Blackstone Group LP (BX) Position Upped by Atlanta Capital Group; American Money Management Has Lowered Mc Donalds (MCD) Holding by $440,836

May 24, 2018 - By Kurt Siggers

The Blackstone Group L.P. (NYSE:BX) Logo

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 $126.72 billion market cap company. The stock decreased 0.14% or $0.23 during the last trading session, reaching $161.39. About 943,183 shares traded. McDonald's Corporation (NYSE:MCD) has risen 21.62% since May 24, 2017 and is uptrending. It has outperformed by 10.07% the S&P500.

Atlanta Capital Group increased its stake in Blackstone Group LP (BX) by 54.09% based on its latest 2017Q4 regulatory filing with the SEC. Atlanta Capital Group bought 10,065 shares as the company’s stock declined 3.02% with the market. The institutional investor held 28,672 shares of the investment managers company at the end of 2017Q4, valued at $918,000, up from 18,607 at the end of the previous reported quarter. Atlanta Capital Group who had been investing in Blackstone Group LP for a number of months, seems to be bullish on the $37.31B market cap company. The stock decreased 1.42% or $0.45 during the last trading session, reaching $31.34. About 678,412 shares traded. The Blackstone Group L.P. (NYSE:BX) has risen 7.37% since May 24, 2017 and is uptrending. It has underperformed by 4.18% the S&P500.

Since January 31, 2018, it had 0 buys, and 4 selling transactions for $11.52 million activity. 1,398 shares were sold by Hoovel Catherine A., worth $238,415 on Wednesday, January 31. $3.09M worth of McDonald's Corporation (NYSE:MCD) was sold by OZAN KEVIN M.

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on July, 24. They expect $1.93 earnings per share, up 11.56% or $0.20 from last year’s $1.73 per share. MCD’s profit will be $1.52B for 20.91 P/E if the $1.93 EPS becomes a reality. After $1.79 actual earnings per share reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts 7.82% EPS growth.

Investors sentiment increased to 0.88 in Q4 2017. Its up 0.11, from 0.77 in 2017Q3. It improved, 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. Ims Cap Management reported 1,507 shares or 0.16% of all its holdings. New Mexico Educational Retirement Board invested in 77,869 shares. L S Advisors Inc holds 0.2% or 7,649 shares in its portfolio. Canada Pension Plan Board holds 380,037 shares. Berkshire Asset Mngmt Limited Liability Pa invested 1.88% in McDonald's Corporation (NYSE:MCD). Stevens Cap Ltd Partnership accumulated 41,040 shares. Newfocus Financial Gru Lc owns 21,587 shares. Kornitzer Cap Mgmt Incorporated Ks has 259,655 shares for 0.76% of their portfolio. Cincinnati Specialty Underwriters Ins accumulated 11,500 shares or 1.66% of the stock. Navellier Associates Inc, Nevada-based fund reported 6,200 shares. Plante Moran Fin Advisors Limited Liability Com reported 0.29% stake. East Coast Asset Management Lc reported 3,332 shares. Korea has invested 0.45% in McDonald's Corporation (NYSE:MCD). 178,330 were reported by Loomis Sayles And Co L P. Signaturefd Lc invested in 0.08% or 3,962 shares.

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: 247Wallst.com which released: “Women’s Rights Activist Target McDonald’s Shareholders” on May 24, 2018, also Investorplace.com with their article: “5 Top Stock Trades for Thursday Morning” published on May 23, 2018, Globenewswire.com published: “McDonald’s Restaurants Expect to Hire 2000 in Iowa this Summer” on May 17, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s shareholders vote on straw ban” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “McDonald’s: Don’t Be Foolish” with publication date: April 25, 2018.

American Money Management Llc, which manages about $201.60 million and $164.98 million US Long portfolio, upped its stake in Pfizer Incorporated (NYSE:PFE) by 13,336 shares to 93,597 shares, valued at $3.39 million in 2017Q4, according to the filing. It also increased its holding in Novartis A G Spon Adr (NYSE:NVS) by 7,938 shares in the quarter, for a total of 38,318 shares, and has risen its stake in Gilead Sciences Inc (NASDAQ:GILD).

Among 36 analysts covering McDonald’s Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. McDonald’s Corporation had 153 analyst reports since September 29, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Friday, June 16. The stock of McDonald's Corporation (NYSE:MCD) earned “Hold” rating by Argus Research on Monday, August 15. The stock has “Hold” rating by Jefferies on Tuesday, January 26. Piper Jaffray maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, April 10. Piper Jaffray has “Buy” rating and $18500 target. The rating was maintained by Barclays Capital on Wednesday, January 31 with “Overweight”. The rating was upgraded by Goldman Sachs to “Buy” on Monday, May 7. The stock of McDonald's Corporation (NYSE:MCD) has “Buy” rating given on Wednesday, July 26 by Robert W. Baird. The stock of McDonald's Corporation (NYSE:MCD) earned “Buy” rating by Cowen & Co on Thursday, August 31. As per Monday, April 16, the company rating was downgraded by Stephens. The firm earned “Hold” rating on Wednesday, April 18 by Stifel Nicolaus.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.24, from 1.24 in 2017Q3. It dived, as 59 investors sold BX shares while 154 reduced holdings. 49 funds opened positions while 165 raised stakes. 298.48 million shares or 9.36% more from 272.94 million shares in 2017Q3 were reported. Gabelli Funds Ltd Llc holds 0.01% or 55,000 shares in its portfolio. Moreover, Swift Run Cap Management Ltd Liability Company has 0.28% invested in The Blackstone Group L.P. (NYSE:BX). Hudock Capital Grp Ltd Liability Corporation reported 1,623 shares stake. Bourgeon Mngmt Limited Liability Company has invested 1.61% in The Blackstone Group L.P. (NYSE:BX). Jrm Investment Counsel Limited Liability Corporation reported 217,956 shares. Waddell & Reed Fincl Inc invested in 5.75 million shares. Palisade Cap Mgmt Llc Nj, a New Jersey-based fund reported 24,290 shares. Segall Bryant & Hamill Limited Company, a Illinois-based fund reported 26,625 shares. Peak6 Invests LP holds 394,078 shares. Renaissance stated it has 2.30 million shares or 0.08% of all its holdings. Adirondack Tru reported 4,146 shares stake. Summit Secs accumulated 32,200 shares. Keybank Association Oh has 20,964 shares for 0% of their portfolio. Northwestern Mutual Wealth invested 0.01% in The Blackstone Group L.P. (NYSE:BX). Koch Indus Inc stated it has 31,284 shares.

More notable recent The Blackstone Group L.P. (NYSE:BX) news were published by: Streetinsider.com which released: “UPDATE: Blackstone (BX) is said to Agree to $4.8 Billion Lasalle Hotel (LHO) Deal – Bloomberg” on May 21, 2018, also Seekingalpha.com with their article: “What A Good Deal Looks Like” published on May 11, 2018, Streetinsider.com published: “IHS Markit (INFO) Announces Acquisition of Ipreo from Blackstone (BX) and Goldman Sachs Merchant Banking …” on May 21, 2018. More interesting news about The Blackstone Group L.P. (NYSE:BX) were released by: Benzinga.com and their article: “BTIG: Despite Blackstone Deal, Pebblebrook Still Has Options With LaSalle Hotel Properties” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Gramercy: Higher Bid Coming?” with publication date: May 14, 2018.

Since December 13, 2017, it had 0 insider buys, and 5 selling transactions for $18.59 million activity. 20,000 shares valued at $632,896 were sold by Finley John G on Wednesday, December 13.

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

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