McDonald's Becomes First Restaurant Chain To Set Science-Based GHG Emissions Reduction Targets

Brunilde Fioravanti
Marzo 21, 2018

The institutional investor held 40,777 shares of the restaurants company at the end of 2017Q3, valued at $6.39 million, down from 43,327 at the end of the previous reported quarter. "As one of the best known brands on the planet, McDonald's is well positioned to lead, and its ambitious new climate target will inspire innovation, collaboration, and most importantly critical greenhouse gas reductions across the company's global operations and supply chain". The stock increased 0.26% or $0.04 during the last trading session, reaching $15.36. McDonald's Corporation (NYSE:MCD) has risen 18.25% since March 20, 2017 and is uptrending. It has outperformed by 7.32% the S&P500. Cambridge Investment Research Advisors Inc. grew its stake in McDonald's by 1.5% in the fourth quarter.

Monarch Capital Management Inc decreased its stake in Mcdonald's (MCD) by 4.1% based on its latest 2017Q3 regulatory filing with the SEC. Willingdon Wealth Management sold 63,726 shares as Ares Cap Corp (ARCC)'s stock declined 6.68%. It also reduced its holding in Peabody Energy Corp New by 12.80 million shares in the quarter, leaving it with 9.12 million shares, and cut its stake in Macys Inc (NYSE:M). Atlanta Capital Group who had been investing in Illumina Inc for a number of months, seems to be bullish on the $36.55 billion market cap company. The stock decreased 2.06% or $3.35 during the last trading session, reaching $159.01. About 62,440 shares traded. (NASDAQ:REGI) has risen 22.06% since March 20, 2017 and is uptrending. It has outperformed by 10.93% the S&P500.

Among 34 analysts covering Suntrust Banks Inc. On Tuesday, August 15 the stock rating was maintained by Jefferies with "Buy". The rating was downgraded by Janney Capital to "Neutral" on Monday, March 12. On Thursday, April 20 the stock rating was downgraded by Citigroup to "Sell". The firm has "Hold" rating by BMO Capital Markets given on Friday, October 6. The stock has "Buy" rating by BTIG Research on Tuesday, January 2. The stock of SunTrust Banks, Inc. As per Thursday, December 21, the company rating was maintained by RBC Capital Markets. On Friday, October 23 the stock rating was upgraded by Piper Jaffray to "Overweight". As per Monday, July 10, the company rating was maintained by Stifel Nicolaus. The stock has "Outperform" rating by FBR Capital on Tuesday, October 11. The company was maintained on Tuesday, April 19 by JP Morgan. Investors of record on Thursday, March 1st will be paid a dividend of $1.01 per share.

Since January 23, 2018, it had 0 buys, and 3 insider sales for $1.29 million activity. It dropped, as 65 investors sold STI shares while 235 reduced holdings. Cordasco Fincl Networks holds 1,000 shares or 0.17% of its portfolio. (NYSE:STI). Fifth Third Bank owns 4,242 shares or 0% of their U.S. portfolio. Mirae Asset Glob Invs Limited invested in 0.21% or 73,519 shares. (NASDAQ:HAS). Schwab Charles Investment Management Inc invested 0.06% of its portfolio in Hasbro, Inc. After $0.38 actual EPS reported by Ares Capital Corporation for the previous quarter, Wall Street now forecasts -2.63% negative EPS growth. Catalyst Advsr Ltd Liability Co has 0.02% invested in Ares Capital Corporation (NASDAQ:ARCC) for 31,478 shares. Renaissance Tech Ltd Liability Corp has 522,605 shares. New York State Common Retirement Fund reported 78,353 shares. Nippon Life Communication invested in 0.08% or 26,793 shares. Green Square Ltd Com reported 0.04% of its portfolio in SunTrust Banks, Inc. (NASDAQ:HAS). Tompkins holds 0.01% in Hasbro, Inc. Hancock Holdings owns 267,537 shares for 0.68% of their portfolio.

Hasbro, Inc., together with its subsidiaries, operates as a play and entertainment company. Sappington James R sold 8,046 shares worth $1.33M. 14,622 shares were sold by Billing Duncan, worth $1.45 million on Tuesday, February 20. 8,884 Hasbro, Inc. (NASDAQ:HAS) shares with value of $866,321 were sold by Courtney Thomas J Jr. GOARE DOUGLAS M sold $6.00 million worth of McDonald's Corporation (NYSE:MCD) on Wednesday, January 31. Frascotti John sold $4.62M worth of Hasbro, Inc.

Media coverage about McDonald's (NYSE:MCD) has been trending somewhat positive this week, according to Accern. During the same quarter in the prior year, the business posted $1.44 EPS. MCD's profit will be $1.33B for 23.94 P/E if the $1.67 EPS becomes a reality.

Investors sentiment increased to 0.88 in 2017 Q3. Its down 0.01, from 0.92 in 2017Q2. It dropped, as 48 investors sold MCD shares while 638 reduced holdings. 35 funds opened positions while 118 raised stakes. 520.27 million shares or 3.02% less from 536.45 million shares in 2017Q2 were reported. Cincinnati Specialty Underwriters Ins invested 1.58% of its portfolio in McDonald's Corporation (NYSE:MCD). Putnam Fl Invest Management has 38,696 shares for 0.58% of their portfolio. Proshare Advsrs Limited Com stated it has 0.81% in McDonald's Corporation (NYSE:MCD). Renewable Energy had 19 analyst reports since August 5, 2015 according to SRatingsIntel. State Street stated it has 915,395 shares or 0% of all its holdings. Optimum Inv holds 7,810 shares or 0.41% of its portfolio. Dearborn Limited Liability reported 237,857 shares. Yorktown Mgmt And Rech invested in 0.29% or 7,000 shares. The stock has a market cap of $126,180.00, a P/E ratio of 21.98, a price-to-earnings-growth ratio of 2.36 and a beta of 0.65.

Among 17 analysts covering Ares Capital (NASDAQ:ARCC), 12 have Buy rating, 0 Sell and 5 Hold. Therefore 60% are positive. On Friday, August 11 the stock rating was maintained by Cowen & Co with "Buy". As per Friday, June 2, the company rating was maintained by Canaccord Genuity. The stock of McDonald's Corporation (NYSE:MCD) earned "Buy" rating by Mizuho on Wednesday, October 18. The rating was upgraded by Credit Suisse to "Focus List" on Monday, October 19. JPMorgan Chase & Co. reissued a "buy" rating and set a $182.00 price objective on shares of McDonald's in a research report on Monday. The firm earned "Buy" rating on Wednesday, November 22 by HSBC.

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