OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys Shares of 7,500 McDonald's Co. (NYSE:MCD)

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in McDonald's Co. (NYSE:MCD - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,500 shares of the fast-food giant's stock, valued at approximately $2,174,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Czech National Bank boosted its stake in shares of McDonald's by 6.3% during the fourth quarter. Czech National Bank now owns 155,388 shares of the fast-food giant's stock valued at $45,045,000 after purchasing an additional 9,258 shares in the last quarter. Aprio Wealth Management LLC boosted its stake in shares of McDonald's by 15.0% during the fourth quarter. Aprio Wealth Management LLC now owns 2,023 shares of the fast-food giant's stock valued at $587,000 after purchasing an additional 264 shares in the last quarter. Matrix Trust Co boosted its stake in shares of McDonald's by 25.2% during the fourth quarter. Matrix Trust Co now owns 7,485 shares of the fast-food giant's stock valued at $2,170,000 after purchasing an additional 1,507 shares in the last quarter. Fiduciary Alliance LLC boosted its stake in shares of McDonald's by 72.4% during the fourth quarter. Fiduciary Alliance LLC now owns 7,549 shares of the fast-food giant's stock valued at $2,188,000 after purchasing an additional 3,171 shares in the last quarter. Finally, Trust Co. of Toledo NA OH boosted its stake in shares of McDonald's by 1.8% during the fourth quarter. Trust Co. of Toledo NA OH now owns 37,039 shares of the fast-food giant's stock valued at $10,737,000 after purchasing an additional 644 shares in the last quarter. Institutional investors own 70.29% of the company's stock.

McDonald's Price Performance

Shares of NYSE:MCD opened at $311.97 on Tuesday. The company has a market capitalization of $223.08 billion, a PE ratio of 27.39, a price-to-earnings-growth ratio of 3.10 and a beta of 0.57. The business has a fifty day moving average price of $310.18 and a two-hundred day moving average price of $300.25. McDonald's Co. has a 1 year low of $243.53 and a 1 year high of $326.32.

McDonald's (NYSE:MCD - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The fast-food giant reported $2.67 EPS for the quarter, meeting analysts' consensus estimates of $2.67. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. The firm 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 for the quarter was down 3.5% compared to the same quarter last year. Sell-side analysts anticipate that McDonald's Co. will post 12.25 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Erste Group Bank raised McDonald's from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 17th. Wedbush lifted their price objective on McDonald's from $320.00 to $330.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 11th. Citigroup lifted their price objective on McDonald's from $353.00 to $364.00 and gave the stock a "buy" rating in a research note on Friday, May 2nd. Northcoast Research lowered McDonald's from a "buy" rating to a "neutral" rating in a research note on Tuesday, May 6th. Finally, Bank of America lifted their price objective on McDonald's from $312.00 to $316.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 11th. Eleven investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, McDonald's currently has an average rating of "Moderate Buy" and a consensus target price of $325.91.

Insider Buying and Selling

In other McDonald's news, insider Joseph M. Erlinger sold 939 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $305.00, for a total value of $286,395.00. Following the sale, the insider now owns 13,978 shares of the company's stock, valued at $4,263,290. This trade represents a 6.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $309,270.00. Following the completion of the sale, the executive vice president now directly owns 5,564 shares in the company, valued at approximately $1,720,778.28. The trade was a 15.23% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 17,636 shares of company stock valued at $5,420,722. Corporate insiders own 0.25% of the company's stock.

McDonald's Company 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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