Sanibel Captiva Trust Company Inc. Has $8.58 Million Holdings in McDonald's Co. (NYSE:MCD)

Sanibel Captiva Trust Company Inc. raised its stake in McDonald's Co. (NYSE:MCD - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,612 shares of the fast-food giant's stock after buying an additional 1,373 shares during the period. Sanibel Captiva Trust Company Inc.'s holdings in McDonald's were worth $8,584,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MCD. Kennebec Savings Bank acquired a new position in McDonald's during the third quarter worth $1,394,000. Charles Schwab Investment Management Inc. boosted its position in shares of McDonald's by 0.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,564,359 shares of the fast-food giant's stock worth $1,694,403,000 after buying an additional 49,106 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its stake in McDonald's by 58.9% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 138,102 shares of the fast-food giant's stock valued at $35,194,000 after acquiring an additional 51,210 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its stake in McDonald's by 6.5% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 49,186 shares of the fast-food giant's stock valued at $14,978,000 after acquiring an additional 2,997 shares during the last quarter. Finally, Weiss Asset Management LP purchased a new position in McDonald's during the 3rd quarter valued at about $16,870,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Baird R W lowered shares of McDonald's from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 23rd. Argus raised McDonald's from a "hold" rating to a "buy" rating in a report on Tuesday, October 8th. KeyCorp increased their price objective on McDonald's from $305.00 to $330.00 and gave the company an "overweight" rating in a research note on Monday, October 7th. Robert W. Baird downgraded shares of McDonald's from an "outperform" rating to a "neutral" rating and cut their target price for the company from $320.00 to $290.00 in a research note on Wednesday, October 23rd. Finally, Barclays raised their price target on shares of McDonald's from $300.00 to $325.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 22nd. 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.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $321.39.

Insider Buying and Selling

In other news, EVP Marion K. Gross sold 1,499 shares of McDonald's stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $294.51, for a total transaction of $441,470.49. Following the sale, the executive vice president now owns 1,560 shares of the company's stock, valued at approximately $459,435.60. The trade was a 49.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Joseph M. Erlinger sold 1,099 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was 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 owns 9,286 shares of the company's stock, valued at $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. Insiders sold a total of 9,704 shares of company stock worth $2,829,428 in the last three months. 0.23% of the stock is owned by insiders.

McDonald's Stock Up 0.4 %

Shares of MCD stock traded up $1.16 during mid-day trading on Friday, reaching $280.90. The company's stock had a trading volume of 3,304,829 shares, compared to its average volume of 2,456,984. McDonald's Co. has a 12-month low of $243.53 and a 12-month high of $317.90. The company's 50 day simple moving average is $292.54 and its 200-day simple moving average is $287.24. The firm has a market capitalization of $201.30 billion, a PE ratio of 24.66, a price-to-earnings-growth ratio of 3.67 and a beta of 0.73.

McDonald's (NYSE:MCD - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The fast-food giant reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.18 by $0.05. McDonald's had a negative return on equity of 175.42% and a net margin of 31.79%. The firm had revenue of $6.87 billion for the quarter, compared to analysts' expectations of $6.82 billion. During the same quarter in the prior year, the firm posted $3.19 earnings per share. McDonald's's revenue for the quarter was up 2.7% compared to the same quarter last year. As a group, research analysts anticipate 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.