Proshare Advisors LLC Holding in Mccormick & Co INC (MKC) Decreased by $8.54 Million

October 13, 2018 - By whatsonthorold

McCormick & Company, Incorporated (NYSE:MKC) LogoInvestors sentiment is 1.28 in Q2 2018. Its the same as in 2018Q1. It is the same, as 30 investors sold MKC shares while 200 reduced holdings. only 73 funds opened positions while 221 raised stakes. 104.94 million shares or 5.23% more from 99.72 million shares in 2018Q1 were reported. Baltimore holds 1.49% or 64,650 shares in its portfolio. State Street holds 0.06% or 6.69 million shares in its portfolio. Shell Asset Mgmt owns 130,337 shares for 0.31% of their portfolio. Livingston Group Asset Mgmt Company (Operating As Southport Management) holds 0.22% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 4,189 shares. Principal Fin has 0.03% invested in McCormick & Company, Incorporated (NYSE:MKC). Brown Advisory Securities Lc reported 37,007 shares stake. Cwm Lc holds 0% or 185 shares in its portfolio. Strategic Financial Services holds 0.34% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 18,721 shares. American Group Incorporated owns 0.02% invested in McCormick & Company, Incorporated (NYSE:MKC) for 42,628 shares. Moreover, Ubs Asset Americas has 0% invested in McCormick & Company, Incorporated (NYSE:MKC). 1,767 were accumulated by Boothbay Fund Mgmt Limited Company. Legal General Grp Public Ltd Co holds 628,416 shares or 0.06% of its portfolio. 2,311 are held by Ibm Retirement Fund. Liberty Mutual Gru Asset Inc accumulated 4,848 shares or 0.01% of the stock. Armstrong Henry H holds 0.49% or 24,519 shares in its portfolio.

Since June 28, 2018, it had 0 insider purchases, and 3 sales for $30.94 million activity. $959,224 worth of stock was sold by Smith Michael R on Monday, July 9.

Proshare Advisors Llc decreased its stake in Mccormick & Co Inc (MKC) by 10.21% based on its latest 2018Q2 regulatory filing with the SEC. Proshare Advisors Llc sold 73,602 shares as the company’s stock rose 25.26% with the market. The institutional investor held 646,959 shares of the consumer non-durables company at the end of 2018Q2, valued at $75.11 million, down from 720,561 at the end of the previous reported quarter. Proshare Advisors Llc who had been investing in Mccormick & Co Inc for a number of months, seems to be less bullish one the $17.49B market cap company. The stock increased 0.87% or $1.15 during the last trading session, reaching $132.82. About 1.25 million shares traded or 61.07% up from the average. McCormick & Company, Incorporated (NYSE:MKC) has risen 32.94% since October 13, 2017 and is uptrending. It has outperformed by 17.32% the S&P500.

Proshare Advisors Llc, which manages about $28.14B and $14.92 billion US Long portfolio, upped its stake in Pentair Plc (NYSE:PNR) by 515,477 shares to 1.49M shares, valued at $62.68 million in 2018Q2, according to the filing. It also increased its holding in Kimberly Clark Corp (NYSE:KMB) by 71,240 shares in the quarter, for a total of 704,407 shares, and has risen its stake in Pepsico Inc (NYSE:PEP).

More notable recent McCormick & Company, Incorporated (NYSE:MKC) news were published by: Seekingalpha.com which released: “McCormick: Going From Strength To Strength” on October 01, 2018, also Seekingalpha.com with their article: “McCormick revises FY2018 guidance” published on September 27, 2018, Investorplace.com published: “How McCormick Stock Can Add Some Spice to Your Portfolio” on September 17, 2018. More interesting news about McCormick & Company, Incorporated (NYSE:MKC) were released by: Seekingalpha.com and their article: “Stocks To Watch: Calling Up Animal Spirits” published on September 22, 2018 as well as Fool.com‘s news article titled: “Warm Winter Melted Vail Resorts’ Profits; a Mixed Quarter for McCormick” with publication date: October 02, 2018.

McCormick & Company, Incorporated (NYSE:MKC) Ratings Coverage

Among 4 analysts covering McCormick \u0026 Co (NYSE:MKC), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. McCormick \u0026 Co had 5 analyst reports since June 29, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, September 28 by Credit Suisse. Stifel Nicolaus maintained it with “Hold” rating and $125 target in Friday, September 28 report. The stock of McCormick & Company, Incorporated (NYSE:MKC) has “Neutral” rating given on Friday, June 29 by Citigroup. On Friday, June 29 the stock rating was maintained by Credit Suisse with “Outperform”. The firm has “Hold” rating by Vertical Group given on Friday, June 29.

McCormick & Company, Incorporated (NYSE:MKC) Institutional Positions Chart

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