Willingdon Wealth Management buys $3,555,880 stake in McDonald's Corporation (MCD)

McDonald's Corporation (MCD) : Willingdon Wealth Management scooped up 4,148 additional shares in McDonald's Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 27,724 shares of McDonald's Corporation which is valued at $3,555,880.McDonald's Corporation makes up approximately 1.76% of Willingdon Wealth Management’s portfolio.

Other Hedge Funds, Including , Rockefeller Financial Services Inc boosted its stake in MCD in the latest quarter, The investment management firm added 6,873 additional shares and now holds a total of 23,595 shares of McDonald's Corporation which is valued at $3,026,295. McDonald's Corporation makes up approx 0.06% of Rockefeller Financial Services Inc’s portfolio.First Quadrant L Pca reduced its stake in MCD by selling 85,400 shares or 68.43% in the most recent quarter. The Hedge Fund company now holds 39,400 shares of MCD which is valued at $4,966,764. McDonald's Corporation makes up approx 0.11% of First Quadrant L Pca’s portfolio. Gwm Advisors added MCD to its portfolio by purchasing 4,146 company shares during the most recent quarter which is valued at $513,275. McDonald's Corporation makes up approx 0.21% of Gwm Advisors’s portfolio.Nn Investment Partners Holdings N.v. boosted its stake in MCD in the latest quarter, The investment management firm added 607,056 additional shares and now holds a total of 1,161,699 shares of McDonald's Corporation which is valued at $142,679,871. McDonald's Corporation makes up approx 1.31% of Nn Investment Partners Holdings N.v.’s portfolio.

McDonald's Corporation closed down -0.44 points or -0.35% at $126.06 with 33,53,313 shares getting traded on Wednesday. Post opening the session at $126.84, the shares hit an intraday low of $125.56 and an intraday high of $126.87 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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 Downgraded by Nomura to ” Neutral” on Jun 22, 2016. 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 .

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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