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As Mckesson (MCK) Stock Declined, Holder Keybank National Association Has Cut Its Position by $2.62 Million; Susquehanna International Group Llp Upped Holding in Applied Optoelectronics (Call) (AAOI) as Stock Price Declined

McKesson Corporation (NYSE:MCK) Logo

Keybank National Association decreased its stake in Mckesson Corp (MCK) by 16.34% based on its latest 2018Q3 regulatory filing with the SEC. Keybank National Association sold 19,817 shares as the company’s stock declined 5.57% with the market. The institutional investor held 101,428 shares of the other pharmaceuticals company at the end of 2018Q3, valued at $13.45M, down from 121,245 at the end of the previous reported quarter. Keybank National Association who had been investing in Mckesson Corp for a number of months, seems to be less bullish one the $23.89 billion market cap company. The stock increased 0.11% or $0.13 during the last trading session, reaching $122.29. About 535,064 shares traded. McKesson Corporation (NYSE:MCK) has declined 17.94% since January 14, 2018 and is downtrending. It has underperformed by 17.94% the S&P500. Some Historical MCK News: 07/03/2018 U.S. judge says opioid settlement roadblocks may prompt trials; 23/04/2018 – DJ McKesson Corporation, Inst Holders, 1Q 2018 (MCK); 04/04/2018 – McKesson Specialty Health and CoverMyMeds Launch ExpressCoverage™, an Integrated eServices Platform Designed to Improve the Patient Care Journey; 25/04/2018 – McKesson: Multi-Year Growth Initiative Focuses on Improving Patient Care Delivery; 25/04/2018 – McKesson: Plan Designed to Increase Efficiency, Accelerate Execution, Improve Long-Term Performance; 24/05/2018 – McKesson FY19 Guidance Range Assumes Full-Year Adjusted Tax Rate of 21% to 23%; 24/04/2018 – POLARITYTE ANNOUNCES APPOINTMENT OF MCKESSON’S WILLIE BOGAN TO BOARD OF DIRECTORS; 25/04/2018 – MCKESSON – INVESTMENT TO SUPPORT GROWTH INITIATIVES WILL BE PARTIALLY FUNDED BY SAVINGS FROM OPTIMIZATION OF CO’S OPERATING MODEL; 25/04/2018 – McKesson Launches Comprehensive Review of Operations; 25/04/2018 – McKesson: Initiative Comprises Multiple Growth Pillars, Includes Comprehensive Review of Operations, Cost Structure

Susquehanna International Group Llp increased its stake in Applied Optoelectronics Inc (Call) (AAOI) by 35.91% based on its latest 2018Q3 regulatory filing with the SEC. Susquehanna International Group Llp bought 169,800 shares as the company’s stock declined 40.42% with the market. The institutional investor held 642,600 shares of the technology company at the end of 2018Q3, valued at $15.85M, up from 472,800 at the end of the previous reported quarter. Susquehanna International Group Llp who had been investing in Applied Optoelectronics Inc (Call) for a number of months, seems to be bullish on the $318.36M market cap company. The stock decreased 1.89% or $0.31 during the last trading session, reaching $16.08. About 235,807 shares traded. Applied Optoelectronics, Inc. (NASDAQ:AAOI) has declined 49.18% since January 14, 2018 and is downtrending. It has underperformed by 49.18% the S&P500.

Susquehanna International Group Llp, which manages about $303.72 billion US Long portfolio, decreased its stake in Ishares Tr (Put) (LQD) by 230,500 shares to 545,600 shares, valued at $62.71 million in 2018Q3, according to the filing. It also reduced its holding in Middlesex Water Co (Call) (NASDAQ:MSEX) by 10,700 shares in the quarter, leaving it with 8,600 shares, and cut its stake in Uniqure Nv (Call) (NASDAQ:QURE).

Since December 19, 2018, it had 0 insider purchases, and 1 insider sale for $30,809 activity.

