Nomura Asset Management Co. Ltd. increased its holdings in shares of McDonald's Co. (NYSE:MCD) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 145,947 shares of the fast-food giant’s stock after purchasing an additional 1,096 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in McDonald's were worth $25,121,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MCD. Tarbox Family Office Inc. lifted its position in McDonald's by 105.8% during the fourth quarter. Tarbox Family Office Inc. now owns 638 shares of the fast-food giant’s stock valued at $110,000 after acquiring an additional 328 shares during the last quarter. Chevy Chase Trust Holdings Inc. raised its holdings in shares of McDonald's by 0.5% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 808,477 shares of the fast-food giant’s stock worth $126,673,000 after buying an additional 3,876 shares during the last quarter. Front Row Advisors LLC purchased a new position in shares of McDonald's in the fourth quarter worth $651,000. Quantitative Systematic Strategies LLC raised its holdings in shares of McDonald's by 285.6% in the fourth quarter. Quantitative Systematic Strategies LLC now owns 13,430 shares of the fast-food giant’s stock worth $2,312,000 after buying an additional 9,947 shares during the last quarter. Finally, Highstreet Asset Management Inc. raised its holdings in shares of McDonald's by 67.1% in the fourth quarter. Highstreet Asset Management Inc. now owns 94,891 shares of the fast-food giant’s stock worth $16,333,000 after buying an additional 38,120 shares during the last quarter. Hedge funds and other institutional investors own 68.50% of the company’s stock.

A number of research analysts have issued reports on the stock. Wells Fargo set a $185.00 price target on shares of McDonald's and gave the stock a “buy” rating in a report on Wednesday. Zacks Investment Research raised shares of McDonald's from a “sell” rating to a “hold” rating in a report on Thursday, April 19th. Stifel Nicolaus decreased their price target on shares of McDonald's from $172.00 to $165.00 and set a “hold” rating for the company in a report on Wednesday, April 18th. Vetr raised shares of McDonald's from a “hold” rating to a “buy” rating and set a $177.90 price target for the company in a report on Tuesday, April 10th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $170.00 price target on shares of McDonald's in a report on Monday, March 12th. Nine analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $183.16.

MCD stock opened at $158.30 on Friday. The firm has a market cap of $123,894.01, a P/E ratio of 23.77, a PEG ratio of 2.36 and a beta of 0.64. The company has a current ratio of 1.84, a quick ratio of 1.82 and a debt-to-equity ratio of -9.04. McDonald's Co. has a one year low of $139.78 and a one year high of $178.70.

McDonald's (NYSE:MCD) last released its quarterly earnings results on Tuesday, January 30th. The fast-food giant reported $1.71 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.12. The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.22 billion. McDonald's had a net margin of 22.75% and a negative return on equity of 201.76%. The firm’s revenue was down 11.4% on a year-over-year basis. During the same quarter last year, the business earned $1.44 earnings per share. research analysts predict that McDonald's Co. will post 7.58 earnings per share for the current year.

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

McDonald's Profile

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.

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

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