Mutual Of America Capital Management buys $15,366,069 stake in McDonald's Corporation (MCD)

McDonald's Corporation (MCD) : Mutual Of America Capital Management scooped up 49 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 10, 2016. The investment management firm now holds a total of 119,274 shares of McDonald's Corporation which is valued at $15,366,069.McDonald's Corporation makes up approximately 0.34% of Mutual Of America Capital Management’s portfolio.

Other Hedge Funds, Including , Forsta Ap-fonden sold out all of its stake in MCD during the most recent quarter. The investment firm sold 165,553 shares of MCD which is valued $21,328,193.Psagot Investment House Ltd. reduced its stake in MCD by selling 2,680 shares or 20.39% in the most recent quarter. The Hedge Fund company now holds 10,461 shares of MCD which is valued at $1,347,691. McDonald's Corporation makes up approx 0.06% of Psagot Investment House Ltd.’s portfolio.Edmp reduced its stake in MCD by selling 110 shares or 1.96% in the most recent quarter. The Hedge Fund company now holds 5,505 shares of MCD which is valued at $718,843. McDonald's Corporation makes up approx 0.69% of Edmp’s portfolio.Candriam Luxembourg S.c.a. boosted its stake in MCD in the latest quarter, The investment management firm added 18,516 additional shares and now holds a total of 114,967 shares of McDonald's Corporation which is valued at $14,542,176. McDonald's Corporation makes up approx 0.36% of Candriam Luxembourg S.c.a.’s portfolio.

McDonald's Corporation opened for trading at $128.51 and hit $129.73 on the upside on Monday, eventually ending the session at $129.64, with a gain of 0.63% or 0.81 points. The heightened volatility saw the trading volume jump to 43,43,605 shares. Company has a market cap of $113,805 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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