Altrinsic Global Advisors Has Increased Its China Unicom (Hong Kong) LTD (CHU) Holding; 3 Analysts Are Bullish Sonoco Products Co (SON) Last Week

September 10, 2017 - By Migdalia James

Altrinsic Global Advisors Llc increased China Unicom (Hong Kong) Ltd (CHU) stake by 66.42% reported in 2016Q4 SEC filing. Altrinsic Global Advisors Llc acquired 38,332 shares as China Unicom (Hong Kong) Ltd (CHU)’s stock rose 10.19%. The Altrinsic Global Advisors Llc holds 96,047 shares with $1.11M value, up from 57,715 last quarter. China Unicom (Hong Kong) Ltd now has $34.75 billion valuation. The stock decreased 0.35% or $0.05 on September 8, reaching $14.42. About 590,666 shares traded. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) has risen 26.03% since September 10, 2016 and is uptrending. It has outperformed by 9.33% the S&P500.

Among 13 analysts covering Sonoco Products Company (NYSE:SON), 3 have Buy rating, 2 Sell and 8 Hold. Therefore 23% are positive. Sonoco Products Company had 30 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was upgraded by Zacks to “Sell” on Tuesday, September 1. The firm has “Underweight” rating by Barclays Capital given on Monday, July 24. The firm earned “Hold” rating on Tuesday, August 25 by Zacks. The stock of Sonoco Products Co (NYSE:SON) earned “Underperform” rating by DA Davidson on Monday, April 11. The firm has “Sell” rating by Vertical Research given on Friday, July 21. The company was maintained on Wednesday, September 6 by Jefferies. The stock of Sonoco Products Co (NYSE:SON) has “Underweight” rating given on Monday, December 7 by Barclays Capital. Deutsche Bank reinitiated the stock with “Hold” rating in Monday, November 16 report. Bank of America upgraded the shares of SON in report on Wednesday, September 6 to “Buy” rating. The stock of Sonoco Products Co (NYSE:SON) earned “Hold” rating by BMO Capital Markets on Friday, August 25. See Sonoco Products Co (NYSE:SON) latest ratings:

06/09/2017 Broker: Jefferies Rating: Hold New Target: $48.0 Maintain
06/09/2017 Broker: Bank of America Old Rating: Underperform New Rating: Buy Old Target: $56 Upgrade
25/08/2017 Broker: BMO Capital Markets Rating: Hold New Target: $54.0 Maintain
01/08/2017 Broker: Jefferies Rating: Hold New Target: $48.0000 Maintain
02/08/2017 Broker: Vertical Research Old Rating: Sell New Rating: Hold Upgrade
24/07/2017 Broker: Barclays Capital Rating: Underweight Old Target: $45 New Target: $48 Maintain
21/07/2017 Broker: Bank of America Rating: Underperform Old Target: $55 New Target: $56 Maintain
21/07/2017 Broker: Vertical Research Old Rating: Hold New Rating: Sell Downgrade
19/07/2017 Broker: BMO Capital Markets Rating: Hold New Target: $54.0000 Maintain
19/07/2017 Broker: Robert W. Baird Old Rating: Neutral New Rating: Outperform Upgrade

Among 11 analysts covering China Unicom (NYSE:CHU), 7 have Buy rating, 2 Sell and 2 Hold. Therefore 64% are positive. China Unicom had 19 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating by Bank of America given on Wednesday, August 30. As per Wednesday, April 6, the company rating was upgraded by Morgan Stanley. The firm has “Hold” rating by Deutsche Bank given on Monday, October 24. The firm earned “Neutral” rating on Wednesday, November 30 by Nomura. The stock has “Buy” rating by CLSA on Wednesday, March 9. The stock has “Buy” rating by Jefferies on Monday, August 24. Bernstein upgraded the shares of CHU in report on Thursday, August 18 to “Outperform” rating. The firm has “Reduce” rating by Nomura given on Thursday, August 24. The firm has “Buy” rating by Jefferies given on Friday, April 28. The firm has “Buy” rating by HSBC given on Thursday, February 4.

Altrinsic Global Advisors Llc decreased Kb Financial Group Inc (NYSE:KB) stake by 82,970 shares to 1.32 million valued at $46.61M in 2016Q4. It also reduced Time Warner Inc (NYSE:TWX) stake by 118,106 shares and now owns 829,662 shares. Nxstage Medical Inc (NASDAQ:NXTM) was reduced too.

The stock increased 0.02% or $0.01 on September 8, reaching $48.7. About 760,349 shares traded or 40.31% up from the average. Sonoco Products Co (NYSE:SON) has risen 9.55% since September 10, 2016 and is uptrending. It has underperformed by 7.15% the S&P500.

Since March 20, 2017, it had 0 insider buys, and 1 insider sale for $30,302 activity. The insider Harrell James A. III sold 556 shares worth $30,302.