Akre Capital Management Has Upped Its Holding in O Reilly Automotive New (ORLY) as Shares Declined; Overbrook Management Position in Cott Que (COT) Has Raised as Shares Rose

February 15, 2018 - By Vivian Currie

Overbrook Management Corp increased its stake in Cott Corp Que (COT) by 3.11% based on its latest 2017Q3 regulatory filing with the SEC. Overbrook Management Corp bought 56,472 shares as the company’s stock rose 17.69% with the market. The hedge fund held 1.87M shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $28.12 million, up from 1.82 million at the end of the previous reported quarter. Overbrook Management Corp who had been investing in Cott Corp Que for a number of months, seems to be bullish on the $2.13 billion market cap company. The stock increased 0.26% or $0.04 during the last trading session, reaching $15.52. About 219,821 shares traded. Cott Corporation (NYSE:COT) has declined 10.50% since February 15, 2017 and is downtrending. It has underperformed by 27.20% the S&P500.

Charles Akre increased its stake in O Reilly Automotive Inc New (ORLY) by 58.72% based on its latest 2017Q3 regulatory filing with the SEC. Akre Capital Management Llc bought 700,600 shares as the company’s stock declined 6.25% while stock markets rallied. The hedge fund run by Charles Akre held 1.89M shares of the consumer services company at the end of 2017Q3, valued at $407.83 million, up from 1.19M at the end of the previous reported quarter. Akre Capital Management Llc who had been investing in O Reilly Automotive Inc New for a number of months, seems to be bullish on the $21.01B market cap company. The stock increased 0.69% or $1.71 during the last trading session, reaching $249.26. About 294,906 shares traded. O'Reilly Automotive, Inc. (NASDAQ:ORLY) has declined 1.60% since February 15, 2017 and is downtrending. It has underperformed by 18.30% the S&P500.

Since September 8, 2017, it had 0 buys, and 2 insider sales for $219,115 activity. $89,030 worth of stock was sold by Ausher Jason R on Friday, September 8.

Among 11 analysts covering Cott Corporation (NYSE:COT), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Cott Corporation had 38 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 20 by RBC Capital Markets. On Monday, November 13 the stock rating was maintained by Jefferies with “Hold”. As per Tuesday, December 6, the company rating was downgraded by Stifel Nicolaus. The firm has “Buy” rating given on Friday, August 11 by RBC Capital Markets. Jefferies maintained the stock with “Hold” rating in Friday, October 6 report. The rating was initiated by Canaccord Genuity with “Buy” on Tuesday, December 1. As per Monday, June 12, the company rating was maintained by Jefferies. Stifel Nicolaus maintained the stock with “Hold” rating in Wednesday, September 27 report. Jefferies maintained Cott Corporation (NYSE:COT) on Thursday, January 4 with “Hold” rating. Stifel Nicolaus downgraded Cott Corporation (NYSE:COT) on Thursday, April 14 to “Hold” rating.

Overbrook Management Corp, which manages about $1.12B and $442.43M US Long portfolio, decreased its stake in Voya Finl Inc (NYSE:VOYA) by 21,934 shares to 81,760 shares, valued at $3.26M in 2017Q3, according to the filing. It also reduced its holding in Fibrogen Inc by 41,120 shares in the quarter, leaving it with 11,100 shares, and cut its stake in Citigroup Inc (NYSE:C).

Investors sentiment increased to 1.42 in Q3 2017. Its up 0.56, from 0.86 in 2017Q2. It is positive, as 14 investors sold COT shares while 29 reduced holdings. 18 funds opened positions while 43 raised stakes. 102.05 million shares or 7.26% more from 95.15 million shares in 2017Q2 were reported. Phoenix Investment Adviser Lc owns 91,400 shares or 1.07% of their US portfolio. Point72 Asset L P, Connecticut-based fund reported 4.71M shares. Renaissance Lc owns 328,219 shares or 0.01% of their US portfolio. Three Peaks Cap Mngmt Lc holds 1.85% or 833,018 shares in its portfolio. Loomis Sayles Co Ltd Partnership stated it has 0.03% in Cott Corporation (NYSE:COT). Lord Abbett & Communications Ltd Llc has invested 0.09% in Cott Corporation (NYSE:COT). 85,300 were accumulated by Art Advsrs Ltd Liability. Manufacturers Life Insurance The holds 0% or 114,038 shares in its portfolio. Symons Capital Mngmt Inc owns 52,548 shares. Cubist Systematic Strategies Ltd Liability Co has invested 0.02% of its portfolio in Cott Corporation (NYSE:COT). Brant Point Invest Ltd Co holds 156,958 shares or 0.25% of its portfolio. Shell Asset Management invested in 23,584 shares. Overbrook has 6.36% invested in Cott Corporation (NYSE:COT) for 1.87 million shares. Prudential Public Limited Com holds 913,400 shares or 0.04% of its portfolio. The Germany-based Deutsche Savings Bank Ag has invested 0% in Cott Corporation (NYSE:COT).

