As Intergroup (INTG) Shares Declined, Van Den Berg Management I Has Lowered Holding; Benjamin F Edwards & Company Maintains Holding in Mccormick & Co (MKC)

April 17, 2018 - By Migdalia James

McCormick & Company, Incorporated (NYSE:MKC) Logo

Benjamin F Edwards & Company Inc increased its stake in Mccormick & Co Inc (MKC) by 10857.41% based on its latest 2017Q4 regulatory filing with the SEC. Benjamin F Edwards & Company Inc bought 11,726 shares as the company’s stock rose 5.33% while stock markets declined. The institutional investor held 11,834 shares of the consumer non-durables company at the end of 2017Q4, valued at $1.21 million, up from 108 at the end of the previous reported quarter. Benjamin F Edwards & Company Inc who had been investing in Mccormick & Co Inc for a number of months, seems to be bullish on the $14.07B market cap company. The stock increased 1.38% or $1.46 during the last trading session, reaching $107.26. About 609,224 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.91% since April 17, 2017 and is uptrending. It has underperformed by 5.64% the S&P500.

Van Den Berg Management I Inc decreased its stake in Intergroup Corp (INTG) by 54.88% based on its latest 2017Q4 regulatory filing with the SEC. Van Den Berg Management I Inc sold 82,574 shares as the company’s stock declined 0.81% with the market. The institutional investor held 67,883 shares of the building operators company at the end of 2017Q4, valued at $1.62 million, down from 150,457 at the end of the previous reported quarter. Van Den Berg Management I Inc who had been investing in Intergroup Corp for a number of months, seems to be less bullish one the $54.76 million market cap company. The stock decreased 3.12% or $0.75 during the last trading session, reaching $23.25. About 1,350 shares traded. The InterGroup Corporation (NASDAQ:INTG) has declined 4.33% since April 17, 2017 and is downtrending. It has underperformed by 15.88% the S&P500.

Investors sentiment decreased to 1.16 in 2017 Q4. Its down 0.47, from 1.63 in 2017Q3. It is negative, as 45 investors sold MKC shares while 189 reduced holdings. 64 funds opened positions while 207 raised stakes. 100.61 million shares or 3.03% more from 97.65 million shares in 2017Q3 were reported. Fdx Advsr owns 7,957 shares for 0.02% of their portfolio. Moreover, State Street Corp has 0.06% invested in McCormick & Company, Incorporated (NYSE:MKC) for 7.25 million shares. Carnegie Capital Asset Mgmt Llc invested in 61,879 shares. Fiera Capital stated it has 2,754 shares or 0% of all its holdings. Quantitative Invest Mgmt Limited Liability Company owns 6,600 shares or 0.01% of their US portfolio. Bryn Mawr Tru reported 73,289 shares or 0.41% of all its holdings. Susquehanna Intl Gru Llp reported 8,739 shares. Visionary Asset Mngmt Incorporated owns 2,296 shares for 0.07% of their portfolio. Portland Glob Limited Liability Corporation has 0.36% invested in McCormick & Company, Incorporated (NYSE:MKC). Franklin Inc has 2.65 million shares for 0.13% of their portfolio. Ent Financial Service invested in 247 shares or 0.01% of the stock. 91,271 were accumulated by Public Employees Retirement Association Of Colorado. Moreover, Winch Advisory Svcs Limited Liability has 0.03% invested in McCormick & Company, Incorporated (NYSE:MKC). Fjarde Ap reported 15,012 shares stake. Liberty Mutual Asset Mgmt reported 4,739 shares or 0.01% of all its holdings.

Among 13 analysts covering McCormick & Company (NYSE:MKC), 4 have Buy rating, 1 Sell and 8 Hold. Therefore 31% are positive. McCormick & Company had 45 analyst reports since August 20, 2015 according to SRatingsIntel. Deutsche Bank upgraded McCormick & Company, Incorporated (NYSE:MKC) on Thursday, January 7 to “Buy” rating. The rating was maintained by Jefferies on Tuesday, October 3 with “Buy”. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Buy” rating by Zacks on Thursday, August 20. The rating was maintained by Jefferies with “Hold” on Wednesday, October 12. The firm has “Buy” rating given on Friday, June 30 by Credit Suisse. Credit Suisse maintained the stock with “Outperform” rating in Monday, September 18 report. Deutsche Bank maintained McCormick & Company, Incorporated (NYSE:MKC) on Friday, July 1 with “Buy” rating. The firm has “Sell” rating by Citigroup given on Wednesday, March 30. The firm has “Outperform” rating given on Wednesday, March 28 by Credit Suisse. The firm has “Neutral” rating given on Wednesday, April 5 by JP Morgan.

Benjamin F Edwards & Company Inc, which manages about $3.12 billion and $957.91M US Long portfolio, decreased its stake in First Tr S&P Reit Index Fd (FRI) by 38,162 shares to 22,542 shares, valued at $525,000 in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (IEV) by 8,827 shares in the quarter, leaving it with 1,910 shares, and cut its stake in Ishares Tr (IWN).

Since October 30, 2017, it had 0 buys, and 3 selling transactions for $1.45 million activity. On Monday, January 29 the insider LITTLE PATRICIA A sold $678,962. Smith Michael R also sold $278,002 worth of McCormick & Company, Incorporated (NYSE:MKC) shares.

McCormick & Company, Incorporated (NYSE:MKC) Institutional Positions Chart

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