Elm Advisors buys $629,317 stake in McDonald's Corporation (MCD)

McDonald's Corporation (MCD) : Elm Advisors scooped up 450 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 11, 2016. The investment management firm now holds a total of 4,925 shares of McDonald's Corporation which is valued at $629,317.McDonald's Corporation makes up approximately 0.60% of Elm Advisors’s portfolio.

McDonald's Corporation opened for trading at $127.08 and hit $128.04 on the upside on Friday, eventually ending the session at $127.78, with a gain of 0.21% or 0.27 points. The heightened volatility saw the trading volume jump to 31,03,785 shares. Company has a market cap of $115,207 M.

Other Hedge Funds, Including , Livforsakringsbolaget Skandia Omsesidigt reduced its stake in MCD by selling 3,200 shares or 3.14% in the most recent quarter. The Hedge Fund company now holds 98,795 shares of MCD which is valued at $12,624,025. McDonald's Corporation makes up approx 0.59% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio.Iowa State Bank boosted its stake in MCD in the latest quarter, The investment management firm added 23 additional shares and now holds a total of 23,258 shares of McDonald's Corporation which is valued at $2,966,790. McDonald's Corporation makes up approx 1.69% of Iowa State Bank’s portfolio.Vigilant Capital Management reduced its stake in MCD by selling 850 shares or 69.11% in the most recent quarter. The Hedge Fund company now holds 380 shares of MCD which is valued at $48,473. McDonald's Corporation makes up approx 0.01% of Vigilant Capital Management’s portfolio.Ct Financial Advisors boosted its stake in MCD in the latest quarter, The investment management firm added 129 additional shares and now holds a total of 22,632 shares of McDonald's Corporation which is valued at $2,886,938. McDonald's Corporation makes up approx 1.68% of Ct Financial Advisors’s portfolio.First Financial Bank N.a. – Trust Division reduced its stake in MCD by selling 394 shares or 1.21% in the most recent quarter. The Hedge Fund company now holds 32,250 shares of MCD which is valued at $4,113,810. McDonald's Corporation makes up approx 0.82% of First Financial Bank N.a. – Trust Division’s portfolio.

On the company’s financial health, McDonald's Corporation reported $1.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.08 according to the earnings call on Jan 25, 2016. Analyst had a consensus of $1.23. The company had revenue of $6341.30 million for the quarter, compared to analysts expectations of $6237.46 million. The company’s revenue was down -3.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.22 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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