Ameriprise Financial Decreased Sonoco Products Co (SON) Stake By $6.07 Million; PTC Inc. (PTC) Covered By 12 Bulls

May 16, 2018 - By Jacob Smith

PTC Inc. (NASDAQ:PTC) Logo

Among 17 analysts covering PTC (NASDAQ:PTC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 71% are positive. PTC had 56 analyst reports since July 30, 2015 according to SRatingsIntel. On Thursday, August 31 the stock rating was maintained by Robert W. Baird with “Buy”. The firm has “Overweight” rating by Pacific Crest given on Thursday, October 8. The stock has “Buy” rating by Robert W. Baird on Friday, October 6. The stock of PTC Inc. (NASDAQ:PTC) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, October 26. The company was initiated on Friday, November 4 by Goldman Sachs. Berenberg maintained the shares of PTC in report on Monday, April 23 with “Buy” rating. On Thursday, August 6 the stock rating was initiated by CLSA with “Outperform”. On Thursday, January 18 the stock rating was maintained by Barclays Capital with “Buy”. The firm has “Hold” rating given on Wednesday, January 10 by Guggenheim. The firm has “Hold” rating given on Tuesday, August 18 by Zacks. See PTC Inc. (NASDAQ:PTC) latest ratings:

23/04/2018 Broker: Berenberg Rating: Buy New Target: $100.0000 Maintain
19/04/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $86 New Target: $88 Maintain
19/04/2018 Broker: Robert W. Baird Old Rating: Outperform New Rating: Outperform Old Target: $83 New Target: $95 Maintain
19/04/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $92 New Target: $94 Maintain
15/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $85.0000 Maintain
14/03/2018 Broker: Wedbush Rating: Buy New Target: $91.0 Maintain
09/03/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $79 New Target: $92 Maintain
05/03/2018 Broker: Robert W. Baird Rating: Buy New Target: $83.0 Maintain
25/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $78.0 Maintain
18/01/2018 Broker: Citigroup Rating: Buy New Target: $78.0

Ameriprise Financial Inc decreased Sonoco Products Co (SON) stake by 6.23% reported in 2017Q4 SEC filing. Ameriprise Financial Inc sold 114,577 shares as Sonoco Products Co (SON)’s stock declined 10.88%. The Ameriprise Financial Inc holds 1.72 million shares with $91.57M value, down from 1.84M last quarter. Sonoco Products Co now has $5.14B valuation. The stock increased 1.06% or $0.54 during the last trading session, reaching $51.65. About 204,913 shares traded. Sonoco Products Company (NYSE:SON) has declined 10.66% since May 16, 2017 and is downtrending. It has underperformed by 22.21% the S&P500.

Investors sentiment decreased to 1.14 in Q4 2017. Its down 0.05, from 1.19 in 2017Q3. It dropped, 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. Amundi Pioneer Asset Mgmt accumulated 0% or 1,254 shares. The United Kingdom-based Barclays Public Limited has invested 0% in Sonoco Products Company (NYSE:SON). Meeder Asset Management Inc reported 0% in Sonoco Products Company (NYSE:SON). New York State Common Retirement Fund holds 309,500 shares or 0.02% of its portfolio. Tower Research (Trc) has invested 0.01% in Sonoco Products Company (NYSE:SON). Whittier Tru Com holds 0% or 590 shares in its portfolio. New York State Teachers Retirement Systems holds 111,061 shares or 0.01% of its portfolio. Louisiana State Employees Retirement Sys invested in 0.06% or 25,100 shares. Hsbc Hldgs Public Ltd Liability Corp invested 0% in Sonoco Products Company (NYSE:SON). Fincl Counselors Incorporated, Missouri-based fund reported 121,447 shares. Voya Inv Mgmt Limited Liability Com invested in 35,482 shares or 0% of the stock. Oppenheimer Asset Mngmt owns 0.01% invested in Sonoco Products Company (NYSE:SON) for 9,360 shares. Blair William Com Il holds 0% or 5,671 shares. 12,464 are held by Retail Bank Of Montreal Can. Shufro Rose & Ltd Liability Corp invested in 1.94% or 371,334 shares.

Analysts await Sonoco Products Company (NYSE:SON) to report earnings on July, 19. They expect $0.86 EPS, up 21.13% or $0.15 from last year’s $0.71 per share. SON’s profit will be $85.62 million for 15.01 P/E if the $0.86 EPS becomes a reality. After $0.74 actual EPS reported by Sonoco Products Company for the previous quarter, Wall Street now forecasts 16.22% EPS growth.

