Spinnaker Trust Has Increased Coca Cola Co (KO) Holding; Beaconlight Capital Upped Simpson Manufacturing Co (SSD) Holding By $4.16 Million

June 16, 2018 - By Gary Buckley

Simpson Manufacturing Co., Inc. (NYSE:SSD) Logo

Beaconlight Capital Llc increased Simpson Manufacturing Co Inc (SSD) stake by 31.55% reported in 2018Q1 SEC filing. Beaconlight Capital Llc acquired 72,900 shares as Simpson Manufacturing Co Inc (SSD)’s stock rose 8.25%. The Beaconlight Capital Llc holds 303,945 shares with $17.50M value, up from 231,045 last quarter. Simpson Manufacturing Co Inc now has $3.06B valuation. The stock decreased 0.57% or $0.38 during the last trading session, reaching $65.99. About 475,467 shares traded or 127.94% up from the average. Simpson Manufacturing Co., Inc. (NYSE:SSD) has risen 56.06% since June 16, 2017 and is uptrending. It has outperformed by 43.49% the S&P500. Some Historical SSD News: ; 30/04/2018 – Simpson Manufacturing 1Q EPS 54c; 23/04/2018 – DJ Simpson Manufacturing Co Inc, Inst Holders, 1Q 2018 (SSD); 02/05/2018 – Wells Capital Management Inc. Exits Position in Simpson; 24/04/2018 – Simpson Short-Interest Ratio Rises 39% to 12 Days; 17/04/2018 Simpson Closes Above 50-Day Moving Average: Technicals; 30/04/2018 – SIMPSON 1Q EPS 54C, EST. 48C

Spinnaker Trust increased Coca Cola Co (KO) stake by 49.93% reported in 2018Q1 SEC filing. Spinnaker Trust acquired 8,312 shares as Coca Cola Co (KO)’s stock declined 3.70%. The Spinnaker Trust holds 24,959 shares with $1.08 million value, up from 16,647 last quarter. Coca Cola Co now has $187.74 billion valuation. The stock increased 1.24% or $0.54 during the last trading session, reaching $44.12. About 21.56 million shares traded or 76.48% up from the average. The Coca-Cola Company (NYSE:KO) has declined 6.63% since June 16, 2017 and is downtrending. It has underperformed by 19.20% the S&P500. Some Historical KO News: ; 24/04/2018 – KO CFO: EXPECT NEW SUGAR TAXES IN UK, S. AFRICA TO IMPACT 2Q; 06/03/2018 – After Unanimous Strike Authorization Vote by Local 174 Swire Checkers, Hundreds of Swire Coca-Cola Employees at Four Teamster Locals Stand in Solidarity; 20/03/2018 – COCA-COLA HBC ROMANIA NAMES JOVAN RADOSAVLJEVIC GENERAL MANAGER; 07/03/2018 – Coca-Cola is launching the first alcoholic drink in its history with a canned liquor product in Japan; 26/03/2018 – FITCH CUTS COCA-COLA AMATIL’S TO ‘BBB’; OUTLOOK STABLE; 20/03/2018 – Monster Beverage Extends Agreement With Coca-Cola on Monster Board Seats to June 2019; 08/05/2018 – PURECIRCLE LTD PURE.L – COCA-COLA STEVIA NO SUGAR WAS LAUNCHED IN NEW ZEALAND; 12/04/2018 – Moody’s changes Coca-Cola FEMSA’s outlook to stable; affirms ratings; 24/04/2018 – COCA-COLA CO KO.N FY2018 SHR VIEW $2.10, REV VIEW $31.57 BLN — THOMSON REUTERS l/B/E/S; 21/05/2018 – Coca-Cola’s Simply Introduces a New Line of Light Orange Juice Beverages and Light Lemonades With Less Sugar and Fewer Calories

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.22, from 0.91 in 2017Q4. It is negative, as 74 investors sold KO shares while 684 reduced holdings. 104 funds opened positions while 416 raised stakes. 2.72 billion shares or 0.06% less from 2.73 billion shares in 2017Q4 were reported. 80,109 are owned by Birch Hill Invest Advisors Ltd. Cambridge Tru Communication invested 0.22% in The Coca-Cola Company (NYSE:KO). Garde Cap Inc stated it has 0.1% of its portfolio in The Coca-Cola Company (NYSE:KO). Manikay Ptnrs Ltd Liability reported 3.39% in The Coca-Cola Company (NYSE:KO). Sol Mngmt Communications reported 0.07% in The Coca-Cola Company (NYSE:KO). Holderness Invests has invested 0.5% in The Coca-Cola Company (NYSE:KO). Monroe Bank & Tru Mi invested in 10,382 shares or 0.14% of the stock. Capital Counsel Lc New York holds 171,391 shares or 0.6% of its portfolio. Hudock Cap Group Incorporated Limited Liability Corporation invested in 28,767 shares. Arrow Finance owns 36,231 shares for 0.36% of their portfolio. Miller Management Ltd Partnership stated it has 7,738 shares or 0.11% of all its holdings. Sumitomo Mitsui Trust holds 12.17 million shares or 0.68% of its portfolio. 51,174 were reported by Parsec Finance. Sadoff Management Ltd stated it has 13,311 shares. Blue Financial Cap holds 0.57% or 23,065 shares.

