Bank Of Nova Scotia Has Lifted By $1.54 Million Its Sun Life Finl (SLF) Stake, Shorts at Bon Ton Stores (BONT) Lowered By 4.46%

May 31, 2017 - By Peter Erickson

Bank Of Nova Scotia increased Sun Life Finl Inc (SLF) stake by 0.59% reported in 2016Q4 SEC filing. Bank Of Nova Scotia acquired 40,566 shares as Sun Life Finl Inc (SLF)’s stock declined 12.84%. The Bank Of Nova Scotia holds 6.95 million shares with $267.01 million value, up from 6.91 million last quarter. Sun Life Finl Inc now has $19.92B valuation. The stock declined 1.44% or $0.48 reaching $32.42 on the news. About 270,656 shares traded. Sun Life Financial Inc (NYSE:SLF) has declined 1.22% since May 31, 2016 and is downtrending. It has underperformed by 17.92% the S&P500.

Bon Ton Stores Incorporated (NASDAQ:BONT) had a decrease of 4.46% in short interest. BONT’s SI was 1.79M shares in May as released by FINRA. Its down 4.46% from 1.87M shares previously. With 54,500 avg volume, 33 days are for Bon Ton Stores Incorporated (NASDAQ:BONT)’s short sellers to cover BONT’s short positions. The SI to Bon Ton Stores Incorporated’s float is 21.66%. About 177,241 shares traded or 86.77% up from the average. Bon-Ton Stores Inc (NASDAQ:BONT) has declined 58.54% since May 31, 2016 and is downtrending. It has underperformed by 75.24% the S&P500.

The Bon-Ton Stores, Inc. is a department store operator. The company has market cap of $10.82 million. The Firm operates through two divisions: stores and eCommerce . It currently has negative earnings. The Firm offers a range of brand-name fashion apparel and accessories for women, men and children.

Investors sentiment increased to 0.8 in Q4 2016. Its up 0.04, from 0.76 in 2016Q3. It is positive, as 4 investors sold Bon-Ton Stores Inc shares while 11 reduced holdings. 4 funds opened positions while 8 raised stakes. 5.93 million shares or 4.01% less from 6.18 million shares in 2016Q3 were reported. Royal Natl Bank Of Canada holds 0% or 47,750 shares in its portfolio. Blackrock Advisors Ltd holds 2,228 shares or 0% of its portfolio. Wells Fargo & Mn owns 0% invested in Bon-Ton Stores Inc (NASDAQ:BONT) for 201 shares. Raymond James Fincl Ser Advsrs Inc reported 0% in Bon-Ton Stores Inc (NASDAQ:BONT). 40 were reported by Barclays Public Limited Co. Dimensional Fund Advsr Lp holds 0% of its portfolio in Bon-Ton Stores Inc (NASDAQ:BONT) for 337,605 shares. Vanguard Group Inc holds 0% of its portfolio in Bon-Ton Stores Inc (NASDAQ:BONT) for 518,099 shares. Janney Montgomery Scott Limited Com owns 159,343 shares or 0% of their US portfolio. 20,667 were reported by Northern Corp. Bridgeway Mgmt Incorporated reported 0.01% in Bon-Ton Stores Inc (NASDAQ:BONT). Deutsche Comml Bank Ag owns 323 shares for 0% of their portfolio. Stifel Fin stated it has 0% of its portfolio in Bon-Ton Stores Inc (NASDAQ:BONT). Gabelli Funds Lc owns 340,000 shares. Morgan Stanley reported 19,885 shares stake. Gamco Investors Inc Et Al invested in 568,000 shares.

Among 4 analysts covering Bon-Ton Stores (NASDAQ:BONT), 0 have Buy rating, 3 Sell and 1 Hold. Therefore 0 are positive. Bon-Ton Stores had 7 analyst reports since August 21, 2015 according to SRatingsIntel. Imperial Capital downgraded it to “Hold” rating and $2 target in Tuesday, September 1 report. The stock has “Underperform” rating by Telsey Advisory Group on Friday, August 21. The firm has “Underperform” rating by Wesley Advisory Group given on Friday, August 21. Credit Suisse downgraded Bon-Ton Stores Inc (NASDAQ:BONT) rating on Friday, April 15. Credit Suisse has “Underperform” rating and $1.50 target. The firm has “Underperform” rating by Telsey Advisory Group given on Friday, November 20. Zacks upgraded the shares of BONT in report on Friday, August 21 to “Sell” rating.

Bank Of Nova Scotia decreased Boeing Co (NYSE:BA) stake by 87,682 shares to 216,974 valued at $33.78M in 2016Q4. It also reduced Ares Cap Corp (NASDAQ:ARCC) stake by 286,800 shares and now owns 86,200 shares. Toronto Dominion Bk Ont (NYSE:TD) was reduced too.