Van Den Berg Management I Has Boosted Mckesson (MCK) Stake; Mistras Group (MG) Sellers Increased By 2.69% Their Shorts

November 15, 2017 - By Richard Conner

Mistras Group Incorporated (NYSE:MG) had an increase of 2.69% in short interest. MG’s SI was 709,200 shares in November as released by FINRA. Its up 2.69% from 690,600 shares previously. With 57,100 avg volume, 12 days are for Mistras Group Incorporated (NYSE:MG)’s short sellers to cover MG’s short positions. The SI to Mistras Group Incorporated’s float is 4.14%. It is 0.00% or $0 reaching $21.37 per share. It is down 10.21% since November 15, 2016 and is downtrending. It has underperformed by 26.91% the S&P500.

Van Den Berg Management I Inc increased Mckesson Corp (MCK) stake by 7.98% reported in 2017Q2 SEC filing. Van Den Berg Management I Inc acquired 7,773 shares as Mckesson Corp (MCK)’s stock rose 1.84%. The Van Den Berg Management I Inc holds 105,151 shares with $17.30 million value, up from 97,378 last quarter. Mckesson Corp now has $28.34 billion valuation. The stock declined 0.17% or $0.23 reaching $135.94 on the news. About 5,203 shares traded. McKesson Corporation (NYSE:MCK) has declined 15.45% since November 15, 2016 and is downtrending. It has underperformed by 32.15% the S&P500.




Investors sentiment decreased to 0.95 in Q2 2017. Its down 0.02, from 0.97 in 2017Q1. It worsened, as 66 investors sold MCK shares while 305 reduced holdings. 100 funds opened positions while 253 raised stakes. 176.11 million shares or 4.62% less from 184.63 million shares in 2017Q1 were reported. 14,200 were reported by Lombard Odier Asset Mgmt (Usa). Cetera Advisor Netwr Lc accumulated 0.02% or 1,939 shares. Cubist Systematic Strategies Limited reported 7,809 shares. North Run Capital LP stated it has 153,000 shares or 13.42% of all its holdings. California Pub Employees Retirement Systems holds 0.13% or 500,876 shares in its portfolio. 61,243 were accumulated by First Tru Advsr Ltd Partnership. Segall Bryant Hamill Lc reported 2,272 shares or 0.01% of all its holdings. Secor Capital Advsr LP holds 0.15% in McKesson Corporation (NYSE:MCK) or 10,182 shares. The Pennsylvania-based Twin Capital Mngmt has invested 0.56% in McKesson Corporation (NYSE:MCK). Convergence Inv Partners Ltd has 15,564 shares for 0.37% of their portfolio. Moreover, Arizona State Retirement System has 0.12% invested in McKesson Corporation (NYSE:MCK) for 52,276 shares. Brandes Invest LP invested in 979,257 shares or 2.55% of the stock. Archford Cap Strategies Ltd Company reported 331 shares or 0.02% of all its holdings. The Florida-based Dreman Value L L C has invested 0.33% in McKesson Corporation (NYSE:MCK). Fuller Thaler Asset Management holds 1,900 shares or 0% of its portfolio.

Van Den Berg Management I Inc decreased Spdr Series Trust (XOP) stake by 34,430 shares to 919,132 valued at $29.34 million in 2017Q2. It also reduced Heritage Crystal Clean Inc (NASDAQ:HCCI) stake by 30,000 shares and now owns 34,755 shares. Agnico Eagle Mines Ltd (NYSE:AEM) was reduced too.

Among 21 analysts covering McKesson Corporation (NYSE:MCK), 9 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. McKesson Corporation had 70 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, August 26 by Zacks. JP Morgan downgraded it to “Neutral” rating and $169 target in Thursday, January 5 report. UBS initiated McKesson Corporation (NYSE:MCK) on Thursday, October 6 with “Neutral” rating. Mizuho maintained McKesson Corporation (NYSE:MCK) rating on Tuesday, June 7. Mizuho has “Neutral” rating and $174 target. Needham upgraded McKesson Corporation (NYSE:MCK) on Friday, September 8 to “Buy” rating. Standpoint Research downgraded the shares of MCK in report on Tuesday, April 26 to “Hold” rating. The rating was maintained by Mizuho with “Neutral” on Monday, September 26. On Monday, April 24 the stock rating was maintained by Leerink Swann with “Hold”. The stock of McKesson Corporation (NYSE:MCK) has “Buy” rating given on Monday, October 16 by Needham. Cowen & Co downgraded the shares of MCK in report on Tuesday, March 15 to “Market Perform” rating.

Since May 27, 2017, it had 0 insider purchases, and 4 insider sales for $9.65 million activity. Shares for $64,854 were sold by Lampert Erin M. On Wednesday, May 31 the insider HAMMERGREN JOHN H sold $6.32 million.

Mistras Group, Inc. offers asset protection solutions and is a well-known provider of technology-enabled asset protection solutions used to evaluate the structural integrity and reliability of critical energy, industrial and public infrastructure. The company has market cap of $604.57 million.

Investors sentiment increased to 1.19 in Q2 2017. Its up 0.19, from 1 in 2017Q1. It increased, as 14 investors sold Mistras Group Inc shares while 23 reduced holdings. 12 funds opened positions while 32 raised stakes. 16.51 million shares or 4.10% more from 15.86 million shares in 2017Q1 were reported. 101,107 are held by Savings Bank Of New York Mellon Corporation. Citigroup stated it has 0% of its portfolio in Mistras Group Inc (NYSE:MG). Millennium Mgmt Ltd Liability Corporation owns 9,782 shares. Envestnet Asset Management stated it has 2,412 shares. The New York-based Blackrock has invested 0% in Mistras Group Inc (NYSE:MG). North Carolina-based Sterling Cap Mgmt Ltd Co has invested 0.02% in Mistras Group Inc (NYSE:MG). Fenimore Asset Management Incorporated reported 0.31% in Mistras Group Inc (NYSE:MG). Rhumbline Advisers invested in 0% or 21,421 shares. Gsa Cap Prns Llp, a United Kingdom-based fund reported 70,153 shares. Rockefeller Financial Services, New York-based fund reported 805,443 shares. Barclays Public Ltd Co accumulated 13 shares or 0% of the stock. 14,422 are held by Wells Fargo And Mn. Services Automobile Association reported 314,286 shares. Royal Bank Of Canada accumulated 972,843 shares. Nationwide Fund Advsr reported 14,630 shares.

Since June 6, 2017, it had 0 insider purchases, and 1 sale for $2.00 million activity. 94,206 shares were sold by Vahaviolos Sotirios J., worth $2.00M.

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