Guardian Capital Advisors LP Stake in Mitsubishi Ufj Finl Group In (MTU) Has Increased as Valuation Declined; Jlb & Associates Has Increased Its Position in Mc Cormick (MKC) as Stock Value Rose

April 17, 2018 - By Moses P. Lee

McCormick & Company, Incorporated (NYSE:MKC) Logo

Guardian Capital Advisors Lp increased its stake in Mitsubishi Ufj Finl Group In (MTU) by 14.28% based on its latest 2017Q4 regulatory filing with the SEC. Guardian Capital Advisors Lp bought 39,065 shares as the company’s stock declined 11.29% with the market. The institutional investor held 312,535 shares of the commercial banks company at the end of 2017Q4, valued at $2.50 million, up from 273,470 at the end of the previous reported quarter. Guardian Capital Advisors Lp who had been investing in Mitsubishi Ufj Finl Group In for a number of months, seems to be bullish on the $85.49 billion market cap company. The stock increased 0.30% or $0.02 during the last trading session, reaching $6.64. About 989,454 shares traded. Mitsubishi UFJ Financial Group, Inc. (NYSE:MTU) has risen 2.48% since April 17, 2017 and is uptrending. It has underperformed by 9.07% the S&P500.

Jlb & Associates Inc increased its stake in Mc Cormick (MKC) by 8.82% based on its latest 2017Q4 regulatory filing with the SEC. Jlb & Associates Inc bought 11,510 shares as the company’s stock rose 5.33% while stock markets declined. The institutional investor held 141,985 shares of the consumer non-durables company at the end of 2017Q4, valued at $14.47M, up from 130,475 at the end of the previous reported quarter. Jlb & Associates Inc who had been investing in Mc Cormick for a number of months, seems to be bullish on the $14.23 billion market cap company. The stock increased 1.16% or $1.24 during the last trading session, reaching $108.5. About 209,682 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.

Guardian Capital Advisors Lp, which manages about $1.66 billion and $763.93M US Long portfolio, decreased its stake in Crescent Pt Energy Corp (NYSE:CPG) by 34,105 shares to 157,979 shares, valued at $1.67 million in 2017Q4, according to the filing. It also reduced its holding in Glaxosmithkline Plc (NYSE:GSK) by 16,923 shares in the quarter, leaving it with 101,752 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).

Among 3 analysts covering Mitsubishi UFJ Financial Group (NYSE:MTU), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Mitsubishi UFJ Financial Group had 5 analyst reports since August 17, 2015 according to SRatingsIntel. On Wednesday, November 23 the stock rating was downgraded by Goldman Sachs to “Neutral”. The firm has “Sell” rating by Citigroup given on Thursday, February 4. The rating was upgraded by UBS to “Buy” on Thursday, February 25. Citigroup upgraded the stock to “Buy” rating in Tuesday, February 21 report. Zacks upgraded the shares of MTU in report on Monday, August 17 to “Hold” rating.

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. The firm earned “Outperform” rating on Wednesday, March 30 by Bernstein. The firm earned “Hold” rating on Wednesday, October 12 by Jefferies. The rating was upgraded by Edward Jones on Friday, April 7 to “Buy”. Citigroup maintained McCormick & Company, Incorporated (NYSE:MKC) rating on Friday, October 2. Citigroup has “Sell” rating and $74 target. As per Monday, October 2, the company rating was maintained by Citigroup. JP Morgan upgraded the stock to “Neutral” rating in Wednesday, April 5 report. The firm earned “Hold” rating on Thursday, January 25 by Stifel Nicolaus. The company was initiated on Wednesday, February 24 by UBS. The firm earned “Neutral” rating on Thursday, June 23 by Citigroup. Deutsche Bank upgraded McCormick & Company, Incorporated (NYSE:MKC) on Thursday, January 7 to “Buy” rating.

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

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By1 Moses P. Lee

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