Today McKesson (NYSE:MCK) Has Been Upgraded by Needham to a “Buy”

The stock rose 0.40% or $0.43 reaching $108.53. About 5 shares traded. Union Pacific Corporation (NYSE:UNP) has risen 31.45% since September 12, 2016 and is uptrending.

SVA Plumb Wealth Management LLC raised its holdings in McKesson Corporation (NYSE:MCK) by 6.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. Fort Lp acquired 5,367 shares as Mckesson Corp (MCK)’s stock rose 1.84%. The institutional investor held 20,743 shares of the consumer services company at the end of 2016Q4, valued at $1.54M, up from 15,322 at the end of the previous reported quarter. The Firm holds working interests in over 2,630 gross producing wells, including over 2,630 wells targeting the Bakken and Three Forks formations and over two wells targeting other formations. Bridgeway Inc has 25,000 shares. Barclays PLC set a $187.00 price target on shares of McKesson Corporation and gave the company a “buy” rating in a research report on Sunday, June 4th. It has underperformed by 32.15% the S&P500.

Investors sentiment decreased to 0.95 in Q4 2016. Its up 0.11, from 1 in 2016Q3. It worsened, as 140 investors sold MCK shares while 331 reduced holdings. The company has 211 Million shares outstanding and 209.8 Million shares were floated in market. (NYSE:R). Moreover, Dekabank Deutsche Girozentrale has 0% invested in Ryder System, Inc. (NYSE:R). Wellington Limited Liability Partnership holds 0.01% or 284,211 shares in its portfolio.

More notable recent McKesson Corporation (NYSE:MCK) news were published by: Businesswire.com which released: “Hurricane Irma: McKesson Prepares to Support Healthcare Providers, Pharmacies …” on September 09, 2017, also Seekingalpha.com with their article: “McKesson Ventures Leads $25 Million Financing Round For Truveris” published on September 08, 2017, Seekingalpha.com published: “McKesson Heavily Oversold At $147” on August 24, 2017. First Tru LP reported 0.01% in McKesson Corporation (NYSE:MCK). Henderson Gru Public Ltd reported 0.14% stake. The company’s 50-day moving average price is $144.15 and its 200 day moving average price is $165.26. McKesson Corporation’s dividend payout ratio is 6.07%. Dimensional Fund Advsr L P, a Texas-based fund reported 610,151 shares. Arizona State Retirement reported 13,261 shares stake.

If we look at the Volatility of McKesson Corporation (MCK), Week Volatility is 2.26%, whereas Month Volatility is at 1.57%. $15.12M worth of McKesson Corporation (NYSE:MCK) shares were sold by HAMMERGREN JOHN H.

McKesson Corporation (MCK) has an Analysts’ Mean Recommendation of 2.9. Therefore 56% are positive. Finally, Zacks Investment Research upgraded McKesson Corporation from a “hold” rating to a “buy” rating and set a $184.00 price objective on the stock in a research report on Wednesday, July 12th. The company was maintained on Tuesday, August 9 by JP Morgan. UBS AG raised their target price on McKesson Corporation from $145.00 to $156.00 and gave the stock a “neutral” rating in a research note on Friday, May 19th. Mizuho maintained the shares of MCK in report on Monday, September 21 with “Buy” rating. The company has a market capitalization of $33.48 billion, a price-to-earnings ratio of 7.22 and a beta of 1.16. The firm has “Hold” rating by Jefferies given on Tuesday, August 29. On Friday, September 30 the stock rating was initiated by CLSA with “Buy”. The firm has “Outperform” rating by FBR Capital given on Tuesday, October 13.

Since March 28, 2017, it had 0 buys, and 5 selling transactions for $24.77 million activity. Another trade for 404 shares valued at $64,854 was made by Lampert Erin M on Saturday, May 27.

Pettyjohn Wood & White Inc increased Ishares Tr S&P Midcap 400 (IJH) stake by 5,293 shares to 32,439 valued at $5.36M in 2016Q4. Meredith Corp (NYSE:MDP) was reduced too.

The stock increased 0.39% or $0.19 on September 8, reaching $47.8. Its up 0.10, from 0.82 in 2016Q3. Fred Alger Mgmt Inc accumulated 27 shares. Livforsakringsbolaget Skandia Omsesidigt owns 18,443 shares or 0.13% of their U.S. portfolio. The Firm acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are primarily held for investment. Orrstown Financial Services Inc. now owns 758 shares of the company’s stock valued at $124,000 after purchasing an additional 43 shares during the last quarter. Wintergreen Advisers Ltd Llc stated it has 6.04% of its portfolio in Union Pacific Corporation (NYSE:UNP). National Bank Of The West stated it has 17,764 shares or 0.18% of all its holdings. Thomas Story Son Lc, Illinois-based fund reported 2,925 shares. The count of Hold ratings in that period was 0. Tpg holds 68,181 shares or 5.75% of its portfolio. About 1.94 million shares traded or 19.02% up from the average. Selway Asset Management stated it has 44,275 shares. Silver Capital Mgmt Ltd Limited Liability Company reported 2.33% stake. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the company. Therefore 75% are positive. (NYSE:R) earned “Neutral” rating by Seaport Global on Friday, April 21. The firm has “Neutral” rating by Mizuho given on Tuesday, January 3. The rating was maintained by Cowen & Co on Thursday, October 22 with “Outperform”. The company was initiated on Wednesday, December 9 by Mizuho.

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