McCormick & Company, Incorporated (NYSE:MKC) Stake Increased by Trust Co. of Oklahoma

Paterniano Del Favero
Agosto 10, 2017

Moreover, Bradley Foster Sargent Incorporated Ct has 0.68% invested in McCormick & Company, Incorporated (NYSE:MKC) for 172,546 shares. Four analysts have made estimates for McCormick & Company, 's earnings. The lowest target is $74 while the high is $113. McCormick & Company had 29 analyst reports since August 20, 2015 according to SRatingsIntel. Delta Asset Mngmt Limited Liability Tn holds 0.02% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC) for 1,300 shares.

McCormick & Company, (NYSE:MKC) last announced its quarterly earnings results on Thursday, June 29th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.76 by $0.06. McCormick & Company, had a return on equity of 28.28% and a net margin of 10.69%. Raymond James Trust N.A. now owns 4,527 shares of the company's stock valued at $442,000 after buying an additional 16 shares during the last quarter. The stock, as of recent close, has shown weekly downbeat performance of -2.35% which was maintained at -2.06% in 1-month period, and is down -0.340% in this year.

A number of brokerages have recently issued reports on MKC. Bank of America initiated McCormick & Company, Incorporated (NYSE:MKC) on Tuesday, December 6 with "Buy" rating. (The) started coverage on McCormick & Company, in a report on Friday, June 16th.

Reik & Co. Llc holds 9.05% of its portfolio in McCormick & Company, Incorporated for 281,319 shares. Credit Suisse Group set a $108.00 price objective on McCormick & Company, and gave the stock a "buy" rating in a research note on Saturday, July 1st. SELL rating has been given by 0 analyst (s) and 0 analyst (s) given BUY rating to the stock. The stock has an average rating of "Hold" and an average target price of $104.00. Montiel Maritza Gomez had bought 2,500 shares worth $249,050 on Wednesday, May 3. The institutional investors in our partner's database reported: 89.01 million shares, down from 89.41 million shares in 2016Q3. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The Ohio-based Parkwood Limited Liability Company has invested 0.04% in McCormick & Company, Incorporated (NYSE:MKC).

A number of hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. now owns 118,677 shares of the company's stock valued at $11,573,000 after buying an additional 54,140 shares during the last quarter. Bronfman E.L. Rothschild L.P. boosted its position in shares of McCormick & Company, by 23.9% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 2,904 shares of the company's stock worth $283,000 after buying an additional 560 shares during the last quarter. Trust Co boosted its stake in shares of McCormick & Company, by 0.3% in the fourth quarter. HM Capital Management LLC now owns 3,686 shares of the company's stock valued at $359,000 after buying an additional 17 shares during the last quarter. PA boosted its stake in McCormick & Company, by 4.3% in the second quarter. Shell Asset Management Co. now owns 155,210 shares of the company's stock valued at $15,141,000 after buying an additional 8,764 shares in the last quarter.

TRADEMARK VIOLATION WARNING: This piece of content was first published by Transcript Daily and is owned by of Transcript Daily. The original version of this piece of content can be viewed at https://transcriptdaily.com/2017/08/08/trust-co-of-oklahoma-has-1-68-million-position-in-mccormick-company-incorporated-nysemkc-updated-updated-updated.html. Lpl Ltd Limited Liability Company holds 0.01% in McCormick & Company, Incorporated (NYSE:MKC) or 12,451 shares. Stocks with higher EPS growth rates are generally more preferred by investors than those with slower earnings-per-share growth rates, though in general high growth rates have a propensity to revert over the longer term to more even growth rates. The stock has a market cap of $11.80 billion, a P/E ratio of 25.14 and a beta of 0.52. The company has a 50 day moving average price of $97.65 and a 200-day moving average price of $99.00.

More notable recent McCormick & Company, Incorporated (NYSE:MKC) news were published by: Seekingalpha.com which released: "McCormick - "Winner" Of Reckitt Benckiser's Food Business Auction" on July 20, 2017, also Streetinsider.com with their article: "McCormick & Co".

Investors sentiment decreased to 0.93 in 2016 Q4. RBC Capital Markets maintained the stock with "Hold" rating in Thursday, July 13 report.

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