Massmutual Trust Company Fsb Cut By $289.25 Million Its Newell Brands (NWL) Stake; Mckesson (MCK) Has 0.9 Sentiment

August 12, 2018 - By William Brooks

McKesson Corporation (NYSE:MCK) Logo

Massmutual Trust Company Fsb decreased Newell Brands Inc (NWL) stake by 97.15% reported in 2018Q1 SEC filing. Massmutual Trust Company Fsb sold 11,352 shares as Newell Brands Inc (NWL)’s stock declined 9.20%. The Massmutual Trust Company Fsb holds 333 shares with $8.49M value, down from 11,685 last quarter. Newell Brands Inc now has $10.11 billion valuation. The stock decreased 0.29% or $0.06 during the last trading session, reaching $20.82. About 11.82M shares traded or 63.07% up from the average. Newell Brands Inc. (NYSE:NWL) has declined 52.59% since August 12, 2017 and is downtrending. It has underperformed by 65.16% the S&P500. Some Historical NWL News: 06/04/2018 – Newell starts auctioning assets ahead of investor face-off; 17/04/2018 – Bill Ackman says Newell made ‘deal with the devil’ in Icahn agreement; 16/03/2018 – Carl Icahn Still Hasn’t Taken Sides in Newell’s Proxy Fight With Starboard; 04/04/2018 – STARBOARD DOESN’T BELIEVE RECENT NEWELL CHANGES ARE SUFFICIENT; 01/05/2018 – Starboard Sees Newell Worth $48 a Share on Cost Savings Alone; 04/04/2018 – STARBOARD SAYS CURRENT SITUATION AT NEWELL ‘UNACCEPTABLE’; 20/03/2018 – EXCLUSIVE-FORMER NEWELL BRANDS INC NWL.N DIRECTOR MARTIN FRANKLIN SAYS J2 ACQUISITION LTD JTWO.L COULD BID FOR NEWELL ASSETS; 02/04/2018 – NEWELL BRANDS INC – WITH EXPECTED ELECTION OF ATCHISON AND JUDITH SPRIESER AT 2018 ANNUAL MEETING, NEWELL BRAND’S BOARD WILL COMPRISE 11 DIRECTORS; 04/05/2018 – NEWELL BRANDS INC – ACCELERATED TRANSFORMATION PLAN WILL RESULT IN 39% REDUCTION IN NUMBER OF EMPLOYEES; 20/03/2018 – STARBOARD: NEWELL SHOULD EVALUATE ALTERNATIVES FOR ENTIRE CO

Mckesson Corp (MCK) investors sentiment increased to 0.9 in Q1 2018. It’s up 0.11, from 0.79 in 2017Q4. The ratio increased, as 303 funds started new or increased stock positions, while 336 sold and reduced stock positions in Mckesson Corp. The funds in our database now hold: 178.18 million shares, up from 177.79 million shares in 2017Q4. Also, the number of funds holding Mckesson Corp in top ten stock positions decreased from 18 to 12 for a decrease of 6. Sold All: 73 Reduced: 263 Increased: 230 New Position: 73.

Since January 1, 0001, it had 0 buys, and 2 selling transactions for $334,327 activity.

More notable recent McKesson Corporation (NYSE:MCK) news were published by: Seekingalpha.com which released: “Dear Mr. Market, Why Do You Punish McKesson?” on August 09, 2018, also Seekingalpha.com with their article: “McKesson And Its Real Value” published on August 07, 2018, Seekingalpha.com published: “McKesson appoints Brian S. Tyler, Ph.D. as president and chief operating officer” on July 31, 2018. More interesting news about McKesson Corporation (NYSE:MCK) were released by: Seekingalpha.com and their article: “McKesson Corporation 2018 Q2 – Results – Earnings Call Slides” published on July 26, 2018 as well as Seekingalpha.com‘s news article titled: “McKesson (MCK) Q1 2019 Results – Earnings Call Transcript” with publication date: July 26, 2018.

McKesson Corporation provides pharmaceuticals and medical supplies in the United States and internationally. The company has market cap of $24.60 billion. The firm operates in two divisions, McKesson Distribution Solutions and McKesson Technology Solutions. It currently has negative earnings. The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs, and other healthcare-related products; and provides practice management, technology, clinical support, and business solutions to community oncology and other specialty practices.

Analysts await McKesson Corporation (NYSE:MCK) to report earnings on October, 25. They expect $3.27 earnings per share, down 0.30% or $0.01 from last year’s $3.28 per share. MCK’s profit will be $653.26M for 9.41 P/E if the $3.27 EPS becomes a reality. After $2.90 actual earnings per share reported by McKesson Corporation for the previous quarter, Wall Street now forecasts 12.76% EPS growth.

