North Point Portfolio Managers Lifted Its Stake in Henry Schein (HSIC) by $9.04 Million; Dearborn Partners Holding in Mccormick & Company Non Vt (MKC) Raised by $5.41 Million as Stock Rose

February 17, 2018 - By Ruchi Gupta

North Point Portfolio Managers Corp increased its stake in Henry Schein Inc. (HSIC) by 100.48% based on its latest 2017Q3 regulatory filing with the SEC. North Point Portfolio Managers Corp bought 111,568 shares as the company’s stock rose 5.77% with the market. The institutional investor held 222,608 shares of the health care company at the end of 2017Q3, valued at $18.25M, up from 111,040 at the end of the previous reported quarter. North Point Portfolio Managers Corp who had been investing in Henry Schein Inc. for a number of months, seems to be bullish on the $10.91 billion market cap company. The stock increased 1.67% or $1.14 during the last trading session, reaching $69.52. About 2.87M shares traded or 43.19% up from the average. Henry Schein, Inc. (NASDAQ:HSIC) has risen 4.05% since February 17, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

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 $13.83B market cap company. The stock increased 0.66% or $0.69 during the last trading session, reaching $105.5. About 587,988 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.12% since February 17, 2017 and is uptrending. It has underperformed by 11.58% the S&P500.

Dearborn Partners Llc, which manages about $1.48 billion and $1.36 billion US Long portfolio, decreased its stake in Mcdonalds Corp (NYSE:MCD) by 15,043 shares to 237,857 shares, valued at $37.27 million in 2017Q3, according to the filing. It also reduced its holding in Johnson & Johnson (NYSE:JNJ) by 8,005 shares in the quarter, leaving it with 301,747 shares, and cut its stake in Nike Inc Class B (NYSE:NKE).

Among 13 analysts covering McCormick & Company (NYSE:MKC), 4 have Buy rating, 1 Sell and 8 Hold. Therefore 31% are positive. McCormick & Company had 42 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Hold” rating by Stifel Nicolaus given on Monday, July 24. The company was maintained on Friday, June 24 by Deutsche Bank. Deutsche Bank initiated the stock with “Hold” rating in Wednesday, February 15 report. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Neutral” rating by UBS on Wednesday, February 24. The firm earned “Buy” rating on Tuesday, August 22 by Credit Suisse. Stifel Nicolaus maintained McCormick & Company, Incorporated (NYSE:MKC) rating on Friday, September 29. Stifel Nicolaus has “Hold” rating and $103.0 target. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Outperform” rating by Bernstein on Wednesday, March 30. Deutsche Bank downgraded McCormick & Company, Incorporated (NYSE:MKC) on Friday, January 19 to “Sell” rating. The rating was initiated by BB&T Capital on Tuesday, September 1 with “Buy”. On Friday, June 30 the stock rating was maintained by Stifel Nicolaus with “Hold”.

Investors sentiment increased to 1.63 in Q3 2017. Its up 0.77, from 0.86 in 2017Q2. It improved, 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. Aperio Group Incorporated Ltd Liability reported 199,800 shares. Jpmorgan Chase And Commerce has invested 0.01% in McCormick & Company, Incorporated (NYSE:MKC). Stevens Cap Mgmt Limited Partnership accumulated 89,659 shares. Moreover, Loomis Sayles And LP has 0.1% invested in McCormick & Company, Incorporated (NYSE:MKC). Proshare Advisors Ltd Liability Company owns 655,933 shares. Peak6 Invs Lp has invested 0.01% in McCormick & Company, Incorporated (NYSE:MKC). Gabelli Funds Ltd Liability invested in 0.02% or 37,500 shares. Bartlett & accumulated 219,726 shares. Qs Invsts Ltd Liability Co invested in 0.01% or 13,976 shares. State Street Corp owns 7.17 million shares. Pinnacle Associate Ltd reported 17,749 shares. Eads & Heald Counsel holds 0.28% in McCormick & Company, Incorporated (NYSE:MKC) or 4,390 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Corp invested 0.12% in McCormick & Company, Incorporated (NYSE:MKC). 101,454 were reported by Dearborn Partners Ltd Liability. Eqis Cap owns 25,056 shares for 0.14% of their portfolio.

Since September 29, 2017, it had 0 insider buys, and 5 insider sales for $2.31 million activity. 3,000 shares valued at $296,050 were sold by HRABOWSKI FREEMAN A III on Friday, October 13. $497,500 worth of stock was sold by MANGAN MICHAEL D on Monday, October 30. $678,962 worth of McCormick & Company, Incorporated (NYSE:MKC) was sold by LITTLE PATRICIA A.

Investors sentiment increased to 7.15 in Q3 2017. Its up 5.99, from 1.16 in 2017Q2. It improved, as 47 investors sold HSIC shares while 15 reduced holdings. 66 funds opened positions while 377 raised stakes. 279.70 million shares or 306.41% more from 68.82 million shares in 2017Q2 were reported. Highvista Strategies Ltd Liability Co reported 0.17% in Henry Schein, Inc. (NASDAQ:HSIC). Aperio Gp Lc stated it has 0.04% of its portfolio in Henry Schein, Inc. (NASDAQ:HSIC). Fic Inc accumulated 11,690 shares. Colorado-based Pub Employees Retirement Association Of Colorado has invested 0.02% in Henry Schein, Inc. (NASDAQ:HSIC). Coastline has invested 0.35% in Henry Schein, Inc. (NASDAQ:HSIC). Envestnet Asset Mgmt owns 43,464 shares. Cubist Systematic Strategies Ltd Liability Company has 11,596 shares for 0.05% of their portfolio. Ntv Asset Mgmt Ltd Liability Corporation reported 3,300 shares. Moreover, Gemmer Asset Mngmt Limited Liability Company has 0.01% invested in Henry Schein, Inc. (NASDAQ:HSIC) for 246 shares. Bryn Mawr Tru Com, Pennsylvania-based fund reported 78,839 shares. Citadel Advsr Limited Com reported 675,788 shares. 3,090 were accumulated by Livforsakringsbolaget Skandia Omsesidigt. Generation Inv Llp stated it has 1.31% in Henry Schein, Inc. (NASDAQ:HSIC). Thompson Investment Mgmt holds 13,500 shares or 0.21% of its portfolio. Eulav Asset Mngmt owns 0.99% invested in Henry Schein, Inc. (NASDAQ:HSIC) for 256,200 shares.

North Point Portfolio Managers Corp, which manages about $628.27 million and $592.44M US Long portfolio, decreased its stake in Ingredion Inc. (NYSE:INGR) by 3,178 shares to 135,181 shares, valued at $16.31 million in 2017Q3, according to the filing.

Since September 6, 2017, it had 0 insider purchases, and 1 sale for $366,756 activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>