Sunopta Inc (NASDAQ:STKL) Institutional Investors Sentiment Index Improved in Q2 2018

SunOpta Inc. (NASDAQ:STKL) Logo

Sentiment for Sunopta Inc (NASDAQ:STKL)

Sunopta Inc (NASDAQ:STKL) institutional sentiment increased to 0.95 in 2018 Q2. Its up 0.09, from 0.86 in 2018Q1. The ratio has increased, as 39 investment managers increased and opened new positions, while 41 sold and decreased their holdings in Sunopta Inc. The investment managers in our partner’s database reported: 63.48 million shares, up from 63.22 million shares in 2018Q1. Also, the number of investment managers holding Sunopta Inc in their top 10 positions increased from 3 to 4 for an increase of 1. Sold All: 8 Reduced: 33 Increased: 27 New Position: 12.

SunOpta Inc. sources non-genetically modified and organic ingredients; and makes and sells food and beverage products in the United States, Canada, Mexico, Europe, China, and Ethiopia. The company has market cap of $394.52 million. The Company’s Global Ingredients segment offers organic fruit- and vegetable raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products; identity preserved, non-GMO, and organic seeds and grains, including soy, corn, and sunflower; and seed and grain animal feed, and pet food products. It currently has negative earnings. This segment also provides processing and contract manufacturing services, including seed and grain conditioning services for soy, corn, and sunflower; grain milling for corn, with various granulations and batch sizing; coffee and sesame seed processing; and dry and oil roasting and packaging, as well as offers specialty organic functional ingredients, and liquid and dried format seed, grain, and cocoa based ingredients.

The stock decreased 1.74% or $0.08 during the last trading session, reaching $4.52. About 645,902 shares traded or 13.33% up from the average. SunOpta Inc. (NASDAQ:STKL) has declined 15.29% since December 7, 2017 and is downtrending. It has underperformed by 30.91% the S&P500.

Analysts await SunOpta Inc. (NASDAQ:STKL) to report earnings on February, 26. They expect $-0.05 earnings per share, up 50.00 % or $0.05 from last year’s $-0.1 per share. After $-0.04 actual earnings per share reported by SunOpta Inc. for the previous quarter, Wall Street now forecasts 25.00 % negative EPS growth.

Engaged Capital Llc holds 7.32% of its portfolio in SunOpta Inc. for 6.86 million shares. Domini Impact Investments Llc owns 49,302 shares or 7.14% of their US portfolio. Moreover, Ardsley Advisory Partners has 3.76% invested in the company for 2.98 million shares. The New York-based Overbrook Management Corp has invested 3.56% in the stock. Eventide Asset Management Llc, a Massachusetts-based fund reported 4.30 million shares.

More notable recent SunOpta Inc. (NASDAQ:STKL) news were published by: Seekingalpha.com which released: “SunOpta Plagued By Overvalued Stock And Costly Acquisitions – Seeking Alpha” on March 04, 2017, also Benzinga.com with their article: “48 Biggest Movers From Yesterday – Benzinga” published on November 28, 2018, Seekingalpha.com published: “Sunopta, Inc. (STKL) CEO David Colo on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 07, 2018. More interesting news about SunOpta Inc. (NASDAQ:STKL) were released by: Streetinsider.com and their article: “SunOpta (STKL) Misses Q3 EPS by 2c, Revenues Miss – StreetInsider.com” published on November 07, 2018 as well as Benzinga.com‘s news article titled: “38 Stocks Moving In Tuesday’s Mid-Day Session – Benzinga” with publication date: November 27, 2018.

SunOpta Inc. (NASDAQ:STKL) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.