McDonald’s Co. (NYSE:MCD) Shares Sold by Moody Lynn & Lieberson LLC

Moody Lynn & Lieberson LLC lowered its holdings in shares of McDonald’s Co. (NYSE:MCD) by 16.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,658 shares of the fast-food giant’s stock after selling 7,336 shares during the period. Moody Lynn & Lieberson LLC’s holdings in McDonald’s were worth $10,627,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stewardship Advisors LLC raised its position in shares of McDonald’s by 5.1% during the 4th quarter. Stewardship Advisors LLC now owns 826 shares of the fast-food giant’s stock worth $239,000 after purchasing an additional 40 shares during the last quarter. Advocate Group LLC increased its position in McDonald’s by 4.1% during the fourth quarter. Advocate Group LLC now owns 30,626 shares of the fast-food giant’s stock worth $8,878,000 after buying an additional 1,198 shares in the last quarter. First Bancorp Inc ME raised its holdings in shares of McDonald’s by 2.2% in the fourth quarter. First Bancorp Inc ME now owns 1,936 shares of the fast-food giant’s stock worth $561,000 after acquiring an additional 41 shares during the last quarter. Toth Financial Advisory Corp lifted its position in shares of McDonald’s by 1.1% in the fourth quarter. Toth Financial Advisory Corp now owns 27,746 shares of the fast-food giant’s stock valued at $8,043,000 after acquiring an additional 299 shares in the last quarter. Finally, Cedar Mountain Advisors LLC boosted its stake in shares of McDonald’s by 3.0% during the fourth quarter. Cedar Mountain Advisors LLC now owns 1,726 shares of the fast-food giant’s stock valued at $500,000 after acquiring an additional 50 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on MCD. BMO Capital Markets upped their target price on shares of McDonald’s from $315.00 to $335.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Wedbush reissued an “outperform” rating and set a $295.00 price objective on shares of McDonald’s in a research note on Wednesday, October 23rd. Citigroup raised McDonald’s from a “neutral” rating to a “buy” rating and increased their price target for the stock from $311.00 to $334.00 in a research note on Friday, January 10th. Baird R W lowered McDonald’s from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 23rd. Finally, KeyCorp decreased their price target on McDonald’s from $330.00 to $320.00 and set an “overweight” rating on the stock in a research note on Friday. Ten investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. Based on data from MarketBeat.com, McDonald’s currently has an average rating of “Moderate Buy” and an average price target of $320.78.

Insider Buying and Selling

In related news, EVP Desiree Ralls-Morrison sold 3,409 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $290.15, for a total value of $989,121.35. Following the completion of the sale, the executive vice president now directly owns 9,675 shares of the company’s stock, valued at $2,807,201.25. The trade was a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Marion K. Gross sold 1,499 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $294.51, for a total value of $441,470.49. Following the transaction, the executive vice president now directly owns 1,560 shares in the company, valued at approximately $459,435.60. This represents a 49.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,905 shares of company stock worth $2,592,327. Insiders own 0.23% of the company’s stock.

McDonald’s Trading Up 0.3 %

MCD opened at $285.37 on Friday. McDonald’s Co. has a twelve month low of $243.53 and a twelve month high of $317.90. The firm has a market cap of $204.50 billion, a price-to-earnings ratio of 25.05, a PEG ratio of 3.66 and a beta of 0.73. The company has a fifty day simple moving average of $291.07 and a 200 day simple moving average of $288.14.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Tuesday, October 29th. The fast-food giant reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.18 by $0.05. The company had revenue of $6.87 billion for the quarter, compared to the consensus estimate of $6.82 billion. McDonald’s had a negative return on equity of 175.42% and a net margin of 31.79%. McDonald’s’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned $3.19 EPS. On average, analysts forecast that McDonald’s Co. will post 11.72 earnings per share for the current fiscal year.

McDonald’s Company Profile

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions.