*Krensavage Asset Management LLC Holds Stake in Mckesson Corp (MCK)

McKesson Corporation (NYSE:MCK) Corporate LogoBig Money Sentiment increased to 1.05 in Q2 2018. It has change of 0.15, from 2018Q1’s 0.9. The ratio improved due to MCK positioning: 39 sold and 261 reduced. 76 funds amassed stakes and 238 increased stakes. Investors holded 178.18 million in 2018Q1 but now own 172.34 million shares or 3.28% less. Argent Trust Co accumulated 3,053 shs or 0.06% of the stock. 37,495 are owned by Thompson Invest Mgmt Incorporated. Ghp Invest Advsr invested in 0.23% or 12,003 shs. Principal Financial Inc has 311,972 shs. Bankshares Of Nova Scotia reported 0.02% in McKesson Corporation (NYSE:MCK). Peoples Financial Services stated it has 100 shs. Moreover, Busey Communications has 0.41% invested in McKesson Corporation (NYSE:MCK) for 30,929 shs. Korea Invest holds 62,678 shs. Argyle Capital Incorporated, a Pennsylvania-based fund reported 20,675 shs. Meeder Asset Mngmt invested in 0% or 5,834 shs. Butensky & Cohen Fin Security accumulated 10,821 shs. Tiaa Cref Investment Mgmt Lc owns 902,911 shs or 0.08% of their US capital. 128,059 were reported by Pnc Financial. Metropolitan Life Ins New York reported 32,013 shs stake. Tdam Usa holds 0.02% of its capital in McKesson Corporation (NYSE:MCK) for 2,176 shs.

MCK registered $521,196 net activity with 0 insider purchases and 3 selling transactions since August 31, 2018. On Friday, August 31 COLES N ANTHONY sold $173,732 worth of McKesson Corporation (NYSE:MCK). JACOBS M CHRISTINE also sold $173,732 worth of McKesson Corporation (NYSE:MCK) on Friday, August 31.

In Mckesson Corp (MCK) was increased the holdings held by Krensavage Asset Management Llc. The reduction is 11.27% according to 2018Q2 SEC form. The company’s stock sank 12.86% while Krensavage Asset Management Llc bought 32,851 shares. The institutional investor is holding 324,243 shares, compared to the 291,392 from the previous quarter. And the reported value of the other pharmaceuticals company is $43.25M for the 2018Q2. Mckesson Corp has $24.02 billion MC. MCK touched $122.96 during the last trading session after $2.09 change.Currently McKesson Corporation is downtrending after 16.67% change in last December 6, 2017. MCK has also 278,739 shares volume. MCK underperformed the S&P 500 by 32.29%.

For a total of 552,019 shares it reduced its holding in United Therapeutics Corp (NASDAQ:UTHR) by 101,768 shares in the quarter, and has cut its stake in Enanta Pharmaceuticals Inc (NASDAQ:ENTA).

For more McKesson Corporation (NYSE:MCK) news brought out briefly go to: Bizjournals.com, Businesswire.com, Businesswire.com, Globenewswire.com or Bizjournals.com. The titles are as follows: “Software management firm relocates to Irving to attract more talent – Dallas Business Journal” brought out on December 05, 2018, “EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against McKesson Corporation – MCK – Business Wire” on November 15, 2018, “McKesson Announces New Global Headquarters in Las Colinas, Texas – Business Wire” with a publish date: November 30, 2018, “INVESTOR ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against McKesson Corporation and Encourages Investors with Losses in Excess of $500,000 to Contact the Firm – GlobeNewswire” and the last “California real estate firm bringing more waterfront apartments to Las Colinas – Dallas Business Journal” with publication date: December 03, 2018.

McKesson Corporation (NYSE:MCK) Ratings Coverage

A total of 5 analysts rate McKesson (NYSE:MCK) as follows: 2 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 40% are bullish. (NYSE:MCK) has 6 ratings reports on 6 Dec 2018 according to StockzIntelligence. On Tuesday, July 3 the firm has “Equal-Weight” rating given by Morgan Stanley. On Friday, October 26 Barclays Capital maintained McKesson Corporation (NYSE:MCK) with “Equal-Weight” rating. On Monday, December 3 the firm has “Equal-Weight” rating given by Morgan Stanley. On Tuesday, July 10 the firm earned “Buy” rating by Standpoint Research. On Friday, July 20 Robert W. Baird downgraded the shares of MCK in report to “Neutral” rating. In Friday, July 27 report JP Morgan maintained it with “Overweight” rating and $160 target.

McKesson Corporation (NYSE:MCK) Institutional Investors Chart

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