Since August 25, 2017, it had 0 insider buys, and 11 selling transactions for $13.26 million activity. 5,000 shares valued at $986,993 were sold by OREILLY LAWRENCE P on Friday, September 1. The insider JOHNSON RANDY sold 1,040 shares worth $250,994. 5,000 O'Reilly Automotive, Inc. (NASDAQ:ORLY) shares with value of $1.00 million were sold by WOOTEN ROSALIE OREILLY. SHAW JEFF M had sold 10,000 shares worth $2.50 million. On Friday, January 19 Groves Jeffrey Lynn sold $1.35 million worth of O'Reilly Automotive, Inc. (NASDAQ:ORLY) or 5,000 shares.

Akre Capital Management Llc, which manages about $3.20B and $6.84 billion US Long portfolio, decreased its stake in Lkq Corp (NASDAQ:LKQ) by 400,000 shares to 3.15M shares, valued at $113.37M in 2017Q3, according to the filing. It also reduced its holding in Monro Muffler Brake Inc (NASDAQ:MNRO) by 22,700 shares in the quarter, leaving it with 1.60M shares, and cut its stake in Mastercard Inc (NYSE:MA).

Among 26 analysts covering O’Reilly Automotive (NASDAQ:ORLY), 16 have Buy rating, 0 Sell and 10 Hold. Therefore 62% are positive. O’Reilly Automotive had 71 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Wolfe Research on Tuesday, April 12. On Sunday, October 22 the stock rating was maintained by RBC Capital Markets with “Hold”. Deutsche Bank maintained the stock with “Hold” rating in Friday, July 31 report. UBS maintained the shares of ORLY in report on Thursday, October 26 with “Buy” rating. The firm has “Buy” rating by Jefferies given on Tuesday, September 15. Credit Suisse maintained it with “Neutral” rating and $264 target in Thursday, February 8 report. The firm has “Hold” rating by RBC Capital Markets given on Friday, September 8. RBC Capital Markets maintained O'Reilly Automotive, Inc. (NASDAQ:ORLY) on Friday, July 31 with “Sector Perform” rating. The rating was maintained by Jefferies with “Buy” on Wednesday, August 9. As per Monday, September 11, the company rating was maintained by Jefferies.

Investors sentiment increased to 0.93 in 2017 Q3. Its up 0.17, from 0.76 in 2017Q2. It improved, as 79 investors sold ORLY shares while 194 reduced holdings. 90 funds opened positions while 164 raised stakes. 71.25 million shares or 11.93% less from 80.90 million shares in 2017Q2 were reported. Wesbanco Retail Bank Inc stated it has 6,410 shares or 0.07% of all its holdings. Sather Fin Grp Inc has invested 0.25% of its portfolio in O'Reilly Automotive, Inc. (NASDAQ:ORLY). 9,969 were reported by Sector Pension Inv Board. Groesbeck Inv Nj stated it has 0.3% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Boston Advsr Ltd Liability holds 0.04% or 7,867 shares. 1,633 were accumulated by Congress Asset Mngmt Ma. Mitsubishi Ufj And Bk reported 187,313 shares or 0.07% of all its holdings. Robeco Institutional Asset Management Bv stated it has 4,592 shares. Eads & Heald Inv Counsel accumulated 5,563 shares. Greenleaf Trust invested 0% in O'Reilly Automotive, Inc. (NASDAQ:ORLY). Apg Asset Mngmt Nv invested in 0.05% or 139,077 shares. 8,432 are held by Commonwealth Equity. 5,318 were accumulated by First Merchants. Barrett Asset Mgmt Ltd Liability Corporation owns 40 shares or 0% of their US portfolio. Korea Inv Corporation owns 29,677 shares for 0.03% of their portfolio.

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