Godsey & Gibb Associates Decreased By $12.78 Million Its Mcdonalds (MCD) Position; Rent A Center (RCII) Sentiment Is 1.01

June 14, 2018 - By Peter Mason

Rent-A-Center, Inc. (NASDAQ:RCII) Logo

Godsey & Gibb Associates decreased Mcdonalds Corp (MCD) stake by 90.13% reported in 2018Q1 SEC filing. Godsey & Gibb Associates sold 81,934 shares as Mcdonalds Corp (MCD)’s stock declined 0.23%. The Godsey & Gibb Associates holds 8,970 shares with $1.40 million value, down from 90,904 last quarter. Mcdonalds Corp now has $131.16B valuation. The stock increased 0.28% or $0.47 during the last trading session, reaching $167.05. About 2.24M shares traded. McDonald's Corporation (NYSE:MCD) has risen 8.97% since June 14, 2017 and is uptrending. It has underperformed by 3.60% the S&P500. Some Historical MCD News: ; 30/04/2018 – MCDONALD’S SEES FULL YR G&A DECREASING BY ABOUT 1%; 13/03/2018 – InsideSources: Monticello, Borax and McDonald’s – Three Tales of Inflation; 10/04/2018 – McDonald’s Plans 200 New Restaurants in Nordic Expansion; 24/05/2018 – MCDONALD’S ANNUAL SHAREHOLDER MEETING BEGINS; 30/04/2018 – McDonald’s to Speed Pace of ‘Experience of the Future’ in U.S; 24/05/2018 – MCDONALD’S MCD.N SETS QUARTERLY CASH DIVIDEND OF $1.01/SHR; 30/04/2018 – MCDONALD’S SAYS IT’S TRYING TO GROW BREAKFAST BUSINESS IN U.S; 29/05/2018 – It’s Starbucks’ own fault that it will lose money due to closing of thousands of its locations for anti-racial bias trading, according to the former McDonald’s CEO; 30/04/2018 – MCDONALD’S CEO SAYS BREAKFAST WAS COMPETITIVE IN U.S. IN 1Q; 23/05/2018 – Women’s Groups Urge McDonald’s to Improve Harassment Policy

Rent A Center Inc (RCII) investors sentiment increased to 1.01 in 2018 Q1. It’s up 0.17, from 0.84 in 2017Q4. The ratio has increased, as 79 hedge funds started new and increased positions, while 78 reduced and sold their holdings in Rent A Center Inc. The hedge funds in our database now possess: 61.13 million shares, down from 64.20 million shares in 2017Q4. Also, the number of hedge funds holding Rent A Center Inc in top ten positions increased from 3 to 4 for an increase of 1. Sold All: 24 Reduced: 54 Increased: 55 New Position: 24.

Ratings analysis reveals 0 of Rent-A-Center’s analysts are positive. Out of 3 Wall Street analysts rating Rent-A-Center, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. RCII was included in 3 notes of analysts from October 13, 2016. The stock has “Hold” rating by Jefferies on Thursday, October 13. The stock of Rent-A-Center, Inc. (NASDAQ:RCII) has “Mkt Perform” rating given on Tuesday, December 6 by Raymond James. The stock has “Hold” rating by Loop Capital on Tuesday, December 13.

More notable recent Rent-A-Center, Inc. (NASDAQ:RCII) news were published by: Bizjournals.com which released: “After saying it won’t sell, Rent-A-Center considers sweetened buyout bid” on June 13, 2018, also Seekingalpha.com with their article: “Rent-A-Center: Buy The Reversal Higher” published on June 12, 2018, Benzinga.com published: “Rent-A-Center Isn’t Selling, But Softens Blow With Bullish Guidance” on June 11, 2018. More interesting news about Rent-A-Center, Inc. (NASDAQ:RCII) were released by: Streetinsider.com and their article: “Pre-Open Movers 06/11: (GNW) (RCII) (FDC) Higher; (VICL) (PCG) (AAOI) Lower (more…)” published on June 11, 2018 as well as Benzinga.com‘s news article titled: “42 Biggest Movers From Yesterday” with publication date: June 13, 2018.

Engaged Capital Llc holds 10.52% of its portfolio in Rent-A-Center, Inc. for 8.98 million shares. Signia Capital Management Llc owns 801,328 shares or 7.02% of their US portfolio. Moreover, Archer Capital Management L.P. has 6.44% invested in the company for 1.32 million shares. The California-based Philadelphia Financial Management Of San Francisco Llc has invested 4.63% in the stock. Elm Ridge Management Llc, a New York-based fund reported 777,485 shares.

Analysts await Rent-A-Center, Inc. (NASDAQ:RCII) to report earnings on July, 25. They expect $0.04 earnings per share, up 500.00% or $0.05 from last year’s $-0.01 per share. RCII’s profit will be $2.14M for 77.31 P/E if the $0.04 EPS becomes a reality. After $-0.08 actual earnings per share reported by Rent-A-Center, Inc. for the previous quarter, Wall Street now forecasts -150.00% EPS growth.

