Reaffirmed: McDonald’s (MCD) Outperform Rating Reaffirmed by Analysts at Imperial Capital; $175.0 Target in Place

July 27, 2018 - By Mary Kidd

McDonald's Corporation (NYSE:MCD) Logo

Investors sentiment decreased to 0.79 in 2018 Q1. Its down 0.09, from 0.88 in 2017Q4. It fall, as 78 investors sold McDonald's Corporation shares while 616 reduced holdings. 106 funds opened positions while 439 raised stakes. 508.60 million shares or 1.89% less from 518.42 million shares in 2017Q4 were reported.

Moreover, Schafer Cullen Inc has 0.01% invested in McDonald's Corporation (NYSE:MCD). First Quadrant Limited Partnership Ca holds 12,400 shares or 0.04% of its portfolio. Regent Investment Ltd Liability holds 2,404 shares or 0.13% of its portfolio. Murphy Capital Mngmt, New Jersey-based fund reported 46,838 shares. Clarkston Cap Ptnrs Lc reported 0.03% of its portfolio in McDonald's Corporation (NYSE:MCD). Cwm has 0.03% invested in McDonald's Corporation (NYSE:MCD). Moreover, Northeast Fincl Consultants has 0.16% invested in McDonald's Corporation (NYSE:MCD) for 3,100 shares. Guardian Life Communication Of America has 1,834 shares for 0.05% of their portfolio. Tompkins Fincl holds 1.04% of its portfolio in McDonald's Corporation (NYSE:MCD) for 29,547 shares. Zacks Investment Mgmt accumulated 60,365 shares or 0.21% of the stock. Icon Advisers invested in 8,100 shares. Roundview Cap Ltd Co invested in 29,944 shares. Brookmont Capital has 2.84% invested in McDonald's Corporation (NYSE:MCD). Cornerstone Advisors Incorporated invested in 0.43% or 4,009 shares. Group Incorporated One Trading Lp accumulated 8,326 shares.

Since January 31, 2018, it had 0 insider purchases, and 4 insider sales for $11.52 million activity. The insider Hoovel Catherine A. sold $238,415. On Tuesday, May 1 OZAN KEVIN M sold $3.09M worth of McDonald's Corporation (NYSE:MCD) or 18,636 shares.

McDonald’s (MCD) Rating Reaffirmed

Imperial Capital now has a $175.0 target on the $122.60 billion market cap company or 12.08 % upside potential. In an analyst report issued on Friday, 27 July, McDonald’s (MCD) shares have had their Outperform Rating reiterated by professional analysts at Imperial Capital.

The stock decreased 1.73% or $2.75 during the last trading session, reaching $156.14. About 7.41M shares traded or 94.34% up from the average. McDonald's Corporation (MCD) has risen 8.97% since July 27, 2017 and is uptrending. It has underperformed by 3.60% the S&P500.

McDonaldÂ’s Corporation operates and franchises McDonaldÂ’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, Latin America, and internationally. The company has market cap of $122.60 billion. The company's restaurants offer various food products, soft drinks, coffee, and other beverages. It has a 23.58 P/E ratio. As of December 31, 2016, it operated 36,899 restaurants, including 31,230 franchised restaurants comprising 21,559 franchised to conventional franchisees, 6,300 licensed to developmental licensees, and 3,371 licensed to foreign affiliates; and 5,669 company-operated restaurants.

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Seekingalpha.com which released: “McDonald’s Current Valuation: My View” on July 23, 2018, also Seekingalpha.com with their article: “McDonald’s: Best Of The Fast Food Dividend Stocks” published on July 26, 2018, Fool.com published: “Will Investors Treat McDonald’s Like They Did Chipotle?” on July 25, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Fool.com and their article: “Better Buy: Starbucks vs. McDonald’s” published on July 22, 2018 as well as Seekingalpha.com‘s news article titled: “McDonald’s Reports Earnings Struggling Below Many Key Technical Levels” with publication date: July 26, 2018.

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

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