Mckesson Corp. (MCK) Shareholder Aristotle Fund LP Boosted Its Position; As Chevron (CVX) Share Price Declined, Qv Investors Decreased by $3.95 Million Its Stake

February 19, 2018 - By Vivian Currie

Aristotle Fund Lp increased its stake in Mckesson Corp. (MCK) by 20.46% based on its latest 2017Q3 regulatory filing with the SEC. Aristotle Fund Lp bought 28,200 shares as the company’s stock rose 1.84% with the market. The hedge fund held 166,000 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $25.50 million, up from 137,800 at the end of the previous reported quarter. Aristotle Fund Lp who had been investing in Mckesson Corp. for a number of months, seems to be bullish on the $31.05 billion market cap company. The stock increased 1.21% or $1.8 during the last trading session, reaching $150.5. About 1.72 million shares traded. McKesson Corporation (NYSE:MCK) has declined 15.45% since February 19, 2017 and is downtrending. It has underperformed by 32.15% the S&P500.

Qv Investors Inc decreased its stake in Chevron Corp (CVX) by 11.81% based on its latest 2017Q3 regulatory filing with the SEC. Qv Investors Inc sold 33,798 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 252,367 shares of the integrated oil company at the end of 2017Q3, valued at $29.65 million, down from 286,165 at the end of the previous reported quarter. Qv Investors Inc who had been investing in Chevron Corp for a number of months, seems to be less bullish one the $213.00B market cap company. The stock decreased 0.35% or $0.39 during the last trading session, reaching $112.14. About 5.95M shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since February 19, 2017 and is uptrending. It has underperformed by 10.02% the S&P500.

Qv Investors Inc, which manages about $1.19B US Long portfolio, upped its stake in Now Inc (NYSE:DNOW) by 674,348 shares to 2.18 million shares, valued at $30.08 million in 2017Q3, according to the filing. It also increased its holding in Autozone Inc (NYSE:AZO) by 24,130 shares in the quarter, for a total of 83,040 shares, and has risen its stake in Winmark Corp (NASDAQ:WINA).

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.08, from 1.03 in 2017Q2. It dived, as 43 investors sold CVX shares while 696 reduced holdings. 121 funds opened positions while 584 raised stakes. 1.18 billion shares or 1.43% more from 1.16 billion shares in 2017Q2 were reported. Bb&T Secs Ltd Liability Corporation has invested 0.73% in Chevron Corporation (NYSE:CVX). Atlas Browninc holds 0.67% or 26,671 shares in its portfolio. Brookfield Asset Incorporated accumulated 50,050 shares. Palisades Hudson Asset LP holds 0.25% or 3,769 shares in its portfolio. Hartline Inv Corp holds 27,824 shares. Nordea has invested 0.08% in Chevron Corporation (NYSE:CVX). Cannell Peter B has invested 0.23% of its portfolio in Chevron Corporation (NYSE:CVX). Counselors Inc reported 0.93% of its portfolio in Chevron Corporation (NYSE:CVX). Scotia Capital holds 0.21% in Chevron Corporation (NYSE:CVX) or 127,962 shares. Sii Invs Wi reported 35,826 shares or 0.24% of all its holdings. Tcw Group stated it has 1.57M shares. Janney Montgomery Scott Limited Liability Corp has 0.69% invested in Chevron Corporation (NYSE:CVX) for 512,029 shares. Visionary Asset Mgmt Inc stated it has 0.84% in Chevron Corporation (NYSE:CVX). Charter Tru invested in 115,283 shares. Caxton Assocs Ltd Partnership has 3.67% invested in Chevron Corporation (NYSE:CVX) for 874,800 shares.

Since October 16, 2017, it had 0 insider purchases, and 1 insider sale for $3.06 million activity.

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 24 have Buy rating, 0 Sell and 10 Hold. Therefore 71% are positive. Chevron Corporation had 114 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Sell” rating and $105.0 target in Tuesday, November 7 report. Argus Research upgraded it to “Buy” rating and $100 target in Wednesday, December 16 report. The firm has “Buy” rating by Bank of America given on Wednesday, January 4. The firm earned “Buy” rating on Friday, July 28 by BMO Capital Markets. Raymond James downgraded the shares of CVX in report on Tuesday, March 22 to “Market Perform” rating. The firm has “Buy” rating given on Friday, September 22 by BMO Capital Markets. The stock of Chevron Corporation (NYSE:CVX) has “Neutral” rating given on Thursday, January 21 by Simmons & Co. The stock of Chevron Corporation (NYSE:CVX) earned “Neutral” rating by Bank of America on Monday, August 24. The rating was maintained by RBC Capital Markets on Tuesday, January 30 with “Sell”. Jefferies maintained Chevron Corporation (NYSE:CVX) on Friday, June 23 with “Buy” rating.

Among 22 analysts covering McKesson Corporation (NYSE:MCK), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. McKesson Corporation had 79 analyst reports since July 31, 2015 according to SRatingsIntel. Bank of America maintained McKesson Corporation (NYSE:MCK) on Tuesday, June 7 with “Neutral” rating. The firm has “Buy” rating given on Wednesday, November 9 by Mizuho. As per Tuesday, May 30, the company rating was maintained by Mizuho. The rating was maintained by FBR Capital on Thursday, July 30 with “Outperform”. The rating was upgraded by Standpoint Research to “Buy” on Friday, October 28. Robert W. Baird downgraded it to “Neutral” rating and $164 target in Friday, October 28 report. S&P Research maintained McKesson Corporation (NYSE:MCK) rating on Friday, July 31. S&P Research has “Buy” rating and $268 target. The stock of McKesson Corporation (NYSE:MCK) earned “Buy” rating by Jefferies on Wednesday, January 24. The firm earned “Outperform” rating on Tuesday, September 19 by Robert W. Baird. Raymond James downgraded McKesson Corporation (NYSE:MCK) on Wednesday, January 6 to “Outperform” rating.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.07, from 0.95 in 2017Q2. It dropped, as 65 investors sold MCK shares while 296 reduced holdings. 72 funds opened positions while 246 raised stakes. 180.04 million shares or 2.23% more from 176.11 million shares in 2017Q2 were reported. First Mercantile Trust accumulated 984 shares. Qci Asset Mgmt New York accumulated 25 shares or 0% of the stock. Us Retail Bank De holds 0.08% or 169,902 shares. 180 are held by Mu Investments Limited. Johnson Grp Inc Incorporated invested in 4,932 shares or 0.1% of the stock. Ameriprise Financial invested in 0.03% or 417,182 shares. Wetherby Asset Mngmt accumulated 5,896 shares or 0.13% of the stock. Bankshares Of America De has 0.07% invested in McKesson Corporation (NYSE:MCK). Teachers Retirement Of The State Of Kentucky owns 22,832 shares for 0.04% of their portfolio. The Colorado-based Asset has invested 0.03% in McKesson Corporation (NYSE:MCK). 7,399 are owned by Northwest Inv Counselors. Sumitomo Mitsui Trust Holdings Incorporated reported 608,627 shares. Stanley Capital Mngmt Ltd Company holds 3.5% of its portfolio in McKesson Corporation (NYSE:MCK) for 40,800 shares. State Of Tennessee Treasury Department has invested 0.04% in McKesson Corporation (NYSE:MCK). Pzena Management Ltd Limited Liability Company has invested 2% in McKesson Corporation (NYSE:MCK).

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