Aperio Group Has Raised Its Sonoco Products (SON) Stake, Christopher & Banks (CBK) Covered By 2 Bullish Analysts Last Week

July 5, 2017 - By Darrin Black

Aperio Group Llc increased Sonoco Products (SON) stake by 21.17% reported in 2016Q4 SEC filing. Aperio Group Llc acquired 12,809 shares as Sonoco Products (SON)’s stock declined 4.77%. The Aperio Group Llc holds 73,312 shares with $3.86M value, up from 60,503 last quarter. Sonoco Products now has $5.14B valuation. The stock rose 0.06% or $0.03 reaching $51.6 per share. About 317,428 shares traded. Sonoco Products Co (NYSE:SON) has risen 9.55% since July 5, 2016 and is uptrending. It has underperformed by 7.15% the S&P500.

Among 2 analysts covering Christopher & Banks Corporation (NYSE:CBK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Christopher & Banks Corporation had 5 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 19 by Zacks. The firm has “Buy” rating given on Friday, August 14 by Dougherty & Company. The rating was upgraded by Dougherty & Company on Thursday, April 7 to “Buy”. The stock of Christopher & Banks Corporation (NYSE:CBK) earned “Buy” rating by Brean Capital on Friday, August 14. Dougherty & Company downgraded Christopher & Banks Corporation (NYSE:CBK) on Monday, August 17 to “Neutral” rating. See Christopher & Banks Corporation (NYSE:CBK) latest ratings:

Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The company has market cap of $50.04 million. The Firm offers its clients an assortment of clothing for everyday needs. It currently has negative earnings. The Company’s merchandise assortments include creates of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes.

Investors sentiment increased to 1.05 in 2016 Q4. Its up 0.64, from 0.41 in 2016Q3. It increased, as 5 investors sold Christopher & Banks Corporation shares while 17 reduced holdings. 9 funds opened positions while 14 raised stakes. 18.34 million shares or 3.79% more from 17.67 million shares in 2016Q3 were reported. Blackrock Fund Advsrs, California-based fund reported 85,136 shares. 57,481 were accumulated by Bancorp Of Ny Mellon. Moreover, Art Advisors Ltd Liability Corp has 0.01% invested in Christopher & Banks Corporation (NYSE:CBK) for 50,345 shares. Parametric Port Limited Liability Corp reported 12,481 shares. Nine Chapters Mgmt Ltd Liability Corp has 0.08% invested in Christopher & Banks Corporation (NYSE:CBK). Manufacturers Life Co The reported 248 shares stake. The North Carolina-based Savings Bank Of America Corporation De has invested 0% in Christopher & Banks Corporation (NYSE:CBK). Perritt Capital Incorporated reported 326,000 shares. State Street Corporation has invested 0% in Christopher & Banks Corporation (NYSE:CBK). Bridgeway Cap Mngmt Inc invested in 383,800 shares. Vanguard Gru Inc holds 0% of its portfolio in Christopher & Banks Corporation (NYSE:CBK) for 1.31M shares. Blackrock Advisors Ltd Limited Liability Company has invested 0% in Christopher & Banks Corporation (NYSE:CBK). Palisade Asset Mgmt Limited Liability Corp holds 442,095 shares. Tower Cap Ltd Co (Trc) owns 28,030 shares. Massachusetts-based Geode Capital Management Ltd Liability Com has invested 0% in Christopher & Banks Corporation (NYSE:CBK).

About 172,314 shares traded. Christopher & Banks Corporation (NYSE:CBK) has declined 48.10% since July 5, 2016 and is downtrending. It has underperformed by 64.80% the S&P500.

Since March 16, 2017, it had 11 buys, and 0 sales for $888,433 activity. Shares for $524,177 were bought by DUSKIN JONATHAN on Thursday, March 16. WALLER JOEL N also bought $25,200 worth of Christopher & Banks Corporation (NYSE:CBK) shares. 1,250 Christopher & Banks Corporation (NYSE:CBK) shares with value of $1,875 were bought by Komarek Luke. Shares for $3,960 were bought by Stemper Cindy J on Thursday, June 1. On Friday, April 7 Dahl Monica L bought $10,683 worth of Christopher & Banks Corporation (NYSE:CBK) or 8,000 shares.

Since January 25, 2017, it had 0 buys, and 5 selling transactions for $656,558 activity. Harrell James A. III sold $32,261 worth of Sonoco Products Co (NYSE:SON) on Monday, March 6. Coker R. Howard also sold $516,977 worth of Sonoco Products Co (NYSE:SON) on Tuesday, February 28. Another trade for 884 shares valued at $48,620 was sold by SCHRUM ROGER P. MAHONEY KEVIN P also sold $28,398 worth of Sonoco Products Co (NYSE:SON) on Friday, February 17.

Among 10 analysts covering Sonoco Products Company (NYSE:SON), 1 have Buy rating, 4 Sell and 5 Hold. Therefore 10% are positive. Sonoco Products Company had 18 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, March 18 by Vertical Research. The firm has “Hold” rating by Jefferies given on Thursday, July 14. The firm earned “Underperform” rating on Monday, April 11 by DA Davidson. Argus Research downgraded the stock to “Hold” rating in Friday, December 9 report. The rating was downgraded by Bank of America on Monday, October 3 to “Underperform”. On Monday, December 7 the stock rating was downgraded by Barclays Capital to “Underweight”. The firm has “Sell” rating given on Monday, September 7 by Zacks. DA Davidson upgraded the shares of SON in report on Monday, April 24 to “Neutral” rating. Bank of America downgraded Sonoco Products Co (NYSE:SON) on Friday, March 18 to “Neutral” rating. The stock of Sonoco Products Co (NYSE:SON) earned “Sell” rating by Zacks on Friday, August 7.

Aperio Group Llc decreased Ford Mtr Co Del (NYSE:F) stake by 32,825 shares to 1.34M valued at $16.24 million in 2016Q4. It also reduced Kt Corp Sponsored Adr (NYSE:KT) stake by 38,891 shares and now owns 698,861 shares. Wal Mart Stores Inc (NYSE:WMT) was reduced too.

Investors sentiment decreased to 0.87 in 2016 Q4. Its down 0.02, from 0.89 in 2016Q3. It dropped, as 23 investors sold SON shares while 122 reduced holdings. 34 funds opened positions while 92 raised stakes. 70.18 million shares or 2.68% more from 68.35 million shares in 2016Q3 were reported. 4,327 were reported by Parametrica Ltd. Raymond James Financial Advsr owns 9,660 shares. State Of Tennessee Treasury Department stated it has 41,900 shares. Old Republic invested in 0.67% or 351,800 shares. Schwab Charles Invest Mngmt, California-based fund reported 433,525 shares. 37,724 are owned by Los Angeles Capital Management Equity Rech Incorporated. 32,850 were accumulated by Systematic Fincl Mgmt L P. M&T Commercial Bank stated it has 59,307 shares. Kcg Incorporated accumulated 5,321 shares. Buckhead Mgmt Lc has invested 0.11% of its portfolio in Sonoco Products Co (NYSE:SON). 2.85M are held by Ameriprise Fincl. Gemmer Asset Mngmt Lc has invested 0.01% of its portfolio in Sonoco Products Co (NYSE:SON). Wharton Business Group accumulated 157,310 shares or 0.98% of the stock. Allianz Asset Mngmt Ag invested 0.04% of its portfolio in Sonoco Products Co (NYSE:SON). Bbva Compass Bancshares holds 4,368 shares or 0.02% of its portfolio.