Among 14 analysts covering Applied Optoelectronics (NASDAQ:AAOI), 6 have Buy rating, 5 Sell and 3 Hold. Therefore 43% are positive. Applied Optoelectronics had 50 analyst reports since August 6, 2015 according to SRatingsIntel. Cowen & Co maintained Applied Optoelectronics, Inc. (NASDAQ:AAOI) on Tuesday, September 19 with “Buy” rating. The firm earned “Neutral” rating on Wednesday, August 8 by FBR Capital. The firm has “Buy” rating given on Tuesday, June 20 by Cowen & Co. Northland Capital maintained Applied Optoelectronics, Inc. (NASDAQ:AAOI) rating on Thursday, February 22. Northland Capital has “Sell” rating and $24.0 target. Piper Jaffray maintained the shares of AAOI in report on Thursday, August 3 with “Buy” rating. Northland Capital downgraded Applied Optoelectronics, Inc. (NASDAQ:AAOI) on Friday, August 4 to “Sell” rating. The stock of Applied Optoelectronics, Inc. (NASDAQ:AAOI) has “Sell” rating given on Thursday, September 27 by Loop Capital. FBR Capital maintained Applied Optoelectronics, Inc. (NASDAQ:AAOI) rating on Friday, February 16. FBR Capital has “Hold” rating and $32.0 target. The company was maintained on Thursday, February 22 by Needham. The rating was maintained by Needham on Friday, July 14 with “Buy”.

More notable recent Applied Optoelectronics, Inc. (NASDAQ:AAOI) news were published by: Seekingalpha.com which released: “Applied Optoelectronics: The Tide Is Turning – Seeking Alpha” on August 30, 2018, also Streetinsider.com with their article: “Cisco Systems (CSCO) Luxtera Deal Makes Waves in Optical Space – Needham & Company – StreetInsider.com” published on December 18, 2018, Seekingalpha.com published: “Applied Opto -13% on revenue guidance; bull Raymond James downgrades – Seeking Alpha” on September 28, 2018. More interesting news about Applied Optoelectronics, Inc. (NASDAQ:AAOI) were released by: Seekingalpha.com and their article: “Applied Optoelectronics: Risks And Opportunities For 2019 – Seeking Alpha” published on December 29, 2018 as well as Nasdaq.com‘s news article titled: “Applied Optoelectronics (AAOI) Stock Falls on Earnings & Revenue Miss – Nasdaq” with publication date: May 08, 2018.

Investors sentiment decreased to 0.82 in Q3 2018. Its down 0.27, from 1.09 in 2018Q2. It is negative, as 28 investors sold AAOI shares while 43 reduced holdings. 22 funds opened positions while 36 raised stakes. 12.85 million shares or 7.01% less from 13.81 million shares in 2018Q2 were reported. Goldman Sachs Group Inc holds 167,468 shares. Moreover, State Of Tennessee Treasury Department has 0.05% invested in Applied Optoelectronics, Inc. (NASDAQ:AAOI) for 444,797 shares. Alpine Woods Capital Ltd Com holds 0.16% or 31,170 shares. Geode Capital Mgmt Ltd Llc has 0% invested in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Fmr Llc stated it has 5,900 shares. Virtu Fincl Limited Co reported 15,502 shares stake. Tci Wealth Advsrs stated it has 24 shares. Oz Management LP stated it has 0.02% of its portfolio in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Citigroup Inc stated it has 0% in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Louisiana State Employees Retirement Systems owns 8,200 shares. Ledyard Bank reported 540 shares. Barclays Public Ltd Com holds 0.01% or 415,264 shares in its portfolio. State Board Of Administration Of Florida Retirement has invested 0% in Applied Optoelectronics, Inc. (NASDAQ:AAOI). Raymond James Svcs Incorporated, Florida-based fund reported 45,521 shares. Thrivent Fin For Lutherans holds 13,708 shares.

