Molson Coors Brewing Company

Thursday, 11 Jan, 2018

The institutional investor held 108,799 shares of the restaurants company at the end of 2017Q3, valued at $17.05 million, up from 105,552 at the end of the previous reported quarter. The company has market cap of $18.05 billion. The stock decreased 0.07% or $0.12 during the last trading session, reaching $173.93. About 1.83 million shares traded. (NASDAQ:ORRF) has risen 11.60% since January 9, 2017 and is uptrending. It has outperformed by 6.87% the S&P500.

Symons Capital Management Inc increased Molson Coors Brewing Co (TAP) stake by 33.07% reported in 2017Q3 SEC filing. Meridian Investment Counsel Inc bought 8,475 shares as the company's stock declined 7.34% while stock markets rallied. The Trillium Asset Management Llc holds 162,161 shares with $30.31M value, up from 160,414 last quarter. The stock increased 1.95% or $1.63 during the last trading session, reaching $85.26. The hedge fund run by Scott Burney held 1.79M shares of the semiconductors company at the end of 2017Q3, valued at $2.23M, up from 954,700 at the end of the previous reported quarter. Molson Coors Brewing Company (NYSE:TAP) has declined 3.45% since January 9, 2017 and is downtrending. It has underperformed by 20.15% the S&P500.

Investors sentiment increased to 1.18 in Q3 2017. Its down 0.11, from 1.18 in 2017Q2. It is positive, as 48 investors sold TAP shares while 137 reduced holdings. 67 funds opened positions while 152 raised stakes. Janney Montgomery Scott LLC now owns 2,525 shares of the company's stock worth $218,000 after purchasing an additional 350 shares during the period.

News coverage about Molson Coors Brewing (NYSE:TAP) has been trending somewhat positive on Wednesday, according to Accern Sentiment. Deutsche State Bank Ag, a Germany-based fund reported 347,615 shares. Glg Limited Liability Corporation stated it has 8,267 shares or 0.04% of all its holdings. 4,208 were reported by Federated Incorporated Pa. Ontario Teachers Pension Plan Board holds 0.07% or 64,911 shares. Trust Department Mb Fin National Bank N A holds 0% of its portfolio in GameStop Corp. Clearbridge Investments Llc owns 4,090 shares. 4,076 were accumulated by Fiduciary Trust. Mitsubishi Ufj Tru And Banking has invested 0.06% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). Old Mutual Customised Solutions (Proprietary) owns 3,246 shares or 0.04% of their United States portfolio. Strs Ohio invested in 605,977 shares. Quantum Capital Mngmt reported 0.13% stake.

Among 13 analysts covering Molson Coors Brewing Company (NYSE:TAP), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. NXP Semiconductors NV had 60 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Molson Coors Brewing Company (NYSE:TAP) earned "Buy" rating by Bryan Garnier & Cie on Friday, July 8. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The rating was maintained by RBC Capital Markets with "Hold" on Tuesday, August 29. The company was maintained on Monday, October 10 by Goldman Sachs. The rating was maintained by Susquehanna on Friday, June 2 with "Buy". The stock of NXP Semiconductors N.V. (NASDAQ:NXPI) has "Hold" rating given on Thursday, August 3 by Oppenheimer. The firm has "Market Perform" rating given on Monday, October 23 by Leerink Swann. On Friday, August 28 the stock rating was downgraded by Benchmark to "Hold". New York-based Claar Advsrs Ltd Company has invested 0.15% in Molson Coors Brewing Company (NYSE:TAP).

Prudential Public Llc owns 1.16 million shares for 0.68% of their portfolio.

Franklin Resources Inc, which manages about $203.98B US Long portfolio, upped its stake in 3M Co (NYSE:MMM) by 5,344 shares to 1.05 million shares, valued at $219.47 million in 2017Q3, according to the filing. (NYSE:RCI) stake by 10,715 shares to 318,891 valued at $16.44 million in 2017Q3. It also reduced its holding in Icu Medical Inc. It also reduced its holding in American Intl Group Inc (NYSE:AIG) by 79,418 shares in the quarter, leaving it with 220,867 shares, and cut its stake in Seaworld Entmt Inc (NYSE:SEAS). Its down 0.01, from 0.78 in 2017Q2. Waddell Reed invested in 933,351 shares. Ci Invests Inc reported 1.08 million shares. (NYSE:GME) rating on Thursday, November 3. Stearns holds 6,992 shares or 0.28% of its portfolio. Fort Washington Inv Advsr Oh owns 0.02% invested in The Mosaic Company (NYSE:MOS) for 47,659 shares. Putnam Invests Ltd Limited Liability Company owns 918,427 shares. Hutchin Hill Lp owns 187,400 shares. Veritable Ltd Partnership invested in 2,484 shares. Conning Inc. boosted its stake in shares of Molson Coors Brewing by 5.0% in the second quarter. Moreover, Bnp Paribas Arbitrage has 0.03% invested in Nordstrom, Inc. About 16,482 shares traded. Thrivent Fincl For Lutherans, a Minnesota-based fund reported 7,310 shares.

Since August 9, 2017, it had 0 insider purchases, and 3 insider sales for $3.75 million activity.

In other Molson Coors Brewing news, CFO Tracey Joubert sold 1,000 shares of the company's stock in a transaction that occurred on Friday, December 1st. Molson Coors Brewing had a net margin of 17.04% and a return on equity of 7.54%. The stock has "Buy" rating by Keefe Bruyette & Woods on Thursday, July 27. The firm has "Buy" rating given on Wednesday, August 5 by Zacks. (NYSE:GME) on Monday, February 22 with "Sell" rating. The company presently has an average rating of "Buy" and an average price target of $122.63. On Tuesday, December 20 the stock rating was maintained by Stifel Nicolaus with "Buy". Los Angeles Capital Equity Rech reported 0.07% of its portfolio in Molson Coors Brewing Company (NYSE:TAP). Susquehanna maintained the stock with "Buy" rating in Wednesday, August 2 report. The company was maintained on Friday, March 3 by Telsey Advisory Group.