Willis Investment Counsel Cut Its Clorox Co Del Com (CLX) Stake as Stock Value Declined; Molson Coors Brewing Co (TAP) Shares Declined While Independent Franchise Partners Llp Has Trimmed Stake by $89.05 Million

Molson Coors Brewing Company (NYSE:TAP) Logo

Independent Franchise Partners Llp decreased its stake in Molson Coors Brewing Co (TAP) by 15.43% based on its latest 2018Q4 regulatory filing with the SEC. Independent Franchise Partners Llp sold 1.59M shares as the company’s stock declined 7.07% while stock markets rallied. The institutional investor held 8.71 million shares of the beverages (production and distribution) company at the end of 2018Q4, valued at $489.37 million, down from 10.30M at the end of the previous reported quarter. Independent Franchise Partners Llp who had been investing in Molson Coors Brewing Co for a number of months, seems to be less bullish one the $13.12B market cap company. The stock decreased 0.21% or $0.13 during the last trading session, reaching $60.63. About 1.07M shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 20.29% since April 7, 2018 and is downtrending. It has underperformed by 24.66% the S&P500. Some Historical TAP News: 02/05/2018 – Molson Coors Misses As Volumes Run Drier — MarketWatch; 23/04/2018 – DJ Molson Coors Brewing Company Class , Inst Holders, 1Q 2018 (TAP); 11/05/2018 – “Mad Money” host Jim Cramer weighs Michael Kors against Molson Coors and uses the drastically different companies to teach an investing lesson; 02/05/2018 – Molson Coors Preliminary View of Its Long-Term Effective Tax Rate (after 2018) Is in the Range of 20%-24%; 11/05/2018 – Michael Kors and Molson Coors are drastically different, but in a key way. @JimCramer breaks it down; 15/05/2018 – Ivy Adds Dollar Tree, Exits Molson Coors, Cuts Microsemi: 13F; 14/05/2018 – MOLSON COORS BREWING CO TAP.N : SUSQUENHANNA RAISES TARGET PRICE TO $80 FROM $72; 02/05/2018 – US beer buzzkill sends Molson Coors to 4-year low; 24/05/2018 – Molson Coors Brewing Company Announces Regular Quarterly Dividend; 23/04/2018 – DJ Molson Coors Brewing Company Class , Inst Holders, 1Q 2018 (TAP.A)

Willis Investment Counsel decreased its stake in Clorox Co Del Com (CLX) by 56.01% based on its latest 2018Q4 regulatory filing with the SEC. Willis Investment Counsel sold 44,200 shares as the company’s stock declined 4.50% while stock markets rallied. The institutional investor held 34,720 shares of the specialty chemicals company at the end of 2018Q4, valued at $5.35M, down from 78,920 at the end of the previous reported quarter. Willis Investment Counsel who had been investing in Clorox Co Del Com for a number of months, seems to be less bullish one the $19.94B market cap company. The stock decreased 0.87% or $1.37 during the last trading session, reaching $155.6. About 929,637 shares traded. The Clorox Company (NYSE:CLX) has risen 21.73% since April 7, 2018 and is uptrending. It has outperformed by 17.36% the S&P500. Some Historical CLX News: 12/03/2018 – Clorox Will Pay $700 Million to Acquire Vitamin Maker Nutranext; 21/05/2018 – CLOROX CO CLX.N SETS REGULAR QUARTERLY DIVIDEND OF $0.96/SHR; 12/03/2018 – Clorox Expect Nutranext Acquisition to Close in Fiscal 4Q ending June 3; 08/05/2018 – Prebiotics and Probiotics Team Up in Renew Life’s First Organic Supplement; 02/05/2018 – Clorox Cuts FY18 View To EPS $6.15-EPS $6.30; 02/05/2018 – Clorox Beats Profit Expectations, But Margins Fall On Higher Commodity And Logistics Costs — MarketWatch; 02/05/2018 – Clorox 3Q Gross Margin Fell 120 Basis Points to 42.8%; 02/05/2018 – Clorox Had Seen FY18 EPS $6.17-$6.37; 20/03/2018 – Health & Wellness Platform Anchored by Vanterra Capital Acquired by Clorox; 30/03/2018 – Brita® And Stephen Curry Seek To Make A Long-Lasting Impact In Schools Nationwide

