McDonald’s Co. (NYSE:MCD) Stock Position Decreased by Aurora Private Wealth Inc.

Aurora Private Wealth Inc. cut its stake in shares of McDonald’s Co. (NYSE:MCD) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,933 shares of the fast-food giant’s stock after selling 68 shares during the quarter. Aurora Private Wealth Inc.’s holdings in McDonald’s were worth $1,140,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Legacy Investment Solutions LLC bought a new stake in shares of McDonald’s during the 3rd quarter worth $25,000. RPg Family Wealth Advisory LLC bought a new stake in shares of McDonald’s during the 3rd quarter worth $31,000. Hara Capital LLC bought a new stake in shares of McDonald’s during the 3rd quarter worth $44,000. Peterson Financial Group Inc. bought a new stake in shares of McDonald’s during the 3rd quarter worth $58,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of McDonald’s in the third quarter valued at $72,000. 70.29% of the stock is owned by institutional investors.

McDonald’s Stock Performance

Shares of NYSE:MCD opened at $285.37 on Monday. The company has a market cap of $204.50 billion, a P/E ratio of 25.05, a P/E/G ratio of 3.66 and a beta of 0.73. The stock’s 50-day moving average is $291.07 and its 200-day moving average is $288.70. McDonald’s Co. has a 52-week low of $243.53 and a 52-week high of $317.90.

McDonald’s (NYSE:MCD) last issued its quarterly earnings results on Tuesday, October 29th. The fast-food giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.18 by $0.05. The company had revenue of $6.87 billion for the quarter, compared to the consensus estimate of $6.82 billion. McDonald’s had a negative return on equity of 175.42% and a net margin of 31.79%. The firm’s revenue was up 2.7% compared to the same quarter last year. During the same period last year, the business posted $3.19 earnings per share. As a group, equities analysts predict that McDonald’s Co. will post 11.72 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on MCD shares. Morgan Stanley reduced their target price on McDonald’s from $340.00 to $336.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Wells Fargo & Company increased their target price on McDonald’s from $285.00 to $350.00 and gave the company an “overweight” rating in a report on Monday, October 21st. Wedbush restated an “outperform” rating and issued a $295.00 target price on shares of McDonald’s in a report on Wednesday, October 23rd. Baird R W lowered McDonald’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 23rd. Finally, UBS Group increased their price objective on McDonald’s from $305.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $320.78.

Insider Activity

In related news, EVP Desiree Ralls-Morrison sold 3,409 shares of McDonald’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $290.15, for a total transaction of $989,121.35. Following the sale, the executive vice president now directly owns 9,675 shares of the company’s stock, valued at $2,807,201.25. This trade represents a 26.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Joseph M. Erlinger sold 1,099 shares of McDonald’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $292.50, for a total value of $321,457.50. Following the sale, the insider now directly owns 9,286 shares in the company, valued at approximately $2,716,155. This trade represents a 10.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,905 shares of company stock valued at $2,592,327. 0.23% of the stock is owned by insiders.

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.