Thornburg Investment Management Inc decreased its stake in Fomento Economico Mex (FMX) by 7.33% based on its latest 2017Q3 regulatory filing with the SEC. Thornburg Investment Management Inc sold 31,464 shares as the company’s stock rose 14.44% with the market. The institutional investor held 397,968 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $38.02M, down from 429,432 at the end of the previous reported quarter. Thornburg Investment Management Inc who had been investing in Fomento Economico Mex for a number of months, seems to be less bullish one the $19.80 billion market cap company. The stock decreased 1.42% or $1.32 during the last trading session, reaching $91.51. About 91,688 shares traded. Fomento EconÃ³mico Mexicano, S.A.B. de C.V. (NYSE:FMX) has risen 4.34% since March 22, 2017 and is uptrending. It has underperformed by 12.36% the S&P500.
United Bank increased its stake in Mcdonalds Corp (MCD) by 143.59% based on its latest 2017Q3 regulatory filing with the SEC. United Bank bought 16,987 shares as the company’s stock rose 15.92% with the market. The institutional investor held 28,817 shares of the restaurants company at the end of 2017Q3, valued at $4.52 million, up from 11,830 at the end of the previous reported quarter. United Bank who had been investing in Mcdonalds Corp for a number of months, seems to be bullish on the $125.56B market cap company. The stock decreased 0.39% or $0.62 during the last trading session, reaching $158.04. About 672,453 shares traded. McDonald's Corporation (NYSE:MCD) has risen 18.25% since March 22, 2017 and is uptrending. It has outperformed by 1.55% the S&P500.
Thornburg Investment Management Inc, which manages about $94.41 billion and $14.00 billion US Long portfolio, upped its stake in A by 332,260 shares to 2.47 million shares, valued at $67.45M in 2017Q3, according to the filing. It also increased its holding in Alkermes Plc (NASDAQ:ALKS) by 790,692 shares in the quarter, for a total of 2.78M shares, and has risen its stake in Reckitt Benckiser (RBGLY).
Analysts await Fomento EconÃ³mico Mexicano, S.A.B. de C.V. (NYSE:FMX) to report earnings on April, 27. They expect $0.53 earnings per share, up 8.16% or $0.04 from last year’s $0.49 per share. FMX’s profit will be $114.68M for 43.17 P/E if the $0.53 EPS becomes a reality. After $0.26 actual earnings per share reported by Fomento EconÃ³mico Mexicano, S.A.B. de C.V. for the previous quarter, Wall Street now forecasts 103.85% EPS growth.
Among 6 analysts covering Fomento Economico Mexicano SAB (NYSE:FMX), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Fomento Economico Mexicano SAB had 13 analyst reports since August 18, 2015 according to SRatingsIntel. The firm has “Buy” rating by HSBC given on Wednesday, August 10. The stock has “Overweight” rating by JP Morgan on Tuesday, August 18. As per Wednesday, October 11, the company rating was maintained by Barclays Capital. The firm has “Overweight” rating by JP Morgan given on Monday, October 2. As per Friday, April 29, the company rating was upgraded by Citigroup. The stock of Fomento EconÃ³mico Mexicano, S.A.B. de C.V. (NYSE:FMX) earned “Overweight” rating by Barclays Capital on Friday, October 14. On Friday, January 20 the stock rating was downgraded by JP Morgan to “Neutral”. Barclays Capital maintained the stock with “Overweight” rating in Monday, March 7 report. The firm has “Hold” rating by Zacks given on Wednesday, August 19. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, November 22.
United Bank, which manages about $104.61 million US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 5,845 shares to 62,033 shares, valued at $4.62 million in 2017Q3, according to the filing.
Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.01, from 0.78 in 2017Q2. It dropped, as 48 investors sold MCD shares while 638 reduced holdings. 121 funds opened positions while 404 raised stakes. 520.27 million shares or 3.02% less from 536.45 million shares in 2017Q2 were reported. Mcmillion Mngmt Inc owns 6,790 shares or 0.7% of their US portfolio. Nippon Life Insur Company has invested 0.08% in McDonald's Corporation (NYSE:MCD). Marathon Trading Investment Limited Liability Corporation accumulated 1,700 shares. Fjarde Ap reported 195,860 shares stake. Jfs Wealth Limited Liability holds 0.46% or 11,376 shares. Glg Ptnrs Ltd Partnership has 0.19% invested in McDonald's Corporation (NYSE:MCD) for 23,443 shares. Plante Moran Fin Advsrs Ltd Liability Corporation holds 4,167 shares. Northwestern Mutual Wealth holds 0.14% in McDonald's Corporation (NYSE:MCD) or 120,505 shares. Stillwater Management Limited Liability Company, a Minnesota-based fund reported 19,014 shares. Bluestein R H And accumulated 1,924 shares or 0.02% of the stock. Tower Rech Capital Limited Liability (Trc) holds 0.04% in McDonald's Corporation (NYSE:MCD) or 2,780 shares. Toth Financial Advisory Corp holds 25,695 shares or 1.02% of its portfolio. Arrowstreet Capital LP has invested 0.12% in McDonald's Corporation (NYSE:MCD). 469,900 were reported by British Columbia Invest Management. Penobscot Mngmt Inc holds 16,019 shares or 0.75% of its portfolio.
Since October 25, 2017, it had 0 insider purchases, and 3 insider sales for $7.57 million activity. Shares for $6.00M were sold by GOARE DOUGLAS M. Hoovel Catherine A. sold $238,415 worth of stock.