McDonald's Corporation (MCD) : Hanseatic Management Services Inc scooped up 11,924 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 40,292 shares of McDonald's Corporation which is valued at $5,261,329.McDonald's Corporation makes up approximately 1.92% of Hanseatic Management Services Inc’s portfolio.
Other Hedge Funds, Including , Middleton Co Incma reduced its stake in MCD by selling 204 shares or 2.99% in the most recent quarter. The Hedge Fund company now holds 6,614 shares of MCD which is valued at $863,656. McDonald's Corporation makes up approx 0.20% of Middleton Co Incma’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.Focused Investors reduced its stake in MCD by selling 44,000 shares or 3.39% in the most recent quarter. The Hedge Fund company now holds 1,253,100 shares of MCD which is valued at $158,504,619. McDonald's Corporation makes up approx 6.08% of Focused Investors’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 .
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.