Snow Capital Management LP Has Upped Chevron (CVX) Holding By $1.92 Million; Wealth Enhancement Advisory Services Trimmed By $967,045 Its Mcdonalds (MCD) Stake

October 12, 2017 - By Vivian Currie

Snow Capital Management Lp increased Chevron Corp (CVX) stake by 821.49% reported in 2017Q2 SEC filing. Snow Capital Management Lp acquired 18,467 shares as Chevron Corp (CVX)’s stock declined 3.45%. The Snow Capital Management Lp holds 20,715 shares with $2.16 million value, up from 2,248 last quarter. Chevron Corp now has $226.36B valuation. The stock declined 0.39% or $0.46 reaching $118.87 on the news. About 766,759 shares traded. Chevron Corporation (NYSE:CVX) has risen 6.68% since October 12, 2016 and is uptrending. It has underperformed by 10.02% the S&P500.

Wealth Enhancement Advisory Services Llc decreased Mcdonalds Corp (MCD) stake by 50.38% reported in 2017Q2 SEC filing. Wealth Enhancement Advisory Services Llc sold 6,239 shares as Mcdonalds Corp (MCD)’s stock rose 15.92%. The Wealth Enhancement Advisory Services Llc holds 6,145 shares with $956,000 value, down from 12,384 last quarter. Mcdonalds Corp now has $132.89B valuation. The stock rose 0.30% or $0.49 reaching $163.64. About 844,963 shares traded. McDonald’s Corporation (NYSE:MCD) has risen 18.25% since October 12, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.




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 97 analyst reports since September 29, 2015 according to SRatingsIntel. Canaccord Genuity maintained McDonald’s Corporation (NYSE:MCD) rating on Thursday, October 5. Canaccord Genuity has “Hold” rating and $170.0 target. The firm has “Outperform” rating by Credit Suisse given on Tuesday, September 29. The stock of McDonald’s Corporation (NYSE:MCD) earned “Buy” rating by Deutsche Bank on Tuesday, January 26. The firm has “Buy” rating given on Monday, October 2 by Robert W. Baird. On Tuesday, October 13 the stock rating was initiated by SunTrust with “Buy”. The stock has “Buy” rating by BTIG Research on Tuesday, January 19. Nomura maintained McDonald’s Corporation (NYSE:MCD) rating on Wednesday, July 19. Nomura has “Buy” rating and $172 target. The stock of McDonald’s Corporation (NYSE:MCD) earned “Outperform” rating by RBC Capital Markets on Tuesday, January 26. The stock of McDonald’s Corporation (NYSE:MCD) earned “Hold” rating by Evercore on Tuesday, April 5. The rating was maintained by Credit Suisse on Wednesday, July 27 with “Outperform”.

Analysts await McDonald’s Corporation (NYSE:MCD) to report earnings on October, 24 before the open. They expect $1.74 earnings per share, up 7.41% or $0.12 from last year’s $1.62 per share. MCD’s profit will be $1.41 billion for 23.51 P/E if the $1.74 EPS becomes a reality. After $1.73 actual earnings per share reported by McDonald’s Corporation for the previous quarter, Wall Street now forecasts 0.58% EPS growth.

Investors sentiment decreased to 0.78 in Q2 2017. Its down 0.02, from 0.8 in 2017Q1. It worsened, 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. Gilman Hill Asset Mngmt Limited Liability Com owns 3,031 shares. Appleton Prns Ma has invested 0.69% of its portfolio in McDonald’s Corporation (NYSE:MCD). Peoples Fincl reported 24,398 shares stake. Moreover, Mogy Joel R Counsel has 0.2% invested in McDonald’s Corporation (NYSE:MCD) for 7,553 shares. Burgundy Asset holds 2.04% or 1.41 million shares in its portfolio. Barr E S holds 0.11% or 6,239 shares in its portfolio. Chevy Chase Tru Holding reported 804,601 shares. Boulegeris Invs has invested 0.35% in McDonald’s Corporation (NYSE:MCD). Howe And Rusling Inc owns 0.02% invested in McDonald’s Corporation (NYSE:MCD) for 480 shares. Hyman Charles D reported 140,194 shares. The Indiana-based First Financial Corp In has invested 0.56% in McDonald’s Corporation (NYSE:MCD). Todd Asset Mgmt Lc has invested 0.53% in McDonald’s Corporation (NYSE:MCD). Buckhead Capital Mgmt Ltd accumulated 7,835 shares. Petrus Lta stated it has 1.2% of its portfolio in McDonald’s Corporation (NYSE:MCD). Mark Asset Management Corp has 66,783 shares for 2.3% of their portfolio.

Wealth Enhancement Advisory Services Llc increased Schwab Strategic Tr (SCHE) stake by 184,882 shares to 1.91 million valued at $47.78M in 2017Q2. It also upped Paychex Inc (NASDAQ:PAYX) stake by 7,779 shares and now owns 59,130 shares. Etfs Precious Metals Basket (GLTR) was raised too.

Among 34 analysts covering Chevron Corporation (NYSE:CVX), 24 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. Chevron Corporation had 82 analyst reports since August 4, 2015 according to SRatingsIntel. As per Tuesday, December 15, the company rating was maintained by Cowen & Co. The rating was maintained by UBS on Monday, May 2 with “Neutral”. On Monday, September 21 the stock rating was upgraded by Tudor Pickering to “Accumulate”. The rating was maintained by RBC Capital Markets on Friday, March 24 with “Hold”. The rating was initiated by Nomura on Friday, March 18 with “Neutral”. The rating was upgraded by Wolfe Research to “Peer Perform” on Tuesday, September 29. The stock has “Buy” rating by CLSA on Tuesday, November 15. The rating was maintained by JP Morgan on Tuesday, December 15 with “Overweight”. PiperJaffray upgraded the stock to “Overweight” rating in Tuesday, August 9 report. Bank of America upgraded Chevron Corporation (NYSE:CVX) on Wednesday, January 4 to “Buy” rating.

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