Since August 31, 2018, it had 0 insider purchases, and 3 insider sales for $521,196 activity. $173,732 worth of McKesson Corporation (NYSE:MCK) was sold by COLES N ANTHONY. JACOBS M CHRISTINE also sold $173,732 worth of McKesson Corporation (NYSE:MCK) on Friday, August 31.

Keybank National Association, which manages about $17.99B US Long portfolio, upped its stake in Huntington Ingalls Inds Inc (NYSE:HII) by 2,303 shares to 5,097 shares, valued at $1.31 million in 2018Q3, according to the filing. It also increased its holding in Cigna Corporation (NYSE:CI) by 3,626 shares in the quarter, for a total of 145,487 shares, and has risen its stake in Pimco Etf Tr (MINT).

Investors sentiment decreased to 0.71 in Q3 2018. Its down 0.34, from 1.05 in 2018Q2. It dropped, as 59 investors sold MCK shares while 296 reduced holdings. 76 funds opened positions while 176 raised stakes. 162.62 million shares or 5.64% less from 172.34 million shares in 2018Q2 were reported. The New York-based Allsquare Wealth Management Limited Liability Com has invested 0.01% in McKesson Corporation (NYSE:MCK). Northcoast Asset Limited Liability Com has 4,215 shares. Regentatlantic Cap Ltd Company has invested 0.03% in McKesson Corporation (NYSE:MCK). Van Eck Assocs invested in 402,265 shares. Sector Pension Board reported 9,381 shares. Madison Investment Hldg Inc holds 18,793 shares. Boys Arnold & holds 0.07% or 3,779 shares. Great West Life Assurance Comm Can invested in 391,907 shares. Peoples Financial Service Corp holds 0.01% in McKesson Corporation (NYSE:MCK) or 100 shares. The Kansas-based Kwmg Limited Co has invested 0% in McKesson Corporation (NYSE:MCK). Clear Harbor Asset Mngmt, New York-based fund reported 8,685 shares. Moreover, Mitsubishi Ufj Trust Banking Corp has 0.08% invested in McKesson Corporation (NYSE:MCK) for 160,322 shares. Renaissance Techs Limited Liability Corp reported 699,400 shares. Osborne Partners Capital Mngmt Ltd Liability invested in 38,819 shares. Vantage Invest Ltd Liability Company has 0.01% invested in McKesson Corporation (NYSE:MCK) for 275 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 90 analyst reports since July 31, 2015 according to SRatingsIntel. Jefferies maintained the shares of MCK in report on Wednesday, October 18 with “Hold” rating. The rating was maintained by Needham on Monday, October 30 with “Buy”. Jefferies upgraded the stock to “Buy” rating in Wednesday, January 24 report. Mizuho maintained McKesson Corporation (NYSE:MCK) rating on Wednesday, January 24. Mizuho has “Hold” rating and $186.0 target. The rating was maintained by Mizuho on Tuesday, October 27 with “Buy”. Barclays Capital maintained McKesson Corporation (NYSE:MCK) rating on Friday, October 26. Barclays Capital has “Equal-Weight” rating and $136 target. The firm earned “Neutral” rating on Thursday, October 6 by UBS. The company was maintained on Wednesday, January 17 by Robert W. Baird. The stock has “Overweight” rating by JP Morgan on Friday, July 27. The firm has “Sell” rating given on Thursday, November 9 by Credit Suisse.

Analysts await McKesson Corporation (NYSE:MCK) to report earnings on February, 7. They expect $3.17 EPS, down 7.04% or $0.24 from last year’s $3.41 per share. MCK’s profit will be $619.35M for 9.64 P/E if the $3.17 EPS becomes a reality. After $3.60 actual EPS reported by McKesson Corporation for the previous quarter, Wall Street now forecasts -11.94% negative EPS growth.

McKesson Corporation (NYSE:MCK) Institutional Positions Chart

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