British Airways Pensions Investment Management Ltd buys $52,222,729 stake in McDonald's Corporation (MCD)

McDonald's Corporation (MCD) : British Airways Pensions Investment Management Ltd scooped up 237,939 additional shares in McDonald's Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 399,929 shares of McDonald's Corporation which is valued at $52,222,729.McDonald's Corporation makes up approximately 1.62% of British Airways Pensions Investment Management Ltd’s portfolio.

Other Hedge Funds, Including , Compass Capital Management Inc boosted its stake in MCD in the latest quarter, The investment management firm added 370 additional shares and now holds a total of 4,686 shares of McDonald's Corporation which is valued at $611,898. McDonald's Corporation makes up approx 0.12% of Compass Capital Management Inc’s portfolio.Beck Mack Oliver reduced its stake in MCD by selling 360 shares or 5.43% in the most recent quarter. The Hedge Fund company now holds 6,273 shares of MCD which is valued at $793,472. McDonald's Corporation makes up approx 0.03% of Beck Mack Oliver’s portfolio.Albert D Mason Inc reduced its stake in MCD by selling 45 shares or 0.2% in the most recent quarter. The Hedge Fund company now holds 21,979 shares of MCD which is valued at $2,780,124. McDonald's Corporation makes up approx 1.72% of Albert D Mason Inc’s portfolio.Private Trust Co Na boosted its stake in MCD in the latest quarter, The investment management firm added 322 additional shares and now holds a total of 21,171 shares of McDonald's Corporation which is valued at $2,656,961. McDonald's Corporation makes up approx 0.71% of Private Trust Co Na’s portfolio.Sigma Planning Corp reduced its stake in MCD by selling 5,460 shares or 20.05% in the most recent quarter. The Hedge Fund company now holds 21,772 shares of MCD which is valued at $2,732,386. McDonald's Corporation makes up approx 0.37% of Sigma Planning Corp’s portfolio.

McDonald's Corporation opened for trading at $130.85 and hit $131.96 on the upside on Tuesday, eventually ending the session at $131.6, with a gain of 0.59% or 0.77 points. The heightened volatility saw the trading volume jump to 40,82,597 shares. Company has a market cap of $115,526 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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