Acropolis Investment Management Has Lifted Its Mckesson (MCK) Position; 3 Bullish Analysts Covering Great Lakes Dredge & Dock (GLDD)

McKesson Corporation (NYSE:MCK) Logo

Acropolis Investment Management Llc increased Mckesson Corp (MCK) stake by 91.07% reported in 2018Q1 SEC filing. Acropolis Investment Management Llc acquired 2,825 shares as Mckesson Corp (MCK)’s stock declined 5.64%. The Acropolis Investment Management Llc holds 5,927 shares with $835,000 value, up from 3,102 last quarter. Mckesson Corp now has $30.08 billion valuation. The stock increased 1.65% or $2.42 during the last trading session, reaching $148.88. About 1.85M shares traded or 6.95% up from the average. McKesson Corporation (NYSE:MCK) has declined 10.19% since June 23, 2017 and is downtrending. It has underperformed by 22.76% the S&P500. Some Historical MCK News: 27/03/2018 – AcelRx announces appointment of John Saia as General Counsel; 24/05/2018 – MCKESSON 4Q ADJ EPS $3.49, EST. $3.56; 16/04/2018 – McKesson CDS Tightens 9 Bps, Most in 4 Years; 26/03/2018 – McKesson Corp Redeems 7.5% Notes Due 2019; 15/05/2018 – Florida Also Suing Painkiller Distributors AmerisourceBergen, Cardinal Health and McKesson Corp; 25/04/2018 – McKesson Launches Multi-Year Strategic Growth Initiative; Reaffirms Fiscal 2018 Outlook and Provides Preliminary Fiscal 2019 Outlook; 24/04/2018 – POLARITYTE ANNOUNCES APPOINTMENT OF MCKESSON’S WILLIE BOGAN TO BOARD OF DIRECTORS; 15/05/2018 – MCKESSON DIRECTORS MUST FACE INVESTORS’ SUIT OVER OPIOIDS; 25/04/2018 – McKesson: Multi-Year Growth Initiative Focuses on Improving Patient Care Delivery; 15/05/2018 – MCKESSON BOARD ACCUSED OF FAILING TO OVERSEE OPIOID SHIPMENTS

Among 4 analysts covering Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Great Lakes Dredge & Dock Corporation has $7.5 highest and $4 lowest target. $5.67’s average target is 6.98% above currents $5.3 stock price. Great Lakes Dredge & Dock Corporation had 7 analyst reports since October 19, 2015 according to SRatingsIntel. The stock of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has “Outperform” rating given on Wednesday, February 24 by Imperial Capital. The rating was maintained by Imperial Capital on Wednesday, November 4 with “Outperform”. The firm has “Overweight” rating by Stephens given on Friday, March 18. The stock of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has “Neutral” rating given on Friday, August 5 by DA Davidson. See Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) latest ratings:

21/02/2018 Broker: Noble Financial Rating: Buy
25/01/2018 Broker: Noble Financial Rating: Buy New Target: $7.5 Initiates Coverage On

The stock increased 4.95% or $0.25 during the last trading session, reaching $5.3. About 152,536 shares traded or 1.51% up from the average. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has risen 23.75% since June 23, 2017 and is uptrending. It has outperformed by 11.18% the S&P500. Some Historical GLDD News: 28/03/2018 – Michigan PSC: Gov. Snyder welcomes Chicago as newest member of Great Lakes Basin Partnership to Block Asian Carp; 23/03/2018 – Michigan PSC: Great Lakes Invasive Carp Challenge finalists to compete Tuesday in livestream event; 02/05/2018 – Great Lakes Dredge 1Q Loss $9.3M; 15/03/2018 – Navy News Stand: SWOSU, CSCSU Great Lakes Host CAPS Program Participants; 20/04/2018 – DJ Great Lakes Dredge & Dock Corporati, Inst Holders, 1Q 2018 (GLDD); 21/05/2018 – GREAT LAKES AFRICA ENERGY TO BUILD, OWN, OPERATE 250MW PLANT; 07/05/2018 – Great Lakes Advisors Buys New 1.1% Position in Resolute Energy; 10/04/2018 – GREAT LAKES CARING, NATIONAL HOME HEALTH CARE MERGE; 22/03/2018 – Sen. Sherr Brown: Brown, Portman Announce Full Funding for Great Lakes Restoration Initiative; 19/04/2018 – Sen Chuck Shumer: SCHUMER SUCCESSFULLY LEAD EFFORT TO BLOCK SENATE BILL THAT COULD HAVE POLLUTED NEW YORK’S GREAT LAKES

Another recent and important Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) news was published by Nasdaq.com which published an article titled: “Report: Exploring Fundamental Drivers Behind The Ensign Group, Franklin Resources, Scholastic, Omega Healthcare …” on May 30, 2018.

