated it has 2,182 shares or 0.02% of all its holdings. Susquehanna Intl Grp Inc Limited Liability Partnership has invested 0% of its portfolio in Sonoco Products Company (NYSE:SON). Chilton Limited Liability Corporation invested 0.12% of its portfolio in Sonoco Products Company (NYSE:SON). Cadence Cap Mngmt holds 0.04% or 10,762 shares in its portfolio. Asset Mgmt Inc reported 0.08% in Sonoco Products Company (NYSE:SON). United Cap Advisers Lc, California-based fund reported 54,168 shares. Ameriprise Fincl Inc reported 0.04% in Sonoco Products Company (NYSE:SON). Benjamin F Edwards Incorporated accumulated 1,325 shares or 0.01% of the stock. Colonial Advisors owns 4,849 shares for 0.04% of their portfolio.

Since October 26, 2017, it had 0 insider purchases, and 1 sale for $295,754 activity.

Among 14 analysts covering Sonoco Products Company (NYSE:SON), 3 have Buy rating, 1 Sell and 10 Hold. Therefore 21% are positive. Sonoco Products Company had 42 analyst reports since August 7, 2015 according to SRatingsIntel. On Monday, December 7 the stock rating was downgraded by Barclays Capital to “Underweight”. As per Tuesday, August 25, the company rating was downgraded by Zacks. Macquarie Research initiated Sonoco Products Company (NYSE:SON) rating on Tuesday, November 10. Macquarie Research has “Neutral” rating and $42 target. On Wednesday, July 19 the stock rating was maintained by BMO Capital Markets with “Hold”. The stock has “Buy” rating by Robert W. Baird on Friday, November 10. The company was reinitiated on Monday, November 16 by Deutsche Bank. The rating was downgraded by Vertical Research on Friday, July 22 to “Sell”. The company was initiated on Thursday, May 12 by Goldman Sachs. The firm earned “Hold” rating on Thursday, July 14 by Jefferies. KeyBanc Capital Markets maintained the stock with “Hold” rating in Sunday, December 3 report.

Ct Mason, which manages about $311.59 million and $284.11M US Long portfolio, upped its stake in Exxon Mobil Corp. (NYSE:XOM) by 4,840 shares to 22,710 shares, valued at $1.90M in 2017Q4, according to the filing. It also increased its holding in Berkshire Hathaway Inc. (BRKB) by 17,995 shares in the quarter, for a total of 31,025 shares, and has risen its stake in Citigroup (NYSE:C).

Since March 7, 2018, it had 0 insider purchases, and 1 insider sale for $5.69 million activity.

Analysts await Affiliated Managers Group, Inc. (NYSE:AMG) to report earnings on May, 7. They expect $3.88 EPS, up 20.87% or $0.67 from last year’s $3.21 per share. AMG’s profit will be $211.46 million for 11.04 P/E if the $3.88 EPS becomes a reality. After $4.68 actual EPS reported by Affiliated Managers Group, Inc. for the previous quarter, Wall Street now forecasts -17.09% negative EPS growth.

Investors sentiment increased to 1.13 in Q4 2017. Its up 0.22, from 0.91 in 2017Q3. It increased, as 30 investors sold AMG shares while 145 reduced holdings. 62 funds opened positions while 135 raised stakes. 49.42 million shares or 0.29% less from 49.56 million shares in 2017Q3 were reported. Invesco Limited reported 0.05% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). The Colorado-based Ghp Advisors has invested 0.03% in Affiliated Managers Group, Inc. (NYSE:AMG). Old Mutual Customised Solutions (Proprietary) Limited holds 500 shares or 0.01% of its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh accumulated 2,680 shares. Kentucky Retirement has 3,428 shares for 0.05% of their portfolio. State Treasurer State Of Michigan holds 0.03% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG) for 16,256 shares. Amer Intll Group reported 20,823 shares. New York State Teachers Retirement has invested 0.04% in Affiliated Managers Group, Inc. (NYSE:AMG). Bankshares Of Mellon holds 0.03% or 579,976 shares in its portfolio. Advisor Partners Limited Company has invested 0.05% in Affiliated Managers Group, Inc. (NYSE:AMG). Sei Com owns 119,749 shares. Conning Incorporated invested 0.01% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG). Gofen & Glossberg Ltd Liability Com Il holds 0.01% in Affiliated Managers Group, Inc. (NYSE:AMG) or 1,006 shares. Northern Tru Corp holds 604,603 shares. Dearborn Ptnrs Limited Co stated it has 0.03% of its portfolio in Affiliated Managers Group, Inc. (NYSE:AMG).

Sonoco Products Company (NYSE:SON) Institutional Positions Chart

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