Cwm buys $15,711,471 stake in McDonald's Corporation (MCD)

McDonald's Corporation (MCD) : Cwm scooped up 2,386 additional shares in McDonald's Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 18, 2016. The investment management firm now holds a total of 125,191 shares of McDonald's Corporation which is valued at $15,711,471.McDonald's Corporation makes up approximately 1.36% of Cwm’s portfolio.

McDonald's Corporation closed down -0.29 points or -0.23% at $125.5 with 93,11,250 shares getting traded on Friday. Post opening the session at $128.17, the shares hit an intraday low of $125.36 and an intraday high of $128.4 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Other Hedge Funds, Including , Somerset Group reduced its stake in MCD by selling 650 shares or 12.38% in the most recent quarter. The Hedge Fund company now holds 4,599 shares of MCD which is valued at $577,175. McDonald's Corporation makes up approx 0.61% of Somerset Group’s portfolio.Bremer Trust National Association boosted its stake in MCD in the latest quarter, The investment management firm added 340 additional shares and now holds a total of 10,394 shares of McDonald's Corporation which is valued at $1,328,145. McDonald's Corporation makes up approx 0.38% of Bremer Trust National Association’s portfolio.North American Management Corp reduced its stake in MCD by selling 2,677 shares or 3.85% in the most recent quarter. The Hedge Fund company now holds 66,846 shares of MCD which is valued at $8,541,582. McDonald's Corporation makes up approx 1.38% of North American Management Corp’s portfolio.Lgt Capital Partners Ltd. boosted its stake in MCD in the latest quarter, The investment management firm added 28,510 additional shares and now holds a total of 111,610 shares of McDonald's Corporation which is valued at $14,236,972. McDonald's Corporation makes up approx 2.57% of Lgt Capital Partners Ltd.’s portfolio.Partnerre Asset Management Corp reduced its stake in MCD by selling 100 shares or 1.61% in the most recent quarter. The Hedge Fund company now holds 6,092 shares of MCD which is valued at $777,096. McDonald's Corporation makes up approx 0.41% of Partnerre Asset Management Corp’s portfolio.

On the company’s financial health, McDonald's Corporation reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Apr 22, 2016. Analyst had a consensus of $1.17. The company had revenue of $5904.00 million for the quarter, compared to analysts expectations of $5821.41 million. The company’s revenue was down -.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.01 EPS.

Many Wall Street Analysts have commented on McDonald's Corporation. McDonald's Corporation was Resumed by Credit Agricole to “Underperform” on Apr 13, 2016. Company shares were Reiterated by Credit Suisse on Mar 29, 2016 to “Outperform”, Firm has raised the Price Target to $ 135 from a previous price target of $130 .McDonald's Corporation was Initiated by Longbow to “Neutral” on Mar 18, 2016.

McDonald’s Corporation operates and franchises McDonald’s restaurants. McDonald’s global system comprises both Company-owned and franchised restaurants. The Company manages its business as distinct geographic segments: the United States (U.S.); Europe and Asia/Pacific Middle East and Africa (APMEA). The Company’s operations in Canada and Latin America as well as its Corporate activities are reported under Other Countries & Corporate. The Company’s restaurants offer a substantially uniform menu including hamburgers and cheeseburgers Big Mac Quarter Pounder with Cheese Filet-O-Fish several chicken sandwiches Chicken McNuggets wraps French fries salads oatmeal shakes McFlurry desserts sundaes soft serve cones pies soft drinks coffee McCafe beverages and other beverages. McDonald’s franchised restaurants are owned and operated under one of the following structures: conventional franchise developmental license or affiliate.

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