Since May 10, 2018, it had 2 insider purchases, and 0 sales for $32,235 activity. Another trade for 1,500 shares valued at $7,620 was bought by Shanahan Kathleen M. $24,615 worth of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) shares were bought by Steger Ronald.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.25, from 1.13 in 2017Q4. It dropped, as 10 investors sold Great Lakes Dredge & Dock Corporation shares while 32 reduced holdings. 11 funds opened positions while 26 raised stakes. 42.99 million shares or 0.17% more from 42.92 million shares in 2017Q4 were reported. Moab Cap Prtnrs Lc holds 1.53% or 1.51M shares in its portfolio. Credit Suisse Ag stated it has 0% in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). Fuller & Thaler Asset Mngmt stated it has 366,900 shares. Gsa Ptnrs Llp accumulated 0.05% or 199,417 shares. Private Mngmt Grp Inc Inc reported 0.39% of its portfolio in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). Comml Bank Of New York Mellon has 0% invested in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) for 645,717 shares. 2.32 million are held by Boston Prns. Vanguard Group Incorporated Inc holds 0% or 2.66M shares in its portfolio. 5,123 were reported by Ameritas Investment Prtn. Citigroup owns 8,755 shares for 0% of their portfolio. Ubs Asset Mngmt Americas has invested 0% in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD). Kennedy Management invested in 0.07% or 811,423 shares. Invesco holds 0% or 182,045 shares in its portfolio. Moreover, Goldman Sachs Grp has 0% invested in Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) for 10,123 shares. Mcf Advisors Ltd Limited Liability Company reported 480 shares or 0% of all its holdings.

Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. The company has market cap of $329.81 million. It operates in two divisions, Dredging and Environmental & Infrastructure. It currently has negative earnings. The Dredging segment is involved in capital dredging that consists of port expansion projects, land reclamations, trench digging for pipelines, tunnels and cables, and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures.

More notable recent McKesson Corporation (NYSE:MCK) news were published by: Seekingalpha.com which released: “McKesson: Attractive At $150” on June 18, 2018, also Bizjournals.com with their article: “Opioid epidemic’s other battleground: Teamsters vs. McKesson” published on June 18, 2018, Bizjournals.com published: “Pharmaceutical distributor to lay off 126 workers” on June 04, 2018. More interesting news about McKesson Corporation (NYSE:MCK) were released by: Themiddlemarket.com and their article: “M&A daily wrap: AlixPartners, Innovation Works, TPG, Anastasia Beverly Hills, self-driving cars, robotics” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “UPS – A Stock For Your Watchlist” with publication date: June 11, 2018.

Among 22 analysts covering McKesson Corporation (NYSE:MCK), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. McKesson Corporation has $275 highest and $130.0 lowest target. $190.62’s average target is 28.04% above currents $148.88 stock price. McKesson Corporation had 84 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Underperform” rating by Credit Suisse given on Wednesday, November 23. Goldman Sachs downgraded the stock to “Buy” rating in Wednesday, November 4 report. The firm has “Buy” rating given on Friday, January 15 by Mizuho. The firm earned “Neutral” rating on Tuesday, June 7 by Mizuho. The firm earned “Outperform” rating on Tuesday, September 19 by Robert W. Baird. The rating was downgraded by Leerink Swann on Friday, October 28 to “Mkt Perform”. As per Wednesday, June 21, the company rating was maintained by Jefferies. As per Thursday, January 5, the company rating was downgraded by JP Morgan. The firm has “Hold” rating given on Tuesday, April 26 by Standpoint Research. The stock of McKesson Corporation (NYSE:MCK) has “Mkt Perform” rating given on Tuesday, January 12 by Raymond James.

Since March 1, 2018, it had 0 buys, and 2 sales for $334,327 activity. On Thursday, March 1 the insider Lampert Erin M sold $211,071.

Acropolis Investment Management Llc decreased Vanguard Intl Equity Index F (VWO) stake by 69,643 shares to 542,166 valued at $25.47 million in 2018Q1. It also reduced Vanguard Tax (VEA) stake by 189,300 shares and now owns 1.63M shares. Ishares Tr (MBB) was reduced too.

Investors sentiment increased to 0.9 in Q1 2018. Its up 0.11, from 0.79 in 2017Q4. It improved, as 73 investors sold MCK shares while 263 reduced holdings. 73 funds opened positions while 230 raised stakes. 178.18 million shares or 0.22% more from 177.79 million shares in 2017Q4 were reported. Anchor Capital Advsr Lc owns 148,416 shares or 0.73% of their US portfolio. Stewart & Patten Ltd Liability invested 0.05% in McKesson Corporation (NYSE:MCK). 75,728 were reported by Affinity Invest Advisors Limited. Vantage Invest Advisors Ltd Liability Company accumulated 275 shares or 0.01% of the stock. Synovus Corporation reported 5,416 shares. Bb&T Securities Limited Liability Co owns 84,716 shares or 0.14% of their US portfolio. Focused Wealth Mgmt invested in 0.05% or 1,200 shares. Norinchukin Bank & Trust The reported 18,908 shares. Scharf Invests Limited invested in 869,584 shares. Amica Mutual Insur invested in 8,595 shares. Hartford Fincl Management reported 96 shares. Daiwa Grp Inc has 0.03% invested in McKesson Corporation (NYSE:MCK). Guardian Life Ins Of America invested in 0.01% or 479 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has 37,234 shares. Carlson Management has invested 0.12% in McKesson Corporation (NYSE:MCK).

McKesson Corporation (NYSE:MCK) Institutional Positions Chart