Core-Mark Holding Company, Inc. (CORE) Position Cut by Supplemental Annuity Collective Trust of NJ – Fairfield Current
Supplemental Annuity Collective Trust of NJ lessened its stake in shares of Core-Mark Holding Company, Inc. (NASDAQ:CORE) by 20.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,000 shares of the business services provider’s stock after selling 3,000 shares during the period. Supplemental Annuity Collective Trust of NJ’s holdings in Core-Mark were worth $279,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC lifted its holdings in shares of Core-Mark by 133.4% in the 4th quarter. FNY Investment Advisers LLC now owns 1,480 shares of the business services provider’s stock worth $34,000 after acquiring an additional 846 shares during the last quarter. Amalgamated Bank acquired a new stake in Core-Mark during the 3rd quarter worth approximately $215,000. Franklin Resources Inc. acquired a new stake in Core-Mark during the 3rd quarter worth approximately $223,000. Virginia Retirement Systems ET AL acquired a new stake in Core-Mark during the 3rd quarter worth approximately $224,000. Finally, Virtu Financial LLC acquired a new stake in Core-Mark during the 3rd quarter worth approximately $242,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.
In related news, CFO Christopher M. Miller sold 2,678 shares of the stock in a transaction on Friday, January 4th. The shares were sold at an average price of $24.74, for a total value of $66,253.72. Following the transaction, the chief financial officer now directly owns 18,337 shares of the company’s stock, valued at approximately $453,657.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.00% of the company’s stock.
NASDAQ CORE opened at $28.74 on Friday. The company has a current ratio of 1.99, a quick ratio of 0.96 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $1.28 billion, a P/E ratio of 28.74, a P/E/G ratio of 1.45 and a beta of 0.79. Core-Mark Holding Company, Inc. has a 12 month low of $17.10 and a 12 month high of $40.12.
CORE has been the topic of a number of research reports. Sidoti upgraded shares of Core-Mark from a “neutral” rating to a “buy” rating in a report on Thursday, January 3rd. BidaskClub lowered shares of Core-Mark from a “buy” rating to a “hold” rating in a report on Thursday, January 31st. Zacks Investment Research upgraded shares of Core-Mark from a “hold” rating to a “strong-buy” rating and set a $34.00 target price on the stock in a report on Thursday, November 8th. Finally, ValuEngine lowered shares of Core-Mark from a “hold” rating to a “sell” rating in a report on Wednesday, January 2nd. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Core-Mark presently has an average rating of “Hold” and an average price target of $32.00.
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Core-Mark Holding Company, Inc markets fresh and broad-line supply solutions to the convenience retail industry. The company 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.
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