Travelers Property Casualty Corp (NYSE:TAP) Institutional Investor Sentiment Is 1.39

July 16, 2018 - By Jason Dias

Molson Coors Brewing Company (NYSE:TAP) Logo

Sentiment for Travelers Property Casualty Corp (NYSE:TAP)

Travelers Property Casualty Corp (NYSE:TAP) institutional sentiment increased to 1.39 in Q1 2018. Its up 0.27, from 1.12 in 2017Q4. The ratio increased, as 239 investment professionals started new and increased holdings, while 172 sold and reduced their holdings in Travelers Property Casualty Corp. The investment professionals in our partner’s database reported: 159.06 million shares, down from 162.13 million shares in 2017Q4. Also, the number of investment professionals holding Travelers Property Casualty Corp in their top 10 holdings decreased from 5 to 4 for a decrease of 1. Sold All: 52 Reduced: 120 Increased: 164 New Position: 75.

Molson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally. The company has market cap of $14.50 billion. It sells various products under the Coors Light, Miller Lite, Coors Banquet, the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Keystone, Icehouse, MickeyÂ’s, Miller 64, Miller Genuine Draft, Miller High Life, MilwaukeeÂ’s Best, Hamm's, Olde English 800, Steel Reserve, Crispin, Smith & Forge, Redd's, the HenryÂ’s Hard Soda, and Steel Reserve Alloy Series brands. It has a 10.29 P/E ratio. The firm also offers various brands, including Molson Canadian, Belgian Moon, Carling, Carling Black Label, Creemore Springs, the Granville Island, Mad Jack, the Miller, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Old Style Pilsner, and the Rickard's family of brands.

The stock decreased 1.35% or $0.92 during the last trading session, reaching $67.18. About 801,210 shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 35.10% since July 16, 2017 and is downtrending. It has underperformed by 47.67% the S&P500.

Analysts await Molson Coors Brewing Company (NYSE:TAP) to report earnings on August, 1. They expect $1.88 earnings per share, up 13.25 % or $0.22 from last year’s $1.66 per share. TAP’s profit will be $405.69 million for 8.93 P/E if the $1.88 EPS becomes a reality. After $0.48 actual earnings per share reported by Molson Coors Brewing Company for the previous quarter, Wall Street now forecasts 291.67 % EPS growth.

Independent Franchise Partners Llp holds 7.04% of its portfolio in Molson Coors Brewing Company for 10.52 million shares. Arlington Value Capital Llc owns 601,929 shares or 3.75% of their US portfolio. Moreover, Symons Capital Management Inc has 3.19% invested in the company for 139,469 shares. The New York-based Beech Hill Advisors Inc. has invested 2.88% in the stock. National Investment Services Inc Wi, a Wisconsin-based fund reported 34,522 shares.

Since January 1, 0001, it had 0 insider buys, and 3 insider sales for $328,039 activity.

Molson Coors Brewing Company (NYSE:TAP) Ratings Coverage

Ratings analysis reveals 56% of Molson Coors’s analysts are positive. Out of 9 Wall Street analysts rating Molson Coors, 5 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $69 while the high is $112.0. The stock’s average target of $79.89 is 18.92% above today’s ($67.18) share price. TAP was included in 16 notes of analysts from February 1, 2018. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Hold” rating by Stifel Nicolaus on Thursday, May 17. The rating was maintained by Citigroup on Friday, May 4 with “Buy”. The rating was maintained by Deutsche Bank with “Buy” on Thursday, May 3. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Buy” rating given on Thursday, February 1 by Stifel Nicolaus. BMO Capital Markets maintained Molson Coors Brewing Company (NYSE:TAP) on Thursday, May 3 with “Outperform” rating. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Buy” rating given on Monday, February 5 by BMO Capital Markets. The rating was maintained by Susquehanna with “Buy” on Monday, February 12. Goldman Sachs downgraded Molson Coors Brewing Company (NYSE:TAP) on Tuesday, April 17 to “Hold” rating. The firm has “Outperform” rating by Credit Suisse given on Monday, February 12. The rating was maintained by Credit Suisse on Thursday, February 15 with “Outperform”.

More recent Molson Coors Brewing Company (NYSE:TAP) news were published by: Seekingalpha.com which released: “Drink Some TAP For Independence Day” on July 08, 2018. Also Fool.com published the news titled: “Is Constellation Brands Headed for Slower Growth?” on July 12, 2018. Fool.com‘s news article titled: “Molson Coors Is Looking to Tap Into Canada’s Budding Marijuana Market” with publication date: June 26, 2018 was also an interesting one.

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

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