McDonald’s Corporation Has More Gas To Decrease After Today’s Bearish Options Activity

 McDonald's Corporation Has More Gas To Decrease After Today's Bearish Options Activity

In today’s session McDonald’s Corporation (MCD) recorded an unusually high (1,026) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the March, 2017 put, expecting serious MCD decrease. With 1,026 contracts traded and 11414 open interest for the Mar, 17 contract, it seems this is a quite bearish bet. The option with symbol: MCD170317P00100000 closed last at: $1.54 or 0% . About 1.17M shares traded hands. McDonald’s Corporation (NYSE:MCD) has declined 10.54% since March 30, 2016 and is downtrending. It has underperformed by 13.55% the S&P500.

McDonald’s Corporation (NYSE:MCD) Ratings Coverage

Out of 23 analysts covering McDonald’s Corporation (NYSE:MCD), 13 rate it a “Buy”, 1 “Sell”, while 9 “Hold”. This means 57% are positive. McDonald’s Corporation has been the topic of 53 analyst reports since September 29, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained McDonald’s Corporation (NYSE:MCD) on Tuesday, January 26 with “Outperform” rating. The firm has “Outperform” rating by Credit Suisse given on Tuesday, September 29. The rating was maintained by Barclays Capital on Friday, October 23 with “Overweight”. The rating was maintained by Credit Suisse with “Outperform” on Tuesday, January 26. The firm earned “Hold” rating on Tuesday, April 5 by Evercore. BTIG Research upgraded the shares of MCD in a report on Tuesday, January 19 to “Buy” rating. The rating was maintained by BTIG Research on Monday, April 25 with “Buy”. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, November 11. The firm has “Buy” rating given on Monday, April 25 by Deutsche Bank. Deutsche Bank maintained the stock with “Buy” rating in Friday, October 23 report.

According to Zacks Investment Research, “McDonald’s Corporation develops, operates, franchises and services a worldwide system of restaurants that prepare, assemble, package and sell a limited menu of value-priced foods. The company operates primarily in the quick-service hamburger restaurant business. All restaurants are operated by the company or, under the terms of franchise arrangements, by franchisees who are independent third parties, or by affiliates operating under joint-venture agreements between the company and local business people.”

Insitutional Activity: The institutional sentiment decreased to 0.72 in Q2 2016. Its down 0.04, from 0.76 in 2016Q1. The ratio fall, as 105 funds sold all McDonald’s Corporation shares owned while 619 reduced positions. 92 funds bought stakes while 432 increased positions. They now own 575.61 million shares or 9.50% less from 636.04 million shares in 2016Q1.
Verition Fund Management Lc accumulated 0.17% or 11,093 shares. Gideon Capital has invested 0.15% of its portfolio in McDonald’s Corporation (NYSE:MCD). Intact Inv, a Ontario – Canada-based fund reported 120,400 shares. Amf Pensionsforsakring accumulated 177,780 shares or 0.28% of the stock. Conning accumulated 206,040 shares or 1.02% of the stock. Hsbc Hldg Public Ltd Liability reported 1.16 million shares or 0.38% of all its holdings. Bank Pictet And Cie (Asia) Ltd accumulated 30,000 shares or 2.31% of the stock. Woodstock Corp last reported 0.67% of its portfolio in the stock. The Ohio-based Cincinnati Insurance Communications has invested 1.54% in McDonald’s Corporation (NYSE:MCD). Mogy Joel R Investment Counsel accumulated 7,453 shares or 0.17% of the stock. Ct Mason has invested 0.21% of its portfolio in McDonald’s Corporation (NYSE:MCD). Cetera Advisor Limited Liability Co accumulated 0.25% or 35,460 shares. Private Ocean Llc last reported 10,150 shares in the company. British Columbia Inv Mgmt Corp holds 507,737 shares or 0.54% of its portfolio. Moreover, Clarivest Asset Limited Liability Company has 0.01% invested in McDonald’s Corporation (NYSE:MCD) for 1,456 shares.

Insider Transactions: Since May 3, 2016, the stock had 0 insider purchases, and 2 selling transactions for $11.68 million net activity. Shares for $3.40 million were sold by MCKENNA ANDREW J. Mullens Brian also sold $108,946 worth of McDonald’s Corporation (NYSE:MCD) shares.

McDonald’s Corporation operates and franchises McDonald’s restaurants. The company has a market cap of $96.28 billion. The Company’s restaurants serve a locally-relevant menu of quality food and drinks sold at various price points in over 100 countries. It has a 20.99 P/E ratio. The Company’s divisions include U.S., International Lead Markets, High Growth Markets and Foundational Markets and Corporate.

MCD Company Profile

McDonald’s Corporation (McDonald’s), incorporated on December 21, 1964, operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally-relevant menu of quality food and drinks sold at various price points in over 100 countries. The Company’s divisions include U.S., International Lead Markets, High Growth Markets and Foundational Markets and Corporate. Of the approximately 36,525 restaurants in over 120 countries approximately 30,080 are franchised and over 6,444 are operated by the Company. McDonald’s franchised restaurants are owned and operated under various structures, including conventional franchise, developmental license or affiliate. The Firm is primarily a franchisor, with over 80% of McDonald’s restaurants owned and operated by independent franchisees. Under a conventional franchise arrangement, the Company owns the land and building or secures a long-term lease for the restaurant location and the franchisee pays for equipment, signs, seating and decor. The Firm uses the developmental license ownership structure in over 70 countries with a total of approximately 5,500 restaurants.

More notable recent McDonald’s Corporation (NYSE:MCD) news were published by: Valuewalk.com which released: “Dividend Aristocrats in Focus Part 19: McDonald’s Corporation (MCD)” on October 31, 2016, also Seekingalpha.com with their article: “Dividend Aristocrats In Focus Part 19: McDonald’s Corporation” published on October 29, 2016, Usnews.com published: “McDonald’s Corporation Shelves Ronald McDonald Amid Clown Sightings (MCD)” on October 11, 2016. More interesting news about McDonald’s Corporation (NYSE:MCD) were released by: Investorplace.com and their article: “McDonald’s Corporation Shakes Up C-Suite to Revive Sales (MCD)” published on October 17, 2016 as well as Investorplace.com‘s news article titled: “Why McDonald’s Corporation (MCD), Reynolds American, Inc. (RAI) and Time …” with publication date: October 21, 2016.

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