Bank Of The West Upped Simon Ppty Group New (SPG) Holding; Mcdonalds (MCD)’s Sentiment Is 0.88

July 26, 2017 - By Maria Brooks

Bank Of The West increased Simon Ppty Group Inc New (SPG) stake by 57.16% reported in 2016Q4 SEC filing. Bank Of The West acquired 14,328 shares as Simon Ppty Group Inc New (SPG)’s stock declined 12.82%. The Bank Of The West holds 39,395 shares with $7.00M value, up from 25,067 last quarter. Simon Ppty Group Inc New now has $50.27 billion valuation. The stock increased 0.96% or $1.53 during the last trading session, reaching $161.57. About shares traded. Simon Property Group Inc (NYSE:SPG) has declined 18.56% since July 26, 2016 and is downtrending. It has underperformed by 35.26% the S&P500.

McDonald’s Corporation operates and franchises McDonald’s restaurants. The company has market cap of $127.91 billion. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. It has a 28.05 P/E ratio. The Company’s divisions include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

Since March 28, 2017, it had 1 insider purchase, and 0 sales for $232,400 activity. LEIBOWITZ REUBEN S also bought $232,400 worth of Simon Property Group Inc (NYSE:SPG) on Tuesday, March 28.

Among 15 analysts covering Simon Property Group (NYSE:SPG), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Simon Property Group has $266 highest and $170 lowest target. $215.63’s average target is 33.46% above currents $161.57 stock price. Simon Property Group had 42 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained Simon Property Group Inc (NYSE:SPG) on Monday, July 17 with “Buy” rating. As per Tuesday, February 2, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the shares of SPG in report on Friday, July 14 with “Hold” rating. Citigroup maintained the shares of SPG in report on Friday, April 1 with “Buy” rating. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, July 19 report. The firm has “Buy” rating given on Monday, August 17 by Zacks. On Monday, January 9 the stock rating was downgraded by Deutsche Bank to “Hold”. Stifel Nicolaus maintained it with “Buy” rating and $220 target in Wednesday, October 28 report. On Tuesday, June 20 the stock rating was upgraded by Goldman Sachs to “Buy”. Jefferies maintained the shares of SPG in report on Monday, July 24 with “Buy” rating.

Investors sentiment decreased to 0.88 in Q4 2016. Its down 0.12, from 1 in 2016Q3. It dived, as 68 investors sold SPG shares while 231 reduced holdings. 67 funds opened positions while 196 raised stakes. 292.32 million shares or 2.43% less from 299.60 million shares in 2016Q3 were reported. Apg Asset Mngmt Nv holds 0.03% or 91,845 shares. 23,560 were accumulated by Gateway Invest Advisers Limited Co. Adams Diversified Equity Fund holds 77,000 shares. Voya Mngmt Limited Company holds 375,465 shares. Herndon Capital Limited Com has 0.01% invested in Simon Property Group Inc (NYSE:SPG). 271,418 were reported by Guggenheim Capital Lc. Parallax Volatility Advisers Limited Partnership reported 2,207 shares stake. Assetmark owns 0.12% invested in Simon Property Group Inc (NYSE:SPG) for 46,477 shares. Capstone Invest Limited Com holds 872 shares or 0% of its portfolio. Apriem Advsr invested 0.01% of its portfolio in Simon Property Group Inc (NYSE:SPG). Thrivent Fincl For Lutherans reported 0.13% of its portfolio in Simon Property Group Inc (NYSE:SPG). Texas Permanent School Fund has invested 0.22% of its portfolio in Simon Property Group Inc (NYSE:SPG). Independent Port Consultants invested 0.04% in Simon Property Group Inc (NYSE:SPG). Investec Asset Mngmt North America owns 3,900 shares. Paloma Prtnrs Mngmt Co reported 0.03% in Simon Property Group Inc (NYSE:SPG).

Bank Of The West decreased Jpmorgan Chase And Co (NYSE:JPM) stake by 5,623 shares to 106,839 valued at $9.22M in 2016Q4. It also reduced Under Armour Inc (NYSE:UA) stake by 23,373 shares and now owns 81,075 shares. Suntrust Bks Inc (NYSE:STI) was reduced too.

Since January 1, 0001, it had 1 insider buy, and 1 insider sale for $1,779 activity.

Concannon Wealth Management Llc holds 7.18% of its portfolio in McDonald’s Corporation for 55,036 shares. Hs Management Partners Llc owns 1.33 million shares or 6.03% of their US portfolio. Moreover, Capstone Financial Advisors Inc. has 5.84% invested in the company for 105,086 shares. The California-based Focused Investors Llc has invested 5.56% in the stock. Clenar Muke Llc, a Australia-based fund reported 8.31 million shares.

The stock increased 4.75% or $7.22 during the last trading session, reaching $159.07. About 59 shares traded. McDonald’s Corporation (MCD) has risen 18.25% since July 26, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.

Ratings analysis reveals 50% of McDonald’s’s analysts are positive. Out of 4 Wall Street analysts rating McDonald’s, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $122.0 while the high is $137.0. The stock’s average target of $129 is -18.90% below today’s ($159.07) share price. MCD was included in 4 notes of analysts from August 30, 2016. Robert W. Baird upgraded the shares of MCD in report on Tuesday, August 30 to “Outperform” rating. The rating was maintained by Instinet on Wednesday, January 4 with “Buy”. The rating was downgraded by Guggenheim to “Neutral” on Thursday, December 1. The rating was maintained by Nomura with “Neutral” on Monday, October 17.