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McKesson (NYSE:MCK) Director Marie L/Ca Knowles unloaded 785 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $192.10, for a total transaction of $150,798.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

A number of analysts have recently weighed in on MCK shares. Analysts at Credit Suisse reiterated an “outperform” rating on shares of McKesson in a research note on Monday. They now have a $220.00 price target on the stock, up previously from $200.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of McKesson in a research note on Friday, August 1st. They now have a $201.00 price target on the stock. Finally, analysts at Leerink Swann raised their price target on shares of McKesson from $205.00 to $220.00 in a research note on Friday, August 1st. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. McKesson has an average rating of “Buy” and a consensus target price of $209.06.

McKesson (NYSE:MCK) traded down 0.71% during mid-day trading on Wednesday, hitting $190.44. The stock had a trading volume of 1,022,691 shares. McKesson has a 1-year low of $120.17 and a 1-year high of $196.44. The stock’s 50-day moving average is $189.3 and its 200-day moving average is $179.8. The company has a market cap of $44.106 billion and a price-to-earnings ratio of 36.05.

McKesson (NYSE:MCK) last released its earnings data on Thursday, July 31st. The company reported $2.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.36 by $0.13. The company had revenue of $44.06 billion for the quarter, compared to the consensus estimate of $40.65 billion. During the same quarter last year, the company posted $2.07 earnings per share. McKesson’s revenue was up 36.7% compared to the same quarter last year. On average, analysts predict that McKesson will post $10.78 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Wednesday, October 1st. Stockholders of record on Tuesday, September 2nd will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Thursday, August 28th.

McKesson Corporation delivers pharmaceuticals, medical supplies and healthcare information technologies.

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