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. The firm has “Underweight” rating given on Friday, October 20 by Barclays Capital. As per Wednesday, September 6, the company rating was maintained by Jefferies. The company was downgraded on Monday, December 7 by Barclays Capital. The firm has “Buy” rating by Robert W. Baird given on Friday, November 10. The rating was upgraded by Macquarie Research on Monday, November 23 to “Outperform”. The firm earned “Hold” rating on Friday, December 9 by Argus Research. The firm has “Sell” rating by Zacks given on Friday, August 7. The rating was maintained by Jefferies with “Hold” on Thursday, July 14. The stock of Sonoco Products Company (NYSE:SON) earned “Hold” rating by BMO Capital Markets on Friday, August 25. As per Friday, March 18, the company rating was downgraded by Bank of America.

Ameriprise Financial Inc increased Ishares Russell 1000 Value E (IWD) stake by 22,191 shares to 393,490 valued at $48.94 million in 2017Q4. It also upped Xo Group Inc (NYSE:XOXO) stake by 34,175 shares and now owns 184,509 shares. Sykes Enterprises Inc (NASDAQ:SYKE) was raised too.

Since April 20, 2018, it had 0 buys, and 5 selling transactions for $1.28 million activity. Shares for $248,404 were sold by Coker R. Howard on Monday, April 23. The insider ARTHUR VICKI B sold 3,780 shares worth $199,395. $58,353 worth of Sonoco Products Company (NYSE:SON) was sold by Thompson Marcy J. Fuller Rodger D sold $713,355 worth of stock or 13,974 shares. 1,081 shares were sold by MAHONEY KEVIN P, worth $56,410.

More important recent Sonoco Products Company (NYSE:SON) news were published by: Globenewswire.com which released: “Sonoco’s New Digital Printing for Displays Offers Brands Quality, Agility” on May 14, 2018, also Globenewswire.com published article titled: “Sonoco Announces Partnership with Agricultural Company Harvest CROO Robotics”, Globenewswire.com published: “Sonoco Reports Strong First Quarter 2018 Results” on April 19, 2018. More interesting news about Sonoco Products Company (NYSE:SON) was released by: Finance.Yahoo.com and their article: “Southern Company Leads 6 Dividend Stocks Boosting Payouts” with publication date: April 21, 2018.

Investors sentiment increased to 1.07 in Q4 2017. Its up 0.01, from 1.06 in 2017Q3. It increased, as 34 investors sold PTC Inc. shares while 106 reduced holdings. 58 funds opened positions while 92 raised stakes. 86.60 million shares or 0.81% less from 87.30 million shares in 2017Q3 were reported. Ems Capital Ltd Partnership has 600,000 shares. Jpmorgan Chase & Company has 229,802 shares for 0% of their portfolio. Brandywine Managers Llc reported 0.2% stake. Commonwealth Of Pennsylvania School Empls Retrmt owns 0.01% invested in PTC Inc. (NASDAQ:PTC) for 16,886 shares. Colony Ltd Limited Liability Company reported 0.01% of its portfolio in PTC Inc. (NASDAQ:PTC). Cubist Systematic Strategies Ltd Com holds 0.04% or 13,111 shares in its portfolio. Gateway Investment Advisers Ltd Llc stated it has 118,964 shares or 0.06% of all its holdings. Glenmede Trust Na invested in 0% or 4,330 shares. Sit Investment Assocs Inc holds 0.1% or 67,500 shares. One Trading Limited Partnership owns 0% invested in PTC Inc. (NASDAQ:PTC) for 531 shares. Lazard Asset Mgmt Ltd Liability holds 0.17% or 1.44M shares in its portfolio. The North Carolina-based Endowment Management Lp has invested 0.05% in PTC Inc. (NASDAQ:PTC). Quantitative Inv Management Llc has invested 0.13% in PTC Inc. (NASDAQ:PTC). Employees Retirement Systems Of Texas has invested 0.04% of its portfolio in PTC Inc. (NASDAQ:PTC). Sterling Cap Ltd Liability Co has 0.23% invested in PTC Inc. (NASDAQ:PTC).

More notable recent PTC Inc. (NASDAQ:PTC) news were published by: Nasdaq.com which released: “Analysis: Positioning to Benefit within PTC, Black Hills, Mack-Cali Realty, Milacron, Rexahn Pharmaceuticals, and …” on May 03, 2018, also Streetinsider.com with their article: “JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F” published on May 15, 2018, Seekingalpha.com published: “PTC beats and raises as subscription revenues jump” on April 18, 2018. More interesting news about PTC Inc. (NASDAQ:PTC) were released by: Businesswire.com and their article: “PTC Explores the Use of Augmented Reality Technology for Autism” published on April 24, 2018 as well as Businesswire.com‘s news article titled: “PTC to Participate in Three Upcoming Investor Conferences” with publication date: May 08, 2018.

The stock decreased 0.38% or $0.32 during the last trading session, reaching $84.33. About 828,779 shares traded. PTC Inc. (NASDAQ:PTC) has risen 49.73% since May 16, 2017 and is uptrending. It has outperformed by 38.18% the S&P500.

Sonoco Products Company (NYSE:SON) Institutional Positions Chart

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