Quantinno Capital Management LP Buys 20,140 Shares of McDonald's Co. (NYSE:MCD)

Quantinno Capital Management LP boosted its stake in McDonald's Co. (NYSE:MCD - Free Report) by 38.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,740 shares of the fast-food giant's stock after acquiring an additional 20,140 shares during the period. Quantinno Capital Management LP's holdings in McDonald's were worth $21,087,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Atala Financial Inc acquired a new position in McDonald's in the fourth quarter valued at approximately $26,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of McDonald's during the 4th quarter valued at $27,000. Collier Financial bought a new position in McDonald's during the fourth quarter worth $29,000. Fairway Wealth LLC grew its holdings in McDonald's by 110.0% in the fourth quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant's stock worth $30,000 after purchasing an additional 55 shares during the period. Finally, GKV Capital Management Co. Inc. bought a new stake in McDonald's in the fourth quarter valued at $30,000. 70.29% of the stock is owned by institutional investors.

Insider Buying and Selling

In other McDonald's news, CMO Edith Morgan Flatley sold 3,200 shares of the business's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $300.76, for a total transaction of $962,432.00. Following the completion of the sale, the chief marketing officer now directly owns 9,858 shares in the company, valued at approximately $2,964,892.08. The trade was a 24.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Joseph M. Erlinger sold 939 shares of the business's stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $305.00, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 17,636 shares of company stock worth $5,420,722 in the last three months. 0.25% of the stock is owned by corporate insiders.

McDonald's Trading Down 1.0%

NYSE MCD opened at $308.76 on Wednesday. The firm has a market cap of $220.79 billion, a PE ratio of 27.11, a price-to-earnings-growth ratio of 3.10 and a beta of 0.57. McDonald's Co. has a 1-year low of $243.53 and a 1-year high of $326.32. The stock has a 50-day moving average of $310.15 and a 200-day moving average of $300.31.

McDonald's (NYSE:MCD - Get Free Report) last announced its quarterly earnings results 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. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. The company had revenue of $5.96 billion for the quarter, compared to the consensus estimate of $6.17 billion. During the same quarter in the previous year, the business earned $2.70 EPS. McDonald's's revenue was down 3.5% compared to the same quarter last year. As a group, equities research analysts forecast that McDonald's Co. will post 12.25 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on MCD. Northcoast Research lowered shares of McDonald's from a "buy" rating to a "neutral" rating in a research note on Tuesday, May 6th. BTIG Research restated a "neutral" rating on shares of McDonald's in a research note on Tuesday, April 22nd. Wedbush increased their price target on shares of McDonald's from $320.00 to $330.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Erste Group Bank upgraded McDonald's from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 17th. Finally, Barclays lifted their price objective on shares of McDonald's from $347.00 to $355.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. Eleven investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price 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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