Mcdonalds (MCD) Shareholder Maverick Capital LTD Boosted Stake by $3.24 Million; Johnson & Johnson (JNJ) Position Boosted by Condor Capital Management

December 17, 2017 - By Vivian Park

Lee Ainslie increased its stake in Mcdonalds Corp (MCD) by 96.05% based on its latest 2017Q2 regulatory filing with the SEC. Maverick Capital Ltd bought 21,180 shares as the company’s stock rose 15.92% with the market. The hedge fund run by Lee Ainslie held 43,230 shares of the restaurants company at the end of 2017Q2, valued at $6.62 million, up from 22,050 at the end of the previous reported quarter. Maverick Capital Ltd who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $138.76B market cap company. The stock increased 0.53% or $0.92 during the last trading session, reaching $174.06. About 7.44M shares traded or 138.68% up from the average. McDonald's Corporation (NYSE:MCD) has risen 18.25% since December 17, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.

Condor Capital Management increased its stake in Johnson & Johnson (JNJ) by 6.19% based on its latest 2017Q2 regulatory filing with the SEC. Condor Capital Management bought 7,469 shares as the company’s stock rose 6.85% with the market. The institutional investor held 128,072 shares of the major pharmaceuticals company at the end of 2017Q2, valued at $16.94 million, up from 120,603 at the end of the previous reported quarter. Condor Capital Management who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $382.72 billion market cap company. The stock increased 0.57% or $0.81 during the last trading session, reaching $142.46. About 12.52M shares traded or 138.39% up from the average. Johnson & Johnson (NYSE:JNJ) has risen 12.54% since December 17, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Maverick Capital Ltd, which manages about $14.71B and $7.98B US Long portfolio, decreased its stake in Lam Research Corp (NASDAQ:LRCX) by 7,700 shares to 16,130 shares, valued at $2.28M in 2017Q2, according to the filing. It also reduced its holding in Pfizer Inc (NYSE:PFE) by 9.78 million shares in the quarter, leaving it with 10.05 million shares, and cut its stake in Vulcan Matls Co (NYSE:VMC).

Among 34 analysts covering McDonald’s Corporation (NYSE:MCD), 24 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. McDonald’s Corporation had 113 analyst reports since September 29, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Tuesday, January 26 report. The firm has “Buy” rating given on Friday, September 8 by RBC Capital Markets. The stock of McDonald's Corporation (NYSE:MCD) has “Outperform” rating given on Tuesday, August 30 by Robert W. Baird. The firm has “Outperform” rating given on Wednesday, November 11 by RBC Capital Markets. The rating was upgraded by Nomura on Monday, January 4 to “Buy”. The stock of McDonald's Corporation (NYSE:MCD) has “Buy” rating given on Wednesday, January 4 by Instinet. The stock of McDonald's Corporation (NYSE:MCD) has “Market Perform” rating given on Monday, March 28 by Cowen & Co. The stock of McDonald's Corporation (NYSE:MCD) has “Outperform” rating given on Thursday, May 25 by Bernstein. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, June 22 report. The company was maintained on Tuesday, October 17 by Nomura.

Since August 9, 2017, it had 0 insider buys, and 3 sales for $3.75 million activity. Erlinger Joseph M. sold $1.67M worth of stock or 10,793 shares. Another trade for 8,046 shares valued at $1.33 million was sold by Sappington James R.

Investors sentiment decreased to 0.78 in 2017 Q2. Its down 0.02, from 0.8 in 2017Q1. It is negative, as 68 investors sold MCD shares while 616 reduced holdings. 137 funds opened positions while 396 raised stakes. 536.45 million shares or 0.05% more from 536.18 million shares in 2017Q1 were reported. Amer Asset Mgmt reported 1,747 shares. Dillon And Assocs Inc reported 23,765 shares. Canada Pension Plan Invest Board has 0.16% invested in McDonald's Corporation (NYSE:MCD). Toronto Dominion State Bank owns 297,177 shares. Parsec Financial Inc reported 3,018 shares or 0.04% of all its holdings. 199,217 are held by Rothschild Asset Mgmt Inc. Inv Centers Of America invested in 16,451 shares. Accredited Investors accumulated 3,990 shares or 0.16% of the stock. Mogy Joel R Inv Counsel Inc accumulated 7,553 shares. Private Fincl Bank And Trust Comm stated it has 0.24% in McDonald's Corporation (NYSE:MCD). Pacad Inv Ltd holds 0.38% or 16,900 shares. Florida-based Aviance Cap Prtnrs Ltd Liability has invested 0.19% in McDonald's Corporation (NYSE:MCD). Daiwa Securities Grp invested 0.11% in McDonald's Corporation (NYSE:MCD). First Natl Trust Company holds 0.78% of its portfolio in McDonald's Corporation (NYSE:MCD) for 41,884 shares. Croft holds 0.12% or 3,815 shares in its portfolio.

Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.03, from 0.86 in 2017Q1. It is negative, as 50 investors sold JNJ shares while 878 reduced holdings. 105 funds opened positions while 667 raised stakes. 1.73 billion shares or 0.03% less from 1.73 billion shares in 2017Q1 were reported. Investec Asset Mngmt North America stated it has 16,427 shares or 0.4% of all its holdings. Salem Mgmt has invested 4.91% in Johnson & Johnson (NYSE:JNJ). Motco owns 89,384 shares. Mcgowan Gp Asset Management reported 3,435 shares or 0.09% of all its holdings. Dafna Capital Management Ltd reported 0.89% of its portfolio in Johnson & Johnson (NYSE:JNJ). Northpointe Capital Ltd Liability Company accumulated 0.98% or 71,004 shares. Excalibur Mgmt Corp has 50,439 shares for 5.98% of their portfolio. 7.27 million are held by Comml Bank Of Montreal Can. Dean Investment Lc has 59,164 shares for 1.23% of their portfolio. New York-based Tompkins Fincl Corporation has invested 1.52% in Johnson & Johnson (NYSE:JNJ). Deprince Race & Zollo Incorporated has invested 0.61% in Johnson & Johnson (NYSE:JNJ). Eagle Asset Mngmt Inc holds 0.68% or 850,365 shares. Toronto Dominion Bank & Trust invested in 1.50 million shares or 0.64% of the stock. Baxter Bros has 1.68% invested in Johnson & Johnson (NYSE:JNJ) for 42,161 shares. Private Tru Company Na accumulated 51,811 shares.

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