Amg National Trust Bank Has Boosted Molson Coors (TAP) Holding; Trueblue (TBI) Shorts Down By 12.75%

January 13, 2018 - By Stephen Andrade

Amg National Trust Bank increased Molson Coors (TAP) stake by 14.88% reported in 2017Q3 SEC filing. Amg National Trust Bank acquired 35,136 shares as Molson Coors (TAP)’s stock declined 7.34%. The Amg National Trust Bank holds 271,241 shares with $22.14M value, up from 236,105 last quarter. Molson Coors now has $18.28B valuation. The stock increased 0.46% or $0.39 during the last trading session, reaching $84.88. About 1.19 million shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 3.45% since January 13, 2017 and is downtrending. It has underperformed by 20.15% the S&P500.

Trueblue Incorporated (NYSE:TBI) had a decrease of 12.75% in short interest. TBI’s SI was 614,300 shares in January as released by FINRA. Its down 12.75% from 704,100 shares previously. With 242,100 avg volume, 3 days are for Trueblue Incorporated (NYSE:TBI)’s short sellers to cover TBI’s short positions. The SI to Trueblue Incorporated’s float is 1.54%. The stock decreased 2.32% or $0.65 during the last trading session, reaching $27.4. About 129,141 shares traded. TrueBlue, Inc. (NYSE:TBI) has risen 44.92% since January 13, 2017 and is uptrending. It has outperformed by 28.22% the S&P500.

Among 15 analysts covering Molson Coors Brewing Company (NYSE:TAP), 7 have Buy rating, 1 Sell and 7 Hold. Therefore 47% are positive. Molson Coors Brewing Company had 44 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Wednesday, February 15 by UBS. Citigroup upgraded the stock to “Buy” rating in Friday, July 29 report. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Buy” rating by Susquehanna on Friday, June 2. The firm has “Hold” rating given on Saturday, August 8 by Zacks. Susquehanna maintained Molson Coors Brewing Company (NYSE:TAP) rating on Wednesday, September 21. Susquehanna has “Positive” rating and $159 target. The company was maintained on Friday, December 22 by Stifel Nicolaus. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Hold” rating given on Friday, May 5 by Societe Generale. Stifel Nicolaus maintained it with “Buy” rating and $115.0 target in Monday, October 23 report. As per Wednesday, August 2, the company rating was maintained by Susquehanna. The rating was initiated by Bryan Garnier & Cie with “Buy” on Tuesday, November 17.

Since August 3, 2017, it had 0 insider buys, and 1 insider sale for $1.58 million activity. $1.58 million worth of stock was sold by Hattersley Gavin on Thursday, August 3.

Investors sentiment increased to 1.18 in Q3 2017. Its up 0.28, from 0.9 in 2017Q2. It is positive, as 48 investors sold TAP shares while 137 reduced holdings. 67 funds opened positions while 152 raised stakes. 161.22 million shares or 2.19% less from 164.83 million shares in 2017Q2 were reported. Sun Life Financial Incorporated has invested 0.01% in Molson Coors Brewing Company (NYSE:TAP). Virtus Investment Advisers invested in 1,760 shares or 0.02% of the stock. Keybank Natl Association Oh stated it has 6,351 shares. 7,738 were reported by Hermes Management Ltd. 243,718 are held by Nordea Invest Mngmt. Blackrock reported 11.05M shares or 0.05% of all its holdings. Mutual Of America Management Ltd Co invested in 23,666 shares or 0.03% of the stock. Moreover, Cambridge Invest Research Advsr Incorporated has 0.01% invested in Molson Coors Brewing Company (NYSE:TAP). Invesco reported 237,591 shares. National Bank & Trust Of Montreal Can holds 0% or 24 shares. Guardian LP owns 3,737 shares for 0% of their portfolio. 60 are held by City Hldg. 585,094 were reported by Guggenheim Cap Ltd Liability. Kbc Nv has invested 0.04% in Molson Coors Brewing Company (NYSE:TAP). Ibm Retirement Fund accumulated 0.04% or 2,572 shares.

Amg National Trust Bank decreased Ishares (EFA) stake by 9,855 shares to 1.30M valued at $89.29M in 2017Q3. It also reduced Ishares (ACWX) stake by 9,263 shares and now owns 1.62 million shares. Vanguard (BND) was reduced too.

Investors sentiment decreased to 1.43 in Q3 2017. Its down 0.40, from 1.83 in 2017Q2. It is negative, as 20 investors sold TrueBlue, Inc. shares while 47 reduced holdings. 29 funds opened positions while 67 raised stakes. 37.18 million shares or 0.83% less from 37.49 million shares in 2017Q2 were reported. California State Teachers Retirement Systems holds 0% or 66,375 shares in its portfolio. Royal Commercial Bank Of Canada owns 4,026 shares or 0% of their US portfolio. Numeric Limited Liability Corporation holds 486,344 shares. Dimensional Fund Advisors Lp invested in 2.22 million shares or 0.02% of the stock. Piedmont Investment Advisors Limited Liability invested 0% of its portfolio in TrueBlue, Inc. (NYSE:TBI). Matarin Cap Limited Liability accumulated 0.88% or 462,835 shares. Teachers Retirement Systems Of The State Of Kentucky stated it has 16,293 shares or 0% of all its holdings. Goldman Sachs Grp Incorporated holds 0% or 221,186 shares. Reinhart Prtn has 0.11% invested in TrueBlue, Inc. (NYSE:TBI). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,180 shares. Legal And General Gp Pcl invested in 0% or 82,553 shares. Pacad Inv holds 6,200 shares or 0.03% of its portfolio. Tci Wealth holds 0% of its portfolio in TrueBlue, Inc. (NYSE:TBI) for 47 shares. Ameriprise Financial, a Minnesota-based fund reported 917,628 shares. Moreover, Pinebridge Invests L P has 0.03% invested in TrueBlue, Inc. (NYSE:TBI) for 49,445 shares.

TrueBlue, Inc. provides contingent staffing, recruitment process outsourcing, and contingent staffing management services in the United States, Canada, and Puerto Rico. The company has market cap of $1.01 billion. It operates through three divisions: PeopleReady, PeopleManagement, and PeopleScout. It has a 20 P/E ratio. The PeopleReady segment offers a range of staffing solutions for blue-collar, contingent on-demand, and skilled labor in retail, manufacturing, warehousing, logistics, energy, construction, hospitality, and other industries under Labor Ready, CLP Resources, and Spartan Staffing brand names.

Among 5 analysts covering TrueBlue (NYSE:TBI), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. TrueBlue had 19 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Tuesday, October 31 by Robert W. Baird. The firm has “Market Outperform” rating given on Thursday, April 21 by Avondale. The firm has “Neutral” rating given on Wednesday, January 13 by Bank of America. The firm has “Outperform” rating given on Thursday, October 22 by Robert W. Baird. The stock of TrueBlue, Inc. (NYSE:TBI) earned “Hold” rating by Robert W. Baird on Friday, September 1. The company was maintained on Wednesday, November 1 by BMO Capital Markets. The firm has “Underperform” rating given on Thursday, April 21 by BMO Capital Markets. The stock has “Mkt Perform” rating by Avondale on Monday, December 19. The firm earned “Hold” rating on Friday, May 26 by BMO Capital Markets. Deutsche Bank downgraded TrueBlue, Inc. (NYSE:TBI) on Friday, October 16 to “Hold” rating.