McDonald's Co. (MCD) Position Decreased by Loring Wolcott & Coolidge Fiduciary Advisors LLP MA

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lessened its holdings in McDonald's Co. (NYSE:MCD) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 160,872 shares of the fast-food giant’s stock after selling 803 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in McDonald's were worth $25,205,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Proficio Capital Partners LLC increased its stake in McDonald's by 0.7% during the 2nd quarter. Proficio Capital Partners LLC now owns 745 shares of the fast-food giant’s stock worth $117,000 after buying an additional 5 shares in the last quarter. AlphaMark Advisors LLC increased its stake in McDonald's by 0.4% during the 2nd quarter. AlphaMark Advisors LLC now owns 1,288 shares of the fast-food giant’s stock worth $197,000 after buying an additional 5 shares in the last quarter. Highland Private Wealth Management increased its stake in McDonald's by 0.3% during the 2nd quarter. Highland Private Wealth Management now owns 2,182 shares of the fast-food giant’s stock worth $335,000 after buying an additional 6 shares in the last quarter. Winch Advisory Services LLC increased its stake in McDonald's by 0.4% during the 2nd quarter. Winch Advisory Services LLC now owns 1,598 shares of the fast-food giant’s stock worth $245,000 after buying an additional 7 shares in the last quarter. Finally, Valmark Advisers Inc. increased its stake in McDonald's by 0.3% during the 2nd quarter. Valmark Advisers Inc. now owns 2,381 shares of the fast-food giant’s stock worth $365,000 after buying an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 67.27% of the company’s stock.

In related news, insider Stephen Easterbrook sold 171,577 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $168.32, for a total value of $28,879,840.64. Following the transaction, the insider now directly owns 49,778 shares in the company, valued at $8,378,632.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP James R. Sappington sold 8,046 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $165.00, for a total value of $1,327,590.00. Following the completion of the transaction, the vice president now owns 15,739 shares in the company, valued at $2,596,935. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.

Several equities research analysts have commented on the company. ValuEngine lowered McDonald's from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Goldman Sachs Group set a $180.00 price objective on McDonald's and gave the stock a “buy” rating in a research note on Tuesday, December 12th. Robert W. Baird reiterated an “outperform” rating and set a $170.00 price objective on shares of McDonald's in a research note on Tuesday, October 3rd. Royal Bank of Canada boosted their price objective on McDonald's from $175.00 to $180.00 and gave the stock an “outperform” rating in a research note on Friday, October 13th. Finally, Longbow Research upgraded McDonald's from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $154.05 to $183.00 in a research note on Thursday, September 28th. Ten equities research analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $175.62.

McDonald's Co. (NYSE:MCD) opened at $172.12 on Monday. McDonald's Co. has a twelve month low of $118.18 and a twelve month high of $175.78. The company has a market capitalization of $140,210.00, a P/E ratio of 24.84, a P/E/G ratio of 2.81 and a beta of 0.67. The company has a debt-to-equity ratio of -8.17, a current ratio of 1.28 and a quick ratio of 1.27.

McDonald's (NYSE:MCD) last released its quarterly earnings data on Tuesday, October 24th. The fast-food giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.01. McDonald's had a negative return on equity of 216.45% and a net margin of 24.19%. The firm had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.75 billion. During the same period in the prior year, the firm posted $1.62 earnings per share. The firm’s quarterly revenue was down 10.4% on a year-over-year basis. equities analysts anticipate that McDonald's Co. will post 6.53 EPS for the current fiscal year.

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About McDonald's

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.

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

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