McDonald’s Co. (NYSE:MCD) Shares Acquired by Childress Capital Advisors LLC

Childress Capital Advisors LLC lifted its position in shares of McDonald’s Co. (NYSE:MCD) by 4.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,833 shares of the fast-food giant’s stock after buying an additional 79 shares during the quarter. Childress Capital Advisors LLC’s holdings in McDonald’s were worth $531,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Czech National Bank boosted its stake in McDonald’s by 6.4% in the 3rd quarter. Czech National Bank now owns 146,130 shares of the fast-food giant’s stock worth $44,498,000 after buying an additional 8,797 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of McDonald’s by 22.7% in the third quarter. GAMMA Investing LLC now owns 8,301 shares of the fast-food giant’s stock worth $2,528,000 after acquiring an additional 1,534 shares during the last quarter. Diversified Trust Co grew its holdings in McDonald’s by 2.0% in the third quarter. Diversified Trust Co now owns 8,078 shares of the fast-food giant’s stock valued at $2,460,000 after purchasing an additional 161 shares during the period. Everpar Advisors LLC increased its position in McDonald’s by 13.0% during the third quarter. Everpar Advisors LLC now owns 2,630 shares of the fast-food giant’s stock worth $801,000 after purchasing an additional 302 shares during the last quarter. Finally, Smith Anglin Financial LLC boosted its holdings in shares of McDonald’s by 2.0% in the 3rd quarter. Smith Anglin Financial LLC now owns 2,743 shares of the fast-food giant’s stock valued at $835,000 after purchasing an additional 53 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Insider Buying and Selling

In other McDonald’s news, insider Joseph M. Erlinger sold 1,099 shares of the stock in a transaction on 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 of the company’s stock, valued at $2,716,155. This trade represents a 10.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Desiree Ralls-Morrison sold 3,409 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $290.15, for a total transaction of $989,121.35. Following the transaction, the executive vice president now directly owns 9,675 shares of the company’s stock, valued at approximately $2,807,201.25. This trade represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 7,406 shares of company stock worth $2,150,857 over the last ninety days. 0.23% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MCD. Wells Fargo & Company increased their target price on McDonald’s from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. BMO Capital Markets raised their price objective on McDonald’s from $315.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. KeyCorp dropped their target price on shares of McDonald’s from $330.00 to $320.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. Baird R W cut shares of McDonald’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Finally, Wedbush reissued an “outperform” rating and issued a $295.00 price objective on shares of McDonald’s in a research report on Wednesday, October 23rd. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and an average price target of $320.87.

McDonald’s Stock Performance

NYSE:MCD opened at $290.25 on Tuesday. The stock has a 50-day simple moving average of $291.12 and a 200 day simple moving average of $289.94. McDonald’s Co. has a one year low of $243.53 and a one year high of $317.90. The company has a market capitalization of $208.00 billion, a price-to-earnings ratio of 25.48, a price-to-earnings-growth ratio of 3.83 and a beta of 0.73.

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.