Washington Trust Bancorp, Inc. (WASH) Forms $54.20 Double Top; Cott Has 1.42 Sentiment

Cott Corporation, together with its subsidiaries, produces and sells beverages on behalf of retailers, brand owners, and distributors worldwide. The company has market cap of $2.34 billion. The firm operates through four divisions: Water & Coffee Solutions, Cott North America, Cott United Kingdom, and All Other. It currently has negative earnings. The Company’s product lines include carbonated soft drinks, juice and juice products, energy drinks and shots, sports drinks, new age beverages, ready-to-drink teas, liquid enhancers, freezables, ready-to-drink alcoholic beverages, hot chocolate, malt drinks, creamers/whiteners, cereals, and beverage concentrates, as well as clear, still, and sparkling flavored waters.

Washington Trust Bancorp, Inc. (WASH) formed double top with $55.83 target or 3.00% above today’s $54.20 share price. Washington Trust Bancorp, Inc. (WASH) has $933.37 million valuation. The stock increased 2.36% or $1.25 during the last trading session, reaching $54.2. About 58,048 shares traded or 73.89% up from the average. Washington Trust Bancorp, Inc. (NASDAQ:WASH) has risen 30.56% since January 6, 2017 and is uptrending. It has outperformed by 13.86% the S&P500.

Overbrook Management Corp holds 6.36% of its portfolio in Cott Corporation for 1.87 million shares. P2 Capital Partners Llc owns 2.64 million shares or 4.63% of their US portfolio. Moreover, Adi Capital Management Llc has 4.08% invested in the company for 549,988 shares. The New York-based Levin Capital Strategies L.P. has invested 3.55% in the stock. Owl Creek Asset Management L.P., a New York-based fund reported 3.06 million shares.

Since January 1, 0001, it had 0 buys, and 2 insider sales for $219,115 activity.

The stock increased 0.85% or $0.14 during the last trading session, reaching $16.58. About 666,522 shares traded. Cott Corporation (COT) has declined 10.50% since January 5, 2017 and is downtrending. It has underperformed by 27.20% the S&P500.

Analysts await Cott Corporation (NYSE:COT) to report earnings on February, 22. They expect $0.02 earnings per share, up 100.00% or $0.01 from last year’s $0.01 per share. COT’s profit will be $2.82 million for 207.25 P/E if the $0.02 EPS becomes a reality. After $0.06 actual earnings per share reported by Cott Corporation for the previous quarter, Wall Street now forecasts -66.67% negative EPS growth.

Among 4 analysts covering Washington Trust Bancorp (NASDAQ:WASH), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Washington Trust Bancorp has $59.0 highest and $39.0 lowest target. $45.20’s average target is -16.61% below currents $54.2 stock price. Washington Trust Bancorp had 16 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by Compass Point to “Buy” on Thursday, January 26. The firm earned “Neutral” rating on Friday, November 18 by Compass Point. Keefe Bruyette & Woods maintained Washington Trust Bancorp, Inc. (NASDAQ:WASH) rating on Tuesday, September 26. Keefe Bruyette & Woods has “Hold” rating and $55.0 target. Keefe Bruyette & Woods upgraded Washington Trust Bancorp, Inc. (NASDAQ:WASH) rating on Wednesday, December 30. Keefe Bruyette & Woods has “Outperform” rating and $44 target. Compass Point downgraded Washington Trust Bancorp, Inc. (NASDAQ:WASH) on Tuesday, September 20 to “Neutral” rating. The firm earned “Hold” rating on Tuesday, October 24 by Compass Point. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. As per Monday, October 3, the company rating was downgraded by Keefe Bruyette & Woods. The stock of Washington Trust Bancorp, Inc. (NASDAQ:WASH) has “Buy” rating given on Monday, December 18 by Compass Point. The rating was maintained by Compass Point with “Neutral” on Tuesday, October 20.

Investors sentiment increased to 1.31 in Q3 2017. Its up 0.15, from 1.16 in 2017Q2. It increased, as 7 investors sold Washington Trust Bancorp, Inc. shares while 28 reduced holdings. 15 funds opened positions while 31 raised stakes. 9.43 million shares or 0.20% less from 9.45 million shares in 2017Q2 were reported. Us Savings Bank De reported 0% stake. Bridgeway Capital Mngmt owns 23,250 shares. Systematic Finance Mngmt Limited Partnership holds 154,100 shares. Riggs Asset Managment Communications Inc holds 0.19% or 7,400 shares in its portfolio. Thrivent Fin For Lutherans reported 61,540 shares. New England Research Mgmt Incorporated holds 73,859 shares or 3.1% of its portfolio. De Burlo Grp invested in 10,563 shares or 0.13% of the stock. Rhumbline Advisers has invested 0% of its portfolio in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Alliancebernstein Ltd Partnership holds 0% or 24,015 shares in its portfolio. Bessemer Grp Inc Inc invested 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). Banc Funds Co Lc holds 50,575 shares or 0.13% of its portfolio. State Street Corp reported 286,024 shares or 0% of all its holdings. Tiaa Cref Invest Management Ltd Limited Liability Company holds 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH) or 42,652 shares. New York-based Retail Bank Of New York Mellon Corporation has invested 0% in Washington Trust Bancorp, Inc. (NASDAQ:WASH). State Common Retirement Fund, New York-based fund reported 25,460 shares.

Since August 3, 2017, it had 0 insider buys, and 5 sales for $441,015 activity. ALGIERE DENNIS L sold $53,772 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) on Thursday, October 26. Noons Mary E. also sold $4,028 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) on Monday, August 7. 5,000 shares were sold by MarcAurele Joseph J, worth $264,011 on Thursday, August 3. $112,625 worth of Washington Trust Bancorp, Inc. (NASDAQ:WASH) was sold by HOXSIE KATHERINE W.