Mckesson Corp (MCK) Position Maintained by Taylor Asset Management Inc

September 30, 2018 - By Jason Dias

McKesson Corporation (NYSE:MCK) LogoInvestors sentiment increased to 1.05 in Q2 2018. Its up 0.15, from 0.9 in 2018Q1. It increased, as 39 investors sold MCK shares while 261 reduced holdings. 76 funds opened positions while 238 raised stakes. 172.34 million shares or 3.28% less from 178.18 million shares in 2018Q1 were reported. 1,661 are held by Bartlett Ltd Liability Corporation. 8,282 were reported by Huntington Bank. Evergreen Capital Mngmt holds 0.02% of its portfolio in McKesson Corporation (NYSE:MCK) for 1,590 shares. Utah Retirement System accumulated 38,191 shares or 0.11% of the stock. Johnson Finance Grp Incorporated accumulated 496 shares or 0.01% of the stock. Busey Tru invested 0.41% of its portfolio in McKesson Corporation (NYSE:MCK). Quantres Asset Mgmt Limited accumulated 2,400 shares. Meyer Handelman holds 1.18% or 172,217 shares in its portfolio. Northwest Counselors Limited Liability, Oregon-based fund reported 9,290 shares. Martin Tn holds 1.21% of its portfolio in McKesson Corporation (NYSE:MCK) for 28,442 shares. Amica Mutual Ins Company stated it has 8,595 shares or 0.14% of all its holdings. Toronto Dominion Comml Bank owns 132,175 shares for 0.04% of their portfolio. Liberty Mutual Grp Asset Management owns 8,076 shares. Ancora Advsrs Limited invested in 0.03% or 4,604 shares. First Quadrant LP Ca holds 6,376 shares or 0.02% of its portfolio.

Since May 30, 2018, it had 0 buys, and 4 insider sales for $644,452 activity. Another trade for 1,350 shares valued at $173,732 was sold by KNOWLES MARIE L/CA. Shares for $173,732 were sold by JACOBS M CHRISTINE on Friday, August 31. 1,350 shares were sold by COLES N ANTHONY, worth $173,732 on Friday, August 31.

Taylor Asset Management Inc increased its stake in Mckesson Corp (MCK) by 33.81% based on its latest 2018Q2 regulatory filing with the SEC. Taylor Asset Management Inc bought 25,800 shares as the company’s stock declined 12.86% while stock markets rallied. The hedge fund held 102,100 shares of the other pharmaceuticals company at the end of 2018Q2, valued at $13.62 million, up from 76,300 at the end of the previous reported quarter. Taylor Asset Management Inc who had been investing in Mckesson Corp for a number of months, seems to be bullish on the $26.50B market cap company. The stock increased 0.73% or $0.96 during the last trading session, reaching $132.65. About 1.17 million shares traded. McKesson Corporation (NYSE:MCK) has declined 16.67% since September 30, 2017 and is downtrending. It has underperformed by 32.29% the S&P500.

More news for McKesson Corporation (NYSE:MCK) were recently published by: Seekingalpha.com, which released: “McKesson: Good Enough To Be Great Value” on September 25, 2018. Seekingalpha.com‘s article titled: “McKesson’s Valuation From 3 Perspectives” and published on September 04, 2018 is yet another important article.

McKesson Corporation (NYSE:MCK) Ratings Coverage

Among 7 analysts covering McKesson (NYSE:MCK), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. McKesson had 7 analyst reports since April 11, 2018 according to SRatingsIntel. The stock has “Neutral” rating by Robert W. Baird on Friday, July 20. Cowen & Co maintained McKesson Corporation (NYSE:MCK) on Wednesday, April 18 with “Buy” rating. On Friday, July 27 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, July 3. The stock of McKesson Corporation (NYSE:MCK) has “Hold” rating given on Tuesday, May 29 by Leerink Swann. Standpoint Research upgraded the shares of MCK in report on Tuesday, July 10 to “Buy” rating. Bank of America maintained the shares of MCK in report on Wednesday, April 11 with “Buy” rating.

McKesson Corporation (NYSE:MCK) Institutional Positions Chart

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