YHB Investment Advisors Inc. grew its position in McCormick & Company, Incorporated (NYSE:MKC) by 2.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,569 shares of the company’s stock after purchasing an additional 960 shares during the period. YHB Investment Advisors Inc.’s holdings in McCormick & Company, Incorporated were worth $3,727,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Toronto Dominion Bank boosted its stake in shares of McCormick & Company, Incorporated by 24.3% in the 2nd quarter. 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. Twin Capital Management Inc. acquired a new stake in shares of McCormick & Company, Incorporated in the 3rd quarter valued at $930,000. Amundi Pioneer Asset Management Inc. boosted its stake in shares of McCormick & Company, Incorporated by 81.9% in the 3rd quarter. Amundi Pioneer Asset Management Inc. now owns 1,629,070 shares of the company’s stock valued at $167,208,000 after purchasing an additional 733,375 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of McCormick & Company, Incorporated by 4.3% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 41,323 shares of the company’s stock valued at $4,241,000 after purchasing an additional 1,698 shares in the last quarter. Finally, Trillium Asset Management LLC boosted its stake in shares of McCormick & Company, Incorporated by 12.2% in the 3rd quarter. Trillium Asset Management LLC now owns 253,788 shares of the company’s stock valued at $26,049,000 after purchasing an additional 27,677 shares in the last quarter. Institutional investors own 76.19% of the company’s stock.

Several brokerages have recently commented on MKC. Zacks Investment Research upgraded shares of McCormick & Company, Incorporated from a “sell” rating to a “hold” rating in a research note on Friday, December 29th. Credit Suisse Group set a $115.00 target price on shares of McCormick & Company, Incorporated and gave the company a “buy” rating in a research note on Tuesday, December 12th. Jefferies Group set a $120.00 target price on shares of McCormick & Company, Incorporated and gave the company a “buy” rating in a research note on Monday, October 30th. Stifel Nicolaus restated a “hold” rating and issued a $103.00 target price (up previously from $95.00) on shares of McCormick & Company, Incorporated in a research note on Monday, October 2nd. Finally, Citigroup lifted their price target on McCormick & Company, Incorporated from $100.00 to $108.00 and gave the company a “neutral” rating in a report on Monday, October 2nd. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. McCormick & Company, Incorporated has a consensus rating of “Hold” and a consensus price target of $106.67.

In other McCormick & Company, Incorporated news, Director Maritza Gomez Montiel sold 2,500 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $96.26, for a total transaction of $240,650.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael D. Mangan sold 5,000 shares of the business’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $99.50, for a total value of $497,500.00. Following the sale, the director now directly owns 18,825 shares of the company’s stock, valued at $1,873,087.50. The disclosure for this sale can be found here. Insiders own 15.30% of the company’s stock.

McCormick & Company, Incorporated (NYSE:MKC) traded up $0.01 during trading on Tuesday, hitting $101.01. The company had a trading volume of 572,700 shares, compared to its average volume of 727,900. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.95 and a quick ratio of 0.47. McCormick & Company, Incorporated has a fifty-two week low of $90.25 and a fifty-two week high of $106.50. The company has a market capitalization of $13,232.01, a PE ratio of 27.90, a price-to-earnings-growth ratio of 2.28 and a beta of 0.53.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.06%. This is a boost from McCormick & Company, Incorporated’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Thursday, December 28th. McCormick & Company, Incorporated’s payout ratio is currently 57.46%.

COPYRIGHT VIOLATION NOTICE: This report was posted by Watch List News and is the property of of Watch List News. If you are reading this report on another publication, it was illegally stolen and republished in violation of US and international trademark & copyright law. The original version of this report can be accessed at https://www.watchlistnews.com/mccormick-company-incorporated-mkc-stake-raised-by-yhb-investment-advisors-inc/1809478.html.

McCormick & Company, Incorporated Company Profile

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’s segments include consumer and industrial. The Company is involved in the manufacturing and sales of flavorful products.

Want to see what other hedge funds are holding MKC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for McCormick & Company, Incorporated (NYSE:MKC).

Institutional Ownership by Quarter for McCormick & Company, Incorporated (NYSE:MKC)

Receive News & Ratings for McCormick & Company Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McCormick & Company Incorporated and related companies with MarketBeat.com's FREE daily email newsletter.