American Money Management Lowered Position in Mc Donalds (MCD) by $440,836 as Valuation Declined; Stephens Has Trimmed Holding in Consolidated Edison (ED) by $2.33 Million as Stock Value Declined

April 20, 2018 - By Linda Rogers

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Stephens Inc decreased its stake in Consolidated Edison Inc (ED) by 38.39% based on its latest 2017Q4 regulatory filing with the SEC. Stephens Inc sold 27,681 shares as the company’s stock declined 8.41% with the market. The institutional investor held 44,419 shares of the power generation company at the end of 2017Q4, valued at $3.77 million, down from 72,100 at the end of the previous reported quarter. Stephens Inc who had been investing in Consolidated Edison Inc for a number of months, seems to be less bullish one the $24.17B market cap company. The stock decreased 0.37% or $0.29 during the last trading session, reaching $77.82. About 492,156 shares traded. Consolidated Edison, Inc. (NYSE:ED) has declined 1.18% since April 20, 2017 and is downtrending. It has underperformed by 12.73% the S&P500.

American Money Management Llc decreased its stake in Mc Donalds Corp (MCD) by 12.38% based on its latest 2017Q4 regulatory filing with the SEC. American Money Management Llc sold 2,563 shares as the company’s stock declined 8.13% with the market. The institutional investor held 18,143 shares of the restaurants company at the end of 2017Q4, valued at $3.12M, down from 20,706 at the end of the previous reported quarter. American Money Management Llc who had been investing in Mc Donalds Corp for a number of months, seems to be less bullish one the $125.88B market cap company. The stock increased 0.38% or $0.6 during the last trading session, reaching $160.13. About 1.03 million shares traded. McDonald's Corporation (NYSE:MCD) has risen 21.62% since April 20, 2017 and is uptrending. It has outperformed by 10.07% the S&P500.

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on April, 30 before the open. They expect $1.67 earnings per share, up 13.61% or $0.20 from last year’s $1.47 per share. MCD’s profit will be $1.31 billion for 23.97 P/E if the $1.67 EPS becomes a reality. After $1.71 actual earnings per share reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts -2.34% negative EPS growth.

Investors sentiment increased to 0.88 in 2017 Q4. Its up 0.11, from 0.77 in 2017Q3. It increased, as 54 investors sold MCD shares while 601 reduced holdings. 125 funds opened positions while 451 raised stakes. 518.42 million shares or 0.36% less from 520.27 million shares in 2017Q3 were reported. University Of Texas Inv Managment holds 0.02% or 27 shares. Delta Asset Mngmt Llc Tn reported 1,675 shares. Murphy Management owns 1.16% invested in McDonald's Corporation (NYSE:MCD) for 49,250 shares. Moreover, Affinity Invest Advsrs Limited Liability Corp has 0.81% invested in McDonald's Corporation (NYSE:MCD) for 41,533 shares. Shamrock Asset Management Ltd Co has invested 0.62% in McDonald's Corporation (NYSE:MCD). Capital Interest Ca has invested 0.22% in McDonald's Corporation (NYSE:MCD). First Allied Advisory owns 0.17% invested in McDonald's Corporation (NYSE:MCD) for 24,913 shares. 1.03M are owned by Aqr Capital Mngmt Limited Liability Corporation. Endurance Wealth Management reported 720 shares stake. Investment Prtnrs Oh Adv invested 0.31% in McDonald's Corporation (NYSE:MCD). Magnetar Ltd holds 0.02% in McDonald's Corporation (NYSE:MCD) or 4,098 shares. 6,225 were accumulated by Monetary Group. Navellier & holds 0.2% or 6,200 shares in its portfolio. Clarkston Cap Lc holds 6,909 shares. Wendell David Inc accumulated 80,260 shares.

Since October 25, 2017, it had 0 insider purchases, and 3 sales for $7.57 million activity. On Wednesday, January 31 the insider Hoovel Catherine A. sold $238,415. Sappington James R also sold $1.33M worth of McDonald's Corporation (NYSE:MCD) shares.

Among 35 analysts covering McDonald’s Corporation (NYSE:MCD), 24 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. McDonald’s Corporation had 146 analyst reports since September 29, 2015 according to SRatingsIntel. The company was maintained on Friday, October 23 by Deutsche Bank. The rating was maintained by Bernstein on Wednesday, January 31 with “Buy”. Citigroup maintained it with “Neutral” rating and $176 target in Tuesday, February 6 report. The firm has “Hold” rating by Argus Research given on Monday, August 15. As per Monday, March 28, the company rating was maintained by Cowen & Co. Robert W. Baird maintained the shares of MCD in report on Wednesday, October 25 with “Outperform” rating. As per Thursday, June 1, the company rating was maintained by Telsey Advisory Group. The stock has “Neutral” rating by UBS on Wednesday, July 26. Robert W. Baird maintained the shares of MCD in report on Tuesday, January 2 with “Buy” rating. The stock of McDonald's Corporation (NYSE:MCD) has “Outperform” rating given on Tuesday, March 6 by Credit Suisse.

