City Holding Company Has Lowered Its Stake in Under Armour Cl A (UA) by $381,920; Mckesson (MCK) Shares Rose While Endurant Capital Management LP Has Cut Its Stake by $4.16 Million

February 15, 2018 - By Jonathan Benavides

City Holding Company decreased its stake in Under Armour Inc Cl A (UA) by 97.55% based on its latest 2017Q3 regulatory filing with the SEC. City Holding Company sold 23,870 shares as the company’s stock declined 9.57% while stock markets rallied. The institutional investor held 600 shares of the consumer non-durables company at the end of 2017Q3, valued at $10,000, down from 24,470 at the end of the previous reported quarter. City Holding Company who had been investing in Under Armour Inc Cl A for a number of months, seems to be less bullish one the $7.44 billion market cap company. The stock increased 5.56% or $0.85 during the last trading session, reaching $16.14. About 10.62M shares traded or 90.03% up from the average. Under Armour, Inc. (NYSE:UA) has declined 48.39% since February 15, 2017 and is downtrending. It has underperformed by 65.09% the S&P500.

Endurant Capital Management Lp decreased its stake in Mckesson Corp (MCK) by 37.26% based on its latest 2017Q3 regulatory filing with the SEC. Endurant Capital Management Lp sold 27,203 shares as the company’s stock rose 1.84% with the market. The institutional investor held 45,800 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $7.04M, down from 73,003 at the end of the previous reported quarter. Endurant Capital Management Lp who had been investing in Mckesson Corp for a number of months, seems to be less bullish one the $30.70 billion market cap company. The stock increased 1.77% or $2.59 during the last trading session, reaching $148.77. About 1.88M shares traded. McKesson Corporation (NYSE:MCK) has declined 15.45% since February 15, 2017 and is downtrending. It has underperformed by 32.15% the S&P500.

Since August 21, 2017, it had 0 insider buys, and 6 sales for $121.83 million activity. HAMMERGREN JOHN H also sold $46.43M worth of McKesson Corporation (NYSE:MCK) on Monday, September 25. Shares for $157,500 were sold by JACOBS M CHRISTINE.

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.07, from 0.95 in 2017Q2. It turned negative, 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. Essex Fin Services Inc reported 1,660 shares stake. State Street owns 9.23 million shares. Walter Keenan Fincl Consulting Mi Adv reported 1,550 shares or 0.11% of all its holdings. Louisiana State Employees Retirement System invested 0.09% of its portfolio in McKesson Corporation (NYSE:MCK). Golub Group Ltd Liability owns 0.09% invested in McKesson Corporation (NYSE:MCK) for 6,300 shares. Madison Invest Holding Inc has invested 0.09% of its portfolio in McKesson Corporation (NYSE:MCK). Retirement Of Alabama reported 144,310 shares. Everence Cap invested in 3,974 shares or 0.14% of the stock. Highstreet Asset owns 9,703 shares for 0.14% of their portfolio. Fil invested in 0.03% or 74,611 shares. 100,900 were accumulated by Metropolitan Life Co. Gideon Capital Inc reported 1,430 shares stake. Exchange Capital Mgmt Incorporated reported 8,103 shares. 19,649 are owned by Sva Plumb Wealth Mngmt Lc. Diamond Hill Capital Mngmt invested 0% of its portfolio in McKesson Corporation (NYSE:MCK).

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. Mizuho maintained it with “Hold” rating and $186.0 target in Wednesday, January 24 report. Mizuho maintained it with “Buy” rating and $210 target in Tuesday, October 27 report. The rating was downgraded by Credit Suisse to “Underperform” on Wednesday, November 23. The stock of McKesson Corporation (NYSE:MCK) has “Mkt Perform” rating given on Friday, October 28 by Leerink Swann. Standpoint Research downgraded McKesson Corporation (NYSE:MCK) on Tuesday, April 26 to “Hold” rating. On Tuesday, May 23 the stock rating was upgraded by JP Morgan to “Overweight”. Barclays Capital maintained the stock with “Overweight” rating in Friday, April 28 report. Mizuho maintained the shares of MCK in report on Tuesday, May 30 with “Hold” rating. The rating was maintained by Mizuho with “Neutral” on Monday, September 26. The rating was maintained by Needham with “Buy” on Friday, February 2.

Endurant Capital Management Lp, which manages about $127.40M and $330.07M US Long portfolio, upped its stake in Aetna Inc New (NYSE:AET) by 5,000 shares to 61,427 shares, valued at $9.77M in 2017Q3, according to the filing. It also increased its holding in Tivity Health Inc by 153,300 shares in the quarter, for a total of 201,000 shares, and has risen its stake in Clovis Oncology Inc (NASDAQ:CLVS).

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