Mccormick & Co Non (MKC) Shareholder Bath Savings Trust Co Lifted Holding by $370,770 as Stock Rose; Southern Co (SO) Shareholder Investment Centers Of America Has Decreased Stake by $335,405 as Share Price Rose

January 16, 2018 - By Vivian Currie

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. Bath Savings Trust Co bought 3,635 shares as the company’s stock rose 3.48% with the market. 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. Bath Savings Trust Co who had been investing in Mccormick & Co Inc Non for a number of months, seems to be bullish on the $13.24B market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $101.01. About 572,724 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.12% since January 16, 2017 and is uptrending. It has underperformed by 11.58% the S&P500.

Investment Centers Of America Inc decreased its stake in Southern Co (SO) by 9.87% based on its latest 2017Q3 regulatory filing with the SEC. Investment Centers Of America Inc sold 6,845 shares as the company’s stock rose 4.35% with the market. The institutional investor held 62,532 shares of the central company at the end of 2017Q3, valued at $3.07M, down from 69,377 at the end of the previous reported quarter. Investment Centers Of America Inc who had been investing in Southern Co for a number of months, seems to be less bullish one the $45.00B market cap company. The stock decreased 0.91% or $0.41 during the last trading session, reaching $44.84. About 8.59M shares traded or 73.25% up from the average. The Southern Company (NYSE:SO) has risen 2.49% since January 16, 2017 and is uptrending. It has underperformed by 14.21% the S&P500.

Among 12 analysts covering McCormick & Company (NYSE:MKC), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. McCormick & Company had 38 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, August 20 by Zacks. Jefferies maintained it with “Buy” rating and $110.0 target in Tuesday, October 3 report. Bernstein maintained the shares of MKC in report on Wednesday, March 30 with “Outperform” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, July 1. The firm has “Buy” rating by Deutsche Bank given on Thursday, January 7. The stock of McCormick & Company, Incorporated (NYSE:MKC) earned “Sell” rating by Citigroup on Wednesday, March 30. The firm earned “Buy” rating on Friday, June 30 by Credit Suisse. The company was downgraded on Friday, September 16 by Bernstein. Credit Suisse maintained McCormick & Company, Incorporated (NYSE:MKC) on Friday, September 29 with “Outperform” rating. On Wednesday, April 5 the stock rating was upgraded by JP Morgan to “Neutral”.

Since September 29, 2017, it had 0 insider purchases, and 3 sales for $1.36 million activity. The insider Smith Michael R sold $564,325. The insider MANGAN MICHAEL D sold $497,500.

Bath Savings Trust Co, which manages about $374.21 million US Long portfolio, decreased its stake in Mastercard Incorporated (NYSE:MA) by 5,308 shares to 146,045 shares, valued at $20.62M in 2017Q3, according to the filing.

Investors sentiment increased to 1.63 in 2017 Q3. Its up 0.77, from 0.86 in 2017Q2. It is positive, as 44 investors sold MKC shares while 151 reduced holdings. 87 funds opened positions while 230 raised stakes. 97.65 million shares or 9.97% more from 88.80 million shares in 2017Q2 were reported. Clean Yield Gru invested in 2% or 47,717 shares. Park Circle invested in 44,500 shares or 2.62% of the stock. Nuveen Asset Mgmt Lc stated it has 2,710 shares or 0% of all its holdings. Cape Cod Five Cents Bancshares invested in 18,166 shares or 0.29% of the stock. Neuberger Berman Group Limited Co reported 0% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC). Pennsylvania Trust Com holds 0.01% in McCormick & Company, Incorporated (NYSE:MKC) or 2,900 shares. 33,655 are held by Gardner Russo & Gardner Llc. Alabama-based Andra Ap has invested 0.34% in McCormick & Company, Incorporated (NYSE:MKC). Whittier Tru has invested 0.01% in McCormick & Company, Incorporated (NYSE:MKC). The New York-based Ingalls & Snyder Ltd Limited Liability Company has invested 0.03% in McCormick & Company, Incorporated (NYSE:MKC). Interocean Capital Ltd Limited Liability Company accumulated 2,490 shares. Moreover, Ubs Asset Mgmt Americas has 0.05% invested in McCormick & Company, Incorporated (NYSE:MKC) for 547,561 shares. Bnp Paribas Arbitrage Sa reported 0.04% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC). Bankshares Of America De invested 0.03% in McCormick & Company, Incorporated (NYSE:MKC). South State invested in 0.03% or 2,300 shares.

