What Will Happen to Mcdonalds Corporation (NYSE:MCD) Next? The Stock Has Increase in Shorts

February 15, 2018 - By reb123z

 What Will Happen to Mcdonalds Corporation (NYSE:MCD) Next? The Stock Has Increase in Shorts

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 McDonald's Corporation 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.
Mitchell Mcleod Pugh & Williams Inc accumulated 0.53% or 4,631 shares. Wetherby Asset Mgmt Inc invested in 19,376 shares. Country Club Na accumulated 0.13% or 5,831 shares. Atlantic Group Inc Limited Liability Corp holds 131,874 shares or 0.09% of its portfolio. Visionary Asset Mgmt accumulated 1,550 shares or 0.07% of the stock. Roffman Miller Assocs Inc Pa, Pennsylvania-based fund reported 144,974 shares. Valley Natl Advisers holds 1.29% of its portfolio in McDonald's Corporation (NYSE:MCD) for 24,145 shares. South Texas Money Mngmt Limited, Texas-based fund reported 4,026 shares. 42,039 were accumulated by King Wealth Group Ltd. Boston Family Office Lc accumulated 38,736 shares or 0.69% of the stock. Tcw Grp Inc holds 0.02% in McDonald's Corporation (NYSE:MCD) or 13,450 shares. Palisade Asset Management Limited Liability has 70,824 shares. 28,895 were reported by Evercore Wealth Limited Co. Piedmont Invest Advsr Ltd Liability accumulated 220,080 shares. Fiduciary Trust has invested 0.74% in McDonald's Corporation (NYSE:MCD).

Since August 14, 2017, it had 0 insider buys, and 3 sales for $7.57 million activity. $751,013 worth of McDonald's Corporation (NYSE:MCD) was sold by Fairhurst David Ogden on Monday, August 14. Hoovel Catherine A. sold $238,415 worth of McDonald's Corporation (NYSE:MCD) on Wednesday, January 31. Another trade for 34,575 shares valued at $6.00 million was made by GOARE DOUGLAS M on Wednesday, January 31.

The stock of Mcdonalds Corporation (NYSE:MCD) registered an increase of 13.97% in short interest. MCD’s total short interest was 7.15 million shares in February as published by FINRA. Its up 13.97% from 6.27M shares, reported previously. With 2.89 million shares average volume, it will take short sellers 3 days to cover their MCD’s short positions.

The stock increased 0.04% or $0.06 during the last trading session, reaching $160.05. About 3.15 million shares traded. McDonald's Corporation (NYSE:MCD) has risen 18.25% since February 15, 2017 and is uptrending. It has outperformed by 1.55% 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 $127.59 billion. The company's restaurants offer various food products, soft drinks, coffee, and other beverages. It has a 25.14 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.

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 had 138 analyst reports since September 29, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, March 18 by Longbow. Suntrust Robinson initiated the shares of MCD in report on Thursday, October 8 with “Buy” rating. Bernstein maintained McDonald's Corporation (NYSE:MCD) on Wednesday, January 31 with “Buy” rating. On Wednesday, October 25 the stock rating was maintained by Credit Suisse with “Outperform”. The firm earned “Focus List” rating on Monday, October 19 by Credit Suisse. The firm earned “Neutral” rating on Wednesday, July 26 by UBS. The stock of McDonald's Corporation (NYSE:MCD) earned “Outperform” rating by Credit Suisse on Wednesday, November 11. The stock has “Buy” rating by Nomura on Wednesday, October 25. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 11. The stock has “Buy” rating by SunTrust on Tuesday, January 30.

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Usnews.com which released: “McDonald’s Reports Best Sales Growth in 6 Years” on January 30, 2018, also Investorplace.com with their article: “McDonald’s Corporation Stock Turnaround Was Far Too Enthusiastic” published on January 25, 2018, Fool.com published: “McDonald’s Corporation Earnings: What to Watch” on January 16, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s Corporation: The Best Of Both Dividends And Earnings” published on February 13, 2018 as well as Seekingalpha.com‘s news article titled: “McDonald’s: What Do Q4 Results Mean For Shareholders?” with publication date: January 30, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.