Sasco Capital Has Increased Its Crown Holdings (CCK) Holding by $5.71 Million; Hoplite Capital Management LP Increases Holding in Mosaic Co New (MOS)

June 20, 2018 - By wolcottdaily

Crown Holdings, Inc. (NYSE:CCK) Logo

John Lykouretzos increased its stake in Mosaic Co New (MOS) by 10.19% based on its latest 2018Q1 regulatory filing with the SEC. Hoplite Capital Management Lp bought 164,931 shares as the company’s stock declined 0.57% with the market. The hedge fund run by John Lykouretzos held 1.78 million shares of the agricultural chemicals company at the end of 2018Q1, valued at $43.31M, up from 1.62 million at the end of the previous reported quarter. Hoplite Capital Management Lp who had been investing in Mosaic Co New for a number of months, seems to be bullish on the $10.91 billion market cap company. The stock decreased 3.21% or $0.94 during the last trading session, reaching $28.31. About 4.91 million shares traded or 16.51% up from the average. The Mosaic Company (NYSE:MOS) has risen 22.40% since June 20, 2017 and is uptrending. It has outperformed by 9.83% the S&P500. Some Historical MOS News: 09/03/2018 – The Mosaic Company (MOS), Peers Jump to Session High; Chatter Suggests Potash Mine Collapse in Belarus; 08/05/2018 – MOSAIC EXPECTS PRICES WILL STAY FIRM LATER IN 2018; 10/05/2018 – The Mosaic Company Announces Board of Director Changes; 14/05/2018 – Mosaic: Excess Capacity Exists at Spaces in Plymouth, Minn., and FishHawk and Highland Oaks Locations in Florida; 07/05/2018 – Mosaic 1Q EPS 11c; 07/05/2018 – MOSAIC CO MOS.N FY2018 SHR VIEW $1.47 — THOMSON REUTERS l/B/E/S; 07/05/2018 – MOSAIC 1Q ADJ EPS 20C, EST. 28C; 22/03/2018 – Altius to Acquire Additional Potash Royalty Interests from Liberty Metals & Mining Holdings, LLC for C$65 Million; 07/05/2018 – MOSAIC CO SEES FY 2018 CAPITAL EXPENDITURES $900 MLN – $1,100 MLN; 17/05/2018 – MOSAIC SAYS IT HAS `NATURAL HEDGE’ FROM U.S.-CHINA TRADE SPAT

Sasco Capital Inc increased its stake in Crown Holdings Inc (CCK) by 7% based on its latest 2018Q1 regulatory filing with the SEC. Sasco Capital Inc bought 114,210 shares as the company’s stock declined 11.09% with the market. The institutional investor held 1.75M shares of the consumer durables company at the end of 2018Q1, valued at $88.56 million, up from 1.63 million at the end of the previous reported quarter. Sasco Capital Inc who had been investing in Crown Holdings Inc for a number of months, seems to be bullish on the $6.02 billion market cap company. The stock decreased 2.03% or $0.93 during the last trading session, reaching $44.84. About 4.30 million shares traded or 128.46% up from the average. Crown Holdings, Inc. (NYSE:CCK) has declined 20.25% since June 20, 2017 and is downtrending. It has underperformed by 32.82% the S&P500. Some Historical CCK News: 23/04/2018 – DJ Crown Holdings Inc, Inst Holders, 1Q 2018 (CCK); 18/04/2018 – Crown Holdings 1Q Adj EPS 94c; 18/04/2018 – Crown Holdings Sees 2Q Adj EPS $1.55-Adj EPS $1.65; 18/04/2018 – Crown Holdings 1Q EPS 67c; 18/04/2018 – CROWN HOLDINGS INC CCK.N SEES FY 2018 ADJUSTED SHR $5.35 TO $5.55; 18/04/2018 – CROWN HOLDINGS SEES 2Q ADJ EPS $1.55 TO $1.65, EST. $1.21; 25/05/2018 – Hartford MidCap Value Adds FMC Corp, Exits Crown Holdings; 11/05/2018 – Mondrian Adds Tetra Tech, Exits Crown Holdings: 13F; 18/04/2018 – CROWN HOLDINGS INC CCK.N FY2018 SHR VIEW $4.42 — THOMSON REUTERS l/B/E/S

