Blair William & Co. IL Has $12.82 Million Stock Holdings in SunOpta Inc. (NASDAQ:STKL)

Blair William & Co. IL cut its stake in shares of SunOpta Inc. (NASDAQ:STKL - Free Report) TSE: SOY by 4.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,664,244 shares of the company's stock after selling 72,778 shares during the period. Blair William & Co. IL owned about 1.39% of SunOpta worth $12,815,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Geode Capital Management LLC increased its holdings in SunOpta by 80.9% in the 3rd quarter. Geode Capital Management LLC now owns 2,127,890 shares of the company's stock worth $13,579,000 after purchasing an additional 951,462 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of SunOpta by 16.6% in the third quarter. Rockefeller Capital Management L.P. now owns 5,504,837 shares of the company's stock valued at $35,122,000 after buying an additional 782,338 shares during the period. Harbor Capital Advisors Inc. increased its stake in shares of SunOpta by 65.6% in the fourth quarter. Harbor Capital Advisors Inc. now owns 1,761,922 shares of the company's stock valued at $13,567,000 after buying an additional 698,004 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in SunOpta by 250.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 759,869 shares of the company's stock valued at $4,848,000 after buying an additional 542,832 shares during the last quarter. Finally, Hodges Capital Management Inc. boosted its position in SunOpta by 12.7% during the 3rd quarter. Hodges Capital Management Inc. now owns 3,604,629 shares of the company's stock worth $22,998,000 after buying an additional 406,005 shares during the period. 85.39% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

Several equities analysts have issued reports on STKL shares. Stephens restated an "overweight" rating and issued a $10.00 price target on shares of SunOpta in a research report on Thursday, January 2nd. StockNews.com upgraded SunOpta from a "sell" rating to a "hold" rating in a report on Tuesday, March 11th.

Insiders Place Their Bets

In related news, SVP Bryan P. Clark sold 8,500 shares of the company's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $5.32, for a total transaction of $45,220.00. Following the sale, the senior vice president now owns 28,150 shares in the company, valued at $149,758. This represents a 23.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 6.48% of the company's stock.

SunOpta Stock Performance

STKL stock remained flat at $4.86 during trading on Monday. The company had a trading volume of 1,329,489 shares, compared to its average volume of 738,167. The firm has a market cap of $582.01 million, a PE ratio of -27.00 and a beta of 1.90. The stock has a 50 day moving average price of $6.55 and a 200-day moving average price of $6.90. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.53 and a current ratio of 1.20. SunOpta Inc. has a 1-year low of $4.78 and a 1-year high of $8.11.

SunOpta (NASDAQ:STKL - Get Free Report) TSE: SOY last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.06 EPS for the quarter, meeting analysts' consensus estimates of $0.06. SunOpta had a negative net margin of 2.74% and a positive return on equity of 7.92%. The company had revenue of $193.91 million for the quarter, compared to analyst estimates of $189.90 million. Research analysts forecast that SunOpta Inc. will post 0.13 EPS for the current year.

About SunOpta

SunOpta Inc engages in manufacture and sale of plant-based and fruit-based food and beverage products in the United States, Canada, and internationally. The company provides plant-based beverages utilizing oat, almond, soy, coconut, rice, hemp, and other bases under the Dream and West Life brands; oat-based creamers under the SOWN brand; ready-to-drink protein shakes; and nut, grain, seed, and legume based beverages; packaged teas and concentrates; and meat and vegetable broths and stocks.