Since January 16, 2018, it had 0 insider purchases, and 5 selling transactions for $6.52 million activity. Shares for $631,572 were sold by MURPHY JOHN on Tuesday, March 13. $84,735 worth of The Coca-Cola Company (NYSE:KO) shares were sold by MANN JENNIFER K. Another trade for 84,400 shares valued at $4.01M was made by HAYS ED on Tuesday, January 23. On Tuesday, January 16 Waller Kathy N sold $1.07M worth of The Coca-Cola Company (NYSE:KO) or 23,240 shares. Another trade for 15,000 shares valued at $719,250 was sold by LONG ROBERT EDWARD.

Spinnaker Trust decreased Fidelity Msci Financials Index (FNCL) stake by 12,330 shares to 171,283 valued at $6.92M in 2018Q1. It also reduced Wisdomtree Dynamic Ccy Hdgd Int stake by 565,488 shares and now owns 1.06 million shares. Technology Select Sector Spdr (XLK) was reduced too.

More notable recent The Coca-Cola Company (NYSE:KO) news were published by: Seekingalpha.com which released: “The Coca-Cola Company (KO) Management Presents at Deutsche Bank Global Consumer Conference (Transcript)” on June 13, 2018, also Seekingalpha.com with their article: “Coca-Cola Has Limited Upside Potential” published on May 21, 2018, Seekingalpha.com published: “Coca-Cola launches first alcoholic drink” on May 28, 2018. More interesting news about The Coca-Cola Company (NYSE:KO) were released by: Fool.com and their article: “Better Buy: Coca-Cola vs. Philip Morris” published on June 11, 2018 as well as Livetradingnews.com‘s news article titled: “The Coca-Cola Company (NYSE:KO) Sell Over $46.00” with publication date: June 05, 2018.

Among 22 analysts covering Coca-Cola (NYSE:KO), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Coca-Cola had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Wednesday, September 6 by BMO Capital Markets. The rating was downgraded by BMO Capital Markets on Wednesday, June 7 to “Market Perform”. Citigroup maintained the shares of KO in report on Thursday, April 21 with “Buy” rating. The firm has “Buy” rating by Citigroup given on Thursday, May 17. The stock of The Coca-Cola Company (NYSE:KO) earned “Hold” rating by Vetr on Monday, August 31. The firm earned “Hold” rating on Thursday, July 13 by Cowen & Co. The rating was maintained by HSBC with “Buy” on Wednesday, September 27. The rating was maintained by Jefferies on Friday, October 6 with “Hold”. UBS upgraded The Coca-Cola Company (NYSE:KO) on Friday, February 5 to “Buy” rating. The company was initiated on Friday, September 16 by Credit Suisse.

Since December 29, 2017, it had 0 insider purchases, and 18 selling transactions for $89.75 million activity. SIMPSON SHARON H had sold 85,836 shares worth $4.92M. SIMPSON PSB FUND had sold 200 shares worth $11,411.

Beaconlight Capital Llc decreased Gardner Denver Hldgs Inc stake by 117,300 shares to 390,128 valued at $11.97M in 2018Q1. It also reduced Verisign Inc (NASDAQ:VRSN) stake by 7,800 shares and now owns 7,900 shares. Bio Rad Labs Inc (NYSE:BIO) was reduced too.

Investors sentiment decreased to 1.11 in 2018 Q1. Its down 0.41, from 1.52 in 2017Q4. It dropped, as 21 investors sold SSD shares while 53 reduced holdings. 22 funds opened positions while 60 raised stakes. 38.82 million shares or 4.35% less from 40.58 million shares in 2017Q4 were reported. Metropolitan Life Insurance New York invested in 13,182 shares. Everence Capital Inc accumulated 0.05% or 3,990 shares. Comerica National Bank accumulated 73,098 shares or 0.03% of the stock. Voya Mngmt Limited Liability Company holds 0.07% or 565,547 shares in its portfolio. Bluemountain Cap Mgmt Ltd Liability has 0.01% invested in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 7,343 shares. 19,925 were reported by Atlantic Tru Grp Ltd Limited Liability Company. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys, a Pennsylvania-based fund reported 3,886 shares. Deutsche Retail Bank Ag holds 0% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 96,304 shares. Bluecrest Capital Management has 4,615 shares for 0.01% of their portfolio. Whittier Tru Of Nevada Inc stated it has 0.01% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). 3.93 million are owned by Vanguard Grp Inc Inc. Whittier Tru holds 0.07% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD) for 36,720 shares. Cornerstone Inc invested 3.69% in Simpson Manufacturing Co., Inc. (NYSE:SSD). D E Shaw reported 0% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). Public Employees Retirement Association Of Colorado stated it has 0% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD).

Among 3 analysts covering Simpson Manufacturing (NYSE:SSD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Simpson Manufacturing had 5 analyst reports since September 9, 2016 according to SRatingsIntel. On Tuesday, October 31 the stock rating was upgraded by DA Davidson to “Buy”. On Tuesday, October 31 the stock rating was upgraded by Robert W. Baird to “Outperform”. DA Davidson downgraded the stock to “Hold” rating in Thursday, December 14 report. The rating was initiated by Sidoti on Friday, September 9 with “Neutral”. The company was maintained on Thursday, October 19 by Robert W. Baird.

Simpson Manufacturing Co., Inc. (NYSE:SSD) Institutional Positions Chart

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