Flinton Capital Management LLC Invests $5.405 Million in McDonald's Co. (MCD)

Flinton Capital Management LLC bought a new stake in McDonald's Co. (NYSE:MCD) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 44,404 shares of the fast-food giant’s stock, valued at approximately $5,405,000.

A number of other institutional investors have also recently bought and sold shares of the company. Massey Quick & Co. LLC bought a new stake in McDonald's Co. during the fourth quarter worth about $119,000. Timber Creek Capital Management LLC raised its stake in McDonald's Co. by 150.7% in the third quarter. Timber Creek Capital Management LLC now owns 1,281 shares of the fast-food giant’s stock worth $147,000 after buying an additional 770 shares in the last quarter. Hall Laurie J Trustee bought a new stake in McDonald's Co. during the fourth quarter worth about $153,000. Van Hulzen Asset Management LLC raised its stake in McDonald's Co. by 57.1% in the third quarter. Van Hulzen Asset Management LLC now owns 1,376 shares of the fast-food giant’s stock worth $159,000 after buying an additional 500 shares in the last quarter. Finally, Formidable Asset Management LLC bought a new stake in McDonald's Co. during the fourth quarter worth about $193,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for McDonald's Co. (NYSE:MCD)

Shares of McDonald's Co. (NYSE:MCD) traded up 0.47% during midday trading on Thursday, hitting $133.27. The stock had a trading volume of 2,697,250 shares. The company’s 50-day moving average price is $129.31 and its 200-day moving average price is $122.16. McDonald's Co. has a 12-month low of $110.33 and a 12-month high of $133.44. The firm has a market cap of $109.15 billion, a price-to-earnings ratio of 24.50 and a beta of 0.69.

McDonald's Co. (NYSE:MCD) last issued its quarterly earnings results on Monday, January 23rd. The fast-food giant reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.03. McDonald's Co. had a net margin of 18.93% and a return on equity of 514.39%. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $5.99 billion. During the same period in the previous year, the business earned $1.31 EPS. The company’s revenue was down 4.9% compared to the same quarter last year. Equities research analysts forecast that McDonald's Co. will post $6.15 EPS for the current year.

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MCD has been the topic of a number of recent analyst reports. Vetr downgraded McDonald's Co. from a “hold” rating to a “sell” rating and set a $116.22 price objective on the stock. in a report on Monday, January 9th. Jefferies Group LLC reiterated a “hold” rating and issued a $115.00 price objective on shares of McDonald's Co. in a report on Tuesday, January 24th. Telsey Advisory Group increased their price objective on McDonald's Co. from $130.00 to $136.00 and gave the company an “outperform” rating in a report on Friday, March 3rd. Robert W. Baird reiterated an “outperform” rating and issued a $130.00 price objective on shares of McDonald's Co. in a report on Tuesday, January 24th. Finally, Morgan Stanley set a $127.00 price target on McDonald's Co. and gave the stock a “neutral” rating in a research note on Tuesday, January 17th. Two investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seventeen have issued a buy rating to the company. McDonald's Co. presently has an average rating of “Hold” and an average target price of $130.82.

In other McDonald's Co. news, Director John J. Mulligan purchased 1,600 shares of the stock in a transaction on Wednesday, March 22nd. The shares were purchased at an average cost of $128.94 per share, for a total transaction of $206,304.00. Following the purchase, the director now owns 1,600 shares of the company’s stock, valued at $206,304. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.28% of the stock is currently owned by insiders.

About McDonald's Co.

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

5 Day Chart for NYSE:MCD

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