Sandy Spring Bank Decreases Position in McDonald's Co. (MCD)

Marco Green
January 13, 2018

Following the sale, the vice president now directly owns 15,739 shares of the company's stock, valued at approximately $2,596,935. The hedge fund run by Dan Sobol held 40,000 shares of the real estate investment trusts company at the end of 2017Q3, valued at $2.36 million, down from 55,000 at the end of the previous reported quarter. The stock decreased 0.80% or $1.39 during the last trading session, reaching $172.12. Another trade for 10,793 shares valued at $1.67 million was made by Erlinger Joseph M. on Wednesday, August 9.

McDonald's (NYSE:MCD) last announced its quarterly earnings results on Tuesday, October 24th. It has outperformed by 1.55% the S&P500.

Simon decreased its stake in Cosan Ltd (CZZ) by 44.44% based on its latest 2017Q3 regulatory filing with the SEC. Howe & Rusling Inc. now owns 840 shares of the fast-food giant's stock worth $132,000 after purchasing an additional 360 shares in the last quarter. The institutional investor held 79,379 shares of the restaurants company at the end of 2017Q3, valued at $12.44 million, up from 65,700 at the end of the previous reported quarter. The stock increased 3.93% or $0.65 during the last trading session, reaching $17.2. About 73,339 shares traded or 21.09% up from the average. Rio Tinto plc (NYSE:RIO) has risen 43.73% since January 12, 2017 and is uptrending. Telsey Advisory Group maintained it with "Outperform" rating and $165 target in Thursday, June 1 report.

TRADEMARK VIOLATION WARNING: "McDonald's (NYSE:MCD) Given a $190.00 Price Target by Royal Bank of Canada Analysts" was reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. During the same quarter in the prior year, the firm earned $1.62 EPS. equities analysts expect that McDonald's Co. will post 6.53 earnings per share for the current year. PSX's profit will be $649.62 million for 20.50 P/E if the $1.27 EPS becomes a reality. After $1.76 actual earnings per share reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts -10.23% negative EPS growth.

Since August 9, 2017, it had 0 buys, and 3 sales for $3.75 million activity.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.39, from 1.41 in 2017Q2.

A number of institutional investors have recently bought and sold shares of the stock. Janus Henderson Group PLC grew its stake in shares of McDonald's by 3,951.0% during the 2nd quarter. Keybank Association Oh invested in 718,358 shares or 0.67% of the stock. The Moors & Cabot Inc holds 4,802 shares with $754,000 value, down from 7,467 last quarter. (NYSE:MFA). Susquehanna Gp Llp holds 0% or 444,029 shares. 29,451 are owned by Lynch & In. 5,445 were reported by Summit Financial Wealth Advsr Limited Liability. Cap One National Association holds 0.14% of its portfolio in McDonald's Corporation (NYSE:MCD) for 12,680 shares. Levin Cap Strategies Limited Partnership owns 365,749 shares.

Samlyn Capital Llc, which manages about $7.24 billion and $3.96B US Long portfolio, upped its stake in Lowes Cos Inc (NYSE:LOW) by 297,815 shares to 1.02M shares, valued at $81.55M in 2017Q3, according to the filing. Dowling Yahnke Limited Liability Company invested in 0.84% or 52,614 shares. Tudor Invest Et Al reported 0.03% stake. Guggenheim Capital Lc holds 0.01% of its portfolio in MFA Financial, Inc. Fortaleza Asset Management Inc. boosted its position in McDonald's by 32.5% in the 1st quarter. Plancorp Ltd Liability Corp invested in 0.27% or 5,743 shares. The Ohio-based Fifth Third Bank has invested 0.58% in McDonald's Corporation (NYSE:MCD). It also increased its holding in Range Res Corp (NYSE:RRC) by 87,086 shares in the quarter, for a total of 129,307 shares, and has risen its stake in Carlisle Cos Inc (NYSE:CSL). Zacks Investment Research upgraded shares of McDonald's from a "hold" rating to a "buy" rating and set a $178.00 price objective on the stock in a research report on Tuesday, September 26th. Therefore 71% are positive. Deutsche Bank set a $185.00 price target on shares of McDonald's and gave the company a "buy" rating in a research report on Friday, October 20th. The rating was maintained by Canaccord Genuity on Tuesday, July 25 with "Hold". The firm earned "Market Perform" rating on Tuesday, January 26 by Cowen & Co. The rating was downgraded by Credit Suisse on Monday, November 2 to "Neutral". As per Tuesday, October 31, the company rating was maintained by KeyBanc Capital Markets. JP Morgan maintained QinetiQ Group plc (LON:QQ) on Friday, November 20 with "Overweight" rating. Credit Suisse has "Outperform" rating and $19 target. Two analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have issued a buy rating to the company. Citigroup has "Neutral" rating and $122 target. On Wednesday, June 29 the stock rating was maintained by Robert W. Baird with "Neutral".

Benedict Financial Advisors Inc. decreased its stake in shares of McDonald's Co. It also increased its holding in Kellogg Co (NYSE:K) by 226,745 shares in the quarter, for a total of 425,262 shares, and has risen its stake in Mastercard Incorporated (NYSE:MA).

Among 21 analysts covering Rio Tinto (NYSE:RIO), 11 have Buy rating, 3 Sell and 7 Hold. Therefore 13% are positive. KBR Inc had 25 analyst reports since August 6, 2015 according to SRatingsIntel. On Friday, August 4 the stock rating was maintained by Wells Fargo with "Hold". RBC Capital Markets maintained the shares of CONE in report on Wednesday, May 11 with "Outperform" rating. The firm earned "Equal Weight" rating on Friday, September 30 by Barclays Capital. Jefferies maintained it with "Hold" rating and $15 target in Wednesday, July 27 report. As per Wednesday, January 27, the company rating was upgraded by Argus Research. (NASDAQ:CONE) on Thursday, August 11 with "Buy" rating. The company was downgraded on Friday, December 23 by Argus Research. The company was maintained on Thursday, December 14 by Piper Jaffray.

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