Gilman Hill Asset Management LLC Increases Holding in Mccormick & Co INC (MKC)

June 20, 2017 - By Adrian Mccoy

Investors sentiment decreased to 0.93 in 2016 Q4. Its down 0.17, from 1.1 in 2016Q3. It is negative, as 50 investors sold MKC shares while 203 reduced holdings. 60 funds opened positions while 175 raised stakes. 89.01 million shares or 0.45% less from 89.41 million shares in 2016Q3 were reported. Ontario Teachers Pension Plan Board accumulated 0.06% or 61,777 shares. Blackrock Institutional Co Na holds 0.06% in McCormick & Company, Incorporated (NYSE:MKC) or 4.53 million shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0.03% stake. Transamerica Finance Inc invested in 12,869 shares. Gateway Advisers Ltd Limited Liability Company reported 7,740 shares. Profit Mgmt Lc owns 11,252 shares. Pictet Asset Management Limited holds 0.11% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 313,420 shares. Henderson Grp Public Limited Company, a United Kingdom-based fund reported 199,244 shares. Daiwa Grp Inc invested 0.01% in McCormick & Company, Incorporated (NYSE:MKC). Saturna Cap holds 0.99% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 302,530 shares. Creative Planning reported 0.01% in McCormick & Company, Incorporated (NYSE:MKC). Allianz Asset Mngmt Ag stated it has 0% in McCormick & Company, Incorporated (NYSE:MKC). First Manhattan accumulated 110,853 shares or 0.06% of the stock. Monroe State Bank Mi has invested 0.02% in McCormick & Company, Incorporated (NYSE:MKC). Dynamic Advsr Solutions Limited Liability Co stated it has 0.29% in McCormick & Company, Incorporated (NYSE:MKC).

Since February 2, 2017, it had 1 buy, and 2 selling transactions for $20.94 million activity. On Wednesday, May 3 Montiel Maritza Gomez bought $249,050 worth of McCormick & Company, Incorporated (NYSE:MKC) or 2,500 shares. MANGAN MICHAEL D sold $475,442 worth of stock or 5,000 shares. 207,531 shares valued at $20.72 million were sold by WILSON ALAN D on Wednesday, April 12.

Gilman Hill Asset Management Llc increased its stake in Mccormick & Co Inc (MKC) by 118.85% based on its latest 2016Q4 regulatory filing with the SEC. Gilman Hill Asset Management Llc bought 45,013 shares as the company’s stock rose 3.48% with the market. The institutional investor held 82,887 shares of the consumer non-durables company at the end of 2016Q4, valued at $7.74M, up from 37,874 at the end of the previous reported quarter. Gilman Hill Asset Management Llc who had been investing in Mccormick & Co Inc for a number of months, seems to be bullish on the $12.29 billion market cap company. The stock increased 0.32% or $0.33 during the last trading session, reaching $102.16. About shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.12% since June 20, 2016 and is uptrending. It has underperformed by 11.58% the S&P500.

More recent McCormick & Company, Incorporated (NYSE:MKC) news were published by: which released: “McCormick & Company’s 2017 Second Quarter Results Conference Call to be …” on June 15, 2017. Also published the news titled: “McCormick Appoints Tony Vernon to Board of Directors” on May 23, 2017.‘s news article titled: “Harry K. Wells, McCormick executive and World War II veteran” with publication date: May 24, 2017 was also an interesting one.

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

Among 11 analysts covering McCormick & Company (NYSE:MKC), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. McCormick & Company had 24 analyst reports since August 20, 2015 according to SRatingsIntel. As per Tuesday, January 19, the company rating was downgraded by JP Morgan. The firm has “Buy” rating by Zacks given on Thursday, August 20. The firm has “Hold” rating given on Monday, August 24 by Zacks. Credit Suisse upgraded McCormick & Company, Incorporated (NYSE:MKC) on Tuesday, October 25 to “Outperform” rating. The rating was maintained by Deutsche Bank with “Buy” on Friday, July 1. The rating was downgraded by Bernstein on Friday, September 16 to “Mkt Perform”. The stock of McCormick & Company, Incorporated (NYSE:MKC) has “Hold” rating given on Friday, June 24 by Deutsche Bank. Bank of America initiated McCormick & Company, Incorporated (NYSE:MKC) rating on Tuesday, December 6. Bank of America has “Buy” rating and $100 target. The company was initiated on Friday, June 16 by Goldman Sachs. The firm earned “Hold” rating on Wednesday, February 15 by Deutsche Bank.

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