Rational Advisors LLC Sells 4,444 Shares of McDonald’s Co. (NYSE:MCD)

Rational Advisors LLC cut its position in shares of McDonald’s Co. (NYSE:MCDGet Rating) by 97.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 99 shares of the fast-food giant’s stock after selling 4,444 shares during the quarter. Rational Advisors LLC’s holdings in McDonald’s were worth $27,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MCD. Norwood Financial Corp bought a new position in McDonald’s in the fourth quarter valued at approximately $27,000. Delos Wealth Advisors LLC bought a new position in McDonald’s in the third quarter valued at approximately $30,000. Future Financial Wealth Managment LLC bought a new position in McDonald’s in the fourth quarter valued at approximately $33,000. Horan Securities Inc. bought a new position in McDonald’s in the fourth quarter valued at approximately $45,000. Finally, Fortis Advisors LLC bought a new position in McDonald’s in the third quarter valued at approximately $48,000. Institutional investors and hedge funds own 68.44% of the company’s stock.

In related news, insider Joseph M. Erlinger sold 5,892 shares of McDonald’s stock in a transaction that occurred on Wednesday, May 4th. The stock was sold at an average price of $249.23, for a total value of $1,468,463.16. Following the transaction, the insider now directly owns 8,187 shares of the company’s stock, valued at $2,040,446.01. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Catherine M. Engelbert bought 1,000 shares of McDonald’s stock in a transaction that occurred on Monday, February 28th. The stock was bought at an average price of $244.18 per share, for a total transaction of $244,180.00. The disclosure for this purchase can be found here. Insiders own 0.25% of the company’s stock.

A number of research analysts have weighed in on the company. Piper Sandler decreased their price target on McDonald’s from $282.00 to $250.00 and set an “overweight” rating for the company in a research note on Monday, March 28th. Barclays raised their price objective on McDonald’s from $300.00 to $305.00 and gave the company an “overweight” rating in a research report on Friday, January 28th. Guggenheim cut their price objective on McDonald’s from $300.00 to $290.00 and set a “buy” rating for the company in a research report on Monday, May 2nd. Wedbush reaffirmed an “outperform” rating on shares of McDonald’s in a research report on Friday, January 28th. Finally, UBS Group cut their price objective on McDonald’s from $300.00 to $290.00 and set a “buy” rating for the company in a research report on Wednesday, March 30th. Seven research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company’s stock. According to MarketBeat, McDonald’s presently has an average rating of “Buy” and a consensus price target of $281.81.

Shares of MCD traded up $0.85 during midday trading on Friday, hitting $245.04. The company’s stock had a trading volume of 3,254,811 shares, compared to its average volume of 2,617,787. McDonald’s Co. has a one year low of $217.68 and a one year high of $271.15. The company’s fifty day simple moving average is $244.64 and its two-hundred day simple moving average is $251.72. The stock has a market capitalization of $181.22 billion, a price-to-earnings ratio of 25.88, a price-to-earnings-growth ratio of 3.10 and a beta of 0.57.

McDonald’s (NYSE:MCDGet Rating) last issued its quarterly earnings data on Thursday, April 28th. The fast-food giant reported $2.28 earnings per share for the quarter, topping analysts’ consensus estimates of $2.18 by $0.10. The business had revenue of $5.67 billion for the quarter, compared to analyst estimates of $5.57 billion. McDonald’s had a negative return on equity of 131.20% and a net margin of 29.93%. McDonald’s’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.92 EPS. As a group, equities analysts forecast that McDonald’s Co. will post 9.83 EPS for the current year.

McDonald’s Profile (Get Rating)

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches.

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Institutional Ownership by Quarter for McDonald's (NYSE:MCD)

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