Proshare Advisors LLC Trimmed Mccormick & Co INC (MKC) Holding as Stock Rose

October 13, 2018 - By Michael Collier

McCormick & Company, Incorporated (NYSE:MKC) LogoInvestors sentiment is 1.28 in 2018 Q2. Its the same as in 2018Q1. It is flat, 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. Fiduciary Co reported 0.02% stake. Gemmer Asset Management Ltd invested in 250 shares or 0.01% of the stock. The California-based West Oak Capital Ltd has invested 0% in McCormick & Company, Incorporated (NYSE:MKC). Thompson Siegel & Walmsley Ltd Llc reported 330 shares. Orrstown stated it has 1,304 shares. Navellier & Associates holds 0.04% or 2,203 shares in its portfolio. Df Dent & invested in 13,139 shares. Plante Moran Fin Advsr Limited Liability has invested 0.16% in McCormick & Company, Incorporated (NYSE:MKC). Champlain Inv Prns Ltd has 877,520 shares for 0.99% of their portfolio. 5,273 are held by Moody Bancshares Division. Eagleclaw Cap Managment Limited Liability Corp invested in 0.58% or 10,355 shares. Becker Capital Incorporated holds 0.02% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 5,450 shares. Van Eck Associate invested in 195 shares. Fjarde Ap owns 29,672 shares or 0.05% of their US portfolio. Northern Tru stated it has 2.08 million shares.

Since June 28, 2018, it had 0 buys, and 3 insider 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 $75.11M, 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 Pepsico Inc (NYSE:PEP) by 41,667 shares to 841,700 shares, valued at $91.64M in 2018Q2, according to the filing. It also increased its holding in Stanley Black & Decker Inc (NYSE:SWK) by 45,210 shares in the quarter, for a total of 492,716 shares, and has risen its stake in Southwest Gas Holdings Inc (NYSE:SWX).

More notable recent McCormick & Company, Incorporated (NYSE:MKC) news were published by: Investorplace.com which released: “7 Consumer Staples Stocks to Buy” on October 10, 2018, also Seekingalpha.com with their article: “McCormick: Going From Strength To Strength” published on October 01, 2018, Fool.com published: “McCormick Earnings: What to Watch” on September 21, 2018. More interesting news about McCormick & Company, Incorporated (NYSE:MKC) were released by: Seekingalpha.com and their article: “McCormick revises FY2018 guidance” published on September 27, 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 stock has “Neutral” rating by Citigroup on Friday, June 29. The rating was downgraded by Vertical Group to “Hold” on Friday, June 29. The firm has “Hold” rating by Stifel Nicolaus given on Friday, September 28. Credit Suisse maintained it with “Outperform” rating and $137 target in Friday, September 28 report. The firm earned “Outperform” rating on Friday, June 29 by Credit Suisse.

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

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