Dearborn Partners LLC Increases Stake in Mccormick & Company INC Non Vt (MKC)

January 20, 2018 - By Adrian Erickson

Investors sentiment increased to 1.63 in 2017 Q3. Its up 0.77, from 0.86 in 2017Q2. It increased, 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. Eagleclaw Capital Managment Ltd holds 0.54% or 9,305 shares in its portfolio. Crawford Invest Counsel accumulated 338,905 shares or 1.13% of the stock. State Street Corp holds 7.17 million shares or 0.06% of its portfolio. Wagner Bowman Mgmt accumulated 15,113 shares. Boston Family Office Limited Liability Corporation holds 71,910 shares. Sigma Planning has invested 0.03% in McCormick & Company, Incorporated (NYSE:MKC). 464,207 are held by Aqr Cap Management Limited Liability Company. Atria Limited Liability Corporation accumulated 5,030 shares. Sumitomo Life owns 21,429 shares. Autus Asset Mgmt Ltd Liability Corporation has invested 1.94% in McCormick & Company, Incorporated (NYSE:MKC). Sandy Spring Bancorporation invested in 0.16% or 16,454 shares. Missouri-based Umb Bancshares N A Mo has invested 0.06% in McCormick & Company, Incorporated (NYSE:MKC). Hartford Investment Mngmt Company holds 0.08% or 41,269 shares. 7,476 are owned by Ironwood Inv Counsel Limited Liability Corp. Gabelli Funds Ltd Liability Co holds 0.02% or 37,500 shares.

Since September 29, 2017, it had 0 insider buys, and 3 selling transactions for $1.36 million activity. The insider Smith Michael R sold 5,500 shares worth $564,325. MANGAN MICHAEL D had sold 5,000 shares worth $497,500 on Monday, October 30.

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 $10.41 million, 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. Jefferies maintained it with “Buy” rating and $110.0 target in Tuesday, October 3 report. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Hold” rating by Deutsche Bank on Wednesday, February 15. The company was maintained on Friday, June 24 by Deutsche Bank. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Hold” rating by Stifel Nicolaus on Friday, June 30. The firm has “Hold” rating by Zacks given on Monday, August 24. The firm earned “Buy” rating on Tuesday, August 22 by Credit Suisse. The firm has “Buy” rating by BB&T Capital given on Tuesday, September 1. Jefferies maintained it with “Hold” rating and $9500 target in Thursday, June 22 report. The rating was maintained by Jefferies on Monday, October 30 with “Buy”. Edward Jones upgraded the stock to “Buy” rating in Friday, April 7 report.

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