Inc. Trims Stake in McDonald's Co. (MCD)

Postado Abril 15, 2018

The institutional investor held 15,457 shares of the industrial machinery and components company at the end of 2017Q4, valued at $1.28M, up from 8,397 at the end of the previous reported quarter. Deutsche Financial Bank Ag reported 117,112 shares. Since April 15, 2017 MCD has risen 21.62% and is uptrending. It has outperformed by 10.07% the S&P500. Forest Hill Capital Llc sold 41,000 shares as the company's stock declined 10.69% with the market. The institutional investor held 51,215 shares of the technology company at the end of 2017Q4, valued at $4.51 million, up from 40,831 at the end of the previous reported quarter. Forest Hill Capital Llc who had been investing in Columbus Mckinnon Corp N Y for a number of months, seems to be less bullish one the $814.96M market cap company. The stock increased 0.40% or $0.65 during the last trading session, reaching $164.52. Penobscot Investment Management Company Inc. raised its position in shares of McDonald's Co.by 2.2% in the second quarter. It has outperformed by 1.48% the S&P500. It also increased its holding in Select Sector Spdr Tr (XLP) by 13,229 shares in the quarter, for a total of 61,198 shares, and has risen its stake in Vanguard Bd Index Fd Inc (BIV).

Since October 23, 2017, it had 0 insider buys, and 10 selling transactions for $37.02 million activity. $1.16M worth of stock was sold by HENSHALL DAVID J on Thursday, February 1.

Investors sentiment decreased to 0.93 in Q4 2017. It has change of 0.11, from 2017Q3's 0.77. (NYSE:MCD) to post earnings per share (EPS) of $1.67 for the current quarter, Zacks Investment Research reports. 216,649 were accumulated by Numeric Llc. The California-based Wealthfront has invested 0.02% in Danaher Corporation (NYSE:DHR). Envestnet Asset Mgmt has 5,937 shares. Blair William And Il reported 68,295 shares. Finally, Phocas Financial Corp. acquired a new position in shares of McDonald's in the 2nd quarter valued at $107,000. Telemus Capital Ltd accumulated 26,819 shares. Howe Rusling Incorporated reported 2,850 shares. First Personal Serv accumulated 1,227 shares. Credit Suisse has "Buy" rating and $7800 target. Denali Advsrs Ltd Liability holds 0% of its portfolio in AVX Corporation (NYSE:AVX) for 231 shares. Zacks Investment Research downgraded shares of McDonald's from a "hold" rating to a "sell" rating in a research note on Tuesday, April 3rd. Therefore 82% are positive. Facebook had 250 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Thursday, June 8 by Credit Suisse. The firm has "Buy" rating given on Monday, April 25 by BTIG Research. The stock of Schlumberger Limited (NYSE:SLB) earned "Equal-Weight" rating by Barclays Capital on Wednesday, October 25. Jefferies has "Buy" rating and $105.0 target. Credit Suisse maintained Schlumberger Limited (NYSE:SLB) rating on Monday, July 24. (NASDAQ:FB) has "Outperform" rating given on Thursday, November 3 by Wells Fargo. The firm has "Buy" rating given on Monday, March 5 by Bank of America.

A number of brokerages have recently issued reports on MCD. They expect $0.40 earnings per share, up 60.00% or $0.15 from last year's $0.25 per share. AVX's profit will be $31.99M for 22.42 P/E if the $0.19 EPS becomes a reality. After $0.44 actual earnings per share reported by Columbus McKinnon Corporation for the previous quarter, Wall Street now forecasts 13.64% EPS growth.

Total analysts of 23 have positions in McDonald's (NYSE:MCD) as follows: 17 rated it a "Buy", 0 with "Sell" and 6 with "Hold". Therefore 71% are positive. Citigroup maintained the shares of SLB in report on Wednesday, March 23 with "Buy" rating. On Thursday, December 14 the company was maintained by Piper Jaffray. JPMorgan Chase set a $184.00 price target on McDonald's and gave the company a "buy" rating in a report on Wednesday, January 31st.

In other McDonald's news, insider Douglas M. Goare sold 34,575 shares of McDonald's stock in a transaction dated Wednesday, January 31st. The company was maintained on Friday, October 20 by Robert W. Baird. The stock rating was maintained by Robert W. Baird with "Buy" on Tuesday, January 30. On Tuesday, January 30 the stock rating was maintained by Mizuho with "Buy". Royal Bank of Canada set a $190.00 price target on shares of McDonald's and gave the company a "buy" rating in a research report on Thursday, December 21st. Citigroup maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, September 13. Dimensional Fund Advsr Limited Partnership has invested 0.13% in McDonald's Corporation (NYSE:MCD). Pinebridge Investments Lp holds 1,960 shares or 0.01% of its portfolio. MCD's profit would be $1.33 billion giving it 24.21 P/E if the $1.67 EPS is correct.

Welch Group Llc, which manages about $645.12 million and $644.64 million US Long portfolio, upped its stake in A T & T Inc New (NYSE:T) by 17,952 shares to 458,254 shares, valued at $17.82M in 2017Q4, according to the filing.

Griffin Asset Management Inc, which manages about $394.93 million and $561.95 million US Long portfolio, upped its stake in Target Corporation (NYSE:TGT) by 7,212 shares to 76,951 shares, valued at $5.02 million in 2017Q4, according to the filing. It also increased its holding in Sanchez Energy Corp. (NYSE:MCD) in the 4th quarter, according to its most recent 13F filing with the SEC.

Investors sentiment decreased to 0.66 in 2017 Q4. Its up 0.11, from 0.77 in 2017Q3. It is negative, as 90 investors sold SLB shares while 672 reduced holdings. 451 rose positions while 125 funds took positions. The fast-food giant reported $1.44 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.41 by $0.03. Dillon & Assoc invested 1.48% in McDonald's Corporation (NYSE:MCD). The firm has "Hold" rating by Canaccord Genuity given on Friday, January 5.

TRADEMARK VIOLATION WARNING: "1,595 Shares in McDonald's Co". Trillium Asset Mngmt Ltd Company holds 0.47% or 96,263 shares. 162,195 are owned by Bridgeway Capital Management Inc. North Star Asset holds 2,490 shares. Regent Invest Mngmt Limited owns 2,579 shares. Water Island Capital Ltd Co has 0.03% invested in McDonald's Corporation (NYSE:MCD) for 2,375 shares. Davis holds 69,037 shares or 3.55% of its portfolio. Teachers Retirement Of The State Of Kentucky owns 87,000 shares.