Dearborn Partners LLC Upped Mccormick & Company INC Non Vt (MKC) Stake by $5.41 Million

January 20, 2018 - By Winifred Garcia

Investors sentiment increased to 1.63 in 2017 Q3. Its up 0.77, from 0.86 in 2017Q2. It improved, as 44 investors sold MKC shares while 151 reduced holdings. 87 funds opened positions while 230 raised stakes. 97.65 million shares or 9.97% more from 88.80 million shares in 2017Q2 were reported. Bb&T holds 0.24% or 118,702 shares in its portfolio. Wetherby Asset Management Inc invested in 0.05% or 3,462 shares. Stephens Incorporated Ar owns 14,907 shares. Brown Advisory Secs Lc has 0.67% invested in McCormick & Company, Incorporated (NYSE:MKC). The Australia-based Amp Investors Ltd has invested 0.02% in McCormick & Company, Incorporated (NYSE:MKC). Utah Retirement has invested 0.05% in McCormick & Company, Incorporated (NYSE:MKC). Stone Run Llc holds 42,275 shares. Mcf Advisors Llc has 55 shares for 0% of their portfolio. Numeric Ltd Liability holds 0% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 4,800 shares. Palisade Asset Mngmt Lc invested in 19,577 shares. Fruth Investment Mgmt holds 21,365 shares. California Pub Employees Retirement Sys stated it has 290,428 shares or 0.04% of all its holdings. Fred Alger Mgmt holds 20,472 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt holds 124,100 shares or 0.12% of its portfolio. Peddock Cap Advsr Limited Liability Co holds 0.03% or 630 shares.

Since September 29, 2017, it had 0 buys, and 3 selling transactions for $1.36 million activity. Another trade for 5,000 shares valued at $497,500 was sold by MANGAN MICHAEL D. 5,500 McCormick & Company, Incorporated (NYSE:MKC) shares with value of $564,325 were sold by Smith Michael R.

Dearborn Partners Llc increased its stake in Mccormick & Company Inc Non Vt (MKC) by 109.65% based on its latest 2017Q3 regulatory filing with the SEC. Dearborn Partners Llc bought 53,061 shares as the company’s stock rose 3.48% with the market. The institutional investor held 101,454 shares of the consumer non-durables company at the end of 2017Q3, valued at $10.41M, up from 48,393 at the end of the previous reported quarter. Dearborn Partners Llc who had been investing in Mccormick & Company Inc Non Vt for a number of months, seems to be bullish on the $12.99 billion market cap company. The stock decreased 3.61% or $3.72 during the last trading session, reaching $99.19. About 2.89 million shares traded or 214.23% up from the average. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.12% since January 20, 2017 and is uptrending. It has underperformed by 11.58% the S&P500.

More news for McCormick & Company, Incorporated (NYSE:MKC) were recently published by: Benzinga.com, which released: “28 Stocks Moving In Friday’s Mid-Day Session” on January 19, 2018. Nasdaq.com‘s article titled: “McCormick & Company, Incorporated (MKC) Ex-Dividend Date Scheduled for …” and published on December 27, 2017 is yet another important article.

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

Among 12 analysts covering McCormick & Company (NYSE:MKC), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 33% are positive. McCormick & Company has $120 highest and $74 lowest target. $101.50’s average target is 2.33% above currents $99.19 stock price. McCormick & Company had 39 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, September 18 by Credit Suisse. Stifel Nicolaus maintained the shares of MKC in report on Thursday, August 31 with “Hold” rating. The rating was initiated by Jefferies on Wednesday, December 16 with “Hold”. The firm earned “Outperform” rating on Friday, September 29 by Credit Suisse. On Tuesday, January 19 the stock rating was downgraded by JP Morgan to “Underweight”. Jefferies maintained the shares of MKC in report on Thursday, June 22 with “Hold” rating. The firm has “Buy” rating given on Tuesday, October 3 by Jefferies. Citigroup upgraded McCormick & Company, Incorporated (NYSE:MKC) rating on Thursday, June 23. Citigroup has “Neutral” rating and $102 target. The firm earned “Outperform” rating on Tuesday, October 25 by Credit Suisse. On Wednesday, February 15 the stock rating was initiated by Deutsche Bank with “Hold”.

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