Mcdonalds Corp (MCD) Shareholder Choate Investment Advisors Has Lifted Its Position by $43.87 Million

February 22, 2018 - By Darrin Black

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.01, from 0.78 in 2017Q2. It is negative, as 48 investors sold MCD shares while 638 reduced holdings. 121 funds opened positions while 404 raised stakes. 520.27 million shares or 3.02% less from 536.45 million shares in 2017Q2 were reported. Moreover, Jane Street Grp Incorporated Limited Liability Corporation has 0.01% invested in McDonald's Corporation (NYSE:MCD) for 23,898 shares. Bank Pictet & Cie (Asia) Ltd holds 73,420 shares. Gfs Advsrs Ltd Liability Com has invested 0.15% of its portfolio in McDonald's Corporation (NYSE:MCD). World Asset Management reported 0.43% of its portfolio in McDonald's Corporation (NYSE:MCD). Private Tru Na reported 0.62% of its portfolio in McDonald's Corporation (NYSE:MCD). Mcmillion Capital has 0.7% invested in McDonald's Corporation (NYSE:MCD) for 6,790 shares. Moreover, Tiedemann Wealth Management Ltd Limited Liability Company has 0.14% invested in McDonald's Corporation (NYSE:MCD). Clinton Grp Incorporated Incorporated accumulated 111,073 shares or 1.91% of the stock. Highlander Capital Mgmt holds 7,800 shares. Farmers Savings Bank has invested 2.69% in McDonald's Corporation (NYSE:MCD). Godsey And Gibb Associates owns 96,984 shares. Benjamin F Edwards Commerce reported 0.4% stake. South Texas Money Management Limited reported 4,026 shares stake. Rnc Management Ltd Liability Co invested 0.04% in McDonald's Corporation (NYSE:MCD). M Kraus invested 0.21% in McDonald's Corporation (NYSE:MCD).

Since October 25, 2017, it had 0 insider buys, and 3 insider sales for $7.57 million activity. $238,415 worth of McDonald's Corporation (NYSE:MCD) was sold by Hoovel Catherine A.. Sappington James R also sold $1.33 million worth of McDonald's Corporation (NYSE:MCD) on Wednesday, October 25.

Choate Investment Advisors increased its stake in Mcdonalds Corp (MCD) by 0.91% based on its latest 2017Q3 regulatory filing with the SEC. Choate Investment Advisors bought 280 shares as the company’s stock rose 15.92% with the market. The institutional investor held 31,088 shares of the restaurants company at the end of 2017Q3, valued at $4.87 billion, up from 30,808 at the end of the previous reported quarter. Choate Investment Advisors who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $126.47 billion market cap company. The stock increased 0.94% or $1.48 during the last trading session, reaching $158.64. About 7.83 million shares traded or 101.07% up from the average. McDonald's Corporation (NYSE:MCD) has risen 18.25% since February 22, 2017 and is uptrending. It has outperformed by 1.55% the S&P500.

Choate Investment Advisors, which manages about $3.44 billion and $1850.04B US Long portfolio, decreased its stake in Hologic Inc (NASDAQ:HOLX) by 3,558 shares to 48,622 shares, valued at $1.78B in 2017Q3, according to the filing. It also reduced its holding in Jp Morgan Chase & Co (NYSE:JPM) by 1,115 shares in the quarter, leaving it with 110,493 shares, and cut its stake in Vanguard S&P 500 Etf (VOO).

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Seekingalpha.com which released: “McDonald’s: What Do Q4 Results Mean For Shareholders?” on January 30, 2018, also Investorplace.com with their article: “McDonald’s Corporation Stock Turnaround Was Far Too Enthusiastic” published on January 25, 2018, Investorplace.com published: “Going Big on Chicken Should Boost McDonald’s Corporation Stock” on February 20, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s: I’m Lovin’ It” published on February 05, 2018 as well as Usnews.com‘s news article titled: “McDonald’s Reports Best Sales Growth in 6 Years” with publication date: January 30, 2018.

McDonald's Corporation (NYSE:MCD) Ratings Coverage

Among 35 analysts covering McDonald’s Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. McDonald’s Corporation has $205.0 highest and $35 lowest target. $169.23’s average target is 6.68% above currents $158.64 stock price. McDonald’s Corporation had 138 analyst reports since September 29, 2015 according to SRatingsIntel. Nomura upgraded the stock to “Buy” rating in Monday, December 5 report. The stock of McDonald's Corporation (NYSE:MCD) earned “Buy” rating by Argus Research on Thursday, July 27. On Wednesday, July 27 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of McDonald's Corporation (NYSE:MCD) has “Buy” rating given on Tuesday, January 30 by Stephens. The stock of McDonald's Corporation (NYSE:MCD) has “Hold” rating given on Monday, August 15 by Argus Research. The firm has “Buy” rating given on Tuesday, January 30 by Mizuho. The firm earned “Neutral” rating on Friday, March 18 by Longbow. As per Wednesday, July 26, the company rating was maintained by UBS. SunTrust initiated McDonald's Corporation (NYSE:MCD) on Tuesday, October 13 with “Buy” rating. The firm has “Buy” rating by SunTrust given on Thursday, October 8.

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