Sirios Capital Management LP Holding in Csx (CSX) Has Upped as Market Valuation Rose; Mcdonalds (MCD) Shareholder Strategy Asset Managers Has Boosted Stake by $2.46 Million as Share Value Declined

June 22, 2018 - By Maria Brooks

McDonald's Corporation (NYSE:MCD) Logo

Strategy Asset Managers Llc increased its stake in Mcdonalds Corp (MCD) by 581.1% based on its latest 2018Q1 regulatory filing with the SEC. Strategy Asset Managers Llc bought 15,742 shares as the company’s stock declined 0.23% with the market. The institutional investor held 18,451 shares of the restaurants company at the end of 2018Q1, valued at $2.89 million, up from 2,709 at the end of the previous reported quarter. Strategy Asset Managers Llc who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $128.92 billion market cap company. The stock increased 2.28% or $3.665 during the last trading session, reaching $164.195. About 2.71 million shares traded. McDonald's Corporation (NYSE:MCD) has risen 8.97% since June 22, 2017 and is uptrending. It has underperformed by 3.60% the S&P500. Some Historical MCD News: 10/04/2018 – McDonald’s plans to expand its Nordic business; 11/04/2018 – GLORY to Feature Cash Automation Solutions at McDonald’s Worldwide Conference; 08/03/2018 – DataSource Announces Neil Golden, Former Chief Marketing Officer for McDonald’s USA, as New Board Member; 14/03/2018 – MCD CFO SEES CATERING AS A POTENTIAL GROWTH OPPORTUNITY; 30/04/2018 – McDonald’s Sees 2018 Selling, General, Administrative Expenses Down About 1% Constant-Currency; 06/03/2018 – McDonald’s Expands Fresh Beef Push as Burger Chains Seek Edge; 11/05/2018 – London bans junk food ads on public transport to fight child obesity; 29/05/2018 – Ex-McDonald’s CEO: Starbucks’ store closures for bias training shouldn’t have needed to happen; 30/04/2018 – McDonald’s 1Q EPS $1.72; 12/03/2018 – McDonald’s has tried to walk the line between cheap deals and better quality food over the last few years

John Brennan increased its stake in Csx Corp (CSX) by 20.22% based on its latest 2018Q1 regulatory filing with the SEC. Sirios Capital Management LP bought 380,650 shares as the company’s stock rose 15.07% while stock markets declined. The hedge fund run by John Brennan held 2.26M shares of the railroads company at the end of 2018Q1, valued at $126.08 million, up from 1.88M at the end of the previous reported quarter. Sirios Capital Management LP who had been investing in Csx Corp for a number of months, seems to be bullish on the $56.98B market cap company. The stock increased 1.62% or $1.04 during the last trading session, reaching $65.09. About 1.79 million shares traded. CSX Corporation (NYSE:CSX) has risen 20.25% since June 22, 2017 and is uptrending. It has outperformed by 7.68% the S&P500. Some Historical CSX News: 29/05/2018 – CSX at Bernstein Strategic Decisions CEO Conference Tomorrow; 17/04/2018 – CSX HAD EFFECTIVE TAX RATE OF 23.8% IN 1Q; 17/04/2018 – CSX Doubles Profit as Cuts Pick Up Steam; 02/04/2018 – NorthJersey.com: Dumont administrator Thomas Richards on a mission to safeguard CSX rails; 17/04/2018 – CSX earnings jump with turnround efforts on track under new CEO; 17/04/2018 – CSX GIVES SHARE REPURCHASE AMOUNT IN SLIDE PRESENTATION; 16/05/2018 – CSX Corporation Chief Executive Officer to Address Wolfe Research Global Transportation Conference; 22/05/2018 – CSX at Wolfe Research Global Transportation Conference Tomorrow; 17/04/2018 – CSX HAD `SLIGHT SEQUENTIAL IMPROVEMENT’ ON PRICING EX-COAL; 10/05/2018 – CSX CORP CSX.O : BAIRD RAISES TARGET PRICE TO $68 FROM $65

Sirios Capital Management L P, which manages about $2.06 billion and $2.03B US Long portfolio, decreased its stake in Canada Goose Holdings Inc by 14,762 shares to 190,318 shares, valued at $6.36 million in 2018Q1, according to the filing. It also reduced its holding in Royal Dutch Shell Plc by 215,462 shares in the quarter, leaving it with 189,483 shares, and cut its stake in Andeavor.

More notable recent CSX Corporation (NASDAQ:CSX) news were published by: Fool.com which released: “CSX Is Shedding Assets Even as Union Pacific Does the Opposite” on June 13, 2018, also Nasdaq.com with their article: “CSX Solicits Bids on Six Additional Rail Segments” published on June 06, 2018, Nasdaq.com published: “CSX Corporation Chief Executive Officer to Address Deutsche Bank Global Industrials & Materials Summit” on May 31, 2018. More interesting news about CSX Corporation (NASDAQ:CSX) were released by: Nasdaq.com and their article: “CSX Names James Schwichtenberg Chief Safety Officer” published on May 30, 2018 as well as Nasdaq.com‘s news article titled: “CSX Advances Efforts to Assess Operational Safety” with publication date: May 25, 2018.

