Householder Group Estate & Retirement Specialist LLC Has $153,000 Holdings in McDonald's Co. (NYSE:MCD)

Householder Group Estate & Retirement Specialist LLC lessened its position in McDonald's Co. (NYSE:MCD - Free Report) by 82.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 528 shares of the fast-food giant's stock after selling 2,450 shares during the period. Householder Group Estate & Retirement Specialist LLC's holdings in McDonald's were worth $153,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. First National Bank of Mount Dora Trust Investment Services raised its stake in McDonald's by 0.7% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 12,921 shares of the fast-food giant's stock valued at $3,746,000 after acquiring an additional 88 shares in the last quarter. Chemistry Wealth Management LLC lifted its holdings in McDonald's by 13.9% in the fourth quarter. Chemistry Wealth Management LLC now owns 1,657 shares of the fast-food giant's stock worth $480,000 after purchasing an additional 202 shares during the period. Relyea Zuckerberg Hanson LLC lifted its holdings in McDonald's by 9.0% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 6,088 shares of the fast-food giant's stock worth $1,765,000 after purchasing an additional 505 shares during the period. Saxon Interests Inc. grew its position in McDonald's by 1.9% in the 4th quarter. Saxon Interests Inc. now owns 3,326 shares of the fast-food giant's stock valued at $964,000 after buying an additional 62 shares in the last quarter. Finally, Avanza Fonder AB bought a new stake in shares of McDonald's during the 4th quarter worth about $15,083,000. 70.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MCD shares. Baird R W cut shares of McDonald's from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 23rd. Truist Financial cut their target price on McDonald's from $350.00 to $342.00 and set a "buy" rating on the stock in a research report on Wednesday, October 30th. Wedbush reiterated an "outperform" rating and issued a $295.00 price target on shares of McDonald's in a research report on Wednesday, October 23rd. UBS Group lifted their price target on McDonald's from $305.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, October 9th. Finally, The Goldman Sachs Group raised their target price on shares of McDonald's from $284.00 to $325.00 and gave the stock a "neutral" rating in a report on Tuesday, September 24th. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat.com, McDonald's currently has a consensus rating of "Moderate Buy" and an average price target of $321.39.

Insider Buying and Selling at McDonald's

In related news, EVP Marion K. Gross sold 1,499 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $290.95, for a total value of $436,134.05. Following the completion of the transaction, the executive vice president now owns 1,560 shares of the company's stock, valued at $453,882. This represents a 49.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Desiree Ralls-Morrison sold 3,409 shares of McDonald's stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $290.15, for a total value of $989,121.35. Following the sale, the executive vice president now directly owns 9,675 shares in the company, valued at $2,807,201.25. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,704 shares of company stock valued at $2,829,428 in the last quarter. Corporate insiders own 0.23% of the company's stock.

McDonald's Price Performance

Shares of McDonald's stock traded up $1.16 during midday trading on Friday, hitting $280.90. The company had a trading volume of 3,304,829 shares, compared to its average volume of 2,456,984. The stock has a market cap of $201.30 billion, a PE ratio of 24.66, a P/E/G ratio of 3.67 and a beta of 0.73. McDonald's Co. has a 1-year low of $243.53 and a 1-year high of $317.90. The business's 50 day simple moving average is $292.54 and its two-hundred day simple moving average is $286.97.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings data on Tuesday, October 29th. The fast-food giant reported $3.23 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to the consensus estimate of $6.82 billion. During the same quarter in the previous year, the firm posted $3.19 EPS. The business's revenue was up 2.7% compared to the same quarter last year. On average, sell-side analysts expect that McDonald's Co. will post 11.73 EPS for the current fiscal year.

About McDonald's

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.