Through this figure traders can analyze that CLS show whether or not a stock now most active and standing in buying side or sell side. Sumitomo Mitsui Asset Management Company LTD's holdings in McCormick & Company, Incorporated were worth $4,980,000 at the end of the most recent quarter.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. United Kingdom-based Baring Asset Mngmt Limited has invested 0.1% in McCormick & Company, Incorporated (NYSE:MKC). Rowland & Co. Investment Counsel ADV now owns 3,148 shares of the company's stock worth $308,000 after buying an additional 11 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH purchased a new position in McCormick & Company, Incorporated during the fourth quarter worth about $5,344,000. Toronto Dominion Bank now owns 39,362 shares of the company's stock valued at $3,838,000 after purchasing an additional 7,684 shares in the last quarter.
Bath Savings Trust Co increased its stake in Mccormick & Co Inc Non (MKC) by 4.26% based on its latest 2017Q3 regulatory filing with the SEC. McCormick & Company, Incorporated's payout ratio is now 56.06%. Bath Savings Trust Co who had been investing in Mccormick & Co Inc Non for a number of months, seems to be bullish on the $13.99 billion market cap company.
McCormick & Company, Incorporated (NYSE:MKC) opened at $107.45 on Friday. Bank & Trust Of Nova Scotia has 0% invested in McCormick & Company, Incorporated (NYSE:MKC). The company has a market cap of $14,070.00, a P/E ratio of 28.96, a PEG ratio of 2.39 and a beta of 0.53.
McCormick & Company, (NYSE:MKC) last posted its quarterly earnings data on Thursday, June 29th. The institutional investor held 89,004 shares of the consumer non-durables company at the end of 2017Q3, valued at $9.14 million, up from 85,369 at the end of the previous reported quarter. The company's net profit margin has achieved the current level of 10 percent and possesses 41.2 percent gross margin. The business had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $1.48 billion. The business's revenue was up 21.5% compared to the same quarter last year. equities research analysts forecast that McCormick & Company, Incorporated will post 4.85 EPS for the current year. Investors of record on Friday, December 29th were paid a dividend of $0.52 per share. The ex-dividend date was Thursday, December 28th. McCormick & Company, 's dividend payout ratio (DPR) is presently 49.87%. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.99%. McCormick & Company, Incorporated's dividend payout ratio is now 56.06%.
Other research analysts have also issued research reports about the company.
McCormick & Company, Incorporated (NYSE:MKC) tinted gains of +5% (+5 points) to US$105.09. Credit Suisse Group set a $115.00 price target on McCormick & Company, Incorporated and gave the company a buy rating in a research report on Tuesday, December 12th. Jefferies Group reiterated a "buy" rating and set a $120.00 price objective on shares of McCormick & Company, Incorporated in a report on Thursday.
The stock of McCormick & Company, Incorporated (NYSE:MKC) hit a new 52-week high and has $114.97 target or 7.00 % above today's $107.45 share price. Citigroup lifted their price objective on shares of McCormick & Company, Incorporated from $100.00 to $108.00 and gave the company a "neutral" rating in a report on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. McCormick & Company, Incorporated now has a consensus rating of Hold and a consensus price target of $107.56.
In related news, Director Maritza Gomez Montiel sold 2,500 shares of the stock in a transaction on Wednesday, November 8th. WILKE JEFFREY A sold $3.25M worth of stock or 2,800 shares. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. MANGAN MICHAEL D sold $497,500 worth of McCormick & Company, Incorporated (NYSE:MKC) on Monday, October 30. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of 0.86% from last close price of 16.73 and act as support or resistance of price limit. Following the completion of the transaction, the director now directly owns 18,825 shares in the company, valued at $1,873,087.50. The disclosure for this sale can be found here. The stock of State Street Corporation (NYSE:STT) has "Hold" rating given on Tuesday, April 11 by Jefferies.
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McCormick & Company, Incorporated is engaged in manufacturing, marketing and distributing spices, seasoning mixes, condiments and other flavorful products to the food industry, including retailers, food manufacturers and foodservice businesses. The Company is involved in the manufacturing and sales of flavorful products.