Brookfield Asset Management Inc. Acquires 800 Shares of MCCORMICK & CO /SH NV (NYSE:MKC) – TechNewsObserver
Brookfield Asset Management Inc. lifted its holdings in MCCORMICK & CO /SH NV (NYSE:MKC) by 33.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. JPMorgan Chase & Co. downgraded shares of MCCORMICK & CO /SH from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $154.00 to $150.00 in a research note on Tuesday, August 20th. The stock has a market capitalization of $21.20 billion, a price-to-earnings ratio of 32.20, a P/E/G ratio of 3.74 and a beta of 0.16. In other news, insider Malcolm Swift sold 27,200 shares of the stock in a transaction dated Friday, August 16th.