Kistler Tiffany Companies LLC Buys 530 Shares of McDonald's Co. (MCD)

Kistler Tiffany Companies LLC grew its stake in McDonald's Co. (NYSE:MCD) by 14.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,267 shares of the fast-food giant’s stock after buying an additional 530 shares during the period. Kistler Tiffany Companies LLC’s holdings in McDonald's were worth $669,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Northstar Investment Advisors LLC grew its stake in McDonald's by 1.4% during the first quarter. Northstar Investment Advisors LLC now owns 88,847 shares of the fast-food giant’s stock worth $11,515,000 after purchasing an additional 1,253 shares during the period. Teza Capital Management LLC acquired a new stake in McDonald's during the first quarter worth approximately $495,000. Tirschwell & Loewy Inc. grew its stake in McDonald's by 1.4% during the first quarter. Tirschwell & Loewy Inc. now owns 9,375 shares of the fast-food giant’s stock worth $1,215,000 after purchasing an additional 125 shares during the period. HGK Asset Management Inc. grew its stake in McDonald's by 17.5% during the first quarter. HGK Asset Management Inc. now owns 11,400 shares of the fast-food giant’s stock worth $1,478,000 after purchasing an additional 1,700 shares during the period. Finally, Allegis Investment Advisors LLC grew its stake in McDonald's by 16.4% during the first quarter. Allegis Investment Advisors LLC now owns 18,789 shares of the fast-food giant’s stock worth $2,435,000 after purchasing an additional 2,647 shares during the period. 67.29% of the stock is owned by institutional investors.

Shares of McDonald's Co. (NYSE:MCD) opened at $171.85 on Friday. The company has a market capitalization of $137,251.44, a price-to-earnings ratio of 26.90, a P/E/G ratio of 2.82 and a beta of 0.67. McDonald's Co. has a fifty-two week low of $118.18 and a fifty-two week high of $175.78. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of -8.17.

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

In related news, insider Stephen Easterbrook sold 171,577 shares of McDonald's stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the sale, the insider now directly owns 49,778 shares in the company, valued at $8,378,632.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP James R. Sappington sold 8,046 shares of McDonald's stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total value of $1,327,590.00. Following the sale, 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. Company insiders own 0.24% of the company’s stock.

MCD has been the subject of a number of research reports. Canaccord Genuity reissued a “hold” rating and issued a $170.00 price objective on shares of McDonald's in a research note on Friday, October 6th. Nomura set a $180.00 price objective on McDonald's and gave the company a “buy” rating in a research note on Wednesday, October 25th. Piper Jaffray Companies raised their price objective on McDonald's from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, December 14th. Jefferies Group raised McDonald's from a “hold” rating to a “buy” rating and raised their price objective for the company from $150.00 to $200.00 in a research note on Tuesday, December 5th. Finally, Argus reissued a “buy” rating on shares of McDonald's in a research note on Tuesday, October 17th. Ten analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $175.62.

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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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