R. G. Niederhoffer Capital Management Inc adds McDonald's Corporation (MCD) to its portfolio

McDonald's Corporation (MCD) : R. G. Niederhoffer Capital Management Inc added new position in McDonald's Corporation during the most recent quarter end. The investment management firm now holds 3,700 shares of McDonald's Corporation which is valued at $476,671 , the company said in a statement filed on May 11, 2016 with the SEC.McDonald's Corporation makes up approximately 3.57% of R. G. Niederhoffer Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Intrust Bank Na boosted its stake in MCD in the latest quarter, The investment management firm added 142 additional shares and now holds a total of 10,400 shares of McDonald's Corporation which is valued at $1.4 Million. McDonald's Corporation makes up approx 0.50% of Intrust Bank Na’s portfolio. Quantitative Investment Management added MCD to its portfolio by purchasing 147,800 company shares during the most recent quarter which is valued at $19.3 Million. McDonald's Corporation makes up approx 0.92% of Quantitative Investment Management’s portfolio.1st Source Bank boosted its stake in MCD in the latest quarter, The investment management firm added 1,270 additional shares and now holds a total of 53,538 shares of McDonald's Corporation which is valued at $6.8 Million. McDonald's Corporation makes up approx 0.73% of 1st Source Bank’s portfolio.

McDonald's Corporation opened for trading at $128.51 and hit $129.73 on the upside on Monday, eventually ending the session at $129.64, with a gain of 0.63% or 0.81 points. The heightened volatility saw the trading volume jump to 43,43,605 shares. Company has a market cap of $113,805 M.

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. Company shares were Reiterated by Deutsche Bank on Apr 25, 2016 to “Buy”, Firm has raised the Price Target to $ 140 from a previous price target of $135 .Company shares were Reiterated by RBC Capital Mkts on Apr 25, 2016 to “Outperform”, Firm has raised the Price Target to $ 140 from a previous price target of $135 .Company shares were Reiterated by Nomura on Apr 25, 2016 to “Buy”, Firm has raised the Price Target to $ 142 from a previous price target of $138 .

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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