Wealthfront Boosted By $560,898 Its Mcdonalds (MCD) Position; Main Street Research Lowered Amgen (AMGN) Stake

October 13, 2017 - By Vivian Park

Main Street Research Llc decreased Amgen Inc (AMGN) stake by 4.77% reported in 2017Q2 SEC filing. Main Street Research Llc sold 3,269 shares as Amgen Inc (AMGN)’s stock declined 9.68%. The Main Street Research Llc holds 65,199 shares with $11.23M value, down from 68,468 last quarter. Amgen Inc now has $133.54 billion valuation. The stock declined 0.32% or $0.58 reaching $182.43 per share. About 1.66M shares traded. Amgen, Inc. (NASDAQ:AMGN) has risen 5.27% since October 13, 2016 and is uptrending. It has underperformed by 11.43% the S&P500.

Wealthfront Inc increased Mcdonalds Corp (MCD) stake by 12.01% reported in 2017Q2 SEC filing. Wealthfront Inc acquired 3,666 shares as Mcdonalds Corp (MCD)’s stock rose 15.92%. The Wealthfront Inc holds 34,179 shares with $5.24 million value, up from 30,513 last quarter. Mcdonalds Corp now has $133.95B valuation. The stock increased 0.89% or $1.46 during the last trading session, reaching $165.37. About 2.35M shares traded. McDonald’s Corporation (NYSE:MCD) has risen 18.25% since October 13, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.

Wealthfront Inc decreased Walt Disney Co (NYSE:DIS) stake by 4,233 shares to 32,797 valued at $3.49 million in 2017Q2. It also reduced Intel Corp (NASDAQ:INTC) stake by 12,894 shares and now owns 83,994 shares. Schlumberger Ltd (NYSE:SLB) was reduced too.

Among 32 analysts covering McDonald’s Corporation (NYSE:MCD), 21 have Buy rating, 1 Sell and 10 Hold. Therefore 66% are positive. McDonald’s Corporation had 99 analyst reports since September 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 19 by Jefferies. The stock has “Neutral” rating by UBS on Friday, January 6. The rating was maintained by Nomura on Monday, October 17 with “Neutral”. The firm earned “Equal-Weight” rating on Tuesday, January 26 by Morgan Stanley. The stock of McDonald’s Corporation (NYSE:MCD) has “Neutral” rating given on Thursday, October 1 by Nomura. The firm earned “Buy” rating on Monday, April 25 by Deutsche Bank. The rating was maintained by Robert W. Baird with “Buy” on Monday, June 5. The stock of McDonald’s Corporation (NYSE:MCD) has “Outperform” rating given on Friday, March 3 by Telsey Advisory Group. The stock has “Hold” rating by Canaccord Genuity on Thursday, October 5. The rating was initiated by SunTrust on Thursday, October 8 with “Buy”.

Investors sentiment decreased to 0.78 in 2017 Q2. Its down 0.02, from 0.8 in 2017Q1. It is negative, 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. Mai Capital Mngmt, a Ohio-based fund reported 9,876 shares. Court Place Advisors Limited Liability Co invested in 0.43% or 5,857 shares. California-based Shelton Management has invested 0.29% in McDonald’s Corporation (NYSE:MCD). Kornitzer Management Ks owns 0.74% invested in McDonald’s Corporation (NYSE:MCD) for 277,035 shares. Marathon Asset Llp holds 2% of its portfolio in McDonald’s Corporation (NYSE:MCD) for 755,322 shares. Wealth Planning Ltd Liability Com holds 3,296 shares. Taurus Asset Ltd Co holds 2.77% in McDonald’s Corporation (NYSE:MCD) or 115,568 shares. First Personal Svcs stated it has 27,307 shares. John G Ullman And Associate holds 0.05% of its portfolio in McDonald’s Corporation (NYSE:MCD) for 1,540 shares. Brown Advisory invested 0.13% of its portfolio in McDonald’s Corporation (NYSE:MCD). Martin & Commerce Inc Tn has 24,552 shares for 1.16% of their portfolio. Rnc Cap Limited Com holds 0.04% or 3,379 shares. Blue Finance has invested 0.62% of its portfolio in McDonald’s Corporation (NYSE:MCD). Victory Cap Inc has 0.04% invested in McDonald’s Corporation (NYSE:MCD). Amica Mutual Insur invested in 0.56% or 40,430 shares.