Investors sentiment decreased to 1.08 in Q4 2018. Its down 0.41, from 1.49 in 2018Q3. It dropped, as 49 investors sold TAP shares while 163 reduced holdings. 80 funds opened positions while 149 raised stakes. 160.34 million shares or 4.03% more from 154.13 million shares in 2018Q3 were reported. Cornercap Investment Counsel invested in 0.46% or 53,010 shares. Cwm Ltd Liability Corporation holds 0% of its portfolio in Molson Coors Brewing Company (NYSE:TAP) for 220 shares. Moody Bank & Trust Tru Division holds 0.14% of its portfolio in Molson Coors Brewing Company (NYSE:TAP) for 88,810 shares. Intrepid Mgmt stated it has 0.3% in Molson Coors Brewing Company (NYSE:TAP). The Virginia-based Bb&T Secs Ltd Co has invested 0.02% in Molson Coors Brewing Company (NYSE:TAP). Insight 2811 Inc has 0.5% invested in Molson Coors Brewing Company (NYSE:TAP) for 10,400 shares. Us National Bank De has 0% invested in Molson Coors Brewing Company (NYSE:TAP) for 19,756 shares. Com Bancorporation holds 0% in Molson Coors Brewing Company (NYSE:TAP) or 4,516 shares. Comml Bank Of America De reported 1.33 million shares stake. Pub Employees Retirement Association Of Colorado holds 0.01% or 31,960 shares. Zwj Inv Counsel holds 176,168 shares or 0.93% of its portfolio. 97,655 are held by Zurcher Kantonalbank (Zurich Cantonalbank). Riggs Asset Managment Inc accumulated 0% or 100 shares. Strategic Glob Advsr Ltd Limited Liability Company holds 0.4% or 19,848 shares. Naples Advsrs Ltd Com owns 0.38% invested in Molson Coors Brewing Company (NYSE:TAP) for 21,167 shares.

Analysts await Molson Coors Brewing Company (NYSE:TAP) to report earnings on May, 1. They expect $0.59 EPS, up 22.92% or $0.11 from last year’s $0.48 per share. TAP’s profit will be $127.64 million for 25.69 P/E if the $0.59 EPS becomes a reality. After $0.84 actual EPS reported by Molson Coors Brewing Company for the previous quarter, Wall Street now forecasts -29.76% negative EPS growth.

Since November 1, 2018, it had 0 insider purchases, and 2 insider sales for $336,217 activity.

More notable recent Molson Coors Brewing Company (NYSE:TAP) news were published by: Seekingalpha.com which released: “Molson Coors shows broad EBITDA gains – Seeking Alpha” on October 31, 2018, also Globenewswire.com with their article: “FILING DEADLINE–Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of TAP, BRS, AVP and NTNX – GlobeNewswire” published on April 04, 2019, Seekingalpha.com published: “Wall Street Breakfast: EU Grants A Brexit Extension, But Not For Long – Seeking Alpha” on March 22, 2019. More interesting news about Molson Coors Brewing Company (NYSE:TAP) were released by: Profitconfidential.com and their article: “This Could Spark the Next Rally in Hexo Corp (It’s Already Up 89% YTD) – Profit Confidential” published on March 19, 2019 as well as Investorplace.com‘s news article titled: “10 Stocks on the Rise Heading Into the Second Quarter – Investorplace.com” with publication date: March 20, 2019.

Willis Investment Counsel, which manages about $1.45 billion and $1.34B US Long portfolio, upped its stake in Blue Bird Corp (NASDAQ:HCAC) by 70,291 shares to 137,396 shares, valued at $2.50 million in 2018Q4, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 7,790 shares in the quarter, for a total of 257,805 shares, and has risen its stake in Darden Restaurants Inc (NYSE:DRI).

Analysts await The Clorox Company (NYSE:CLX) to report earnings on May, 1. They expect $1.48 EPS, up 8.03% or $0.11 from last year’s $1.37 per share. CLX’s profit will be $189.68 million for 26.28 P/E if the $1.48 EPS becomes a reality. After $1.40 actual EPS reported by The Clorox Company for the previous quarter, Wall Street now forecasts 5.71% EPS growth.

Since November 6, 2018, it had 0 insider purchases, and 10 insider sales for $52.54 million activity. $2.03 million worth of The Clorox Company (NYSE:CLX) was sold by Barral Diego J. Baker Jeff had sold 3,694 shares worth $600,487. Willoughby Dawn C sold $4.07M worth of stock or 25,317 shares. Shares for $1.63 million were sold by Laszlo Matthew T. $25.13 million worth of The Clorox Company (NYSE:CLX) shares were sold by Dorer Benno O. $3.00M worth of The Clorox Company (NYSE:CLX) was sold by GARNER DENISE.

Molson Coors Brewing Company (NYSE:TAP) Institutional Positions Chart

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