Tillar-Wenstrup Advisors Increased Its Alaska Air Group (ALK) Stake by $390,888; Stock Value Declined; Payden & Rygel Increased Its Holding in Mcdonald’s (MCD) as Stock Declined

June 16, 2018 - By Richard Conner

McDonald's Corporation (NYSE:MCD) Logo

Payden & Rygel increased its stake in Mcdonald’s (MCD) by 4.13% based on its latest 2018Q1 regulatory filing with the SEC. Payden & Rygel bought 6,700 shares as the company’s stock declined 0.23% with the market. The institutional investor held 168,900 shares of the restaurants company at the end of 2018Q1, valued at $26.41 million, up from 162,200 at the end of the previous reported quarter. Payden & Rygel who had been investing in Mcdonald’s for a number of months, seems to be bullish on the $130.70B market cap company. The stock decreased 0.35% or $0.59 during the last trading session, reaching $166.46. About 7.38 million shares traded or 85.47% up from the average. McDonald's Corporation (NYSE:MCD) has risen 8.97% since June 16, 2017 and is uptrending. It has underperformed by 3.60% the S&P500. Some Historical MCD News: 15/03/2018 – Value Menu Flop Has Traders Gobbling Up McDonald’s on the Cheap; 30/04/2018 – McDonald’s: 1Q U.S. Comps Up on Growth in Average Check Resulting From Menu Price Increases, Product Mix Shifts; 13/03/2018 – McDonald’s All American Games Announces The 2018 Morgan Wootten Player Of The Year Award Winners; 30/04/2018 – McDonald’s Sees 2018 Basket-of-Goods Commodity Costs Up 1%-2% in U.S; 08/05/2018 – McDonald’s® Restaurants of the Greater Philadelphia Region Announce Addition of Made-to-Order, Fresh Beef Quarter Pounder Burg; 30/04/2018 – McDonald’s: Foreign Currency Translation Boosted 1Q Revenue by $287.3M; 30/04/2018 – MCDONALD’S SEES FULL YR TAX RATE 25%-27%; 17/05/2018 – Ex-Barclays trader tells court being a bank VP is like working at McDonald’s; 30/04/2018 – McDonald’s grills up strong same-store sales growth; 18/05/2018 – More cities across the United States, including Seattle and Malibu, California, are banning the use of single-serve plastic food-service items like plates and straws, an issue McDonald’s and Starbucks will have to solve

Tillar-Wenstrup Advisors Llc increased its stake in Alaska Air Group (ALK) by 24.93% based on its latest 2018Q1 regulatory filing with the SEC. Tillar-Wenstrup Advisors Llc bought 6,408 shares as the company’s stock declined 6.47% with the market. The institutional investor held 32,117 shares of the transportation company at the end of 2018Q1, valued at $1.99M, up from 25,709 at the end of the previous reported quarter. Tillar-Wenstrup Advisors Llc who had been investing in Alaska Air Group for a number of months, seems to be bullish on the $7.77 billion market cap company. The stock increased 0.86% or $0.54 during the last trading session, reaching $63.04. About 2.86M shares traded or 26.23% up from the average. Alaska Air Group, Inc. (NYSE:ALK) has declined 28.54% since June 16, 2017 and is downtrending. It has underperformed by 41.11% the S&P500. Some Historical ALK News: 23/04/2018 – ALASKA AIR CEO SAYS PACTS IN PLACE FOR 80% OF UNIONIZED PAYROLL; 19/04/2018 – Alaska Air: Animal Health and Behavioral Documents Must Be Provided for Emotional Support Animals After May 1; 15/05/2018 – Alaska Air April Traffic Rose 4.6%; 15/05/2018 – Alaska Air Group: Combined April Capacity Up 8.7%; 04/05/2018 – ALASKA AIR ISSUES FINANCIAL RECASTS FOR NEW ACCOUNTING STANDARD; 09/04/2018 – U.S. airline industry boasts overall improvements -study; 13/03/2018 – ALASKA AIR GROUP INC – SEES FY 2018 ASMS 66.6 BLN TO 66.75 BLN; 15/05/2018 – ALK REVISES 2017 ADJ. EPS TO $6.38 ON NEW ACCOUNTING STANDARDS; 14/03/2018 – Co-pilot sues Alaska Airlines, alleges flight captain raped her; 03/04/2018 – Alaska Airlines Flight Attendants Ratify Merger Contract

Investors sentiment decreased to 0.79 in 2018 Q1. Its down 0.09, from 0.88 in 2017Q4. It dropped, as 78 investors sold MCD shares while 616 reduced holdings. 106 funds opened positions while 439 raised stakes. 508.60 million shares or 1.89% less from 518.42 million shares in 2017Q4 were reported. Magellan Asset Management Limited has 3.42% invested in McDonald's Corporation (NYSE:MCD). Moody Bank Tru Division invested in 0.14% or 17,113 shares. Franklin Resource has invested 0.23% in McDonald's Corporation (NYSE:MCD). Wellington Mngmt Limited Liability Partnership accumulated 10.32M shares. Comerica Secs holds 0.03% or 1,475 shares in its portfolio. Raymond James Svcs invested 0.23% of its portfolio in McDonald's Corporation (NYSE:MCD). Employees Retirement System Of Texas has 186,600 shares. Centre Asset Mngmt Limited invested in 29,940 shares. King Luther Mngmt stated it has 36,082 shares. Boothbay Fund Mgmt Ltd Liability Company holds 0.03% of its portfolio in McDonald's Corporation (NYSE:MCD) for 1,726 shares. 6.74M were accumulated by Jennison Associates. Carnegie Asset Ltd reported 4,426 shares. Marco Ltd Liability Corporation reported 15,059 shares or 0.37% of all its holdings. Mairs Power Incorporated invested in 15,504 shares or 0.03% of the stock. Union Fincl Bank invested 0.7% of its portfolio in McDonald's Corporation (NYSE:MCD).

Since January 31, 2018, it had 0 insider buys, and 4 insider sales for $11.52 million activity. On Tuesday, May 1 GOARE DOUGLAS M sold $2.19 million worth of McDonald's Corporation (NYSE:MCD) or 13,255 shares. $3.09M worth of stock was sold by OZAN KEVIN M on Tuesday, May 1.

Payden & Rygel, which manages about $82.81B and $1.23 billion US Long portfolio, decreased its stake in Wells Fargo (NYSE:WFC) by 67,600 shares to 254,500 shares, valued at $13.34M in 2018Q1, according to the filing. It also reduced its holding in Kimberly (NYSE:KMB) by 13,900 shares in the quarter, leaving it with 400 shares, and cut its stake in Jpmorgan Chase (NYSE:JPM).

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Bizjournals.com which released: “McDonald’s to test alternatives to plastic straws” on June 15, 2018, also Seekingalpha.com with their article: “McDonald’s: Excellent Long-Term Compounding Candidate” published on June 05, 2018, Seekingalpha.com published: “McDonald’s: Not Spending Beyond Its Means” on June 15, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s to detail restructuring plan” published on June 12, 2018 as well as Seekingalpha.com‘s news article titled: “McDonald’s updates on US reorganization” with publication date: June 12, 2018.

Among 36 analysts covering McDonald’s Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 10 Hold. Therefore 69% are positive. McDonald’s Corporation had 154 analyst reports since September 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, November 11 by UBS. Robert W. Baird maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, January 26. Robert W. Baird has “Neutral” rating and $122 target. As per Monday, May 7, the company rating was upgraded by Goldman Sachs. Nomura maintained McDonald's Corporation (NYSE:MCD) on Wednesday, January 31 with “Buy” rating. The company was maintained on Wednesday, October 25 by Robert W. Baird. Credit Suisse upgraded the stock to “Focus List” rating in Monday, October 19 report. The firm has “Buy” rating given on Tuesday, January 23 by Robert W. Baird. Credit Suisse maintained the shares of MCD in report on Tuesday, December 19 with “Buy” rating. The company was upgraded on Monday, January 4 by Nomura. As per Friday, October 13, the company rating was maintained by RBC Capital Markets.

Tillar-Wenstrup Advisors Llc, which manages about $178.25M and $171.70M US Long portfolio, decreased its stake in Ishares Msci Usa Value (VLUE) by 3,882 shares to 43,428 shares, valued at $3.56M in 2018Q1, according to the filing. It also reduced its holding in Vanguard Emerging Markets (VWO) by 33,741 shares in the quarter, leaving it with 35,561 shares, and cut its stake in Ishares Msci Usa Momentum (MTUM).

Among 17 analysts covering Alaska Air Group (NYSE:ALK), 8 have Buy rating, 2 Sell and 7 Hold. Therefore 47% are positive. Alaska Air Group had 92 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Alaska Air Group, Inc. (NYSE:ALK) earned “Hold” rating by Imperial Capital on Friday, June 1. Barclays Capital downgraded the stock to “Equal-Weight” rating in Wednesday, January 10 report. The rating was downgraded by J.P. Morgan on Wednesday, November 1 to “Hold”. The stock of Alaska Air Group, Inc. (NYSE:ALK) has “Buy” rating given on Friday, January 22 by Deutsche Bank. The rating was upgraded by Stifel Nicolaus to “Buy” on Monday, March 20. The firm has “Neutral” rating by Citigroup given on Monday, September 18. On Tuesday, December 22 the stock rating was downgraded by Stifel Nicolaus to “Hold”. Deutsche Bank maintained it with “Hold” rating and $77 target in Friday, October 23 report. The firm earned “Neutral” rating on Tuesday, May 29 by Citigroup. Morgan Stanley maintained the shares of ALK in report on Monday, September 18 with “Overweight” rating.

More notable recent Alaska Air Group, Inc. (NYSE:ALK) news were published by: Prnewswire.com which released: “Alaska Airlines announces new nonstop service between San Diego and Spokane, Washington” on June 14, 2018, also Fool.com with their article: “Southwest Airlines and Alaska Air Are Playing Nice Again” published on June 02, 2018, Bizjournals.com published: “Southwest, Delta respond to Dallas’ proposal to solve Love Field dispute” on June 14, 2018. More interesting news about Alaska Air Group, Inc. (NYSE:ALK) were released by: Forbes.com and their article: “How Sensitive Is Alaska Air’s Price To Oil Prices?” published on June 15, 2018 as well as Benzinga.com‘s news article titled: “Fed Minutes Get A Dovish Read, And Focus Shifts Once Again Toward Trade” with publication date: May 24, 2018.

Investors sentiment increased to 1.11 in 2018 Q1. Its up 0.12, from 0.99 in 2017Q4. It improved, as 70 investors sold ALK shares while 123 reduced holdings. 59 funds opened positions while 156 raised stakes. 110.73 million shares or 8.41% more from 102.14 million shares in 2017Q4 were reported. Commonwealth Comml Bank Of Aus stated it has 55,389 shares. Boston Common Asset Management reported 0.1% stake. Macquarie Gp Limited has invested 0% of its portfolio in Alaska Air Group, Inc. (NYSE:ALK). Metropolitan Life Insurance Ny holds 23,624 shares. Ameriprise Fincl Inc invested in 1.15M shares or 0.03% of the stock. Retirement Of Alabama reported 0.02% stake. Epoch Investment Prtnrs Inc holds 83,339 shares or 0.02% of its portfolio. Cullen Frost Bankers reported 5,603 shares or 0.01% of all its holdings. Cibc Ww Mkts holds 11,145 shares or 0% of its portfolio. D E Shaw holds 385,965 shares or 0.03% of its portfolio. Primecap Mngmt Communication Ca stated it has 6.00 million shares or 0.28% of all its holdings. The Virginia-based Bb&T Securities Limited Liability Corp has invested 0.05% in Alaska Air Group, Inc. (NYSE:ALK). Citigroup invested 0% in Alaska Air Group, Inc. (NYSE:ALK). Jpmorgan Chase accumulated 697,647 shares or 0.01% of the stock. Bluemountain Management Ltd Liability Com has invested 0.17% in Alaska Air Group, Inc. (NYSE:ALK).

Alaska Air Group, Inc. (NYSE:ALK) Institutional Positions Chart

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