VanderPol Investments L.L.C. Grows Stock Holdings in McDonald’s Co. (NYSE:MCD)

VanderPol Investments L.L.C. grew its holdings in shares of McDonald’s Co. (NYSE:MCD) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 833 shares of the fast-food giant’s stock after buying an additional 62 shares during the quarter. VanderPol Investments L.L.C.’s holdings in McDonald’s were worth $241,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Legacy Investment Solutions LLC purchased a new position in shares of McDonald’s in the third quarter valued at $25,000. RPg Family Wealth Advisory LLC purchased a new position in shares of McDonald’s in the third quarter valued at $31,000. Hara Capital LLC purchased a new position in shares of McDonald’s in the third quarter valued at $44,000. Peterson Financial Group Inc. purchased a new position in shares of McDonald’s in the third quarter valued at $58,000. Finally, FSA Wealth Management LLC purchased a new position in shares of McDonald’s in the third quarter valued at $72,000. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other McDonald’s news, EVP Marion K. Gross sold 1,499 shares of the firm’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $294.51, for a total value of $441,470.49. Following the completion of the transaction, the executive vice president now directly owns 1,560 shares in the company, valued at $459,435.60. This trade represents a 49.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Joseph M. Erlinger sold 1,099 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $292.50, for a total transaction of $321,457.50. Following the completion of the transaction, the insider now owns 9,286 shares of the company’s stock, valued at approximately $2,716,155. The trade was a 10.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,905 shares of company stock worth $2,592,327. Corporate insiders own 0.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on MCD shares. Barclays upped their target price on shares of McDonald’s from $300.00 to $325.00 and gave the company an “overweight” rating in a research note on Tuesday, October 22nd. Wells Fargo & Company increased their price objective on shares of McDonald’s from $285.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, October 21st. Truist Financial reduced their price objective on shares of McDonald’s from $350.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Guggenheim downgraded shares of McDonald’s from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $290.00 to $285.00 in a research note on Wednesday, October 23rd. Finally, TD Cowen reiterated a “hold” rating and set a $300.00 price objective on shares of McDonald’s in a research note on Tuesday, October 29th. Ten investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $320.87.

McDonald’s Stock Up 0.4 %

McDonald’s stock traded up $1.10 during trading hours on Wednesday, hitting $292.25. 237,672 shares of the company traded hands, compared to its average volume of 2,969,651. The firm has a market cap of $209.43 billion, a P/E ratio of 25.69, a P/E/G ratio of 3.66 and a beta of 0.73. The firm’s 50-day simple moving average is $291.12 and its two-hundred day simple moving average is $289.23. McDonald’s Co. has a 1-year low of $243.53 and a 1-year high of $317.90.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Tuesday, October 29th. The fast-food giant reported $3.23 earnings per share for the quarter, beating the consensus estimate of $3.18 by $0.05. McDonald’s had a net margin of 31.79% and a negative return on equity of 175.42%. The company had revenue of $6.87 billion during the quarter, compared to analyst estimates of $6.82 billion. During the same quarter last year, the firm posted $3.19 EPS. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, equities research analysts predict that McDonald’s Co. will post 11.72 earnings per share for the current year.

McDonald’s Profile

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions.