AA Financial Advisors LLC Acquires 358 Shares of McDonald’s Co. (NYSE:MCD)

AA Financial Advisors LLC lifted its holdings in shares of McDonald’s Co. (NYSE:MCD) by 14.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,758 shares of the fast-food giant’s stock after purchasing an additional 358 shares during the quarter. AA Financial Advisors LLC’s holdings in McDonald’s were worth $799,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Legacy Investment Solutions LLC acquired a new stake in shares of McDonald’s in the third quarter worth about $25,000. RPg Family Wealth Advisory LLC bought a new position in shares of McDonald’s in the 3rd quarter valued at approximately $31,000. Hara Capital LLC acquired a new stake in McDonald’s in the 3rd quarter worth approximately $44,000. Peterson Financial Group Inc. bought a new stake in McDonald’s during the third quarter worth approximately $58,000. Finally, FSA Wealth Management LLC acquired a new position in McDonald’s during the third quarter valued at approximately $72,000. Institutional investors own 70.29% of the company’s stock.

Insider Buying and Selling

In related news, insider Joseph M. Erlinger sold 1,099 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $292.50, for a total transaction of $321,457.50. Following the transaction, the insider now owns 9,286 shares in the company, valued at $2,716,155. This represents a 10.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Marion K. Gross sold 1,499 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $290.95, for a total transaction of $436,134.05. Following the completion of the sale, the executive vice president now owns 1,560 shares of the company’s stock, valued at $453,882. The trade was a 49.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,406 shares of company stock worth $2,150,857 in the last three months. Insiders own 0.23% of the company’s stock.

McDonald’s Stock Performance

MCD opened at $290.19 on Friday. The firm has a market cap of $207.96 billion, a price-to-earnings ratio of 25.48, a PEG ratio of 3.85 and a beta of 0.73. The firm’s 50-day simple moving average is $291.11 and its 200-day simple moving average is $289.24. McDonald’s Co. has a twelve month low of $243.53 and a twelve month high of $317.90.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data on Tuesday, October 29th. The fast-food giant reported $3.23 earnings per share for the quarter, topping the consensus estimate of $3.18 by $0.05. The firm had revenue of $6.87 billion for the quarter, compared to analysts’ expectations of $6.82 billion. McDonald’s had a net margin of 31.79% and a negative return on equity of 175.42%. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.19 earnings per share. As a group, sell-side analysts anticipate that McDonald’s Co. will post 11.68 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MCD has been the subject of a number of analyst reports. BMO Capital Markets boosted their price objective on shares of McDonald’s from $315.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. TD Cowen restated a “hold” rating and set a $300.00 price target on shares of McDonald’s in a report on Tuesday, October 29th. Guggenheim lowered McDonald’s from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $290.00 to $285.00 in a research note on Wednesday, October 23rd. Loop Capital restated a “buy” rating and set a $342.00 target price on shares of McDonald’s in a research note on Friday, January 3rd. Finally, Morgan Stanley lowered their target price on McDonald’s from $340.00 to $336.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Ten analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $320.87.

McDonald’s 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.