Confidence in Core-Mark (CORE) Shares by Raymond James Fall.

September 8, 2018 - By Jason Dias

Core-Mark Holding Company, Inc. (NASDAQ:CORE) Logo

Investors sentiment decreased to 1.05 in Q1 2018. Its down 0.07, from 1.12 in 2017Q4. It fall, as 18 investors sold Core-Mark Holding Company, Inc. shares while 45 reduced holdings. 22 funds opened positions while 44 raised stakes. 40.68 million shares or 2.18% less from 41.59 million shares in 2017Q4 were reported.

Copeland Cap Mgmt owns 509,891 shares for 0.7% of their portfolio. Sector Pension Invest Board invested in 0% or 29,350 shares. Schwab Charles Invest Inc holds 0.01% or 358,161 shares. Parkside Bancorporation has invested 0% in Core-Mark Holding Company, Inc. (NASDAQ:CORE). Morgan Stanley reported 126,651 shares. 4,441 are owned by Smithfield. 133,241 were accumulated by Citadel Advisors Lc. Timessquare Capital Management Llc invested in 0.08% or 582,140 shares. Stone Ridge Asset Mgmt Ltd, a New York-based fund reported 25,758 shares. Envestnet Asset Mngmt holds 0% of its portfolio in Core-Mark Holding Company, Inc. (NASDAQ:CORE) for 1,923 shares. Natixis Advsrs Lp owns 85,817 shares for 0.02% of their portfolio. Clearbridge Invs Ltd Liability has 2.70M shares for 0.05% of their portfolio. 12Th Street Asset Mgmt Limited, a Illinois-based fund reported 95,336 shares. Ameriprise reported 274,206 shares or 0% of all its holdings. Voya Mgmt Ltd Com holds 0% in Core-Mark Holding Company, Inc. (NASDAQ:CORE) or 20,181 shares.

Since March 14, 2018, it had 6 insider purchases, and 1 sale for $407,127 activity. BOOTH STUART W bought $91,470 worth of Core-Mark Holding Company, Inc. (NASDAQ:CORE) on Tuesday, May 22. Shares for $91,700 were bought by COLTER GARY F on Tuesday, May 22. 5,000 shares were bought by ALLEN ROBERT A, worth $92,200. Shares for $145,598 were sold by Rolheiser Eric. THORNTON RANDOLPH I bought $182,610 worth of stock. On Tuesday, May 22 Tepner Harvey L bought $54,960 worth of Core-Mark Holding Company, Inc. (NASDAQ:CORE) or 3,000 shares.

Core-Mark (CORE) Receives a Downgrade

It appears that trading for shares of Core-Mark (CORE) will be interesting to watch today. Raymond James decreased the stock from their past Strong Buy rating to a more current Outperform.

It closed at $36.96 lastly. It is down 46.82% since September 8, 2017 and is downtrending. It has underperformed by 59.39% the S&P500.

Analysts await Core-Mark Holding Company, Inc. (NASDAQ:CORE) to report earnings on November, 6. They expect $0.45 earnings per share, up 21.62 % or $0.08 from last year’s $0.37 per share. CORE’s profit will be $20.67 million for 20.53 P/E if the $0.45 EPS becomes a reality. After $0.35 actual earnings per share reported by Core-Mark Holding Company, Inc. for the previous quarter, Wall Street now forecasts 28.57 % EPS growth.

Core-Mark Holding Company, Inc. markets fresh and broad-line supply solutions to the convenience retail industry. The company has market cap of $1.70 billion. The firm sells and distributes various food/non-food products, including cigarettes, fast food, candies, snacks, groceries, fresh products, dairy products, breads, beverages, other tobacco products, general merchandise and equipment, and health and beauty care products. It has a 50.56 P/E ratio. The Company’s clients include traditional convenience stores, such as national and super-regional convenience store operators, as well as independently owned convenience stores; and alternative outlets, which include grocery stores, drug stores, liquor stores, cigarette and tobacco shops, hotel gift shops, military exchanges, college and corporate campuses, casinos, hardware stores, airport concessions, and other specialty and small format stores that carry convenience products.

More important recent Core-Mark Holding Company, Inc. (NASDAQ:CORE) news were published by: Bizjournals.com which released: “Exclusive: Dallas-Fort Worth area nabs another Fortune 500 company with headquarters relocation to Westlake” on September 06, 2018, also Nasdaq.com published article titled: “Analysis: Positioning to Benefit within Alamos Gold, Nomad Foods, MyoKardia, Mesoblast, Core-Mark Holding, and …”, Benzinga.com published: “Raymond James Tempers Bullish Stance On Core-Mark Holding” on September 07, 2018. More interesting news about Core-Mark Holding Company, Inc. (NASDAQ:CORE) was released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For September 7, 2018” with publication date: September 07, 2018.

Core-Mark Holding Company, Inc. (NASDAQ:CORE) Institutional Positions Chart

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