Acquires 10105 Shares of McKesson Corporation (MCK)

Marco Green
January 14, 2018

The First Republic Investment Management Inc holds 73,770 shares with $11.33M value, up from 69,587 last quarter. Verizon Communications Inc now has $212.48 billion valuation. The stock decreased 1.34% or $0.46 during the last trading session, reaching $33.83. About 2.80 million shares traded. 8,500 were accumulated by Community Bancshares Na. It has underperformed by 11.95% the S&P500. About 2.02 million shares traded. WFG Advisors LP now owns 859 shares of the company's stock valued at $141,000 after acquiring an additional 41 shares during the last quarter. The stock increased 0.98% or $1.58 during the last trading session, reaching $162.25. About 229,985 shares traded. McKesson Corporation (NYSE:MCK) has declined 15.45% since January 12, 2017 and is downtrending. It has underperformed by 32.15% the S&P500.

Analysts await Fate Therapeutics, Inc.

Among 28 analysts covering NXP Semiconductors NV (NASDAQ:NXPI), 8 have Buy rating, 1 Sell and 19 Hold. Therefore 52% are positive. Verizon Communications Inc. had 63 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets has "Outperform" rating and $190.0 target. The rating was upgraded by Guggenheim on Monday, November 30 to "Buy". SunTrust maintained Verizon Communications Inc. The rating was upgraded by Kepler Cheuvreux to "Hold" on Wednesday, January 27. RBC Capital Markets maintained the stock with "Outperform" rating in Tuesday, January 12 report. The stock of Forum Energy Technologies, Inc. Zacks upgraded the stock to "Hold" rating in Wednesday, August 26 report. On Friday, October 6 the stock rating was maintained by Jefferies with "Hold". The firm earned "Outperform" rating on Tuesday, January 12 by FBR Capital. (NYSE:VZ) earned "Neutral" rating by Hilliard Lyons on Wednesday, July 27.

Since August 28, 2017, it had 0 buys, and 3 insider sales for $89,365 activity. 2,505 shares were sold by Taylor Janet Therese, worth $64,253.

Investors sentiment decreased to 0.96 in 2017 Q3. It also increased its holding in Shire Plc (NASDAQ:SHPG) by 36,688 shares in the quarter, for a total of 154,624 shares, and has risen its stake in Carriage Svcs Inc (Prn). Pub Sector Pension Board owns 66,281 shares or 0.04% of their United States portfolio. Vanguard stated it has 0% of its portfolio in Fate Therapeutics, Inc. 321.42 million shares or 4.04% more from 308.94 million shares in 2017Q2 were reported. Leavell Management invested 0.45% in Verizon Communications Inc. (NYSE:FET) for 24,800 shares. Rhumbline Advisers owns 0% invested in Forum Energy Technologies, Inc. Heritage Corp reported 388,283 shares or 1.24% of all its holdings. Polygon Management Ltd who had been investing in Monsanto Co New for a number of months, seems to be less bullish one the $52.76 billion market cap company. Plancorp Ltd Liability holds 0.35% in Verizon Communications Inc. (NYSE:FET) for 66,469 shares. Mitsubishi Ufj Tru Bk Corp holds 0.12% or 433,531 shares in its portfolio. Factory Mutual Com holds 347,600 shares or 0.59% of its portfolio. It fall, as 21 investors sold FET shares while 29 reduced holdings. Its down 0.07, from 0.95 in 2017Q2. It dived, as 65 investors sold MCK shares while 296 reduced holdings.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. 180.04 million shares or 2.23% more from 176.11 million shares in 2017Q2 were reported. Hugh Johnson Advsr Ltd Liability Corp invested 0.46% in McKesson Corporation (NYSE:MCK). Creative Planning holds 0.01% or 18,017 shares in its portfolio. Argent Trust Commerce invested 0.23% in McKesson Corporation (NYSE:MCK). Hancock reported 0.08% stake. Ls Inv Advsrs Ltd Liability holds 0.01% or 7,824 shares in its portfolio. First Natl Bank owns 0.04% invested in McKesson Corporation (NYSE:MCK) for 1,503 shares.

TRADEMARK VIOLATION WARNING: "Donald L. Hagan LLC Invests $782,000 in McKesson Co". Barclays Public Limited invested in 0% or 2,683 shares. Company insiders own 1.20% of the company's stock. State Of Alaska Department Of Revenue holds 3,670 shares or 0.03% of its portfolio. 14,253 are owned by Verition Fund Llc.

Meanwhile, during the same quarter McKesson Corporation (MCK) delivered a 17.28% earnings surprise.

Among 22 analysts covering McKesson Corporation (NYSE:MCK), 11 have Buy rating, 1 Sell and 10 Hold.

Ratings analysis reveals 50% of McKesson Corporation's analysts are positive. Finally, J P Morgan Chase & Co lowered McKesson Corporation from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $171.00 to $169.00 in a research report on Thursday, January 5th. The rating was maintained by Bank of America with "Neutral" on Tuesday, June 7. S&P Research maintained the shares of MCK in report on Friday, July 31 with "Buy" rating. The firm earned "Sector Weight" rating on Wednesday, October 12 by Pacific Crest. The company was maintained on Thursday, November 9 by Credit Suisse. Ironwood Investment Counsel LLC now owns 18,628 shares of the company's stock worth $3,065,000 after purchasing an additional 60 shares during the period. Leerink Swann cut McKesson Corporation from an "outperform" rating to a "market perform" rating in a research note on Friday, October 28th. Finally, Royal Bank of Canada reissued a hold rating and issued a $170.00 price objective on shares of McKesson in a report on Friday, October 27th. Mizuho has "Hold" rating and $16800 target. The rating was maintained by JP Morgan on Tuesday, August 9 with "Overweight".

Since August 21, 2017, it had 0 buys, and 6 sales for $121.83 million activity. HAMMERGREN JOHN H had sold 300,000 shares worth $46.43 million on Monday, September 25.

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