Okumus Fund Management LTD Lowered By $1.40 Million Its Ascent Cap Group (ASCMA) Position; Vulcan Value Partners Raised Its Mckesson (MCK) Holding

February 18, 2018 - By Adrian Mccoy

Vulcan Value Partners Llc increased Mckesson Corp (MCK) stake by 1.21% reported in 2017Q3 SEC filing. Vulcan Value Partners Llc acquired 39,686 shares as Mckesson Corp (MCK)’s stock rose 1.84%. The Vulcan Value Partners Llc holds 3.31 million shares with $507.97M value, up from 3.27 million last quarter. Mckesson Corp now has $31.05 billion valuation. The stock increased 1.21% or $1.8 during the last trading session, reaching $150.5. About 1.72 million shares traded. McKesson Corporation (NYSE:MCK) has declined 15.45% since February 18, 2017 and is downtrending. It has underperformed by 32.15% the S&P500.

Okumus Fund Management Ltd decreased Ascent Cap Group Inc (ASCMA) stake by 8.73% reported in 2017Q3 SEC filing. Okumus Fund Management Ltd sold 108,065 shares as Ascent Cap Group Inc (ASCMA)’s stock declined 23.46%. The Okumus Fund Management Ltd holds 1.13M shares with $14.73 million value, down from 1.24 million last quarter. Ascent Cap Group Inc now has $82.38M valuation. The stock increased 2.79% or $0.18 during the last trading session, reaching $6.63. About 50,797 shares traded. Ascent Capital Group, Inc. (NASDAQ:ASCMA) has declined 24.02% since February 18, 2017 and is downtrending. It has underperformed by 40.72% the S&P500.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.07, from 0.95 in 2017Q2. It is negative, as 65 investors sold MCK shares while 296 reduced holdings. 72 funds opened positions while 246 raised stakes. 180.04 million shares or 2.23% more from 176.11 million shares in 2017Q2 were reported. Shine Invest Advisory Services reported 30 shares or 0% of all its holdings. 13,100 are held by Louisiana State Employees Retirement Systems. 20,538 are held by Engineers Gate Manager L P. Credit Suisse Ag accumulated 0.04% or 253,947 shares. Smithfield holds 0% of its portfolio in McKesson Corporation (NYSE:MCK) for 162 shares. Advisory Svcs Ltd Liability Com holds 0.03% or 1,887 shares. 102,322 are held by Tobam. Great Lakes Limited Liability Com holds 313,354 shares. Fukoku Mutual Life Insurance holds 0.02% or 1,060 shares in its portfolio. Thompson Invest Mgmt reported 36,527 shares stake. Nordea holds 1.38M shares or 0.51% of its portfolio. 71,588 were accumulated by Heritage Invsts Management Corporation. Tarbox Family Office stated it has 49 shares. Stanley Mngmt Llc has invested 3.5% in McKesson Corporation (NYSE:MCK). Gulf State Bank (Uk) accumulated 69,011 shares or 0.14% of the stock.

Vulcan Value Partners Llc decreased Mastercard Incorporated (NYSE:MA) stake by 190,265 shares to 3.88 million valued at $547.66M in 2017Q3. It also reduced Aci Worldwide Inc (NASDAQ:ACIW) stake by 302,986 shares and now owns 7.17 million shares. Thermon Group Hldgs Inc (NYSE:THR) was reduced too.

Among 22 analysts covering McKesson Corporation (NYSE:MCK), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. McKesson Corporation had 79 analyst reports since July 31, 2015 according to SRatingsIntel. On Monday, December 18 the stock rating was downgraded by Credit Suisse to “Sell”. JP Morgan maintained McKesson Corporation (NYSE:MCK) on Tuesday, August 9 with “Overweight” rating. The firm has “Hold” rating by Mizuho given on Thursday, February 1. Mizuho maintained it with “Buy” rating and $193 target in Monday, January 18 report. The company was maintained on Tuesday, May 30 by Mizuho. As per Tuesday, June 7, the company rating was maintained by Bank of America. The firm has “Neutral” rating given on Friday, October 28 by Robert W. Baird. The firm has “Outperform” rating given on Thursday, July 30 by FBR Capital. The stock of McKesson Corporation (NYSE:MCK) earned “Neutral” rating by Mizuho on Thursday, August 11. The stock of McKesson Corporation (NYSE:MCK) has “Buy” rating given on Wednesday, November 4 by Goldman Sachs.

Since August 21, 2017, it had 0 buys, and 5 selling transactions for $121.68 million activity. On Monday, August 21 JACOBS M CHRISTINE sold $157,500 worth of McKesson Corporation (NYSE:MCK) or 1,083 shares. On Wednesday, September 20 the insider HAMMERGREN JOHN H sold $34.13M. Shares for $140,089 were sold by Lampert Erin M on Thursday, September 7.

Analysts await Ascent Capital Group, Inc. (NASDAQ:ASCMA) to report earnings on February, 27. They expect $-2.22 EPS, down 47.02% or $0.71 from last year’s $-1.51 per share. After $-2.39 actual EPS reported by Ascent Capital Group, Inc. for the previous quarter, Wall Street now forecasts -7.11% EPS growth.

Investors sentiment decreased to 0.67 in 2017 Q3. Its down 0.21, from 0.88 in 2017Q2. It fall, as 11 investors sold ASCMA shares while 28 reduced holdings. 7 funds opened positions while 19 raised stakes. 9.91 million shares or 1.44% more from 9.77 million shares in 2017Q2 were reported. Price T Rowe Associate Incorporated Md owns 40,307 shares or 0% of their US portfolio. Next Financial Grp holds 0% or 5 shares. State Street reported 0% stake. Massachusetts Financial Svcs Ma stated it has 0% of its portfolio in Ascent Capital Group, Inc. (NASDAQ:ASCMA). Panagora Asset holds 77,709 shares or 0% of its portfolio. Tiaa Cref Investment Mgmt Limited Liability Corporation reported 58,112 shares. 41,000 were reported by Strs Ohio. Bogle Mgmt Ltd Partnership De stated it has 33,421 shares or 0.03% of all its holdings. New York-based Brigade Mgmt LP has invested 0.96% in Ascent Capital Group, Inc. (NASDAQ:ASCMA). Northern Tru Corporation reported 0% of its portfolio in Ascent Capital Group, Inc. (NASDAQ:ASCMA). Legal General Public Ltd Company has 0% invested in Ascent Capital Group, Inc. (NASDAQ:ASCMA) for 2,600 shares. Blackrock holds 742,547 shares or 0% of its portfolio. Barclays Pcl owns 343 shares. Chou Associate Management reported 306,000 shares stake. Connor Clark And Lunn Invest Mngmt Limited invested in 0.01% or 74,267 shares.

Since September 27, 2017, it had 0 buys, and 2 sales for $9.49 million activity. Pohl Michael J sold 2,500 shares worth $29,828. 860,000 shares were sold by Brigade Leveraged Capital Structures Fund Ltd., worth $9.46 million.

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