The stock decreased 0.08% or $0.01 during the last trading session, reaching $12.37. About 3.14 million shares traded or 71.13% up from the average. Rent-A-Center, Inc. (RCII) has declined 8.89% since June 14, 2017 and is downtrending. It has underperformed by 21.46% the S&P500. Some Historical RCII News: ; 20/04/2018 – DJ Rent-A-Center Inc, Inst Holders, 1Q 2018 (RCII); 25/05/2018 – ENGAGED CAPITAL SAYS IT SENT LETTER TO RENT-A-CENTER; 05/04/2018 – Ronald D. Orol: Sources tell @TheDealNewsroom’s @rorol that Cerberus is among the companies bidding for $RCII; 25/05/2018 – RCII BOARD CONFIRMED ENGAGED’S BOARD NOMINEE QUALIFICATIONS; 15/05/2018 – Signia Capital Management Buys 1.5% Position in Rent-A-Center; 12/03/2018 – RENT-A-CENTER CLIMBS 8.8% ON ELEVATED VOLUME; 07/03/2018 – RENT-A-CENTER: RECEIVED PROPOSALS FROM BIDDERS TO ACQUIRE CO; 25/05/2018 – RENT A CENTER HOLDER ENGAGED NOMINATES CAROL TO BOARD; 03/04/2018 – RENT-A-CENTER SAYS ENTERED INTO EMPLOYMENT AGREEMENT WITH CEO MITCHELL FADEL – SEC FILING; 25/05/2018 – ENGAGED CAPITAL – RENT A CENTER, ENGAGED GROUP DETERMINED IN BEST INTERESTS TO DEFER CAROL MCFATE’S CANDIDACY AS DIRECTOR DURING 2018 ELECTION CYCLE

Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to clients on a rent-to-own basis. The company has market cap of $660.74 million. The firm operates through four divisions: Core U.S., Acceptance Now, Mexico, and Franchising. It has a 103.08 P/E ratio. It offers durable products, such as consumer electronics; appliances; computers, including tablets; smartphones; and furniture, including accessories under rental purchase agreements.

Since January 31, 2018, it had 0 insider purchases, and 4 selling transactions for $11.52 million activity. Another trade for 34,575 shares valued at $6.00 million was made by GOARE DOUGLAS M on Wednesday, January 31. 1,398 shares were sold by Hoovel Catherine A., worth $238,415. On Tuesday, May 1 the insider OZAN KEVIN M sold $3.09M.

Godsey & Gibb Associates increased Starbucks Corp (NASDAQ:SBUX) stake by 7,085 shares to 241,212 valued at $13.96M in 2018Q1. It also upped Alliant Energy Corp (NYSE:LNT) stake by 8,045 shares and now owns 323,622 shares. Schlumberger Ltd (NYSE:SLB) was raised too.

Investors sentiment decreased to 0.79 in Q1 2018. Its down 0.09, from 0.88 in 2017Q4. It turned negative, 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. Chatham Cap owns 1.2% invested in McDonald's Corporation (NYSE:MCD) for 28,580 shares. Congress Asset Commerce Ma has invested 0.01% in McDonald's Corporation (NYSE:MCD). Moreover, Sva Plumb Wealth Mngmt Limited Liability Corp has 0.26% invested in McDonald's Corporation (NYSE:MCD). Moneta Inv Advsr Limited Liability Company holds 0.01% of its portfolio in McDonald's Corporation (NYSE:MCD) for 382 shares. Confluence Inv Mgmt Limited Liability Company has 0.31% invested in McDonald's Corporation (NYSE:MCD) for 108,575 shares. Stratos Wealth Prtnrs Limited holds 0.4% of its portfolio in McDonald's Corporation (NYSE:MCD) for 61,228 shares. Keystone Fincl Planning has invested 1.07% in McDonald's Corporation (NYSE:MCD). Kanawha Capital Management Limited Company has invested 1.95% of its portfolio in McDonald's Corporation (NYSE:MCD). The Pennsylvania-based Berkshire Asset Management Ltd Liability Com Pa has invested 1.82% in McDonald's Corporation (NYSE:MCD). Moreover, Iowa Bancshares has 1.69% invested in McDonald's Corporation (NYSE:MCD) for 22,231 shares. Burt Wealth owns 0.06% invested in McDonald's Corporation (NYSE:MCD) for 749 shares. 671,307 are owned by Capital Fund Management Sa. Indiana Invest Management Co has invested 0.83% in McDonald's Corporation (NYSE:MCD). Court Place Limited Liability Company reported 6,032 shares. Boothbay Fund Ltd Liability Co invested 0.03% of its portfolio in McDonald's Corporation (NYSE:MCD).

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Seekingalpha.com which released: “McDonald’s updates on US reorganization” on June 12, 2018, also Seekingalpha.com with their article: “McDonald’s to detail restructuring plan” published on June 12, 2018, Seekingalpha.com published: “Golden Arches in North Korea?” on June 11, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “Canadian backlash against US companies” published on June 14, 2018 as well as 247Wallst.com‘s news article titled: “Robots Take More Jobs at McDonald’s” with publication date: June 04, 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 153 analyst reports since September 29, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Outperform” on Wednesday, July 26. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, October 11. The stock has “Equal-Weight” rating by Morgan Stanley on Monday, March 26. As per Tuesday, April 10, the company rating was maintained by Piper Jaffray. The company was maintained on Friday, March 3 by Telsey Advisory Group. The stock has “Outperform” rating by Credit Suisse on Wednesday, October 25. The firm has “Buy” rating given on Tuesday, January 23 by Robert W. Baird. The stock has “Neutral” rating by Robert W. Baird on Tuesday, January 26. The rating was downgraded by Credit Suisse to “Hold” on Tuesday, September 5. As per Thursday, December 1, the company rating was downgraded by Guggenheim.

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on July, 24. They expect $1.93 EPS, up 11.56% or $0.20 from last year’s $1.73 per share. MCD’s profit will be $1.52B for 21.64 P/E if the $1.93 EPS becomes a reality. After $1.79 actual EPS reported by McDonald's Corporation for the previous quarter, Wall Street now forecasts 7.82% EPS growth.

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