Among 22 analysts covering Amgen Inc. (NASDAQ:AMGN), 11 have Buy rating, 0 Sell and 11 Hold. Therefore 50% are positive. Amgen Inc. had 64 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Saturday, August 29 by Piper Jaffray. The rating was initiated by Raymond James with “Market Perform” on Tuesday, September 1. Jefferies maintained it with “Buy” rating and $200.0 target in Sunday, August 27 report. Oppenheimer maintained Amgen, Inc. (NASDAQ:AMGN) on Monday, June 5 with “Buy” rating. Vetr upgraded the shares of AMGN in report on Friday, August 21 to “Buy” rating. The stock of Amgen, Inc. (NASDAQ:AMGN) has “Hold” rating given on Wednesday, April 5 by Jefferies. On Tuesday, December 15 the stock rating was upgraded by Morgan Stanley to “Overweight”. The rating was maintained by Jefferies on Monday, June 12 with “Hold”. The rating was initiated by Oppenheimer with “Outperform” on Tuesday, December 13. Oppenheimer maintained it with “Buy” rating and $203.0 target in Wednesday, August 23 report.

Analysts await Amgen, Inc. (NASDAQ:AMGN) to report earnings on October, 26. They expect $3.07 earnings per share, up 1.66% or $0.05 from last year’s $3.02 per share. AMGN’s profit will be $2.25B for 14.86 P/E if the $3.07 EPS becomes a reality. After $3.27 actual earnings per share reported by Amgen, Inc. for the previous quarter, Wall Street now forecasts -6.12% negative EPS growth.

Main Street Research Llc increased Fifth Third Bancorp (NASDAQ:FITB) stake by 26,800 shares to 467,445 valued at $12.14M in 2017Q2. It also upped Kraft Heinz Co stake by 4,995 shares and now owns 71,224 shares. Lam Research Corp (NASDAQ:LRCX) was raised too.

Investors sentiment decreased to 1.15 in 2017 Q2. Its down 0.10, from 1.25 in 2017Q1. It worsened, as 72 investors sold AMGN shares while 463 reduced holdings. 100 funds opened positions while 517 raised stakes. 557.32 million shares or 1.16% less from 563.88 million shares in 2017Q1 were reported. Employees Retirement Association Of Colorado, Colorado-based fund reported 139,699 shares. Sawgrass Asset Mgmt Ltd holds 0.01% or 1,710 shares in its portfolio. Shoker Inv Counsel owns 9,943 shares or 1.35% of their US portfolio. Whalerock Point Partners Ltd Liability Corporation reported 0.44% of its portfolio in Amgen, Inc. (NASDAQ:AMGN). Fragasso Gp accumulated 1.09% or 20,793 shares. Private Cap Inc reported 2,900 shares. Pekin Singer Strauss Asset Management Il has invested 0.05% of its portfolio in Amgen, Inc. (NASDAQ:AMGN). Truenorth has 0.33% invested in Amgen, Inc. (NASDAQ:AMGN). Meyer Handelman invested in 1.29% or 177,631 shares. Panagora Asset Mngmt holds 0.85% or 1.22 million shares. 40,355 are held by Bluemountain Cap Management. Hartline Corp has 0.58% invested in Amgen, Inc. (NASDAQ:AMGN). Brown Advisory Inc reported 182,620 shares or 0.1% of all its holdings. Mig Lc holds 1,215 shares or 0.03% of its portfolio. The Florida-based Noesis Cap Mangement has invested 0.65% in Amgen, Inc. (NASDAQ:AMGN).

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.

Twitter Auto Publish Powered By : XYZScripts.com