American Money Management Llc, which manages about $201.60 million and $164.98M US Long portfolio, upped its stake in Wells Fargo & Co. (NYSE:WFC) by 49,428 shares to 108,706 shares, valued at $6.60 million in 2017Q4, according to the filing. It also increased its holding in Pepsico Incorporated (NYSE:PEP) by 8,002 shares in the quarter, for a total of 28,868 shares, and has risen its stake in Novartis A G Spon Adr (NYSE:NVS).

Analysts await Consolidated Edison, Inc. (NYSE:ED) to report earnings on May, 3. They expect $1.33 earnings per share, up 4.72% or $0.06 from last year’s $1.27 per share. ED’s profit will be $413.13 million for 14.63 P/E if the $1.33 EPS becomes a reality. After $0.80 actual earnings per share reported by Consolidated Edison, Inc. for the previous quarter, Wall Street now forecasts 66.25% EPS growth.

Investors sentiment decreased to 1.06 in 2017 Q4. Its down 0.02, from 1.08 in 2017Q3. It is negative, as 41 investors sold ED shares while 213 reduced holdings. 63 funds opened positions while 207 raised stakes. 169.29 million shares or 0.15% less from 169.54 million shares in 2017Q3 were reported. Meag Munich Ergo Kapitalanlagegesellschaft Mbh owns 14,838 shares. Everence Cap Management Inc, Indiana-based fund reported 7,361 shares. Vaughan David Invests Il invested in 78,351 shares. Maryland stated it has 0.14% in Consolidated Edison, Inc. (NYSE:ED). Amica Mutual stated it has 2,443 shares or 0.02% of all its holdings. Smithfield Tru Co, Pennsylvania-based fund reported 4,650 shares. Guardian Life Insurance Company Of America accumulated 1,003 shares or 0.02% of the stock. Manchester Cap Management Limited Liability Corporation holds 0% or 36 shares. Tci Wealth Advsr owns 0.03% invested in Consolidated Edison, Inc. (NYSE:ED) for 826 shares. Argi Invest Lc reported 0.19% in Consolidated Edison, Inc. (NYSE:ED). Shell Asset Mngmt Commerce, a Netherlands-based fund reported 151,899 shares. Sg Americas Secs Ltd Com invested in 76,105 shares. Martingale Asset Mngmt Limited Partnership has 0.38% invested in Consolidated Edison, Inc. (NYSE:ED) for 334,757 shares. 1,547 were reported by Oakworth Inc. 637 were reported by Brown Brothers Harriman And.

Among 17 analysts covering Con Edison (NYSE:ED), 1 have Buy rating, 6 Sell and 10 Hold. Therefore 6% are positive. Con Edison had 51 analyst reports since July 29, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Wednesday, August 30. The rating was upgraded by Deutsche Bank on Monday, December 14 to “Hold”. The rating was maintained by RBC Capital Markets on Thursday, February 1 with “Hold”. Goldman Sachs downgraded the stock to “Sell” rating in Monday, October 19 report. The stock has “Underperform” rating by Evercore on Tuesday, September 26. The firm earned “Hold” rating on Tuesday, June 13 by Jefferies. The firm earned “Sell” rating on Wednesday, September 14 by Goldman Sachs. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Hold” rating given on Monday, October 24 by Deutsche Bank. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Neutral” rating given on Thursday, May 12 by Mizuho. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Hold” rating given on Tuesday, January 2 by Guggenheim.

Since December 31, 2017, it had 37 buys, and 1 insider sale for $118,653 activity. Shares for $8,536 were bought by HOGLUND ROBERT N on Sunday, December 31. Ivey Craig S sold $685 worth of stock or 9 shares. Shukla Saumil P also bought $3,967 worth of Consolidated Edison, Inc. (NYSE:ED) shares. Another trade for 26 shares valued at $2,102 was bought by Nadkarni Gurudatta D. $2,344 worth of Consolidated Edison, Inc. (NYSE:ED) shares were bought by Cawley Timothy. 27 shares valued at $2,183 were bought by Moore Elizabeth D on Wednesday, January 31.

Stephens Inc, which manages about $6.58 billion and $2.67B US Long portfolio, upped its stake in Trinity Inds Inc (NYSE:TRN) by 25,754 shares to 35,245 shares, valued at $1.32M in 2017Q4, according to the filing. It also increased its holding in Commerce Bancshares Inc (NASDAQ:CBSH) by 9,792 shares in the quarter, for a total of 53,989 shares, and has risen its stake in Schlumberger Ltd (NYSE:SLB).

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

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