Analysts await The Southern Company (NYSE:SO) to report earnings on February, 28. They expect $0.47 earnings per share, up 95.83% or $0.23 from last year’s $0.24 per share. SO’s profit will be $471.71M for 23.85 P/E if the $0.47 EPS becomes a reality. After $1.12 actual earnings per share reported by The Southern Company for the previous quarter, Wall Street now forecasts -58.04% negative EPS growth.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.16, from 1.16 in 2017Q2. It fall, as 51 investors sold SO shares while 353 reduced holdings. 76 funds opened positions while 330 raised stakes. 525.28 million shares or 0.91% more from 520.53 million shares in 2017Q2 were reported. Carnegie Asset Ltd Liability invested in 50,765 shares. Cullen Frost Bankers reported 0.06% of its portfolio in The Southern Company (NYSE:SO). Affinity Wealth Mngmt reported 4,679 shares stake. 3,383 were accumulated by Central Bankshares And Tru. State Of New Jersey Common Pension Fund D holds 0.28% or 1.42M shares. Alliancebernstein Lp reported 1.58M shares. Cambridge Trust, Massachusetts-based fund reported 9,564 shares. Cipher Capital L P, New York-based fund reported 64,938 shares. Magellan Asset Mngmt Limited, a Australia-based fund reported 407,735 shares. Ariel Investments Ltd holds 0.49% of its portfolio in The Southern Company (NYSE:SO) for 862,246 shares. Oakbrook Invs Limited Com reported 0.13% in The Southern Company (NYSE:SO). Sather Financial Group has invested 0.12% of its portfolio in The Southern Company (NYSE:SO). Woodstock stated it has 0.24% of its portfolio in The Southern Company (NYSE:SO). Holderness Company owns 0.4% invested in The Southern Company (NYSE:SO) for 15,798 shares. Acadian Asset Ltd Liability Co accumulated 16,928 shares or 0% of the stock.

Among 19 analysts covering The Southern Company (NYSE:SO), 6 have Buy rating, 6 Sell and 7 Hold. Therefore 32% are positive. The Southern Company had 56 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Barclays Capital on Thursday, July 14. The stock of The Southern Company (NYSE:SO) earned “Hold” rating by SunTrust on Wednesday, December 6. Zacks upgraded the shares of SO in report on Sunday, August 16 to “Hold” rating. Scotia Capital initiated the stock with “Sector Perform” rating in Friday, May 13 report. The rating was maintained by RBC Capital Markets on Wednesday, June 28 with “Hold”. Bank of America maintained the stock with “Underperform” rating in Tuesday, October 24 report. The stock of The Southern Company (NYSE:SO) earned “Buy” rating by Jefferies on Friday, March 3. Mizuho maintained the stock with “Buy” rating in Tuesday, October 17 report. Jefferies maintained the shares of SO in report on Tuesday, June 6 with “Buy” rating. RBC Capital Markets maintained the shares of SO in report on Sunday, September 3 with “Hold” rating.

Investment Centers Of America Inc, which manages about $2.09 billion and $1.36 billion US Long portfolio, upped its stake in Vanguard Specialized Portfol (VIG) by 9,211 shares to 122,404 shares, valued at $11.61M in 2017Q3, according to the filing. It also increased its holding in Vanguard Index Fds (VOE) by 3,665 shares in the quarter, for a total of 26,020 shares, and has risen its stake in First Tr Exchange (FPE).

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