The stock decreased 0.60% or $0.74 during the last trading session, reaching $123.14. About 990,673 shares traded. McKesson Corporation (MCK) has declined 10.19% since August 12, 2017 and is downtrending. It has underperformed by 22.76% the S&P500. Some Historical MCK News: 07/05/2018 – McKesson ideaShare: The lndependent’s Power to Perform; 24/04/2018 – McKesson and PrescribeWellness Announce Five-Year Partnership to Provide VaccineComplete and Expanded Access to Collaborative; 25/04/2018 – McKesson: Plan Designed to Increase Efficiency, Accelerate Execution, Improve Long-Term Performance; 11/05/2018 – River & Mercantile Adds Southwestern Energy, Cuts McKesson: 13F; 25/04/2018 – McKesson Launches Comprehensive Review of Operations; 25/04/2018 – McKesson Sees 2019 Adj EPS $13-Adj EPS $13.80; 30/04/2018 – McKesson Board of Directors Elects Brad Lerman as New Independent Director; 26/03/2018 – McKesson Corp Redeems 7.5% Notes Due 2019; 09/04/2018 – Mackenzie Cundill Value Exits McKesson, Cuts Union Pacific; 05/04/2018 – McKesson Specialty Health Partners with CoverMyMeds to Deliver Keynote Address at eyeforpharma Philadelphia 2018

Axon Capital Lp holds 10.15% of its portfolio in McKesson Corporation for 76,312 shares. Krensavage Asset Management Llc owns 291,392 shares or 9.96% of their US portfolio. Moreover, Ruffer Llp has 9.43% invested in the company for 1.38 million shares. The United Kingdom-based Kiltearn Partners Llp has invested 6.54% in the stock. Par Capital Management Inc, a Massachusetts-based fund reported 4.18 million shares.

Since May 18, 2018, it had 2 insider buys, and 0 selling transactions for $132,790 activity. TODMAN MICHAEL had bought 4,000 shares worth $106,120 on Monday, May 21. Craigie James bought $26,670 worth of stock.

Massmutual Trust Company Fsb increased Nvidia Corp (NASDAQ:NVDA) stake by 32,882 shares to 32,949 valued at $7.63B in 2018Q1. It also upped Enbridge Inc (NYSE:ENB) stake by 71,286 shares and now owns 73,861 shares. Aes Corp/Va (NYSE:AES) was raised too.

Investors sentiment increased to 0.94 in Q1 2018. Its up 0.22, from 0.72 in 2017Q4. It improved, as 81 investors sold NWL shares while 183 reduced holdings. 98 funds opened positions while 151 raised stakes. 456.01 million shares or 5.67% more from 431.52 million shares in 2017Q4 were reported. Tocqueville Asset Management Ltd Partnership, New York-based fund reported 464,155 shares. 121,600 are owned by Intact Investment Mngmt Inc. 53,209 were accumulated by Paloma Prns Mgmt. The Ontario – Canada-based Toronto Dominion Natl Bank has invested 0.01% in Newell Brands Inc. (NYSE:NWL). Grp One Trading Ltd Partnership has 0.01% invested in Newell Brands Inc. (NYSE:NWL) for 28,183 shares. Pictet Asset Mngmt has 269,766 shares. Cibc World Mkts Corp reported 92,471 shares. Washington Fincl Bank holds 457 shares. Mhr Fund Mgmt Ltd Llc, New York-based fund reported 825,000 shares. Commerce Bancorp reported 0.05% of its portfolio in Newell Brands Inc. (NYSE:NWL). The Massachusetts-based Hall Laurie J Trustee has invested 0.01% in Newell Brands Inc. (NYSE:NWL). Capital Ca accumulated 37,200 shares. Martin And Tn stated it has 97,451 shares or 0.83% of all its holdings. Glenmede Trust Communications Na reported 0% in Newell Brands Inc. (NYSE:NWL). Suntrust Banks reported 0.01% in Newell Brands Inc. (NYSE:NWL).

More important recent Newell Brands Inc. (NYSE:NWL) news were published by: Globenewswire.com which released: “SHAREHOLDER ALERT: COOL HAIR TAL UNM SBGL NWL PCG GOGO FLKS: The Law Offices of Vincent Wong …” on August 12, 2018, also 247Wallst.com published article titled: “Is This the Final Capitulation for an Elusive Newell Turnaround?”, Globenewswire.com published: “Hagens Berman Alerts Investors in Newell Brands, Inc. (NYSE: NWL) to the August 20, 2018 Securities Class Action …” on July 18, 2018. More interesting news about Newell Brands Inc. (NYSE:NWL) was released by: Seekingalpha.com and their article: “Market Has Forgiven Stocks – Cramer’s Mad Money (8/6/18)” with publication date: August 07, 2018.

Newell Brands Inc. (NYSE:NWL) Institutional Positions Chart

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