Private Vista LLC Acquires 3,109 Shares of McDonald's Co. (MCD)

Private Vista LLC raised its holdings in McDonald's Co. (NYSE:MCD) by 35.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 11,831 shares of the fast-food giant’s stock after acquiring an additional 3,109 shares during the quarter. Private Vista LLC’s holdings in McDonald's were worth $1,854,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Phocas Financial Corp. acquired a new stake in shares of McDonald's in the 2nd quarter valued at $107,000. Proficio Capital Partners LLC raised its holdings in shares of McDonald's by 0.7% in the 2nd quarter. Proficio Capital Partners LLC now owns 745 shares of the fast-food giant’s stock valued at $117,000 after purchasing an additional 5 shares in the last quarter. Howe & Rusling Inc. raised its holdings in shares of McDonald's by 75.0% in the 3rd quarter. Howe & Rusling Inc. now owns 840 shares of the fast-food giant’s stock valued at $132,000 after purchasing an additional 360 shares in the last quarter. Acrospire Investment Management LLC acquired a new stake in shares of McDonald's in the 2nd quarter valued at $153,000. Finally, Accurate Investment Solutions Inc. raised its holdings in shares of McDonald's by 861.3% in the 3rd quarter. Accurate Investment Solutions Inc. now owns 1,019 shares of the fast-food giant’s stock valued at $160,000 after purchasing an additional 913 shares in the last quarter. 67.28% of the stock is owned by institutional investors.

McDonald's Co. (MCD) opened at $173.93 on Tuesday. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of -8.17. The company has a market cap of $140,880.00, a price-to-earnings ratio of 25.10, a price-to-earnings-growth ratio of 2.61 and a beta of 0.67. McDonald's Co. has a one year low of $119.73 and a one year high of $175.78.

McDonald's (NYSE:MCD) last posted 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. The company had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.75 billion. McDonald's had a net margin of 24.19% and a negative return on equity of 216.45%. McDonald's’s quarterly revenue was down 10.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.62 earnings per share. equities research analysts anticipate that McDonald's Co. will post 6.53 EPS for the current year.

MCD has been the topic of a number of analyst reports. Mizuho restated a “buy” rating and issued a $173.00 price objective (up from $170.00) on shares of McDonald's in a report on Wednesday, September 13th. Jefferies Group upgraded shares of 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 report on Tuesday, December 5th. Goldman Sachs Group set a $173.00 price objective on shares of McDonald's and gave the company a “buy” rating in a report on Wednesday, November 8th. Deutsche Bank set a $185.00 price objective on shares of McDonald's and gave the company a “buy” rating in a report on Thursday, October 26th. Finally, Credit Suisse Group raised their price objective on shares of McDonald's from $170.00 to $178.00 and gave the company an “outperform” rating in a report on Wednesday, October 25th. Nine research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $178.52.

In other McDonald's news, VP James R. Sappington sold 8,046 shares of McDonald's stock in a transaction 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 transaction, the vice president now directly owns 15,739 shares in the company, valued at $2,596,935. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Stephen Easterbrook sold 171,577 shares of McDonald's stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the completion of the transaction, the insider now owns 49,778 shares in the company, valued at $8,378,632.96. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

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McDonald's Profile

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.

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

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