Templeton & Phillips Capital Management LLC Purchases Shares of 83,935 SunOpta, Inc. (NASDAQ:STKL)

Templeton & Phillips Capital Management LLC acquired a new position in SunOpta, Inc. (NASDAQ:STKL - Free Report) TSE: SOY in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 83,935 shares of the company's stock, valued at approximately $408,000. SunOpta makes up 0.3% of Templeton & Phillips Capital Management LLC's investment portfolio, making the stock its 26th biggest holding. Templeton & Phillips Capital Management LLC owned 0.07% of SunOpta at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its holdings in SunOpta by 2.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 774,918 shares of the company's stock valued at $5,967,000 after acquiring an additional 15,049 shares during the period. Raymond James Financial Inc. purchased a new stake in SunOpta during the 4th quarter valued at about $1,289,000. Swiss National Bank boosted its holdings in SunOpta by 9.1% during the 4th quarter. Swiss National Bank now owns 188,725 shares of the company's stock valued at $1,457,000 after acquiring an additional 15,800 shares during the period. American Century Companies Inc. boosted its holdings in SunOpta by 145.4% during the 4th quarter. American Century Companies Inc. now owns 226,785 shares of the company's stock valued at $1,751,000 after acquiring an additional 134,368 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in SunOpta by 3.3% during the 4th quarter. Vanguard Group Inc. now owns 2,207,838 shares of the company's stock valued at $17,002,000 after acquiring an additional 71,116 shares during the period. 85.39% of the stock is currently owned by hedge funds and other institutional investors.

SunOpta Trading Up 1.2%

STKL stock traded up $0.08 during trading on Friday, hitting $6.64. 623,043 shares of the company traded hands, compared to its average volume of 767,339. The firm has a market capitalization of $780.47 million, a PE ratio of -51.08 and a beta of 1.43. SunOpta, Inc. has a 1 year low of $3.64 and a 1 year high of $8.11. The company has a 50-day moving average of $6.08 and a 200-day moving average of $5.92. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.43 and a current ratio of 0.95.

SunOpta (NASDAQ:STKL - Get Free Report) TSE: SOY last issued its earnings results on Wednesday, May 7th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. The company had revenue of $201.63 million during the quarter, compared to analysts' expectations of $195.09 million. SunOpta had a positive return on equity of 11.65% and a negative net margin of 1.90%. Analysts predict that SunOpta, Inc. will post 0.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In other SunOpta news, CEO Brian W. Kocher purchased 10,000 shares of the stock in a transaction on Tuesday, June 10th. The stock was acquired at an average price of $5.72 per share, with a total value of $57,200.00. Following the transaction, the chief executive officer directly owned 10,000 shares of the company's stock, valued at approximately $57,200. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 1.90% of the stock is owned by insiders.

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.