Are Analysts Bullish about McKesson Corporation (NYSE:MCK) after last week?

Author

24 June, 2017

Evercore Wealth Management Llc who had been investing in Mckesson Corp for a number of months, seems to be less bullish one the $35.69 billion market cap company. 3,922,185 shares of the company traded hands.

McKesson Corporation (NYSE:MCK) last released its quarterly earnings data on Thursday, May 18th. It has underperformed by 32.15% the S&P500. Neumann Capital Management LLC increased its stake in shares of McKesson Corporation by 20.6% in the first quarter. Tiger Eye Capital Llc acquired 8,628 shares as Rsp Permian Inc (RSPP)'s stock declined 5.27%. Fifth Third Bank holds 0.3% or 219,101 shares in its portfolio. Mck now has $34.27B valuation. Old National Bancshares In reported 1,584 shares or 0.01% of all its holdings. About 921,604 shares traded. It has outperformed by 78.88% the S&P500. Equities research analysts predict that McKesson Corporation will post $12.14 earnings per share for the current fiscal year. Therefore 38% are positive.

COPYRIGHT VIOLATION NOTICE: "McKesson Corporation (MCK) Upgraded to Overweight at J P Morgan Chase & Co" was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. Following the completion of the sale, the senior vice president now owns 2,003 shares of the company's stock, valued at $321,541.59. Goldman Sachs downgraded McKesson Corporation (NYSE:MCK) rating on Friday, September 16. Below is a list of McKesson Corporation (NYSE:MCK) latest ratings and price target changes. Zacks Investment Research upgraded McKesson Corporation from a "sell" rating to a "hold" rating in a report on Tuesday, May 23rd. The firm has "Buy" rating given on Tuesday, January 3 by Citigroup. Vetr cut shares of McKesson Corporation from a "strong-buy" rating to a "buy" rating and set a $157.86 price target on the stock.in a report on Tuesday, April 11th. HAMMERGREN JOHN H also sold $6.32 million worth of McKesson Corporation (NYSE:MCK) on Wednesday, May 31. Capstone Asset Mgmt has invested 0.11% in McKesson Corporation (NYSE:MCK). Rydex Etf Trust (RYF) was raised too.

Since March 1, 2017, it had 0 buys, and 6 selling transactions for $39.90 million activity. Shares for $129,974 were sold by Lampert Erin M on Wednesday, May 31. McKesson Corporation (NYSE:MCK) has declined 15.45% since June 22, 2016 and is downtrending. Ledyard Comml Bank has invested 0.56% of its portfolio in McKesson Corporation (NYSE:MCK). This represents a $1.12 annualized dividend and a yield of 0.67%. It worsened, as 140 investors sold McKesson Corporation shares while 331 reduced holdings. Tdam USA Inc. raised its stake in McKesson Corporation by 0.7% in the first quarter. 178.60 million shares or 5.89% less from 189.78 million shares in 2016Q3 were reported.

Investors sentiment increased to 1.05 in 2016 Q4. Synovus Fincl Corp holds 0% of its portfolio in McKesson Corporation (NYSE:MCK) for 1,312 shares. Provise Mgmt Grp Ltd Limited Liability Company owns 2,720 shares for 0.06% of their portfolio.

Cape Ann Commercial Bank holds 1,466 shares or 0.29% of its portfolio. Commonwealth Of Pennsylvania Pub School Empls Retrmt reported 12,960 shares or 0.03% of all its holdings. Hermes Mngmt Ltd reported 375,399 shares. Financial Architects Inc stated it has 0.01% in McKesson Corporation (NYSE:MCK). Grimes Incorporated owns 0.31% invested in McKesson Corporation (NYSE:MCK) for 18,881 shares. MARSHALL TODD had sold 29,535 shares worth $1.51M on Monday, February 13. The company has market cap of $75.85 million. Guernsey-based Airain Ltd has invested 0.4% in McKesson Corporation (NYSE:MCK). After having $0.41 EPS previously, First Busey Corporation's analysts see 2.44% EPS growth. Therefore 17% are positive. RSP Permian had 77 analyst reports since July 21, 2015 according to SRatingsIntel. SRB Corp now owns 814 shares of the company's stock valued at $136,000 after buying an additional 27 shares in the last quarter. The stock has "Neutral" rating by Goldman Sachs on Friday, September 16.

Cullen Capital Management Llc decreased Muenchener Ruechversicherungs (MURGF) stake by 2,700 shares to 15,840 valued at $3.00 million in 2016Q4.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 3rd. The firm has "Overweight" rating given on Monday, December 5 by Morgan Stanley. SunTrust maintained Healthequity Inc (NASDAQ:HQY) rating on Wednesday, June 8. The firm has "Outperform" rating by FBR Capital given on Wednesday, October 21. On Friday, October 9 the stock rating was initiated by Iberia Capital Partners with "Outperform". Mizuho maintained the shares of MCK in report on Thursday, August 11 with "Neutral" rating.

Tiger Eye Capital Llc decreased Facebook Inc (NASDAQ:FB) stake by 159,374 shares to 96,481 valued at $11.10M in 2016Q4. Also, Chairman John H. Hammergren sold 19,316 shares of the firm's stock in a transaction on Tuesday, May 30th. 38,191 were reported by Culbertson A N Inc. Corporate insiders own 1.15% of the company's stock. Gurnani Roger sold $543,385 worth of stock. 659,409 shares of the stock were exchanged. KAYNE RICHARD A sold $668.96M worth of stock.


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