McKesson (MCK) Research Coverage Started at Evercore ISI

Mae Love
January 13, 2018

About 772,547 shares traded. Owens-Illinois, Inc. (NYSE:OI) has risen 20.39% since January 10, 2017 and is uptrending. Alliancebernstein L.P. now owns 1,989,363 shares of the company's stock valued at $371,315,000 after buying an additional 509,595 shares during the period. BlackRock Inc. now owns 15,330,001 shares of the company's stock worth $2,522,396,000 after purchasing an additional 1,131,024 shares in the last quarter. Mckesson Corp now has $33.49 billion valuation. The stock increased 0.47% or $0.17 during the last trading session, reaching $36.38. Vosburg Craig had sold 14,200 shares worth $2.01 million. McKesson Corporation (NYSE:MCK) has declined 15.45% since January 11, 2017 and is downtrending. It has underperformed by 16.70% the S&P500. Institutional investors own 85.54% of the company's stock.

Investors sentiment decreased to 1 in 2017 Q3. Its up 0.19, from 1.15 in 2017Q2. It dived, as 65 investors sold MCK shares while 296 reduced holdings. 15 funds opened positions while 24 raised stakes. Robeco Institutional Asset Mgmt Bv reported 1.47 million shares. $157,500 worth of McKesson Corporation (NYSE:MCK) was sold by JACOBS M CHRISTINE. JP Morgan upgraded the shares of MCK in report on Tuesday, May 23 to "Overweight" rating. State Of Tennessee Treasury Department stated it has 0.04% of its portfolio in McKesson Corporation (NYSE:MCK). (NYSE:TRN). Lsv Asset invested in 4.93M shares or 0.26% of the stock. Guardian Life Of America has 0.02% invested in Monsanto Company (NYSE:MON) for 992 shares. Tci Wealth Advsrs, a Arizona-based fund reported 1,525 shares. Baystate Wealth Mngmt Llc has invested 0% of its portfolio in McKesson Corporation (NYSE:MCK). Amica Retiree Trust holds 2,808 shares.

Since August 21, 2017, it had 0 insider buys, and 6 sales for $121.83 million activity. Lampert Erin M sold 900 shares worth $140,089. Cetera Advisor Network accumulated 1,864 shares. Needham & Company LLC set a $179.00 target price on McKesson and gave the stock a buy rating in a report on Monday, October 16th. Mastercard Incorporated had 97 analyst reports since July 21, 2015 according to SRatingsIntel. Zacks Investment Research lowered McKesson Corporation from a "hold" rating to a "sell" rating in a report on Thursday, September 29th. The firm has "Buy" rating given on Friday, July 31 by S&P Research. Robert W. Baird downgraded McKesson Corporation from an "outperform" rating to a "neutral" rating and reduced their price objective for the stock from $200.00 to $164.00 in a research report on Friday, October 28th. The rating was maintained by Mizuho with "Buy" on Monday, September 21. Societe Generale downgraded Morgan Stanley (NYSE:MS) rating on Tuesday, January 9.

Arrowstreet Cap Lp has invested 0% in McKesson Corporation (NYSE:MCK). The rating was upgraded by Avondale to "Mkt Outperform" on Wednesday, January 18. Highstreet Asset Mgmt has invested 0.14% in McKesson Corporation (NYSE:MCK). The firm has "Outperform" rating given on Tuesday, January 12 by RBC Capital Markets. Conning reported 0.04% of its portfolio in McKesson Corporation (NYSE:MCK). The firm has "In-Line" rating given on Friday, January 29 by Imperial Capital. The firm has a market capitalization of $33,330.00, a price-to-earnings ratio of 7.61, a P/E/G ratio of 1.61 and a beta of 1.23. Boys Arnold Inc owns 3,622 shares or 0.09% of their U.S. portfolio. MA's profit will be $1.19 billion for 35.84 P/E if the $1.12 EPS becomes a reality. After having $3.28 EPS previously, McKesson Corporation's analysts see -11.89% EPS growth.

On Friday, September 22nd, John H. Hammergren sold 100,000 shares of McKesson stock.

Raytheon (NYSE:RTN) Shares Bought by AMP Capital Investors Ltd
The total amount of shares outstanding is 288.87 million, giving the company a market capitalization of about 55.57 billion. Stifel Nicolaus reaffirmed a "buy" rating and set a $210.00 price objective on shares of Raytheon in a report on Tuesday.

JM Smucker Co (SJM) Given Consensus Recommendation of "Hold" by Brokerages
Smucker Company is a manufacturer and marketer of branded food and beverage products and pet food and pet snacks in North America. It fall, as 71 investors sold DFS shares while 261 reduced holdings. 55 funds opened positions while 163 raised stakes.

First Trust Canada AlphaDEX ETF (FCAN) Declines 0.112% for Jan 7
SPDR S&P Capital Markets ETF (NYSEARCA:KCE) announced a quarterly dividend on Monday, December 18th, Wall Street Journal reports. Analyst IMS Investment Management Services Ltd. increased its holdings in SPDR S&P 500 ETF Trust by 6.1% in the second quarter.

Among 4 analysts covering SunCoke Energy (NYSE:SXC), 2 have Buy rating, 2 Sell and 0 Hold. Therefore 83% are positive. Owens-Illinois Inc had 44 analyst reports since July 31, 2015 according to SRatingsIntel. They set a "buy" rating and a $175.00 price target on the stock. (NYSE:OI) on Wednesday, July 19 with "Hold" rating. On Monday, October 19 the stock rating was reinitiated by Deutsche Bank with "Buy". Jane Street Gru Lc holds 0% of its portfolio in McKesson Corporation (NYSE:MCK) for 7,724 shares. Robert W. Baird maintained it with "Hold" rating and $25.0 target in Tuesday, October 10 report. The firm has "Buy" rating by Keefe Bruyette & Woods given on Thursday, June 8. The rating was maintained by Morgan Stanley on Monday, October 2 with "Overweight". The company was maintained on Wednesday, August 2 by Jefferies. The firm has "Hold" rating given on Tuesday, August 29 by Jefferies.

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.38, from 1.18 in 2017Q2. It increased, as 13 investors sold SunCoke Energy, Inc. shares while 50 reduced holdings. 0 funds opened positions while 0 raised stakes. Carlson Capital Management raised its holdings in shares of McKesson by 52.6% in the 4th quarter. Comerica Natl Bank reported 128,435 shares. Bridges Inv Counsel Incorporated owns 0.13% invested in Trinity Industries, Inc. (NYSE:OI). Eqis Cap Mngmt stated it has 0.06% in Owens-Illinois, Inc. Plante Moran Fincl Advisors Ltd Liability reported 297 shares stake. Zeke Capital Ltd Liability holds 0.06% or 2,907 shares. Invesco Limited has invested 0% in Trinity Industries, Inc. (NYSE:SXC) or 778,592 shares. St Johns Inv Mngmt Ltd reported 6,211 shares or 0.55% of all its holdings. 13,916 were accumulated by Addenda Inc. Loop Capital maintained Visa Inc. Lombard Odier Asset Management Europe Ltd bought 40,293 shares as the company's stock declined 9.43% while stock markets rallied. Ontario - Canada-based Canada Pension Plan Board has invested 0.01% in Owens-Illinois, Inc. (NYSE:TRN). Dc Cap Advsr has invested 10.54% in Trinity Industries, Inc. Gemmer Asset Management Llc reported 0% stake. Northern holds 11.61M shares or 0.43% of its portfolio. The company reported $3.28 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.78 by $0.50.

Campbell Newman Asset Management Inc increased its stake in Visa Inc.

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