Mccormick & Co INC (MKC) Holder Clarkston Capital Partners LLC Has Lowered Holding by $8.99 Million

McCormick & Company, Incorporated (NYSE:MKC) LogoInvestors sentiment increased to 1.03 in Q4 2018. Its up 0.09, from 0.94 in 2018Q3. It is positive, as 31 investors sold MKC shares while 240 reduced holdings. 91 funds opened positions while 188 raised stakes. 106.77 million shares or 7.31% more from 99.50 million shares in 2018Q3 were reported. 18,991 were accumulated by Silvercrest Asset Mgmt Grp Inc Ltd Limited Liability Company. 5,925 are held by Glenview Bancorp Tru Dept. The Illinois-based Calamos Ltd Llc has invested 0.02% in McCormick & Company, Incorporated (NYSE:MKC). Charles Schwab Investment Mngmt invested 0.05% in McCormick & Company, Incorporated (NYSE:MKC). Girard Prtnrs holds 0.05% or 1,662 shares. Gabelli Funds Lc accumulated 31,500 shares. Personal Capital Corp holds 7,333 shares. Regentatlantic Limited Com invested 0.04% in McCormick & Company, Incorporated (NYSE:MKC). Alliancebernstein Lp accumulated 235,571 shares or 0.02% of the stock. Moody State Bank Trust Division owns 82,923 shares. Kings Point Capital Management holds 0.01% or 451 shares in its portfolio. Gideon Advsr has invested 0.13% in McCormick & Company, Incorporated (NYSE:MKC). Parsons Management Ri reported 19,173 shares. Hamel Assoc Inc reported 0.51% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC). C M Bidwell & Associates Limited reported 3,315 shares.

Since November 13, 2018, it had 0 insider buys, and 1 insider sale for $58,976 activity.

Clarkston Capital Partners Llc decreased its stake in Mccormick & Co Inc (MKC) by 14.88% based on its latest 2018Q4 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 64,680 shares as the company’s stock declined 8.44% while stock markets rallied. The institutional investor held 370,086 shares of the consumer non-durables company at the end of 2018Q4, valued at $51.53M, down from 434,766 at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Mccormick & Co Inc for a number of months, seems to be less bullish one the $20.42 billion market cap company. The stock increased 1.03% or $1.57 during the last trading session, reaching $154.66. About 327,142 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 26.92% since May 8, 2018 and is uptrending. It has outperformed by 22.55% the S&P500.

Clarkston Capital Partners Llc, which manages about $457.76M and $2.60B US Long portfolio, upped its stake in Cdk Global Inc (NASDAQ:CDK) by 811,839 shares to 1.50 million shares, valued at $71.82M in 2018Q4, according to the filing. It also increased its holding in Western Un Co (NYSE:WU) by 308,324 shares in the quarter, for a total of 10.71 million shares, and has risen its stake in Anheuser Busch Inbev Sa/Nv (NYSE:BUD).

Analysts await McCormick & Company, Incorporated (NYSE:MKC) to report earnings on June, 27. They expect $1.08 EPS, up 5.88 % or $0.06 from last year’s $1.02 per share. MKC’s profit will be $142.58M for 35.80 P/E if the $1.08 EPS becomes a reality. After $1.12 actual EPS reported by McCormick & Company, Incorporated for the previous quarter, Wall Street now forecasts -3.57 % negative EPS growth.

More notable recent McCormick & Company, Incorporated (NYSE:MKC) news were published by: Benzinga.com which released: “Kroger Company (The) (NYSE:KR), McCormick & Company, Incorporated (NYSE:MKC) – Cut Melon Linked To U.S. Salmonella Outbreak Recalled – Another Reason To Implement Blockchain In The Food Supply Chain – Benzinga” on April 15, 2019, also Prnewswire.com with their article: “McCormick & Company Recognized as One of DiversityInc’s 2019 Top 50 Companies – PRNewswire” published on May 08, 2019, Seekingalpha.com published: “Coca-Cola: Final Performance – Seeking Alpha” on May 05, 2019. More interesting news about McCormick & Company, Incorporated (NYSE:MKC) were released by: Seekingalpha.com and their article: “McCormick: Just Enough Concerns Even After The Pullback – Seeking Alpha” published on January 30, 2019 as well as Seekingalpha.com‘s news article titled: “McCormick & Company: Just Too Spicy – Seeking Alpha” with publication date: March 27, 2019.

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

Among 2 analysts covering McCormick \u0026 Co (NYSE:MKC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. McCormick \u0026 Co had 4 analyst reports since November 9, 2018 according to SRatingsIntel. The rating was maintained by Jefferies on Tuesday, March 26 with “Buy”. The company was downgraded on Friday, November 9 by Credit Suisse.

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

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