As Mcdonalds Corp (MCD) Market Value Declined, Schwab Charles Investment Management INC Has Lifted by $21.91 Million Its Stake

April 17, 2018 - By Clifton Ray

McDonald's Corporation (NYSE:MCD) LogoInvestors sentiment increased to 0.88 in 2017 Q4. Its up 0.11, from 0.77 in 2017Q3. It is positive, as 54 investors sold MCD shares while 601 reduced holdings. 125 funds opened positions while 451 raised stakes. 518.42 million shares or 0.36% less from 520.27 million shares in 2017Q3 were reported. Pinnacle Advisory Gp Inc owns 2,686 shares or 0.03% of their US portfolio. Leavell Mngmt has invested 0.79% in McDonald's Corporation (NYSE:MCD). Quinn Opportunity Prns Llc has 0.07% invested in McDonald's Corporation (NYSE:MCD) for 2,600 shares. Nomura Asset Comm has 145,947 shares for 0.29% of their portfolio. Adage Capital Group Ltd Liability has 0.52% invested in McDonald's Corporation (NYSE:MCD). Iowa Bankshares holds 1.83% or 23,555 shares in its portfolio. Gould Asset Ltd Liability Corporation Ca has invested 1.03% of its portfolio in McDonald's Corporation (NYSE:MCD). Fin And Investment Group owns 4,336 shares. Dowling & Yahnke Limited Company holds 0.81% or 52,252 shares in its portfolio. Tradewinds Mngmt Limited Liability Company holds 1,202 shares or 0.1% of its portfolio. Moreover, Norinchukin Bancorp The has 0.61% invested in McDonald's Corporation (NYSE:MCD). Livforsakringsbolaget Skandia Omsesidigt has 12,269 shares for 0.2% of their portfolio. Sigma Planning Corporation owns 0.27% invested in McDonald's Corporation (NYSE:MCD) for 20,198 shares. Halsey Assoc Inc Ct, Connecticut-based fund reported 8,580 shares. Spinnaker Trust holds 0.25% of its portfolio in McDonald's Corporation (NYSE:MCD) for 12,705 shares.

Since October 25, 2017, it had 0 insider buys, and 3 sales for $7.57 million activity. GOARE DOUGLAS M sold $6.00M worth of stock or 34,575 shares. Another trade for 1,398 shares valued at $238,415 was made by Hoovel Catherine A. on Wednesday, January 31.

Schwab Charles Investment Management Inc increased its stake in Mcdonalds Corp (MCD) by 3.1% based on its latest 2017Q4 regulatory filing with the SEC. Schwab Charles Investment Management Inc bought 127,357 shares as the company’s stock declined 8.13% with the market. The institutional investor held 4.23 million shares of the restaurants company at the end of 2017Q4, valued at $728.80M, up from 4.11M at the end of the previous reported quarter. Schwab Charles Investment Management Inc who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $128.29 billion market cap company. The stock increased 0.97% or $1.57 during the last trading session, reaching $163.2. About 951,442 shares traded. McDonald's Corporation (NYSE:MCD) has risen 21.62% since April 17, 2017 and is uptrending. It has outperformed by 10.07% the S&P500.

Schwab Charles Investment Management Inc, which manages about $126.11 billion US Long portfolio, decreased its stake in Spectrum Brands Hldgs Inc (NYSE:SPB) by 79,985 shares to 406,615 shares, valued at $45.76M in 2017Q4, according to the filing. It also reduced its holding in Weight Watchers Intl Inc New (NYSE:WTW) by 93,596 shares in the quarter, leaving it with 331,538 shares, and cut its stake in Lear Corp (NYSE:LEA).

McDonald's Corporation (NYSE:MCD) Ratings Coverage

Among 23 analysts covering McDonald’s (NYSE:MCD), 16 have Buy rating, 0 Sell and 7 Hold. Therefore 70% are positive. McDonald’s has $205.0 highest and $169 lowest target. $187.38’s average target is 14.82% above currents $163.2 stock price. McDonald’s had 45 analyst reports since October 18, 2017 according to SRatingsIntel. The rating was maintained by Canaccord Genuity on Friday, January 5 with “Hold”. As per Friday, March 16, the company rating was maintained by Jefferies. The stock has “Equal-Weight” rating by Stephens on Monday, April 16. The rating was maintained by Robert W. Baird with “Buy” on Tuesday, January 30. The stock of McDonald's Corporation (NYSE:MCD) has “Buy” rating given on Tuesday, January 30 by BTIG Research. The stock of McDonald's Corporation (NYSE:MCD) has “Outperform” rating given on Wednesday, October 25 by Robert W. Baird. BMO Capital Markets maintained McDonald's Corporation (NYSE:MCD) rating on Wednesday, January 31. BMO Capital Markets has “Buy” rating and $190.0 target. Robert W. Baird maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, January 23. Robert W. Baird has “Buy” rating and $190.0 target. Piper Jaffray maintained it with “Buy” rating and $185.0 target in Thursday, December 14 report. The rating was maintained by Oppenheimer on Tuesday, January 30 with “Hold”.

McDonald's Corporation (NYSE:MCD) Institutional Positions Chart

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