Among 31 analysts covering CSX Corporation (NYSE:CSX), 20 have Buy rating, 2 Sell and 9 Hold. Therefore 65% are positive. CSX Corporation had 123 analyst reports since August 13, 2015 according to SRatingsIntel. On Wednesday, January 17 the stock rating was maintained by BMO Capital Markets with “Buy”. The company was downgraded on Friday, January 20 by Deutsche Bank. The rating was maintained by Bank of America on Tuesday, June 6 with “Buy”. On Monday, October 5 the stock rating was maintained by Cowen & Co with “Market Perform”. The company was maintained on Wednesday, April 18 by Robert W. Baird. Credit Suisse maintained it with “Outperform” rating and $65 target in Friday, March 2 report. Morgan Stanley maintained it with “Underweight” rating and $47 target in Friday, March 2 report. Buckingham Research upgraded CSX Corporation (NASDAQ:CSX) on Friday, October 9 to “Buy” rating. Citigroup maintained CSX Corporation (NASDAQ:CSX) rating on Thursday, July 14. Citigroup has “Buy” rating and $29 target. Cowen & Co maintained the stock with “Market Perform” rating in Thursday, January 14 report.

Investors sentiment decreased to 0.72 in Q1 2018. Its down 0.08, from 0.8 in 2017Q4. It fall, as 79 investors sold CSX shares while 328 reduced holdings. 93 funds opened positions while 199 raised stakes. 596.64 million shares or 1.03% less from 602.87 million shares in 2017Q4 were reported. Tobam has invested 0.41% in CSX Corporation (NASDAQ:CSX). Central Financial Bank Tru stated it has 0% of its portfolio in CSX Corporation (NASDAQ:CSX). Moreover, Mawer Invest Mgmt Limited has 1.03% invested in CSX Corporation (NASDAQ:CSX). Canada Pension Plan Invest Board invested 0.07% of its portfolio in CSX Corporation (NASDAQ:CSX). 23,785 were accumulated by Palladium Partners Ltd Liability. Sigma Planning has 39,629 shares for 0.16% of their portfolio. Cramer Rosenthal Mcglynn Ltd Com invested 1.58% in CSX Corporation (NASDAQ:CSX). Intact Investment Management holds 0.01% of its portfolio in CSX Corporation (NASDAQ:CSX) for 4,000 shares. Wells Fargo Company Mn accumulated 2.24M shares. Moreover, Calamos Advsr Limited Co has 0.24% invested in CSX Corporation (NASDAQ:CSX). Alleghany Corp De accumulated 5.18 million shares. Qci Asset reported 275 shares stake. Blair William And Il owns 0.01% invested in CSX Corporation (NASDAQ:CSX) for 15,084 shares. New York-based Morgan Stanley has invested 0.09% in CSX Corporation (NASDAQ:CSX). California-based Bingham Osborn & Scarborough Ltd has invested 0.03% in CSX Corporation (NASDAQ:CSX).

Since May 2, 2018, it had 1 insider buy, and 0 selling transactions for $299,550 activity.

Investors sentiment decreased to 0.79 in Q1 2018. Its down 0.09, from 0.88 in 2017Q4. It dropped, as 78 investors sold MCD shares while 616 reduced holdings. 106 funds opened positions while 439 raised stakes. 508.60 million shares or 1.89% less from 518.42 million shares in 2017Q4 were reported. Legg Mason Asset Management (Japan) owns 0.52% invested in McDonald's Corporation (NYSE:MCD) for 4,700 shares. Cetera Advisors Ltd Liability Corp owns 15,934 shares for 0.15% of their portfolio. Signature Fin Mngmt accumulated 0.18% or 5,495 shares. Ferguson Wellman Mngmt holds 0.23% or 41,803 shares. Moreover, Delta Asset Lc Tn has 0.04% invested in McDonald's Corporation (NYSE:MCD). Lvw Advsrs Llc has invested 0.85% in McDonald's Corporation (NYSE:MCD). Cipher Capital Limited Partnership accumulated 0.07% or 3,940 shares. Condor Capital Mgmt has 1,342 shares for 0.05% of their portfolio. The Alabama-based Leavell Investment Mgmt has invested 0.69% in McDonald's Corporation (NYSE:MCD). Ghp Investment Advsrs Inc owns 3,632 shares. Old Mutual Customised Solutions (Proprietary) Limited holds 0.74% or 46,605 shares. Smith Salley & has invested 0.05% in McDonald's Corporation (NYSE:MCD). Wafra Inv Advisory Incorporated Ny reported 5,147 shares or 0.04% of all its holdings. Manufacturers Life Ins The accumulated 0.19% or 1.09M shares. Fred Alger Mngmt invested 0.82% of its portfolio in McDonald's Corporation (NYSE:MCD).

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 154 analyst reports since September 29, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, July 26. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, January 26. The rating was maintained by Tigress Financial with “Hold” on Wednesday, November 29. The rating was maintained by Credit Suisse on Monday, June 27 with “Outperform”. The firm has “Buy” rating given on Wednesday, July 19 by Nomura. Canaccord Genuity maintained it with “Hold” rating and $170.0 target in Thursday, October 5 report. Credit Suisse maintained McDonald's Corporation (NYSE:MCD) rating on Thursday, June 8. Credit Suisse has “Buy” rating and $16500 target. Cowen & Co maintained the stock with “Buy” rating in Friday, December 1 report. The stock of McDonald's Corporation (NYSE:MCD) earned “Market Perform” rating by Cowen & Co on Monday, March 28. Argus Research upgraded the stock to “Buy” rating in Thursday, April 27 report.

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

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

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 daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: