Moody Lynn & Lieberson LLC Has $13.40 Million Holdings in McDonald’s Co. (NYSE:MCD)

Moody Lynn & Lieberson LLC raised its holdings in shares of McDonald’s Co. (NYSE:MCD) by 2.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,994 shares of the fast-food giant’s stock after buying an additional 1,208 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in McDonald’s were worth $13,397,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Nicholson Wealth Management Group LLC acquired a new position in shares of McDonald’s during the third quarter worth approximately $1,179,000. Mount Yale Investment Advisors LLC increased its position in shares of McDonald’s by 52.4% during the third quarter. Mount Yale Investment Advisors LLC now owns 5,288 shares of the fast-food giant’s stock valued at $1,610,000 after purchasing an additional 1,818 shares during the period. DT Investment Partners LLC increased its position in shares of McDonald’s by 2.8% during the third quarter. DT Investment Partners LLC now owns 4,610 shares of the fast-food giant’s stock valued at $1,404,000 after purchasing an additional 126 shares during the period. Valicenti Advisory Services Inc. increased its position in shares of McDonald’s by 27.9% during the third quarter. Valicenti Advisory Services Inc. now owns 11,679 shares of the fast-food giant’s stock valued at $3,556,000 after purchasing an additional 2,547 shares during the period. Finally, IFM Investors Pty Ltd increased its position in shares of McDonald’s by 0.9% during the third quarter. IFM Investors Pty Ltd now owns 144,529 shares of the fast-food giant’s stock valued at $44,011,000 after purchasing an additional 1,333 shares during the period. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at McDonald’s

In other McDonald’s news, CMO Edith Morgan Flatley sold 2,346 shares of the stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $310.00, for a total value of $727,260.00. Following the transaction, the chief marketing officer now owns 2,905 shares of the company’s stock, valued at approximately $900,550. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other McDonald’s news, CMO Edith Morgan Flatley sold 2,346 shares of the stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $310.00, for a total value of $727,260.00. Following the transaction, the chief marketing officer now owns 2,905 shares of the company’s stock, valued at approximately $900,550. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Christopher J. Kempczinski sold 11,727 shares of the stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $300.03, for a total value of $3,518,451.81. Following the completion of the sale, the chief executive officer now owns 49,885 shares of the company’s stock, valued at $14,966,996.55. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,998 shares of company stock valued at $9,935,493. 0.23% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MCD has been the topic of a number of research reports. Morgan Stanley boosted their price objective on McDonald’s from $296.00 to $340.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. TD Cowen reiterated a “hold” rating and issued a $300.00 price target on shares of McDonald’s in a research report on Wednesday. The Goldman Sachs Group upped their price target on McDonald’s from $284.00 to $325.00 and gave the company a “neutral” rating in a research report on Tuesday, September 24th. Stifel Nicolaus lowered their price target on McDonald’s from $285.00 to $265.00 and set a “hold” rating on the stock in a research report on Monday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on McDonald’s from $295.00 to $290.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. Thirteen analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $318.22.

McDonald’s Stock Up 1.0 %

Shares of MCD opened at $301.61 on Friday. McDonald’s Co. has a 12-month low of $243.53 and a 12-month high of $317.90. The firm has a market capitalization of $217.36 billion, a PE ratio of 25.60, a price-to-earnings-growth ratio of 4.05 and a beta of 0.73. The stock’s fifty day simple moving average is $296.97 and its 200-day simple moving average is $274.51.

McDonald’s (NYSE:MCD) last released its earnings results on Monday, July 29th. The fast-food giant reported $2.97 earnings per share for the quarter, missing the consensus estimate of $3.07 by ($0.10). McDonald’s had a net margin of 32.25% and a negative return on equity of 178.68%. The company had revenue of $6.49 billion during the quarter, compared to analyst estimates of $6.62 billion. During the same period in the previous year, the company posted $3.17 EPS. The company’s quarterly revenue was down .1% compared to the same quarter last year. Analysts anticipate that McDonald’s Co. will post 11.71 EPS for the current year.

McDonald’s Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a $1.77 dividend. This is a positive change from McDonald’s’s previous quarterly dividend of $1.67. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $7.08 annualized dividend and a yield of 2.35%. McDonald’s’s dividend payout ratio is presently 60.10%.

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.