Mcdonalds Corp (MCD) Share Value Declined While Andra Ap-Fonden Trimmed Stake by $4.01 Million

May 16, 2018 - By Peter Erickson

McDonald's Corporation (NYSE:MCD) LogoInvestors sentiment increased to 0.88 in 2017 Q4. Its up 0.11, from 0.77 in 2017Q3. It improved, as 54 investors sold MCD shares while 601 reduced holdings. 125 funds opened positions while 451 raised stakes. 518.42 million shares or 0.36% less from 520.27 million shares in 2017Q3 were reported. Hs Prtnrs Ltd Com reported 1.38 million shares. Winfield Associate Inc reported 1,109 shares or 0.1% of all its holdings. 1,852 were reported by Shikiar Asset. Capital Fund Sa reported 0.57% stake. Bank Of America Corp De holds 0.39% of its portfolio in McDonald's Corporation (NYSE:MCD) for 13.37 million shares. Drw Securities invested in 11,184 shares. Cornerstone Cap Mgmt Hldgs Limited Liability Corporation has 0.26% invested in McDonald's Corporation (NYSE:MCD) for 212,855 shares. Credit Suisse Ag has invested 0.32% in McDonald's Corporation (NYSE:MCD). Omers Administration Corporation holds 0.07% or 40,400 shares in its portfolio. Steinberg Glob Asset Mngmt stated it has 0.06% in McDonald's Corporation (NYSE:MCD). Ltd Ca has invested 0.22% in McDonald's Corporation (NYSE:MCD). Wendell David has 80,260 shares. Vestor Capital Limited Liability accumulated 48,825 shares. Swift Run Cap Mgmt Limited Company has 0.32% invested in McDonald's Corporation (NYSE:MCD) for 3,000 shares. Peoples Fincl Corporation invested in 21,398 shares or 2.02% of the stock.

Since January 31, 2018, it had 0 insider buys, and 4 sales for $11.52 million activity. 18,636 shares valued at $3.09M were sold by OZAN KEVIN M on Tuesday, May 1. 34,575 McDonald's Corporation (NYSE:MCD) shares with value of $6.00 million were sold by GOARE DOUGLAS M.

Andra Ap-Fonden decreased its stake in Mcdonalds Corp (MCD) by 9.39% based on its latest 2017Q4 regulatory filing with the SEC. Andra Ap-Fonden sold 23,327 shares as the company’s stock declined 8.13% with the market. The institutional investor held 225,200 shares of the restaurants company at the end of 2017Q4, valued at $38.76M, down from 248,527 at the end of the previous reported quarter. Andra Ap-Fonden who had been investing in Mcdonalds Corp for a number of months, seems to be less bullish one the $127.88B market cap company. The stock decreased 0.12% or $0.19 during the last trading session, reaching $162.87. About 2.40M shares traded. McDonald's Corporation (NYSE:MCD) has risen 21.62% since May 16, 2017 and is uptrending. It has outperformed by 10.07% the S&P500.

Andra Ap-Fonden, which manages about $4.40 billion US Long portfolio, upped its stake in Fiserv Inc (NASDAQ:FISV) by 28,600 shares to 139,600 shares, valued at $18.31 million in 2017Q4, according to the filing. It also increased its holding in Lockheed Martin Corp (NYSE:LMT) by 48,130 shares in the quarter, for a total of 99,600 shares, and has risen its stake in Coca Cola Co (NYSE:KO).

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on July, 24. They expect $1.93 earnings per share, up 11.56 % or $0.20 from last year’s $1.73 per share. MCD’s profit will be $1.52 billion for 21.10 P/E if the $1.93 EPS becomes a reality. After $1.79 actual earnings per share reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts 7.82 % EPS growth.

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Seekingalpha.com which released: “McDonald’s Doesn’t Sell Hamburgers” on April 24, 2018, also 247Wallst.com with their article: “Is Starbucks Still at War With McDonald’s?” published on April 27, 2018, 247Wallst.com published: “Apple, McDonald’s, Pfizer and Other Dow Earnings Coming This Week” on April 29, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Fool.com and their article: “2 Big Ways McDonald’s Has Changed in the Last 5 Years” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “McDonald’s Beats Earnings, But What’s Next?” with publication date: May 02, 2018.

McDonald's Corporation (NYSE:MCD) Ratings Coverage

Among 24 analysts covering McDonald’s Corp (NYSE:MCD), 17 have Buy rating, 0 Sell and 7 Hold. Therefore 71% are positive. McDonald’s Corp had 44 analyst reports since November 29, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, January 30 by Stephens. Citigroup maintained the stock with “Neutral” rating in Tuesday, February 6 report. The firm has “Buy” rating by Jefferies given on Tuesday, December 5. The firm earned “Equal-Weight” rating on Monday, March 26 by Morgan Stanley. BTIG Research maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, January 30. BTIG Research has “Buy” rating and $200.0 target. The company was maintained on Wednesday, April 18 by Stifel Nicolaus. Tigress Financial maintained the shares of MCD in report on Wednesday, November 29 with “Hold” rating. The company was maintained on Wednesday, January 31 by Nomura. Credit Suisse upgraded the stock to “Buy” rating in Friday, February 2 report. The firm earned “Buy” rating on Monday, March 5 by Bank of America.

McDonald's Corporation (NYSE:MCD) Institutional Positions Chart

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