Sasco Capital Inc, which manages about $6.25B and $2.39B US Long portfolio, decreased its stake in Republic Services Inc (NYSE:RSG) by 137,079 shares to 1.52 million shares, valued at $100.44M in 2018Q1, according to the filing. It also reduced its holding in Lamb Weston by 497,780 shares in the quarter, leaving it with 517,925 shares, and cut its stake in Macerich Company (NYSE:MAC).

Since May 31, 2018, it had 1 insider buy, and 0 sales for $432,500 activity.

Investors sentiment decreased to 0.9 in Q1 2018. Its down 0.26, from 1.16 in 2017Q4. It fall, as 45 investors sold CCK shares while 110 reduced holdings. 32 funds opened positions while 108 raised stakes. 118.40 million shares or 1.10% more from 117.11 million shares in 2017Q4 were reported. Hallmark Capital Management has invested 1.77% of its portfolio in Crown Holdings, Inc. (NYSE:CCK). 55,541 are owned by Fjarde Ap. Fincl Bank Of Montreal Can has 0.01% invested in Crown Holdings, Inc. (NYSE:CCK) for 133,573 shares. Qs Investors Limited Liability Corp reported 29,670 shares. M&T Financial Bank holds 0% in Crown Holdings, Inc. (NYSE:CCK) or 10,745 shares. 11,700 are owned by Ny State Teachers Retirement Sys. Kbc Group Nv has 21,062 shares. Valley Natl Advisers stated it has 225 shares. Raymond James & Associates reported 109,743 shares or 0.01% of all its holdings. Mutual Of America Cap Mngmt Limited has 0.04% invested in Crown Holdings, Inc. (NYSE:CCK). State Of Alaska Department Of Revenue owns 11,390 shares or 0.01% of their US portfolio. Synovus has invested 0% in Crown Holdings, Inc. (NYSE:CCK). Sentry Corporation accumulated 1.05% or 1.39M shares. Madison Investment Hldg holds 594,641 shares or 0.54% of its portfolio. 39,346 were reported by Gsa Cap Ptnrs Ltd Liability Partnership.

Among 18 analysts covering Crown Holdings (NYSE:CCK), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Crown Holdings had 50 analyst reports since July 22, 2015 according to SRatingsIntel. The company was initiated on Thursday, May 12 by Goldman Sachs. The stock has “Buy” rating by TheStreet on Wednesday, July 22. The firm has “Outperform” rating given on Tuesday, November 10 by Macquarie Research. RBC Capital Markets maintained the shares of CCK in report on Monday, June 5 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Tuesday, October 10. The firm earned “Outperform” rating on Friday, September 30 by RBC Capital Markets. The rating was maintained by Deutsche Bank on Tuesday, July 18 with “Hold”. Vertical Research downgraded Crown Holdings, Inc. (NYSE:CCK) on Monday, April 25 to “Hold” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, April 23. The firm has “Neutral” rating by Credit Suisse given on Tuesday, April 19.

Hoplite Capital Management Lp, which manages about $4.72B and $1.40 billion US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 79,051 shares to 493,856 shares, valued at $45.07 million in 2018Q1, according to the filing. It also reduced its holding in Autodesk Inc (NASDAQ:ADSK) by 5,432 shares in the quarter, leaving it with 804,446 shares, and cut its stake in Agilent Technologies Inc (NYSE:A).

Since February 27, 2018, it had 2 buys, and 0 sales for $159,491 activity. 4,655 shares were bought by LUMPKINS ROBERT L, worth $126,337 on Wednesday, May 2.

The Mosaic Company (NYSE:MOS) Institutional Positions Chart

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