Investor s Fiduciary Advisor Network LLC Purchases Shares of 1,908 McDonald's Co. (NYSE:MCD)

Investor s Fiduciary Advisor Network LLC bought a new stake in McDonald's Co. (NYSE:MCD - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,908 shares of the fast-food giant's stock, valued at approximately $553,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mattern Capital Management LLC lifted its position in shares of McDonald's by 2.0% in the fourth quarter. Mattern Capital Management LLC now owns 30,110 shares of the fast-food giant's stock worth $8,729,000 after purchasing an additional 579 shares in the last quarter. Bell Bank increased its holdings in McDonald's by 3.0% in the fourth quarter. Bell Bank now owns 12,699 shares of the fast-food giant's stock worth $3,681,000 after buying an additional 371 shares during the last quarter. YANKCOM Partnership bought a new position in shares of McDonald's in the fourth quarter valued at approximately $1,628,000. Integral Investment Advisors Inc. raised its position in shares of McDonald's by 2.6% in the fourth quarter. Integral Investment Advisors Inc. now owns 6,512 shares of the fast-food giant's stock valued at $1,888,000 after purchasing an additional 164 shares during the period. Finally, PFW Advisors LLC bought a new position in shares of McDonald's in the fourth quarter valued at approximately $2,471,000. Institutional investors own 70.29% of the company's stock.

Insider Buying and Selling at McDonald's

In other McDonald's news, CMO Edith Morgan Flatley sold 3,200 shares of the firm's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $300.76, for a total value of $962,432.00. Following the completion of the sale, the chief marketing officer now owns 9,858 shares in the company, valued at approximately $2,964,892.08. This trade represents a 24.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the firm's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $309.27, for a total transaction of $309,270.00. Following the completion of the transaction, the executive vice president now directly owns 5,564 shares in the company, valued at $1,720,778.28. This trade represents a 15.23% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 17,636 shares of company stock valued at $5,420,722. 0.25% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have recently commented on MCD. Truist Financial set a $350.00 price target on shares of McDonald's in a research report on Friday, May 2nd. Erste Group Bank raised shares of McDonald's from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th. Piper Sandler lifted their price target on shares of McDonald's from $292.00 to $314.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. KeyCorp lifted their price target on shares of McDonald's from $335.00 to $340.00 and gave the company an "overweight" rating in a research report on Thursday, March 27th. Finally, Barclays lifted their price target on shares of McDonald's from $347.00 to $355.00 and gave the company an "overweight" rating in a research report on Friday, May 2nd. Eleven investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, McDonald's has an average rating of "Moderate Buy" and an average price target of $325.91.

McDonald's Stock Performance

Shares of NYSE MCD traded down $1.45 during midday trading on Wednesday, reaching $307.24. 2,656,449 shares of the company traded hands, compared to its average volume of 3,553,611. The firm has a market cap of $219.70 billion, a PE ratio of 26.97, a PEG ratio of 3.10 and a beta of 0.57. The stock's 50-day simple moving average is $309.86 and its 200-day simple moving average is $300.36. McDonald's Co. has a 12 month low of $243.53 and a 12 month high of $326.32.

McDonald's (NYSE:MCD - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The fast-food giant reported $2.67 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.67. The company had revenue of $5.96 billion during the quarter, compared to analysts' expectations of $6.17 billion. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. The business's revenue was down 3.5% on a year-over-year basis. During the same period last year, the business earned $2.70 earnings per share. On average, equities research analysts expect that McDonald's Co. will post 12.25 EPS for the current year.

McDonald's Profile

McDonald's Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.