Azimuth Capital Management Has Lowered Edwards Lifesciences (EW) Stake; Melvin Capital Management LP Has Trimmed By $232.32 Million Its Mcdonalds (MCD) Stake

November 14, 2017 - By wolcottdaily

Melvin Capital Management Lp decreased Mcdonalds Corp (MCD) stake by 84.67% reported in 2017Q2 SEC filing. Melvin Capital Management Lp sold 1.52 million shares as Mcdonalds Corp (MCD)’s stock rose 15.92%. The Melvin Capital Management Lp holds 275,000 shares with $42.12M value, down from 1.79 million last quarter. Mcdonalds Corp now has $136.35B valuation. The stock rose 0.56% or $0.93 reaching $168.33. About 924,498 shares traded. McDonald’s Corporation (NYSE:MCD) has risen 18.25% since November 14, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.

Azimuth Capital Management Llc decreased Edwards Lifesciences (EW) stake by 5.03% reported in 2017Q2 SEC filing. Azimuth Capital Management Llc sold 3,875 shares as Edwards Lifesciences (EW)’s stock rose 25.80%. The Azimuth Capital Management Llc holds 73,090 shares with $8.64M value, down from 76,965 last quarter. Edwards Lifesciences now has $22.25B valuation. The stock declined 0.08% or $0.08 reaching $105.13 per share. About 379,357 shares traded. Edwards Lifesciences Corp (NYSE:EW) has risen 15.41% since November 14, 2016 and is uptrending. It has underperformed by 1.29% the S&P500.

Analysts await Edwards Lifesciences Corp (NYSE:EW) to report earnings on February, 7. They expect $0.90 earnings per share, up 20.00% or $0.15 from last year’s $0.75 per share. EW’s profit will be $190.48 million for 29.20 P/E if the $0.90 EPS becomes a reality. After $0.84 actual earnings per share reported by Edwards Lifesciences Corp for the previous quarter, Wall Street now forecasts 7.14% EPS growth.

Among 27 analysts covering Edwards Lifesciences Corp (NYSE:EW), 20 have Buy rating, 1 Sell and 6 Hold. Therefore 74% are positive. Edwards Lifesciences Corp had 84 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Edwards Lifesciences Corp (NYSE:EW) earned “Buy” rating by Canaccord Genuity on Tuesday, June 27. The firm has “Buy” rating by Canaccord Genuity given on Thursday, July 27. As per Tuesday, September 22, the company rating was initiated by UBS. The stock of Edwards Lifesciences Corp (NYSE:EW) earned “Outperform” rating by Leerink Swann on Monday, April 4. Citigroup maintained the stock with “Sell” rating in Wednesday, April 27 report. The firm has “Buy” rating given on Tuesday, May 30 by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Wednesday, April 26 with “Outperform”. On Friday, January 8 the stock rating was initiated by Suntrust Robinson with “Neutral”. As per Wednesday, October 26, the company rating was maintained by Stifel Nicolaus. Morgan Stanley maintained Edwards Lifesciences Corp (NYSE:EW) on Thursday, October 26 with “Overweight” rating.

Azimuth Capital Management Llc increased Wisdomtree Europe Hedged Eq Fu (HEDJ) stake by 6,065 shares to 74,750 valued at $4.66 million in 2017Q2. It also upped Total System Services Inc (NYSE:TSS) stake by 53,550 shares and now owns 126,990 shares. Charles Schwab Corp (NYSE:SCHW) was raised too.

Investors sentiment decreased to 0.78 in 2017 Q2. Its down 0.02, from 0.8 in 2017Q1. It fall, 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. Reilly Advisors Limited Liability Com reported 2,995 shares. Calamos Wealth Mgmt Ltd Com owns 24,327 shares or 0.53% of their US portfolio. First City Cap reported 0.26% stake. Nj State Employees Deferred Compensation Plan, New Jersey-based fund reported 25,093 shares. Dimensional Fund Advsrs Limited Partnership holds 0.13% or 1.87M shares in its portfolio. Natl Registered Invest Advisor invested in 0.93% or 14,568 shares. Hillsdale Inv Mngmt holds 0% of its portfolio in McDonald’s Corporation (NYSE:MCD) for 35 shares. Badgley Phelps & Bell Inc owns 2,810 shares for 0.03% of their portfolio. Ray Gerald L Assocs Limited holds 7,101 shares or 0.14% of its portfolio. Altavista Wealth Mngmt holds 2.43% of its portfolio in McDonald’s Corporation (NYSE:MCD) for 31,924 shares. Jp Marvel Advsrs Ltd Liability Corporation reported 7,700 shares. The Japan-based Meiji Yasuda Life Com has invested 0.34% in McDonald’s Corporation (NYSE:MCD). Reliance Tru Of Delaware invested in 0.42% or 17,829 shares. Ny State Teachers Retirement Sys owns 1.38M shares. Guardian LP invested 0.48% of its portfolio in McDonald’s Corporation (NYSE:MCD).

Melvin Capital Management Lp increased Darden Restaurants Inc (Put) (NYSE:DRI) stake by 7,000 shares to 150,500 valued at $13.61 million in 2017Q2. It also upped Lowes Cos Inc (NYSE:LOW) stake by 274,140 shares and now owns 1.42M shares. Amazon Com Inc (NASDAQ:AMZN) was raised too.

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:


Twitter Auto Publish Powered By : XYZScripts.com