Union Bancaire Privee UBP SA Acquires New Holdings in SunOpta Inc. (NASDAQ:STKL)

Union Bancaire Privee UBP SA acquired a new position in SunOpta Inc. (NASDAQ:STKL) (TSE:SOY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,123 shares of the company’s stock, valued at approximately $236,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Creative Planning lifted its holdings in shares of SunOpta by 9.3% in the third quarter. Creative Planning now owns 30,716 shares of the company’s stock valued at $196,000 after buying an additional 2,617 shares during the period. Quantinno Capital Management LP raised its position in SunOpta by 33.1% in the third quarter. Quantinno Capital Management LP now owns 13,522 shares of the company’s stock worth $86,000 after acquiring an additional 3,360 shares in the last quarter. Rhumbline Advisers lifted its holdings in SunOpta by 2.5% in the 4th quarter. Rhumbline Advisers now owns 140,310 shares of the company’s stock valued at $1,080,000 after acquiring an additional 3,402 shares during the last quarter. US Bancorp DE boosted its position in shares of SunOpta by 139.3% during the 3rd quarter. US Bancorp DE now owns 8,197 shares of the company’s stock valued at $52,000 after purchasing an additional 4,772 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of SunOpta by 64.7% in the 4th quarter. Van ECK Associates Corp now owns 18,070 shares of the company’s stock worth $139,000 after purchasing an additional 7,097 shares during the last quarter. Institutional investors own 85.39% of the company’s stock.

SunOpta Price Performance

STKL stock opened at $7.24 on Tuesday. The firm has a 50-day moving average of $7.48 and a two-hundred day moving average of $6.95. The firm has a market capitalization of $866.91 million, a PE ratio of -40.22 and a beta of 1.79. The company has a current ratio of 1.20, a quick ratio of 0.53 and a debt-to-equity ratio of 1.61. SunOpta Inc. has a one year low of $4.88 and a one year high of $8.11.

Analyst Upgrades and Downgrades

STKL has been the subject of several recent research reports. Stephens reissued an “overweight” rating and set a $10.00 target price on shares of SunOpta in a research note on Thursday, January 2nd. StockNews.com upgraded SunOpta from a “sell” rating to a “hold” rating in a research report on Saturday, November 9th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $9.50.

SunOpta Profile

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.