Hyman Charles D buys $17,269,074 stake in McDonald's Corporation (MCD)

McDonald's Corporation (MCD) : Hyman Charles D scooped up 182 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 132,249 shares of McDonald's Corporation which is valued at $17,269,074.McDonald's Corporation makes up approximately 2.71% of Hyman Charles D’s portfolio.

Other Hedge Funds, Including , Geneva Advisors boosted its stake in MCD in the latest quarter, The investment management firm added 11,113 additional shares and now holds a total of 47,359 shares of McDonald's Corporation which is valued at $6,184,138. McDonald's Corporation makes up approx 0.12% of Geneva Advisors’s portfolio.Tokio Marine Asset Management Co Ltd boosted its stake in MCD in the latest quarter, The investment management firm added 3,046 additional shares and now holds a total of 33,148 shares of McDonald's Corporation which is valued at $4,328,466. McDonald's Corporation makes up approx 0.44% of Tokio Marine Asset Management Co Ltd’s portfolio.Oppenheimer Co Inc boosted its stake in MCD in the latest quarter, The investment management firm added 40 additional shares and now holds a total of 48,254 shares of McDonald's Corporation which is valued at $6,103,648. McDonald's Corporation makes up approx 0.18% of Oppenheimer Co Inc’s portfolio.Signalpoint Asset Management reduced its stake in MCD by selling 1,673 shares or 28.07% in the most recent quarter. The Hedge Fund company now holds 4,287 shares of MCD which is valued at $542,263. McDonald's Corporation makes up approx 0.23% of Signalpoint Asset Management’s portfolio.Ferguson Wellman Capital Management Inc reduced its stake in MCD by selling 956 shares or 1.99% in the most recent quarter. The Hedge Fund company now holds 46,972 shares of MCD which is valued at $5,894,986. McDonald's Corporation makes up approx 0.25% of Ferguson Wellman Capital Management Inc’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.

Leave a Reply

McDonald's Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on McDonald's Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.