Shares in McDonald's Co. (MCD) Purchased by First Merchants Corp

Marco Green
January 21, 2018

About 4.13 million shares traded or 35.19% up from the average.

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

Df Dent & Co Inc decreased its stake in Exponent Inc (EXPO) by 15.01% based on its latest 2017Q3 regulatory filing with the SEC. The stock decreased 1.76% or $0.8 during the last trading session, reaching $44.75. About 1.78 million shares traded or 28.69% up from the average. The TJX Companies, Inc. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 20, 2017 and is uptrending. It has underperformed by 11.18% the S&P500.

Ion Asset Management Ltd, which manages about $328.96M US Long portfolio, decreased its stake in Orbotech Ltd (NASDAQ:ORBK) by 79,048 shares to 982,638 shares, valued at $41.48M in 2017Q3, according to the filing. It also reduced its holding in Monster Beverage by 77,245 shares in the quarter, leaving it with 4.38M shares, and cut its stake in Tencent Holdings (TCEHY).

(NYSE:ICE) by 0.79% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Its down 0.01, from 0.78 in 2017Q2. The investor is now holding $25.67 million shares due in part to a decrease of 226539 new shares in their portfolio. State Street Corp raised its stake in McDonald's Corporation by 3.0% in the fourth quarter. Overall, 4.13 Million shares exchanged hands versus its average volume of $3.79 Million. However, the institutional investors are observed to own 73.80% of the total shares. Suffolk Capital Mgmt Llc reported 1.77% stake. Good Life Advisors LLC boosted its holdings in shares of McDonald's by 24.9% during the first quarter. The fund owned 92,715 shares of the fast-food giant's stock after acquiring an additional 5,577 shares during the period. Regentatlantic Llc has 7,478 shares for 0.1% of their portfolio. Credit Suisse Group restated an "outperform" rating and issued a $157.00 price objective (up from $137.00) on shares of McDonald's Corporation in a report on Saturday, April 29th. Beach Inv Counsel Inc Pa stated it has 0.03% of its portfolio in McDonald's Corporation (NYSE:MCD). Dorsey & Whitney Limited Liability Com holds 0.32% or 10,192 shares in its portfolio. Ontario Teachers Pension Plan Board invested 0.14% in McDonald's Corporation (NYSE:MCD). 7,566 were accumulated by Brighton Jones Llc. Godshalk Welsh Cap Management owns 4,775 shares. The fast-food giant reported $1.76 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.75 by $0.01. MCD's profit would be $1.26B giving it 27.87 P/E if the $1.58 EPS is correct. After $1.76 actual EPS reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts -10.23% negative EPS growth. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and twenty-four have assigned a buy rating to the stock. Therefore 0 are positive. McDonald's Corporation had 121 analyst reports since September 29, 2015 according to SRatingsIntel. BTIG Research maintained McDonald's Corporation (NYSE:MCD) on Tuesday, January 2 with "Buy" rating. On Friday, September 8 the stock rating was maintained by RBC Capital Markets with "Buy". Nomura has "Buy" rating and $172 target. Huber Cap Limited Com has 0.18% invested in Fluor Corporation (NYSE:FLR) for 78,502 shares. On Thursday, December 21 the stock rating was maintained by RBC Capital Markets with "Buy". Finally, Zacks Investment Research upgraded McDonald's from a hold rating to a buy rating and set a $178.00 price target for the company in a research report on Tuesday, September 26th. Goldman Sachs Group set a $180.00 price target on McDonald's and gave the company a "buy" rating in a research report on Tuesday, December 12th. The rating was maintained by UBS with "Buy" on Friday, October 23.

Since August 9, 2017, it had 0 insider purchases, and 3 selling transactions for $3.75 million activity. $1.33M worth of McDonald's Corporation (NYSE:MCD) was sold by Sappington James R. $1.67M worth of stock was sold by Erlinger Joseph M. on Wednesday, August 9.

Among 9 analysts covering Radware (NASDAQ:RDWR), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 71% are positive. Radware had 24 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was downgraded by Bank of America on Friday, January 13 to "Neutral". The company was maintained on Wednesday, October 11 by Piper Jaffray. BMO Capital Markets maintained the stock with "Outperform" rating in Wednesday, July 26 report. Benchmark maintained The Priceline Group Inc. Following the transaction, the vice president now owns 15,739 shares in the company, valued at approximately $2,596,935. The firm has "Outperform" rating given on Wednesday, February 22 by Wedbush. The stock has "Focus List" rating by Credit Suisse on Monday, October 19. The firm has "Buy" rating by B. Riley & Co given on Monday, November 9. The stock of The TJX Companies, Inc. The stock has "Overweight" rating by Barclays Capital on Tuesday, January 26. The firm has "Sector Weight" rating given on Tuesday, November 8 by Pacific Crest. The company was upgraded on Thursday, June 30 by Morgan Stanley. SunTrust Banks also issued estimates for McDonald's' Q1 2018 earnings at $1.64 EPS, Q2 2018 earnings at $1.97 EPS, Q3 2018 earnings at $2.11 EPS, Q4 2018 earnings at $2.01 EPS, FY2018 earnings at $7.72 EPS and FY2019 earnings at $8.12 EPS. Its up 0.11, from 0.99 in 2017Q2. It is negative, as 66 investors sold PCLN shares while 320 reduced holdings. 22 funds opened positions while 50 raised stakes. Washington Tru reported 6,264 shares stake. Jpmorgan Chase Company invested 0.1% in McDonald's Corporation (NYSE:MCD). Beaton Management Co. Inc. bought a new position in shares of McDonald's during the 2nd quarter valued at $555,000. Chicago Equity Prtn Ltd Liability, a Illinois-based fund reported 2,000 shares. Chartist Ca has invested 0.1% in The TJX Companies, Inc. Hilton Mgmt Ltd accumulated 72,786 shares. Numeric Investors Ltd Limited Liability Company holds 170,100 shares. Rockefeller Fincl Inc reported 20,106 shares stake. Dillon And Assoc holds 23,465 shares or 1.45% of its portfolio.

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