Federico Pena just Unloaded 9,155 shares of Sonic Corp. (SONC), be careful if you are long!; Aviance Capital Management Upped Mcdonald’s (MCD) Stake By $620,880

January 19, 2018 - By John Hoffman

Federico Pena, director of Sonic Corp is the insider, Octafinance want to inform you for. Mr. Federico submitted a public document with the Security Exchange Commission making public a trade for 9,155 shares of the Pinksheet-listed Sonic Corp, the one he is an insider in. At the time of the selling, the average share price of Sonic Corp was $26.1, making the insider transaction worth $238,548 US Dollars. Currently, Mr. Federico, possess 47,686 shares, which accounts for 0.12% of the Company’s market capitalization.

Aviance Capital Management Llc increased Mcdonald’s Corp (MCD) stake by 43.5% reported in 2017Q3 SEC filing. Aviance Capital Management Llc acquired 3,980 shares as Mcdonald’s Corp (MCD)’s stock rose 15.92%. The Aviance Capital Management Llc holds 13,129 shares with $2.06M value, up from 9,149 last quarter. Mcdonald’s Corp now has $140.23 billion valuation. The stock increased 0.77% or $1.34 during the last trading session, reaching $175.91. About 1.58 million shares traded. McDonald's Corporation (NYSE:MCD) has risen 18.25% since January 19, 2017 and is uptrending. It has outperformed by 1.55% the S&P500.

Since August 9, 2017, it had 0 insider buys, and 3 insider sales for $3.75 million activity. $751,013 worth of McDonald's Corporation (NYSE:MCD) shares were sold by Fairhurst David Ogden. 8,046 shares were sold by Sappington James R, worth $1.33M on Wednesday, October 25. The insider Erlinger Joseph M. sold 10,793 shares worth $1.67 million.

Investors sentiment decreased to 0.77 in Q3 2017. 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. Taurus Asset Mgmt Ltd Co has 112,698 shares for 2.75% of their portfolio. Gam Holding Ag owns 9,374 shares. Catalyst Ltd Liability Corporation holds 0.01% of its portfolio in McDonald's Corporation (NYSE:MCD) for 750 shares. Gillespie Robinson & Grimm reported 2,350 shares. Northwestern Mutual Wealth Management holds 120,505 shares or 0.14% of its portfolio. Moreover, Highstreet Asset Mngmt has 0.85% invested in McDonald's Corporation (NYSE:MCD). Fifth Third Bankshares reported 520,150 shares. Segment Wealth Management Limited Co stated it has 29,245 shares or 1.22% of all its holdings. Guardian Cap Advsrs Ltd Partnership invested 1.22% of its portfolio in McDonald's Corporation (NYSE:MCD). Bragg Advsr holds 60,911 shares. Transamerica Finance invested 0.1% of its portfolio in McDonald's Corporation (NYSE:MCD). Parametric Portfolio Limited Liability Corporation holds 2.24 million shares or 0.39% of its portfolio. Iat Reinsurance Communications Limited has invested 0.15% in McDonald's Corporation (NYSE:MCD). Brookmont Capital Mngmt stated it has 3.16% in McDonald's Corporation (NYSE:MCD). Yorktown And Rech Com Incorporated stated it has 0.29% in McDonald's Corporation (NYSE:MCD).

Among 34 analysts covering McDonald’s Corporation (NYSE:MCD), 24 have Buy rating, 1 Sell and 9 Hold. Therefore 71% are positive. McDonald’s Corporation had 121 analyst reports since September 29, 2015 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Tuesday, January 26 with “Buy”. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, March 3. The firm earned “Buy” rating on Tuesday, October 13 by SunTrust. The rating was maintained by Cowen & Co with “Buy” on Friday, October 6. The firm has “Buy” rating given on Wednesday, November 11 by UBS. The stock has “Market Perform” rating by Cowen & Co on Monday, April 25. The rating was maintained by Robert W. Baird with “Outperform” on Wednesday, October 25. As per Monday, October 9, the company rating was maintained by Wells Fargo. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, June 29. The stock has “Buy” rating by Nomura on Monday, December 5.

Aviance Capital Management Llc decreased Guggenheim Bulletshrs 2017 Corp Bd Etf (BSCH) stake by 32,296 shares to 251,558 valued at $5.69M in 2017Q3. It also reduced Telstra Corp Ltd (TLSYY) stake by 631,820 shares and now owns 26,332 shares. Pfizer Inc (NYSE:PFE) was reduced too.

The stock increased 1.07% or $0.28 during the last trading session, reaching $26.36. About 272,621 shares traded. Sonic Corp. (NASDAQ:SONC) has declined 5.36% since January 19, 2017 and is downtrending. It has underperformed by 22.06% the S&P500.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.21, from 0.94 in 2017Q2. It is positive, as 25 investors sold Sonic Corp. shares while 42 reduced holdings. 26 funds opened positions while 51 raised stakes. 46.56 million shares or 2.67% less from 47.84 million shares in 2017Q2 were reported. Tower Limited Liability Corporation (Trc) reported 0.01% stake. Ls Inv Advsrs Ltd Co invested in 0% or 1,610 shares. Texas Permanent School Fund accumulated 30,522 shares or 0.01% of the stock. 78,905 were reported by Alliancebernstein L P. Wells Fargo And Mn owns 99,543 shares for 0% of their portfolio. Blackrock Inc owns 5.08 million shares. Next Fincl Grp accumulated 0% or 661 shares. 75,400 were accumulated by Swiss Savings Bank. Moreover, Jpmorgan Chase And Co has 0% invested in Sonic Corp. (NASDAQ:SONC). Prudential Fincl accumulated 70,731 shares or 0% of the stock. Credit Agricole S A invested 0% of its portfolio in Sonic Corp. (NASDAQ:SONC). First Tru Advsr L P owns 25,313 shares or 0% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% of its portfolio in Sonic Corp. (NASDAQ:SONC) for 1,341 shares. Us Financial Bank De has 0% invested in Sonic Corp. (NASDAQ:SONC) for 1,000 shares. Schwab Charles Mgmt has 215,113 shares for 0% of their portfolio.

Among 16 analysts covering Sonic (NASDAQ:SONC), 5 have Buy rating, 2 Sell and 9 Hold. Therefore 31% are positive. Sonic has $37.0 highest and $2 lowest target. $29.65’s average target is 12.48% above currents $26.36 stock price. Sonic had 44 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, June 21 by Canaccord Genuity. Bank of America maintained Sonic Corp. (NASDAQ:SONC) rating on Friday, June 24. Bank of America has “Buy” rating and $35 target. The firm earned “Market Perform” rating on Tuesday, October 25 by Telsey Advisory Group. The firm has “Underweight” rating by Barclays Capital given on Friday, June 24. Cowen & Co maintained the stock with “Hold” rating in Monday, October 16 report. The stock of Sonic Corp. (NASDAQ:SONC) earned “Hold” rating by Zacks on Tuesday, August 25. The rating was downgraded by Oppenheimer to “Hold” on Thursday, January 4. The stock of Sonic Corp. (NASDAQ:SONC) has “Hold” rating given on Tuesday, October 17 by Canaccord Genuity. As per Tuesday, June 13, the company rating was downgraded by Bank of America. UBS maintained the stock with “Neutral” rating in Tuesday, September 20 report.

Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in the United States. The company has market cap of $1.06 billion. As of August 31, 2016, the firm operated 3,557 Sonic Drive-Ins in 45 states, of which 345 were owned and operated by the firm and 3,212 were owned and operated by franchisees. It has a 17.91 P/E ratio. It also leases real estate properties to franchisees.