Brave Asset Management Increased Disney Walt Co (DIS) Stake by $373,282 as Shares Declined; Waterfront Capital Partners Raised Its Mcdonalds (MCD) Position by $4.82 Million

February 20, 2018 - By wolcottdaily

Eduardo Abush increased its stake in Mcdonalds Corp (MCD) by 39.86% based on its latest 2017Q3 regulatory filing with the SEC. Waterfront Capital Partners Llc bought 30,888 shares as the company’s stock rose 15.92% with the market. The hedge fund run by Eduardo Abush held 108,388 shares of the restaurants company at the end of 2017Q3, valued at $16.98M, up from 77,500 at the end of the previous reported quarter. Waterfront Capital Partners Llc who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $125.37 billion market cap company. The stock decreased 0.34% or $0.53 during the last trading session, reaching $157.26. About 3.56 million shares traded. McDonald's Corporation (NYSE:MCD) has risen 18.25% since February 20, 2017 and is uptrending. It has outperformed by 1.55% the S&P500.

Brave Asset Management Inc increased its stake in Disney Walt Co (DIS) by 21.65% based on its latest 2017Q3 regulatory filing with the SEC. Brave Asset Management Inc bought 3,809 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 21,399 shares of the television services company at the end of 2017Q3, valued at $2.11 million, up from 17,590 at the end of the previous reported quarter. Brave Asset Management Inc who had been investing in Disney Walt Co for a number of months, seems to be bullish on the $159.45 billion market cap company. The stock decreased 0.46% or $0.49 during the last trading session, reaching $106.04. About 4.38 million shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since February 20, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 23 have Buy rating, 3 Sell and 13 Hold. Therefore 59% are positive. The Walt Disney Company had 152 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, July 13 the stock rating was maintained by BMO Capital Markets with “Sell”. J.P. Morgan maintained The Walt Disney Company (NYSE:DIS) rating on Friday, September 8. J.P. Morgan has “Buy” rating and $125.0 target. The rating was maintained by Topeka Capital Markets on Thursday, October 29 with “Buy”. The company was maintained on Tuesday, January 19 by Stifel Nicolaus. The stock of The Walt Disney Company (NYSE:DIS) earned “Buy” rating by Bank of America on Wednesday, January 10. The rating was downgraded by Wells Fargo on Tuesday, August 18 to “Market Perform”. The firm has “Market Perform” rating by Bernstein given on Friday, April 7. The stock has “Hold” rating by Loop Capital on Monday, May 15. Barclays Capital maintained it with “Equal-Weight” rating and $98 target in Friday, August 14 report. BMO Capital Markets maintained the stock with “Sell” rating in Wednesday, November 22 report.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.20, from 1.09 in 2017Q2. It turned negative, as 90 investors sold DIS shares while 649 reduced holdings. 95 funds opened positions while 563 raised stakes. 898.84 million shares or 2.35% less from 920.44 million shares in 2017Q2 were reported. Harvey Capital Incorporated accumulated 22,400 shares. Brookstone Cap Mgmt has invested 0.04% in The Walt Disney Company (NYSE:DIS). Diamond Hill has invested 1.24% in The Walt Disney Company (NYSE:DIS). Koshinski Asset invested in 0.47% or 14,493 shares. 2.54 million are held by New York State Teachers Retirement Sys. Woodmont Counsel Lc owns 5,373 shares for 0.14% of their portfolio. Boston Private Wealth Ltd holds 243,521 shares or 0.92% of its portfolio. Morgan Stanley invested 0.76% in The Walt Disney Company (NYSE:DIS). Harvest Mgmt reported 0.28% stake. Moreover, Wms Prtn Limited has 0.23% invested in The Walt Disney Company (NYSE:DIS) for 19,801 shares. Filament Limited Liability Corporation invested in 0.18% or 4,727 shares. Mariner Wealth Advsr Limited Liability Corporation has invested 0.37% of its portfolio in The Walt Disney Company (NYSE:DIS). Arrowgrass Prns Llp has 12.38% invested in The Walt Disney Company (NYSE:DIS) for 474,991 shares. Endurance Wealth Incorporated holds 0.01% or 522 shares. 20,919 were accumulated by Condor Capital Management.

Brave Asset Management Inc, which manages about $193.32M and $190.54M US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 3,140 shares to 28,483 shares, valued at $4.39M in 2017Q3, according to the filing. It also reduced its holding in Citigroup Inc (Call) (NYSE:C) by 15,200 shares in the quarter, leaving it with 121,000 shares, and cut its stake in Intel Corp (NASDAQ:INTC).

Among 35 analysts covering McDonald’s Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. McDonald’s Corporation had 138 analyst reports since September 29, 2015 according to SRatingsIntel. The company was maintained on Thursday, June 1 by Telsey Advisory Group. Cowen & Co maintained it with “Market Perform” rating and $125 target in Monday, March 28 report. As per Wednesday, July 26, the company rating was maintained by Robert W. Baird. The rating was initiated by SunTrust with “Buy” on Tuesday, October 13. The rating was maintained by UBS on Friday, October 23 with “Buy”. Robert W. Baird maintained McDonald's Corporation (NYSE:MCD) rating on Monday, October 2. Robert W. Baird has “Buy” rating and $170.0 target. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, January 26 report. The firm has “Buy” rating given on Tuesday, January 23 by Robert W. Baird. The firm has “Buy” rating by Longbow given on Thursday, September 28. Deutsche Bank maintained the stock with “Buy” rating in Monday, April 25 report.

Since October 25, 2017, it had 0 buys, and 3 insider sales for $7.57 million activity. 8,046 shares were sold by Sappington James R, worth $1.33 million. $6.00M worth of McDonald's Corporation (NYSE:MCD) was sold by GOARE DOUGLAS M on Wednesday, January 31.

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