Advisory Alpha LLC Has $1.20 Million Stake in McDonald’s Co. (NYSE:MCD)

Advisory Alpha LLC grew its stake in shares of McDonald’s Co. (NYSE:MCD) by 10.3% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 4,147 shares of the fast-food giant’s stock after buying an additional 388 shares during the period. Advisory Alpha LLC’s holdings in McDonald’s were worth $1,202,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Legacy Investment Solutions LLC bought a new stake in McDonald’s in the 3rd quarter valued at $25,000. RPg Family Wealth Advisory LLC bought a new stake in McDonald’s in the third quarter valued at about $31,000. Hara Capital LLC acquired a new position in McDonald’s in the third quarter worth about $44,000. Peterson Financial Group Inc. bought a new position in McDonald’s during the third quarter worth about $58,000. Finally, FSA Wealth Management LLC acquired a new stake in McDonald’s during the third quarter valued at approximately $72,000. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Up 0.7 %

McDonald’s stock opened at $282.85 on Wednesday. McDonald’s Co. has a twelve month low of $243.53 and a twelve month high of $317.90. The company has a 50 day moving average of $292.12 and a 200-day moving average of $287.72. The stock has a market capitalization of $202.69 billion, a PE ratio of 24.83, a price-to-earnings-growth ratio of 3.65 and a beta of 0.73.

McDonald’s (NYSE:MCD) last released its earnings results on Tuesday, October 29th. The fast-food giant reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.18 by $0.05. The firm had revenue of $6.87 billion during the quarter, compared to analysts’ expectations of $6.82 billion. McDonald’s had a negative return on equity of 175.42% and a net margin of 31.79%. The company’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.19 EPS. Equities analysts anticipate that McDonald’s Co. will post 11.73 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Loop Capital reissued a “buy” rating and set a $342.00 price objective on shares of McDonald’s in a report on Friday, January 3rd. Wedbush restated an “outperform” rating and issued a $295.00 price target on shares of McDonald’s in a research report on Wednesday, October 23rd. Bank of America raised their price objective on shares of McDonald’s from $321.00 to $324.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Guggenheim downgraded McDonald’s from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $290.00 to $285.00 in a report on Wednesday, October 23rd. Finally, UBS Group increased their price target on McDonald’s from $305.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $321.22.

Insider Buying and Selling at McDonald’s

In other McDonald’s news, EVP Desiree Ralls-Morrison sold 3,409 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $290.15, for a total transaction of $989,121.35. Following 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 position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Marion K. Gross sold 1,499 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $290.95, for a total value of $436,134.05. Following the completion of the transaction, the executive vice president now owns 1,560 shares of the company’s stock, valued at $453,882. The trade was a 49.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,605 shares of company stock worth $2,508,102. Corporate insiders own 0.23% of the company’s stock.

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.