Focus Partners Wealth Has $125.50 Million Position in McDonald's Co. (NYSE:MCD)

Focus Partners Wealth increased its stake in shares of McDonald's Co. (NYSE:MCD - Free Report) by 5.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 415,465 shares of the fast-food giant's stock after buying an additional 22,536 shares during the period. Focus Partners Wealth owned 0.06% of McDonald's worth $125,502,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Atala Financial Inc bought a new position in McDonald's during the 4th quarter worth $26,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of McDonald's in the fourth quarter valued at about $27,000. Collier Financial bought a new position in McDonald's during the fourth quarter worth about $29,000. Fairway Wealth LLC raised its stake in McDonald's by 110.0% in the 4th quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant's stock worth $30,000 after purchasing an additional 55 shares in the last quarter. Finally, GKV Capital Management Co. Inc. bought a new stake in McDonald's in the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 70.29% of the company's stock.

Insiders Place Their Bets

In related news, CMO Edith Morgan Flatley sold 3,200 shares of the company'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 sale, the chief marketing officer now owns 9,858 shares in the company, valued at $2,964,892.08. This represents a 24.51 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Christopher J. Kempczinski sold 10,500 shares of McDonald's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total value of $3,255,525.00. Following the transaction, the chief executive officer now owns 32,756 shares of the company's stock, valued at $10,155,997.80. This trade represents a 24.27 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,136 shares of company stock worth $8,676,247. Corporate insiders own 0.25% of the company's stock.

McDonald's Stock Up 0.1 %

McDonald's stock opened at $313.75 on Friday. The company has a market capitalization of $224.35 billion, a PE ratio of 27.55, a PEG ratio of 3.10 and a beta of 0.57. The firm's fifty day moving average is $310.10 and its 200 day moving average is $300.11. 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 released its quarterly earnings data on Thursday, May 1st. The fast-food giant reported $2.67 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $2.67. McDonald's had a net margin of 31.73% and a negative return on equity of 181.63%. The company had revenue of $5.96 billion for the quarter, compared to analysts' expectations of $6.17 billion. During the same quarter in the prior year, the firm earned $2.70 EPS. The business's revenue was down 3.5% on a year-over-year basis. Sell-side analysts expect that McDonald's Co. will post 12.25 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on MCD. Robert W. Baird lifted their price target on shares of McDonald's from $300.00 to $315.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Bank of America upped their target price on McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a research report on Tuesday, February 11th. TD Securities reaffirmed a "hold" rating and issued a $300.00 price target on shares of McDonald's in a research note on Monday, February 10th. Wedbush increased their price objective on shares of McDonald's from $320.00 to $330.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 11th. Finally, BMO Capital Markets reissued an "outperform" rating and issued a $345.00 price objective (up from $340.00) on shares of McDonald's in a research note on Monday, May 5th. Eleven research 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's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $325.91.

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.

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