McDonald's Co. (MCD) Holdings Increased by CWA Asset Management Group LLC

CWA Asset Management Group LLC raised its position in shares of McDonald's Co. (NYSE:MCD) by 10.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,651 shares of the fast-food giant’s stock after purchasing an additional 2,300 shares during the quarter. McDonald's accounts for 1.1% of CWA Asset Management Group LLC’s investment portfolio, making the stock its 29th biggest holding. CWA Asset Management Group LLC’s holdings in McDonald's were worth $4,071,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Janus Henderson Group PLC grew its holdings in shares of McDonald's by 3,951.0% during the 2nd quarter. Janus Henderson Group PLC now owns 4,422,423 shares of the fast-food giant’s stock valued at $677,339,000 after acquiring an additional 4,313,253 shares in the last quarter. FMR LLC grew its holdings in shares of McDonald's by 72.9% during the 2nd quarter. FMR LLC now owns 8,371,823 shares of the fast-food giant’s stock valued at $1,282,229,000 after acquiring an additional 3,530,622 shares in the last quarter. Jennison Associates LLC grew its holdings in shares of McDonald's by 26.5% during the 4th quarter. Jennison Associates LLC now owns 8,820,228 shares of the fast-food giant’s stock valued at $1,518,138,000 after acquiring an additional 1,848,111 shares in the last quarter. BlackRock Inc. grew its holdings in shares of McDonald's by 3.0% during the 2nd quarter. BlackRock Inc. now owns 54,606,388 shares of the fast-food giant’s stock valued at $8,363,515,000 after acquiring an additional 1,586,761 shares in the last quarter. Finally, Capital Research Global Investors grew its holdings in shares of McDonald's by 15.0% during the 2nd quarter. Capital Research Global Investors now owns 12,058,661 shares of the fast-food giant’s stock valued at $1,846,905,000 after acquiring an additional 1,572,074 shares in the last quarter. 68.50% of the stock is currently owned by institutional investors.

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MCD has been the topic of several research analyst reports. SunTrust Banks set a $187.00 price target on shares of McDonald's and gave the company a “buy” rating in a report on Wednesday, January 3rd. Robert W. Baird set a $190.00 price target on shares of McDonald's and gave the company a “buy” rating in a report on Tuesday, January 2nd. Nomura set a $190.00 price target on shares of McDonald's and gave the company a “buy” rating in a report on Tuesday, January 2nd. Zacks Investment Research upgraded shares of McDonald's from a “hold” rating to a “buy” rating and set a $194.00 price target on the stock in a report on Tuesday, January 2nd. Finally, Royal Bank of Canada set a $190.00 price target on shares of McDonald's and gave the company a “buy” rating in a report on Tuesday, January 2nd. Nine investment analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company. McDonald's presently has an average rating of “Buy” and an average price target of $183.16.

MCD stock opened at $155.94 on Thursday. The company has a debt-to-equity ratio of -9.04, a current ratio of 1.84 and a quick ratio of 1.82. McDonald's Co. has a 52-week low of $139.78 and a 52-week high of $178.70. The stock has a market cap of $126,317.23, a price-to-earnings ratio of 23.41, a PEG ratio of 2.40 and a beta of 0.64.

McDonald's (NYSE:MCD) last released its quarterly earnings results on Tuesday, January 30th. The fast-food giant reported $1.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.59 by $0.12. McDonald's had a net margin of 22.75% and a negative return on equity of 201.76%. The company had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.22 billion. During the same period in the prior year, the company earned $1.44 earnings per share. The business’s quarterly revenue was down 11.4% compared to the same quarter last year. equities analysts anticipate that McDonald's Co. will post 7.57 EPS for the current fiscal year.

In other news, VP Catherine A. Hoovel sold 1,398 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $170.54, for a total transaction of $238,414.92. Following the completion of the transaction, the vice president now owns 1,398 shares of the company’s stock, valued at $238,414.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Douglas M. Goare sold 34,575 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $173.53, for a total transaction of $5,999,799.75. The disclosure for this sale can be found here. 0.24% of the stock is owned by corporate insiders.

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About McDonald's

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

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

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