<div id="readability-page-1"><p>First Community Trust NA lowered its position in  McKesson Corporation (NYSE:MCK - Free Report) by 93.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 125 shares of the company's stock after selling 1,800 shares during the quarter. First Community Trust NA's holdings in McKesson were worth $97,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>More Than Yield: 5 Stocks Beating the Market and Hiking Dividends</li></ul><p>A number of other institutional investors have also recently added to or reduced their stakes in the company. Solstein Capital LLC raised its holdings in shares of  McKesson by 171.4% in the 2nd quarter. Solstein Capital LLC now owns 38 shares of the company's stock worth $28,000 after purchasing an additional 24 shares during the period.  State of Wyoming acquired a new stake in  McKesson during the 2nd quarter worth approximately $29,000.  GFG Capital LLC purchased a new position in  McKesson in the second quarter valued at approximately $30,000.  Saudi Central Bank acquired a new position in  McKesson during the first quarter valued at approximately $34,000.  Finally, Delos Wealth Advisors LLC acquired a new position in  McKesson during the second quarter valued at approximately $35,000. Hedge funds and other institutional investors own  85.07% of the company's stock. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities analysts have recently commented on the stock. Zacks Research downgraded shares of McKesson from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 25th. Cowen  reissued a &#34;buy&#34; rating on shares of McKesson in a research report on Wednesday, September 24th. UBS Group upped their target price on McKesson from $920.00 to $980.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, November 6th. TD Cowen increased their target price on McKesson from $830.00 to $864.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, September 24th. Finally, Wall Street Zen lowered McKesson from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, November 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued  a Buy rating and four have issued  a Hold rating to the stock. According to data from MarketBeat.com, the stock  has an average rating of &#34;Moderate Buy&#34; and an average price target of $892.86.</p><ul><li>3 Safe Dividend Stocks as Investors Seek to Reset Diversification</li></ul><p><b>Read Our Latest Analysis on MCK</b></p><h2>McKesson Price Performance</h2><p>Shares of McKesson stock opened at $809.51 on Wednesday. McKesson Corporation has a 1-year low of $558.13 and a 1-year high of $895.58. The company has a market capitalization of $99.92 billion, a PE ratio of 25.19, a P/E/G ratio of 1.35 and a beta of 0.38. The business has a 50-day moving average of $823.03 and a 200-day moving average of $749.98. </p><ul><li> 3 Stocks to Consider With a Possible Recession on the Table</li></ul><p>McKesson (NYSE:MCK - Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $9.86 EPS for the quarter, topping the consensus estimate of $8.84 by $1.02. McKesson had a negative return on equity of 248.14% and a net margin of 1.04%.The business had revenue of $103.15 billion for the quarter, compared to analysts' expectations of $103.80 billion. During the same quarter in the previous year, the firm posted $7.07 earnings per share. The company's revenue was up 10.2% compared to the same quarter last year.  On average, equities analysts expect that  McKesson Corporation will post 32.77 earnings per share for the current fiscal year. </p><h2>McKesson Announces Dividend</h2><p>The business also recently declared a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 1st will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Monday, December 1st. This represents a $3.28 dividend on an annualized basis and a dividend yield of 0.4%. McKesson's dividend payout ratio (DPR) is presently 10.21%. </p><h2>Insider Activity</h2><p>In related news, CAO Napoleon B. Rutledge, Jr. sold 329 shares of the company's stock in a transaction on Friday, November 7th. The shares were sold at an average price of $861.63, for a total value of $283,476.27. Following the sale, the chief accounting officer directly owned 328 shares of the company's stock, valued at $282,614.64. This represents a 50.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own  0.08% of the company's stock. </p><h2>McKesson Company Profile</h2> (Free Report)<p>McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, Prescription Technology Solutions (RxTS), Medical-Surgical Solutions, and International. The U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar and over-the-counter pharmaceutical drugs, and other healthcare-related products.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than McKesson</li><li>What is a buyback in stocks? A comprehensive guide for investors</li><li>Why Taiwan Semiconductor's 6.5% Dip Could Be a Smart Buy</li><li>Stock Splits, Do They Really Impact Investors?</li><li>RTX Surges to Record Highs as Defense Orders Explode</li><li>Consumer Discretionary Stocks Explained</li><li>Smart Money Is Buying Auto Suppliers, Not Car Brands</li></ul><p><strong>Want to see what other hedge funds are holding MCK?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for McKesson Corporation (NYSE:MCK - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1DSw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1DSw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in McKesson Right Now?</h2><p>Before you consider McKesson, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and McKesson wasn't on the list.</p><p>While McKesson currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FCCO

<p>First Community Trust NA significantly reduced its stake in McKesson Corporation by 93.5% in the third quarter. Other institutional investors have adjusted their positions in McKesson, with some increasing their holdings. Analysts have mixed ratings on McKesson, with a consensus of 'Moderate Buy' and an average price target of $892.86. McKesson's recent earnings exceeded expectations, and the company announced a quarterly dividend of $0.82 per share. Insider trading activity was also reported.</p>

McKesson Corporation $MCK Shares Sold by First Community Trust NA