Lee Danner & Bass Raised Its Comcast Corp. (CMCSA) Position; Mcdonalds (MCD)’s Sentiment Is 0.88

March 14, 2018 - By Michael Collier

Lee Danner & Bass Inc increased Comcast Corp. (CMCSA) stake by 42.42% reported in 2017Q3 SEC filing. Lee Danner & Bass Inc acquired 41,001 shares as Comcast Corp. (CMCSA)’s stock rose 3.16%. The Lee Danner & Bass Inc holds 137,663 shares with $5.30 million value, up from 96,662 last quarter. Comcast Corp. now has $169.04 billion valuation. The stock decreased 0.10% or $0.03 during the last trading session, reaching $36.4. About 2.19M shares traded. Comcast Corporation (NASDAQ:CMCSA) has risen 28.96% since March 14, 2017 and is uptrending. It has outperformed by 12.26% the S&P500.

McDonaldÂ’s Corporation operates and franchises McDonaldÂ’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, Latin America, and internationally. The company has market cap of $126.27 billion. The company's restaurants offer various food products, soft drinks, coffee, and other beverages. It has a 24.95 P/E ratio. As of December 31, 2016, it operated 36,899 restaurants, including 31,230 franchised restaurants comprising 21,559 franchised to conventional franchisees, 6,300 licensed to developmental licensees, and 3,371 licensed to foreign affiliates; and 5,669 company-operated restaurants.

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on April, 24. They expect $1.67 EPS, up 13.61% or $0.20 from last year’s $1.47 per share. MCD’s profit will be $1.33B for 23.79 P/E if the $1.67 EPS becomes a reality. After $1.71 actual EPS reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts -2.34% negative EPS growth.

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 -18.83% below today’s ($158.93) share price. MCD was included in 4 notes of analysts from August 30, 2016. The firm has “Neutral” rating given on Monday, October 17 by Nomura. Robert W. Baird upgraded the shares of MCD in report on Tuesday, August 30 to “Outperform” rating. The stock of McDonald's Corporation (NYSE:MCD) earned “Neutral” rating by Guggenheim on Thursday, December 1. The company was maintained on Wednesday, January 4 by Instinet.

Hs Management Partners Llc holds 7.97% of its portfolio in McDonald's Corporation for 1.57 million shares. Capstone Financial Advisors Inc. owns 108,799 shares or 7.58% of their US portfolio. Moreover, Bank Pictet & Cie (Asia) Ltd has 5.43% invested in the company for 73,420 shares. The New York-based R. G. Niederhoffer Capital Management Inc has invested 5.24% in the stock. Focused Investors Llc, a California-based fund reported 769,800 shares.

Since January 1, 0001, it had 0 insider purchases, and 3 sales for $7.57 million activity.

The stock increased 0.45% or $0.71 during the last trading session, reaching $158.93. About 484,291 shares traded. McDonald's Corporation (MCD) has risen 18.25% since March 14, 2017 and is uptrending. It has outperformed by 1.55% the S&P500.

Lee Danner & Bass Inc decreased Overstock (NASDAQ:OSTK) stake by 13,234 shares to 594,766 valued at $17.67M in 2017Q3. It also reduced Schlumberger Ltd. (NYSE:SLB) stake by 7,060 shares and now owns 128,831 shares. Berkshire Hathaway ‘B’ (BRKB) was reduced too.

Since September 15, 2017, it had 0 insider purchases, and 5 insider sales for $35.90 million activity. BACON KENNETH J sold $83,175 worth of stock. $224,575 worth of Comcast Corporation (NASDAQ:CMCSA) was sold by BLOCK ARTHUR R on Monday, December 18. The insider WATSON DAVID N sold 131,447 shares worth $4.84M. BURKE STEPHEN B sold $8.11M worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26. 583,835 shares were sold by ROBERTS BRIAN L, worth $22.57M on Thursday, December 14.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.10, from 1.03 in 2017Q2. It dived, as 53 investors sold CMCSA shares while 517 reduced holdings. 115 funds opened positions while 470 raised stakes. 3.65 billion shares or 1.23% less from 3.69 billion shares in 2017Q2 were reported. Bankshares Of Montreal Can holds 13.68M shares or 0.48% of its portfolio. Investec Asset Limited has 1.02% invested in Comcast Corporation (NASDAQ:CMCSA) for 6.06 million shares. Winfield Assocs holds 0.04% or 1,992 shares in its portfolio. Tcw Inc reported 5.51 million shares or 1.68% of all its holdings. Ckw Fincl Group stated it has 0.04% in Comcast Corporation (NASDAQ:CMCSA). Howe & Rusling reported 134,094 shares or 0.95% of all its holdings. Bainco Invsts, Massachusetts-based fund reported 160,799 shares. Umb Bank & Trust N A Mo stated it has 301,091 shares or 0.4% of all its holdings. Cibc Ww Corporation accumulated 2.27 million shares or 0.84% of the stock. Orrstown Financial Service holds 0.05% or 1,118 shares in its portfolio. Wellington Mngmt Limited Liability Partnership holds 0.72% or 81.48M shares. Maryland-based Proshare Advsrs Ltd Llc has invested 0.71% in Comcast Corporation (NASDAQ:CMCSA). Dekabank Deutsche Girozentrale, a Germany-based fund reported 4.46 million shares. Colony Grp Ltd Liability Company invested 0.37% in Comcast Corporation (NASDAQ:CMCSA). Silvercrest Asset Management Grp Inc Ltd Llc holds 0.11% or 294,750 shares.

Among 31 analysts covering Comcast Corporation (NASDAQ:CMCSA), 23 have Buy rating, 1 Sell and 7 Hold. Therefore 74% are positive. Comcast Corporation had 80 analyst reports since July 27, 2015 according to SRatingsIntel. On Friday, January 19 the stock rating was maintained by Scotia Capital with “Buy”. The stock has “Neutral” rating by Instinet on Thursday, January 18. The firm earned “Buy” rating on Tuesday, September 27 by Pivotal Research. The rating was maintained by Pivotal Research with “Buy” on Thursday, July 27. The firm has “Buy” rating given on Thursday, July 6 by Jefferies. Pivotal Research maintained the shares of CMCSA in report on Thursday, December 17 with “Buy” rating. The firm earned “Buy” rating on Friday, September 8 by RBC Capital Markets. The stock has “Buy” rating by Nomura on Tuesday, December 8. The rating was maintained by Macquarie Research with “Neutral” on Tuesday, September 29. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Sell” rating by Citigroup on Wednesday, July 26.

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