Incline Global Management Has Decreased Sherwin Williams Co (Call) (SHW) Stake by $8.23 Million; Stock Rose; Stephens Raised Mccormick & Co (MKC) Position

January 14, 2018 - By Michael Collier

Stephens Inc increased its stake in Mccormick & Co Inc (MKC) by 463.59% based on its latest 2017Q3 regulatory filing with the SEC. Stephens Inc bought 12,262 shares as the company’s stock rose 3.48% with the market. The institutional investor held 14,907 shares of the consumer non-durables company at the end of 2017Q3, valued at $1.53M, up from 2,645 at the end of the previous reported quarter. Stephens Inc who had been investing in Mccormick & Co Inc for a number of months, seems to be bullish on the $13.24B market cap company. The stock increased 0.01% or $0.01 during the last trading session, reaching $101.01. About 572,724 shares traded. McCormick & Company, Incorporated (NYSE:MKC) has risen 5.12% since January 14, 2017 and is uptrending. It has underperformed by 11.58% the S&P500.

Jeff Lignelli decreased its stake in Sherwin Williams Co (Call) (SHW) by 20.19% based on its latest 2017Q3 regulatory filing with the SEC. Incline Global Management Llc sold 23,001 shares as the company’s stock rose 6.75% with the market. The hedge fund run by Jeff Lignelli held 90,900 shares of the building materials company at the end of 2017Q3, valued at $32.55M, down from 113,901 at the end of the previous reported quarter. Incline Global Management Llc who had been investing in Sherwin Williams Co (Call) for a number of months, seems to be less bullish one the $40.48 billion market cap company. The stock increased 1.76% or $7.48 during the last trading session, reaching $432.84. About 1.02M shares traded or 123.29% up from the average. The Sherwin-Williams Company (NYSE:SHW) has risen 15.27% since January 14, 2017 and is uptrending. It has underperformed by 1.43% the S&P500.

Investors sentiment decreased to 1.21 in Q3 2017. Its down 0.01, from 1.22 in 2017Q2. It worsened, as 60 investors sold SHW shares while 210 reduced holdings. 80 funds opened positions while 247 raised stakes. 69.43 million shares or 2.00% more from 68.06 million shares in 2017Q2 were reported. Gam Ag has 3,770 shares. Clearbridge Invs Limited accumulated 11,036 shares. Sigma Planning has 1,855 shares for 0.05% of their portfolio. North Carolina-based Carroll Assocs has invested 0.03% in The Sherwin-Williams Company (NYSE:SHW). Congress Asset Mngmt Ma holds 19,302 shares. Yorkville Lc holds 0.33% of its portfolio in The Sherwin-Williams Company (NYSE:SHW) for 800 shares. Pennsylvania Trust owns 3,420 shares. Twin Tree Ltd Partnership owns 7,712 shares. Pensionfund Dsm Netherlands invested in 11,500 shares. Maverick Capital Limited has 27,810 shares for 0.13% of their portfolio. Intact Inv Mngmt has 0.01% invested in The Sherwin-Williams Company (NYSE:SHW). City Holding Company holds 0.02% or 175 shares in its portfolio. Retail Bank Of Nova Scotia invested in 50 shares or 0% of the stock. Twin Cap stated it has 22,235 shares. 645 were accumulated by Southeast Asset Incorporated.

Incline Global Management Llc, which manages about $222.93M and $1.21 billion US Long portfolio, upped its stake in S&P Global Inc by 102,700 shares to 332,881 shares, valued at $52.03 million in 2017Q3, according to the filing. It also increased its holding in Newell Brands Inc (Call) (NYSE:NWL) by 675,400 shares in the quarter, for a total of 1.09 million shares, and has risen its stake in Newell Brands Inc (NYSE:NWL).

Analysts await The Sherwin-Williams Company (NYSE:SHW) to report earnings on January, 25. They expect $3.20 EPS, up 36.75% or $0.86 from last year’s $2.34 per share. SHW’s profit will be $299.25M for 33.82 P/E if the $3.20 EPS becomes a reality. After $4.75 actual EPS reported by The Sherwin-Williams Company for the previous quarter, Wall Street now forecasts -32.63% negative EPS growth.

Among 28 analysts covering Sherwin-Williams Company (NYSE:SHW), 20 have Buy rating, 0 Sell and 8 Hold. Therefore 71% are positive. Sherwin-Williams Company had 57 analyst reports since July 22, 2015 according to SRatingsIntel. CLSA upgraded The Sherwin-Williams Company (NYSE:SHW) on Friday, July 22 to “Buy” rating. Credit Suisse maintained the stock with “Outperform” rating in Wednesday, October 4 report. The stock of The Sherwin-Williams Company (NYSE:SHW) earned “Buy” rating by RBC Capital Markets on Thursday, July 13. The rating was initiated by Citigroup with “Buy” on Friday, June 23. The stock has “Buy” rating by RBC Capital Markets on Monday, August 14. The stock of The Sherwin-Williams Company (NYSE:SHW) earned “Buy” rating by Evercore on Tuesday, November 8. The stock has “Positive” rating by Susquehanna on Monday, March 21. KeyCorp maintained the stock with “Overweight” rating in Wednesday, April 5 report. On Thursday, January 11 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. Robert W. Baird maintained the shares of SHW in report on Wednesday, January 10 with “Buy” rating.

Since September 29, 2017, it had 0 buys, and 3 sales for $1.36 million activity. $296,050 worth of McCormick & Company, Incorporated (NYSE:MKC) was sold by HRABOWSKI FREEMAN A III on Friday, October 13. Smith Michael R also sold $564,325 worth of McCormick & Company, Incorporated (NYSE:MKC) shares.

Investors sentiment increased to 1.63 in Q3 2017. Its up 0.77, from 0.86 in 2017Q2. It increased, as 44 investors sold MKC shares while 151 reduced holdings. 87 funds opened positions while 230 raised stakes. 97.65 million shares or 9.97% more from 88.80 million shares in 2017Q2 were reported. Baldwin Brothers Ma has 0.19% invested in McCormick & Company, Incorporated (NYSE:MKC) for 11,272 shares. Gemmer Asset Limited Liability Co invested 0.01% in McCormick & Company, Incorporated (NYSE:MKC). Oakbrook Limited Liability Corporation has invested 1.74% in McCormick & Company, Incorporated (NYSE:MKC). M&R Management Inc holds 15,172 shares or 0.38% of its portfolio. Thrivent Fincl For Lutherans stated it has 0% in McCormick & Company, Incorporated (NYSE:MKC). Vigilant Cap Mgmt Lc, Maine-based fund reported 200 shares. Ny State Common Retirement Fund reported 0.05% stake. Lombard Odier Asset Mgmt (Switzerland) invested in 0.36% or 36,412 shares. Price T Rowe Associates Incorporated Md reported 0.02% of its portfolio in McCormick & Company, Incorporated (NYSE:MKC). Beck Mack & Oliver Limited Liability has 4,642 shares. Nichols & Pratt Advisers Llp Ma invested 0.21% in McCormick & Company, Incorporated (NYSE:MKC). 13,153 are owned by Colony Gru Lc. 85,785 are held by Insurance Co Tx. Kentucky-based Kentucky Retirement has invested 0.05% in McCormick & Company, Incorporated (NYSE:MKC). Macquarie Grp Inc Limited reported 5,955 shares.

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