Robeco Institutional Asset Management B.V. Cuts Position in McDonald's Co. (NYSE:MCD)

Robeco Institutional Asset Management B.V. reduced its stake in McDonald's Co. (NYSE:MCD - Free Report) by 6.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 67,821 shares of the fast-food giant's stock after selling 4,666 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in McDonald's were worth $19,661,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. raised its holdings in McDonald's by 2.4% during the third quarter. Steigerwald Gordon & Koch Inc. now owns 1,422 shares of the fast-food giant's stock worth $433,000 after acquiring an additional 33 shares in the last quarter. Riversedge Advisors LLC raised its holdings in McDonald's by 2.0% during the third quarter. Riversedge Advisors LLC now owns 1,686 shares of the fast-food giant's stock worth $513,000 after acquiring an additional 33 shares in the last quarter. Proquility Private Wealth Partners LLC raised its holdings in McDonald's by 1.0% during the third quarter. Proquility Private Wealth Partners LLC now owns 3,472 shares of the fast-food giant's stock worth $1,057,000 after acquiring an additional 35 shares in the last quarter. Clear Creek Financial Management LLC raised its holdings in McDonald's by 2.8% during the third quarter. Clear Creek Financial Management LLC now owns 1,300 shares of the fast-food giant's stock worth $396,000 after acquiring an additional 35 shares in the last quarter. Finally, GDS Wealth Management raised its holdings in McDonald's by 1.4% during the third quarter. GDS Wealth Management now owns 2,504 shares of the fast-food giant's stock worth $762,000 after acquiring an additional 35 shares in the last quarter. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at McDonald's

In other McDonald's news, insider Joseph M. Erlinger sold 300 shares of McDonald's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $280.75, for a total transaction of $84,225.00. Following the completion of the transaction, the insider now owns 7,887 shares in the company, valued at approximately $2,214,275.25. The trade was a 3.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Marion K. Gross sold 1,499 shares of McDonald's 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 transaction, the executive vice president now owns 1,560 shares of the company's stock, valued at $453,882. This trade represents a 49.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,406 shares of company stock worth $2,150,857. Insiders own 0.23% of the company's stock.

Analysts Set New Price Targets

MCD has been the topic of several research analyst reports. BMO Capital Markets upped their price objective on McDonald's from $315.00 to $335.00 and gave the company an "outperform" rating in a research note on Wednesday, October 30th. Loop Capital restated a "buy" rating and issued a $342.00 price objective on shares of McDonald's in a research note on Friday, January 3rd. Wells Fargo & Company increased their target price on McDonald's from $285.00 to $350.00 and gave the stock an "overweight" rating in a research note on Monday, October 21st. Argus upgraded McDonald's from a "hold" rating to a "buy" rating in a research note on Tuesday, October 8th. Finally, Morgan Stanley lowered their target price on McDonald's from $340.00 to $336.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 21st. Ten equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $320.87.

McDonald's Price Performance

Shares of McDonald's stock opened at $288.83 on Friday. McDonald's Co. has a one year low of $243.53 and a one year high of $317.90. The firm has a market capitalization of $206.98 billion, a price-to-earnings ratio of 25.36, a PEG ratio of 3.85 and a beta of 0.73. The business has a 50-day simple moving average of $291.15 and a 200 day simple moving average of $289.25.

McDonald's (NYSE:MCD - Get Free Report) last issued its 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. The business had revenue of $6.87 billion during the quarter, compared to analyst estimates of $6.82 billion. McDonald's had a negative return on equity of 175.42% and a net margin of 31.79%. The firm's revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.19 EPS. On average, sell-side analysts expect that McDonald's Co. will post 11.68 EPS for the current year.

McDonald's Company 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.

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