McDonald's Corporation (MCD) : Capstone Financial Advisors scooped up 25,304 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 9, 2016. The investment management firm now holds a total of 119,676 shares of McDonald's Corporation which is valued at $15,417,859.McDonald's Corporation makes up approximately 6.15% of Capstone Financial Advisors’s portfolio.
Other Hedge Funds, Including , Investors Capital Advisory Services boosted its stake in MCD in the latest quarter, The investment management firm added 553 additional shares and now holds a total of 11,069 shares of McDonald's Corporation which is valued at $1,426,019. McDonald's Corporation makes up approx 0.29% of Investors Capital Advisory Services’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 $19,299,724. McDonald's Corporation makes up approx 0.92% of Quantitative Investment Management’s portfolio.Tocqueville Asset Management reduced its stake in MCD by selling 39,973 shares or 5.98% in the most recent quarter. The Hedge Fund company now holds 628,344 shares of MCD which is valued at $79,479,233. McDonald's Corporation makes up approx 1.02% of Tocqueville Asset Management’s portfolio.Spectrum Management Group boosted its stake in MCD in the latest quarter, The investment management firm added 1,240 additional shares and now holds a total of 1,473 shares of McDonald's Corporation which is valued at $186,320. McDonald's Corporation makes up approx 0.07% of Spectrum Management Group’s portfolio.Tirschwell Loewy Inc reduced its stake in MCD by selling 1,475 shares or 11.68% in the most recent quarter. The Hedge Fund company now holds 11,150 shares of MCD which is valued at $1,410,364. McDonald's Corporation makes up approx 0.25% of Tirschwell Loewy Inc’s portfolio.
McDonald's Corporation closed down -1.29 points or -0.99% at $128.83 with 65,68,694 shares getting traded on Friday. Post opening the session at $129.74, the shares hit an intraday low of $128.71 and an intraday high of $130.16 and the price fluctuated in this range throughout the day.Shares ended Friday 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. 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 .
McDonalds Corporation operates and franchises McDonalds restaurants. McDonalds 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 Companys operations in Canada and Latin America as well as its Corporate activities are reported under Other Countries & Corporate. The Companys 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. McDonalds franchised restaurants are owned and operated under one of the following structures: conventional franchise developmental license or affiliate.