Dearborn Partners LLC Has Upped Mccormick & Company INC Non Vt (MKC) Stake by $13.69 Million as Stock Rose

April 19, 2018 - By Ellis Scott

McCormick & Company, Incorporated (NYSE:MKC) LogoInvestors sentiment decreased to 1.16 in Q4 2017. Its down 0.47, from 1.63 in 2017Q3. It turned negative, as 45 investors sold MKC shares while 189 reduced holdings. 64 funds opened positions while 207 raised stakes. 100.61 million shares or 3.03% more from 97.65 million shares in 2017Q3 were reported. Stifel Fin Corporation stated it has 0.08% in McCormick & Company, Incorporated (NYSE:MKC). Loring Wolcott Coolidge Fiduciary Advsrs Llp Ma invested 0.04% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC). Lee Danner And Bass has 14,750 shares for 0.15% of their portfolio. 16,414 were accumulated by Sandy Spring Natl Bank. Moneta Gru Invest Advsrs Ltd Company reported 1,950 shares stake. Gilman Hill Asset Management Ltd Liability reported 82,731 shares. Moreover, Veritable Lp has 0.02% invested in McCormick & Company, Incorporated (NYSE:MKC) for 9,548 shares. Comml Bank has invested 0.01% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC). Kcm Inv Ltd stated it has 0.14% in McCormick & Company, Incorporated (NYSE:MKC). 658,890 are held by Bahl Gaynor Inc. Coldstream Management Inc reported 7,250 shares. Mathes Company invested 1.19% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC). Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.02% in McCormick & Company, Incorporated (NYSE:MKC). Massmutual Tru Fsb Adv has invested 0% in McCormick & Company, Incorporated (NYSE:MKC). Farr Miller & Washington Limited Company Dc reported 4,913 shares.

Since October 30, 2017, it had 0 insider purchases, and 3 insider sales for $1.45 million activity. LITTLE PATRICIA A sold $678,962 worth of stock or 6,250 shares. $497,500 worth of McCormick & Company, Incorporated (NYSE:MKC) shares were sold by MANGAN MICHAEL D.

Dearborn Partners Llc increased its stake in Mccormick & Company Inc Non Vt (MKC) by 133.61% based on its latest 2017Q4 regulatory filing with the SEC. Dearborn Partners Llc bought 135,552 shares as the company’s stock rose 5.33% while stock markets declined. The institutional investor held 237,006 shares of the consumer non-durables company at the end of 2017Q4, valued at $24.15 million, up from 101,454 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 $14.19 billion market cap company. The stock decreased 0.30% or $0.32 during the last trading session, reaching $108.13. About 512,122 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.91% since April 19, 2017 and is uptrending. It has underperformed by 5.64% the S&P500.

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

Among 7 analysts covering McCormick \u0026 Co (NYSE:MKC), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. McCormick \u0026 Co has $122 highest and $106 lowest target. $113.50’s average target is 4.97% above currents $108.13 stock price. McCormick \u0026 Co had 8 analyst reports since October 30, 2017 according to SRatingsIntel. The company was maintained on Wednesday, March 28 by Credit Suisse. On Thursday, January 25 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by UBS on Wednesday, March 28 with “Neutral”. The stock of McCormick & Company, Incorporated (NYSE:MKC) has “Neutral” rating given on Friday, January 26 by UBS. The firm has “Neutral” rating given on Wednesday, March 28 by Citigroup. The firm earned “Buy” rating on Monday, October 30 by Jefferies. Deutsche Bank downgraded McCormick & Company, Incorporated (NYSE:MKC) on Friday, January 19 to “Sell” rating.

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

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