UBS Initiates Coverage on Sonoco Products (NYSE:SON). What May be Next?

While a certain stock increases in value, it might see a plunge as it reaches a specific level of resistance on the higher end.After a recent examination, this company's shares' first resistance level is sitting at 50.68. 676,009 shares of the company traded hands, compared to its average volume of 609,815. On Friday, November 10 Robert W. Baird maintained Sonoco Products Company (NYSE:SON) rating. SON underperformed by 22.21% the S&P500.

Kanawha Capital Management Llc increased its stake in Becton Dickinson (BDX) by 23.67% based on its latest 2017Q4 regulatory filing with the SEC. Insiders own 1.90% of the company's stock. The institutional investor held 5,934 shares of the technology company at the end of 2017Q4, valued at $1.05M, up from 2,778 at the end of the previous reported quarter. Kanawha Capital Management Llc who had been investing in Becton Dickinson for a number of months, seems to be bullish on the $60.00 billion market cap company. The stock decreased 2.77% or $0.85 during the last trading session, reaching $29.8. About 752,151 shares traded. BSB Bancorp, Inc. (BLMT) has risen 13.58% since April 14, 2017 and is uptrending. It has outperformed by 2.03% the S&P500.

Belmont Bancorp (BLMT) investors sentiment increased to 1.37 in Q4 2017. Its up 0.62, from 0.93 in 2017Q3. It increased, as 66 investors sold BAC shares while 561 reduced holdings. 49 funds opened positions while 118 raised stakes. Accredited Investors Inc bought 3,156 shares as the company's stock declined 14.10% with the market. Georgia-based Montag A Assocs has invested 0.03% in Magellan Midstream Partners, L.P. (NYSE:MMP). Wealthtrust Axiom Ltd Limited Liability Company stated it has 0.16% of its portfolio in Facebook, Inc. 134.60 million shares or 0.07% more from 134.51 million shares in 2017Q3 were reported. Gabelli Funds Ltd Liability holds 96,000 shares or 0.03% of its portfolio. S&Co Inc has 0.53% invested in Bank of America Corporation (NYSE:BAC) for 143,954 shares. Finally, California Public Employees Retirement System grew its stake in shares of Sonoco by 3.4% in the third quarter. Bartlett And Company Ltd Company reported 0.02% stake. During the same period a year ago, the company posted $0.62 earnings per share. Perkins Management accumulated 28,800 shares or 0.82% of the stock. Fj Capital Management Llc owns 407,300 shares or 1.49% of their USA portfolio. Shares for $1.21 million were sold by Gallagher John E. $910,726 worth of stock was sold by Borzi James W on Monday, February 26. ARTHUR VICKI B sold $38,531 worth of stock. Sonoco Products Company had 39 analyst reports since August 7, 2015 according to SRatingsIntel. Vnbtrust Natl Association reported 12,539 shares. The company was downgraded on Monday, October 3 by Bank of America. The firm has "Equal-Weight" rating given on Monday, January 4 by Morgan Stanley. The stock has a market cap of $4,906.72, a P/E ratio of 17.99, a P/E/G ratio of 3.30 and a beta of 1.12. They issued a "buy" rating and a $55.00 price objective on the stock.

Since October 20, 2017, it had 0 insider buys, and 2 sales for $334,285 activity. Ffcm LLC purchased a new stake in shares of Sonoco during the 3rd quarter worth about $113,000.

Sonoco (NYSE:SON) last issued its quarterly earnings results on Thursday, February 15th. Therefore 33% are positive.

According to Zacks, analysts expect that Sonoco Products will report full-year earnings of $3.20 per share for the current financial year, with EPS estimates ranging from $3.18 to $3.25. The rating was maintained by BMO Capital Markets with "Hold" on Friday, August 25. The company was maintained on Monday, July 24 by Barclays Capital. At the time of writing, this stock has a consensus price target set at $54.11 and average analyst rating set to Hold. As per Friday, December 9, the company rating was downgraded by Argus Research.

Speece Thorson Capital Incorporated holds 342,876 shs or 3.62% of its capital. The rating was maintained by Jefferies on Wednesday, September 6 with "Hold".

Big Money Sentiment decreased to 1.14 in Q4 2017. The company has a current ratio of 1.56, a quick ratio of 1.09 and a debt-to-equity ratio of 0.74.

Silvercrest Asset Management Group LLC increased its position in Sonoco Products Company (NYSE:SON) by 0.6% during the fourth quarter, Holdings Channel reports. 51 funds opened positions while 100 raised stakes. Wagner Bowman Mgmt holds 0.09% or 4,849 shares in its portfolio. First Midwest Bank Trust Division raised its stake in Sonoco Products Company by 0.3% in the third quarter. Ameriprise holds 0% or 91,583 shares. Barclays Public Lc has 5,361 shares. Brown Advisory holds 0.12% of its portfolio in Sonoco Products Company (NYSE:SON) for 726,153 shares. Its up 6.67% from 2.07M shares previously. State Teachers Retirement System has invested 1.7% in Facebook, Inc. Focused Wealth Mngmt invested in 0.02% or 924 shares. Over the past twelve months, Sonoco Products Company (NYSE:SON)'s stock was -5.53%. Meeder Asset Incorporated reported 318,093 shares or 0.8% of all its holdings.

Vertical Research upgraded shares of Sonoco (NYSE:SON) from a hold rating to a buy rating in a research report report published on Friday, March 23rd, reports. Amer & Mngmt Communications reported 1,300 shares. Bb&T Limited Company reported 5,203 shares.

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