Capital Research Global Investors Raised Its Mccormick And Co N/V (MKC) Position; Segantii Capital Management LTD Has Cut China Life Ins Co LTD (LFC) Position

October 12, 2017 - By Adrian Erickson

Segantii Capital Management Ltd decreased China Life Ins Co Ltd (LFC) stake by 25.27% reported in 2017Q2 SEC filing. Segantii Capital Management Ltd sold 168,156 shares as China Life Ins Co Ltd (LFC)’s stock rose 1.29%. The Segantii Capital Management Ltd holds 497,204 shares with $7.60 million value, down from 665,360 last quarter. China Life Ins Co Ltd now has $111.48 billion valuation. The stock rose 0.78% or $0.12 reaching $15.46. About 129,127 shares traded. China Life Insurance Co Ltd (ADR) (NYSE:LFC) has risen 50.38% since October 12, 2016 and is uptrending. It has outperformed by 33.68% the S&P500.

Capital Research Global Investors increased Mccormick And Co Inc N/V (MKC) stake by 1.94% reported in 2017Q2 SEC filing. Capital Research Global Investors acquired 4,096 shares as Mccormick And Co Inc N/V (MKC)’s stock rose 3.48%. The Capital Research Global Investors holds 215,000 shares with $20.97M value, up from 210,904 last quarter. Mccormick And Co Inc N/V now has $13.02B valuation. The stock rose 0.78% or $0.77 reaching $99.06 per share. About 363,765 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.12% since October 12, 2016 and is uptrending. It has underperformed by 11.58% the S&P500.

Among 12 analysts covering McCormick & Company (NYSE:MKC), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. McCormick & Company had 37 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, June 30 by Credit Suisse. Zacks upgraded McCormick & Company, Incorporated (NYSE:MKC) on Monday, August 24 to “Hold” rating. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Hold” rating by BB&T Capital on Thursday, February 18. The firm has “Buy” rating by Bank of America given on Tuesday, December 6. The rating was upgraded by JP Morgan on Wednesday, April 5 to “Neutral”. The company was maintained on Monday, July 24 by Stifel Nicolaus. The firm has “Buy” rating given on Wednesday, August 30 by Jefferies. Citigroup maintained McCormick & Company, Incorporated (NYSE:MKC) rating on Friday, October 2. Citigroup has “Sell” rating and $74 target. The rating was upgraded by Jefferies to “Buy” on Friday, July 28. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Neutral” rating by Citigroup on Thursday, June 23.

Investors sentiment decreased to 0.86 in 2017 Q2. Its down 0.19, from 1.05 in 2017Q1. It worsened, as 27 investors sold MKC shares while 223 reduced holdings. 55 funds opened positions while 159 raised stakes. 88.80 million shares or 1.50% less from 90.15 million shares in 2017Q1 were reported. Rodgers Brothers Inc reported 48,021 shares. Ig Invest holds 51,950 shares or 0.03% of its portfolio. Ameriprise Fin holds 59,924 shares. Schulhoff & Company Incorporated invested in 1.12% or 18,839 shares. Swiss Financial Bank reported 913,348 shares. Us Bankshares De holds 0.02% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 67,180 shares. Glob X Management Ltd Llc reported 2,831 shares. Barclays Plc owns 0.01% invested in McCormick & Company, Incorporated (NYSE:MKC) for 142,161 shares. Voya Inv Mgmt Limited Liability Company holds 73,737 shares. Old Mutual Customised Solutions (Proprietary) Limited reported 4,953 shares or 0.07% of all its holdings. Moreover, Leavell Invest Mngmt has 0.12% invested in McCormick & Company, Incorporated (NYSE:MKC) for 9,595 shares. Gofen Glossberg Ltd Il accumulated 0.58% or 156,370 shares. Amer International Group Inc Incorporated reported 0.01% in McCormick & Company, Incorporated (NYSE:MKC). Aberdeen Asset Management Pcl Uk reported 19,677 shares. Gulf Int State Bank (Uk) Limited holds 0.05% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 35,627 shares.

Capital Research Global Investors decreased Monsanto Co (NYSE:MON) stake by 1.67 million shares to 787,237 valued at $93.18 million in 2017Q2. It also reduced United Parcel Service Inc Cl B (NYSE:UPS) stake by 210,000 shares and now owns 250,000 shares. Lions Gate Entertainment Corp Cl B was reduced too.

Since May 3, 2017, it had 1 insider purchase, and 0 selling transactions for $249,050 activity. $249,050 worth of stock was bought by Montiel Maritza Gomez on Wednesday, May 3.

Segantii Capital Management Ltd increased Reynolds American Inc (NYSE:RAI) stake by 283,529 shares to 606,380 valued at $39.44 million in 2017Q2. It also upped Icici Bk Ltd (NYSE:IBN) stake by 3.07M shares and now owns 5.11 million shares. Fortress Investment Group Ll (NYSE:FIG) was raised too.

Among 7 analysts covering China Life Insurance Company (NYSE:LFC), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. China Life Insurance Company had 13 analyst reports since August 26, 2015 according to SRatingsIntel. On Tuesday, February 21 the stock rating was upgraded by Citigroup to “Buy”. The rating was upgraded by Credit Suisse to “Neutral” on Friday, August 25. Morgan Stanley downgraded China Life Insurance Co Ltd (ADR) (NYSE:LFC) on Thursday, September 29 to “Equal-Weight” rating. As per Thursday, August 17, the company rating was downgraded by Bernstein. Bank of America maintained the shares of LFC in report on Thursday, August 27 with “Buy” rating. The stock of China Life Insurance Co Ltd (ADR) (NYSE:LFC) has “Buy” rating given on Friday, August 25 by Bank of America. The rating was upgraded by Jefferies to “Hold” on Thursday, August 27. The firm has “Neutral” rating by Citigroup given on Friday, March 24. The firm has “Neutral” rating by Credit Suisse given on Wednesday, August 26. The stock of China Life Insurance Co Ltd (ADR) (NYSE:LFC) earned “Buy” rating by Daiwa Securities on Monday, August 28.

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