McDonald’s Co. (NYSE:MCD) Shares Sold by LVM Capital Management Ltd. MI

LVM Capital Management Ltd. MI trimmed its holdings in shares of McDonald’s Co. (NYSE:MCD) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,325 shares of the fast-food giant’s stock after selling 257 shares during the period. LVM Capital Management Ltd. MI’s holdings in McDonald’s were worth $964,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geode Capital Management LLC lifted its position in McDonald’s by 1.4% during the third quarter. Geode Capital Management LLC now owns 15,916,980 shares of the fast-food giant’s stock valued at $4,833,510,000 after purchasing an additional 220,365 shares during the period. Wellington Management Group LLP lifted its holdings in shares of McDonald’s by 0.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,082,894 shares of the fast-food giant’s stock valued at $4,592,892,000 after buying an additional 128,800 shares during the period. Legal & General Group Plc boosted its stake in shares of McDonald’s by 3.2% in the second quarter. Legal & General Group Plc now owns 6,149,080 shares of the fast-food giant’s stock worth $1,567,030,000 after buying an additional 188,888 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in McDonald’s by 0.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,564,359 shares of the fast-food giant’s stock worth $1,694,403,000 after purchasing an additional 49,106 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of McDonald’s by 8.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,761,625 shares of the fast-food giant’s stock worth $1,216,677,000 after purchasing an additional 354,196 shares during the period. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s Stock Down 1.2 %

NYSE:MCD traded down $3.44 on Friday, reaching $283.46. The company’s stock had a trading volume of 1,995,987 shares, compared to its average volume of 2,697,514. McDonald’s Co. has a 12-month low of $243.53 and a 12-month high of $317.90. The stock has a 50 day moving average price of $294.20 and a 200 day moving average price of $285.92. The firm has a market cap of $203.13 billion, a price-to-earnings ratio of 24.89, a price-to-earnings-growth ratio of 3.95 and a beta of 0.73.

McDonald’s (NYSE:MCD) last posted its earnings results on Tuesday, October 29th. The fast-food giant reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $3.18 by $0.05. McDonald’s had a net margin of 31.79% and a negative return on equity of 175.42%. The company had revenue of $6.87 billion for the quarter, compared to analysts’ expectations of $6.82 billion. During the same quarter in the prior year, the company posted $3.19 earnings per share. McDonald’s’s revenue for the quarter was up 2.7% compared to the same quarter last year. Equities research analysts expect that McDonald’s Co. will post 11.75 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Joseph M. Erlinger sold 1,099 shares of the firm’s stock in a transaction dated Wednesday, October 23rd. The stock was sold at an average price of $292.38, for a total transaction of $321,325.62. Following the completion of the transaction, the insider now directly owns 10,385 shares in the company, valued at $3,036,366.30. This trade represents a 9.57 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Desiree Ralls-Morrison sold 3,409 shares of the stock in a transaction dated Monday, December 30th. The stock was 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 in the company, valued at $2,807,201.25. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,050 shares of company stock valued at $3,556,688. Company insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on MCD shares. Wedbush reissued an “outperform” rating and set a $295.00 price target on shares of McDonald’s in a report on Wednesday, October 23rd. UBS Group increased their target price on shares of McDonald’s from $305.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Barclays upped their price target on McDonald’s from $300.00 to $325.00 and gave the stock an “overweight” rating in a report on Tuesday, October 22nd. Evercore ISI increased their price target on McDonald’s from $320.00 to $340.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Finally, Bank of America boosted their price objective on McDonald’s from $321.00 to $324.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Ten research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $321.39.

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.