MassMutual Private Wealth & Trust FSB Has $37.04 Million Stock Position in McDonald's Co. (NYSE:MCD)

MassMutual Private Wealth & Trust FSB boosted its holdings in McDonald's Co. (NYSE:MCD - Free Report) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 127,777 shares of the fast-food giant's stock after acquiring an additional 2,297 shares during the period. McDonald's accounts for about 1.0% of MassMutual Private Wealth & Trust FSB's portfolio, making the stock its 21st largest holding. MassMutual Private Wealth & Trust FSB's holdings in McDonald's were worth $37,041,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC purchased a new stake in McDonald's during the 3rd quarter worth about $25,000. RPg Family Wealth Advisory LLC acquired a new position in McDonald's in the third quarter valued at $31,000. Hara Capital LLC acquired a new stake in shares of McDonald's in the 3rd quarter valued at about $44,000. Peterson Financial Group Inc. purchased a new position in shares of McDonald's during the third quarter worth approximately $58,000. Finally, FSA Wealth Management LLC purchased a new position in McDonald's during the 3rd quarter worth $72,000. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. UBS Group boosted their target price on McDonald's from $305.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, October 9th. Baird R W downgraded shares of McDonald's from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 23rd. The Goldman Sachs Group increased their price objective on shares of McDonald's from $284.00 to $325.00 and gave the company a "neutral" rating in a research note on Tuesday, September 24th. Barclays raised their price target on McDonald's from $300.00 to $325.00 and gave the stock an "overweight" rating in a research report on Tuesday, October 22nd. Finally, BMO Capital Markets boosted their price objective on shares of McDonald's from $315.00 to $335.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Ten equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat, McDonald's currently has a consensus rating of "Moderate Buy" and a consensus target price of $321.39.

McDonald's Stock Performance

Shares of MCD stock traded up $1.16 during trading hours on Monday, hitting $280.90. The company had a trading volume of 3,304,829 shares, compared to its average volume of 2,456,984. The firm's fifty day moving average is $292.54 and its 200 day moving average is $287.50. The firm has a market capitalization of $201.30 billion, a price-to-earnings ratio of 24.66, a PEG ratio of 3.67 and a beta of 0.73. McDonald's Co. has a 12 month low of $243.53 and a 12 month high of $317.90.

McDonald's (NYSE:MCD - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The fast-food giant reported $3.23 EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $6.87 billion for the quarter, compared to analyst estimates of $6.82 billion. During the same period in the previous year, the business earned $3.19 earnings per share. The company's revenue for the quarter 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.

Insider Buying and Selling at McDonald's

In other news, EVP Marion K. Gross sold 1,499 shares of the firm's stock in a transaction on Friday, November 1st. The stock was sold at an average price of $294.51, for a total value of $441,470.49. Following 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Joseph M. Erlinger sold 1,099 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $292.50, for a total value of $321,457.50. Following the completion of the sale, the insider now directly owns 9,286 shares of the company's stock, valued at approximately $2,716,155. This trade represents a 10.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 9,704 shares of company stock worth $2,829,428. Insiders own 0.23% of the company's stock.

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.