Longwood Capital Partners Holding In Rockwell Med (Put) (RMTI) Was Raised; Mckesson (MCK) Market Value Declined While Neumann Capital Management Has Lifted Position by $461,125

May 13, 2018 - By Kurt Siggers

McKesson Corporation (NYSE:MCK) Logo

Neumann Capital Management Llc increased its stake in Mckesson Corp (MCK) by 58.51% based on its latest 2017Q4 regulatory filing with the SEC. Neumann Capital Management Llc bought 2,975 shares as the company’s stock declined 12.43% with the market. The institutional investor held 8,060 shares of the other pharmaceuticals company at the end of 2017Q4, valued at $1.26M, up from 5,085 at the end of the previous reported quarter. Neumann Capital Management Llc who had been investing in Mckesson Corp for a number of months, seems to be bullish on the $30.79B market cap company. The stock increased 1.32% or $1.95 during the last trading session, reaching $149.21. About 1.74 million shares traded or 1.75% up from the average. McKesson Corporation (NYSE:MCK) has declined 6.57% since May 13, 2017 and is downtrending. It has underperformed by 18.12% the S&P500.




Longwood Capital Partners Llc increased its stake in Rockwell Med Inc (Put) (RMTI) by 76% based on its latest 2017Q4 regulatory filing with the SEC. Longwood Capital Partners Llc bought 190,000 shares as the company’s stock declined 13.46% with the market. The institutional investor held 440,000 shares of the health care company at the end of 2017Q4, valued at $2.56 million, up from 250,000 at the end of the previous reported quarter. Longwood Capital Partners Llc who had been investing in Rockwell Med Inc (Put) for a number of months, seems to be bullish on the $288.35M market cap company. The stock increased 3.92% or $0.21 during the last trading session, reaching $5.57. About 345,482 shares traded or 57.25% up from the average. Rockwell Medical, Inc. (NASDAQ:RMTI) has declined 16.75% since May 13, 2017 and is downtrending. It has underperformed by 28.30% the S&P500.

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.09, from 0.88 in 2017Q3. It fall, as 73 investors sold MCK shares while 310 reduced holdings. 79 funds opened positions while 222 raised stakes. 177.79 million shares or 1.25% less from 180.04 million shares in 2017Q3 were reported. Prudential has 450,594 shares. Fiduciary invested in 0.01% or 2,899 shares. Nomura Asset Management Limited owns 36,647 shares. Trustees Of Dartmouth College reported 150 shares. First Fin Corp In stated it has 206 shares. Lsv Asset reported 1.23 million shares stake. Cambridge Com reported 8,924 shares. 1,755 were accumulated by Petrus Co Lta. Korea Inv stated it has 85,998 shares or 0.06% of all its holdings. 20,787 were reported by Norinchukin Bancorp The. First Midwest Bancshares Tru Division holds 0.38% or 19,292 shares. Perigon Wealth Mngmt Ltd Liability reported 0.01% stake. Ancora Advisors Lc invested in 0.02% or 2,121 shares. Moreover, Sivik Glob Lc has 1.74% invested in McKesson Corporation (NYSE:MCK) for 30,000 shares. Aviva Public Limited Co owns 117,852 shares.

Among 22 analysts covering McKesson Corporation (NYSE:MCK), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. McKesson Corporation had 83 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Wednesday, October 18. The company was maintained on Tuesday, June 7 by Bank of America. On Tuesday, January 12 the stock rating was downgraded by Raymond James to “Mkt Perform”. Mizuho maintained McKesson Corporation (NYSE:MCK) rating on Friday, January 15. Mizuho has “Buy” rating and $193.0 target. The stock of McKesson Corporation (NYSE:MCK) earned “Overweight” rating by JP Morgan on Tuesday, May 23. The firm earned “Buy” rating on Wednesday, November 1 by Needham. As per Friday, July 31, the company rating was maintained by S&P Research. The stock of McKesson Corporation (NYSE:MCK) earned “Neutral” rating by Mizuho on Thursday, August 11. The rating was downgraded by Robert W. Baird to “Neutral” on Friday, October 28. The firm has “Buy” rating given on Tuesday, October 27 by Mizuho.

