Cott Corp (NYSE:COT) (TSE:BCB)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $13.28 and last traded at $13.40, with a volume of 214281 shares trading hands. The stock had previously closed at $13.58.

Several brokerages recently issued reports on COT. ValuEngine cut shares of Cott from a “buy” rating to a “hold” rating in a research report on Saturday, February 23rd. Zacks Investment Research upgraded shares of Cott from a “sell” rating to a “hold” rating in a research report on Thursday, February 28th. TD Securities cut shares of Cott from an “action list buy” rating to a “buy” rating and reduced their price target for the company from $20.00 to $17.00 in a research report on Friday, May 3rd. Finally, Citigroup set a $17.00 price target on shares of Cott and gave the company a “buy” rating in a research report on Friday, May 3rd. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $18.50.

The company has a current ratio of 1.07, a quick ratio of 0.85 and a debt-to-equity ratio of 1.24. The stock has a market cap of $1.82 billion, a PE ratio of 83.00 and a beta of 0.82.

Cott (NYSE:COT) (TSE:BCB) last announced its quarterly earnings results on Thursday, May 2nd. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.10). Cott had a net margin of 0.08% and a return on equity of 0.39%. The company had revenue of $574.10 million for the quarter, compared to analysts’ expectations of $566.04 million. During the same quarter in the prior year, the firm earned $0.03 EPS. Cott’s quarterly revenue was up 2.4% compared to the same quarter last year. On average, analysts expect that Cott Corp will post 0.31 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Friday, May 31st will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Thursday, May 30th. Cott’s dividend payout ratio is currently 150.00%.

In other Cott news, Director Steven P. Stanbrook acquired 13,500 shares of the business’s stock in a transaction on Tuesday, February 26th. The shares were acquired at an average price of $14.77 per share, for a total transaction of $199,395.00. Following the completion of the acquisition, the director now owns 13,500 shares in the company, valued at $199,395. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Charles R. Hinson acquired 51,405 shares of the business’s stock in a transaction on Tuesday, February 26th. The stock was acquired at an average price of $14.88 per share, for a total transaction of $764,906.40. Following the acquisition, the chief executive officer now owns 210,116 shares of the company’s stock, valued at approximately $3,126,526.08. The disclosure for this purchase can be found here. 3.99% of the stock is owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. New York State Common Retirement Fund grew its holdings in Cott by 20.9% in the fourth quarter. New York State Common Retirement Fund now owns 123,222 shares of the company’s stock worth $1,718,000 after purchasing an additional 21,282 shares during the period. AlphaCrest Capital Management LLC purchased a new stake in Cott in the fourth quarter worth about $555,000. First Hawaiian Bank grew its holdings in Cott by 24.5% in the fourth quarter. First Hawaiian Bank now owns 4,399 shares of the company’s stock worth $61,000 after purchasing an additional 865 shares during the period. Financial & Investment Management Group Ltd. grew its holdings in Cott by 5.6% in the fourth quarter. Financial & Investment Management Group Ltd. now owns 244,721 shares of the company’s stock worth $3,411,000 after purchasing an additional 12,977 shares during the period. Finally, CIBC Asset Management Inc grew its holdings in Cott by 3.2% in the fourth quarter. CIBC Asset Management Inc now owns 76,793 shares of the company’s stock worth $1,070,000 after purchasing an additional 2,365 shares during the period.

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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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