From MarketBeat:

Westhampton Capital LLC purchased 27,660 shares of McCormick & Company, while Moneta Group Investment Advisors LLC upped their stake by 92,736.4%. Norges Bank, Bank Julius Baer & Co. Ltd Zurich, Holocene Advisors LP, and Vanguard Group Inc. all acquired new stakes. Overall, 78.15% of the stock is owned by hedge funds and other institutional investors.

Financial analysts recently set targets for MKC shares, which averaged a price target of $78.20. With two analysts rating it as a sell, five as a hold, and two as a buy, the stock currently has an average rating of “Hold”.

VP Jeffery D. Schwartz recently sold 2,000 shares at an average price of $64.37, while insiders currently own 19% of the stock. McCormick & Company, Incorporated has been trading at 1.2% lower than usual, with the stock currently at $67.24, has a PE ratio of 28.02, and a market cap of $18.04 billion.

After declaring a $.42 dividend, McCormick & Company, Incorporated currently has an annualized dividend of $1.68 and a yield of 2.50%. Their dividend payout ratio (DPR) is at 70.00%. The company shared news of an increase in dividends and operates in two segments, Consumer and Flavor Solutions.

If you’re interested in what other hedge funds are investing in MKC, you can view the latest 13F filings and insider trades for McCormick & Company, Incorporated at HoldingsChannel.com. For the full story, MarketBeat has the latest news and financial data on the company.



Read more: Westhampton Capital LLC Buys Shares of 27,660 McCormick & Company, Incorporated (NYSE:MKC)