Neumann Capital Management Llc, which manages about $305.78 million and $163.25M US Long portfolio, decreased its stake in Johnson & Johnson (NYSE:JNJ) by 6,650 shares to 14,200 shares, valued at $1.98 million in 2017Q4, according to the filing. It also reduced its holding in General Electric Co (NYSE:GE) by 48,070 shares in the quarter, leaving it with 81,050 shares, and cut its stake in Gilead Sciences Inc (NASDAQ:GILD).

Since December 14, 2017, it had 0 buys, and 2 selling transactions for $10.61 million activity. 1,413 shares valued at $211,071 were sold by Lampert Erin M on Thursday, March 1.

More notable recent McKesson Corporation (NYSE:MCK) news were published by: Globenewswire.com which released: “Consolidated Research: 2018 Summary Expectations for STORE Capital, Microvision, International Game Technology …” on May 11, 2018, also Seekingalpha.com with their article: “McKesson launches growth initiative, sees non-GAAP EPS as high as $12.80” published on April 25, 2018, Seekingalpha.com published: “McKesson Is Undervalued” on April 16, 2018. More interesting news about McKesson Corporation (NYSE:MCK) were released by: Seekingalpha.com and their article: “McKesson – Deeply Undervalued” published on April 19, 2018 as well as Seekingalpha.com‘s news article titled: “McKesson To Acquire MSD For Medical Supply Distribution” with publication date: May 07, 2018.

Since December 15, 2017, it had 0 insider buys, and 1 sale for $235 activity.

More notable recent Rockwell Medical, Inc. (NASDAQ:RMTI) news were published by: Globenewswire.com which released: “Rockwell Medical Reports First Quarter 2018 Results” on May 10, 2018, also Globenewswire.com with their article: “Research Report Identifies Rockwell Medical, Peoples, Cutera, Barrett Business Services, Cray, and Hawkins with …” published on May 01, 2018, Globenewswire.com published: “Rockwell Medical Announces TrifericĀ® Presentations at the 2018 International Congress on Peritoneal Dialysis” on May 02, 2018. More interesting news about Rockwell Medical, Inc. (NASDAQ:RMTI) were released by: Globenewswire.com and their article: “Rockwell Medical Update on Calcitriol New Manufacturing Submission to FDA” published on May 08, 2018 as well as Nasdaq.com‘s news article titled: “Rockwell Medical Schedules First Quarter 2018 Earnings Call” with publication date: May 02, 2018.

Investors sentiment decreased to 0.86 in Q4 2017. Its down 0.06, from 0.92 in 2017Q3. It dropped, as 6 investors sold RMTI shares while 23 reduced holdings. 6 funds opened positions while 19 raised stakes. 10.75 million shares or 1.01% more from 10.64 million shares in 2017Q3 were reported. Grp One Trading Limited Partnership holds 27,160 shares. Geode Cap Mgmt Lc holds 0% or 413,597 shares in its portfolio. Sigma Counselors Incorporated invested 0.07% of its portfolio in Rockwell Medical, Inc. (NASDAQ:RMTI). Moreover, Price T Rowe Associate Inc Md has 0% invested in Rockwell Medical, Inc. (NASDAQ:RMTI) for 38,149 shares. Oakworth Capital owns 2,500 shares for 0% of their portfolio. Morgan Stanley has 0% invested in Rockwell Medical, Inc. (NASDAQ:RMTI) for 211,700 shares. Voya Invest Mngmt Limited Liability Corp, Georgia-based fund reported 24,284 shares. San Francisco Sentry Inv Grp Inc (Ca) stated it has 5,000 shares. Wells Fargo Mn, California-based fund reported 123,697 shares. 10,277 were accumulated by Bnp Paribas Arbitrage Sa. New York-based Amer Intl Gp has invested 0% in Rockwell Medical, Inc. (NASDAQ:RMTI). 12,548 are held by Raymond James Fincl Svcs. Millennium Limited Company reported 37,371 shares. Oppenheimer And accumulated 0% or 19,200 shares. 27,650 are held by Johnson Counsel Incorporated.

McKesson Corporation (NYSE:MCK) Institutional Positions Chart

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