Lawson Kroeker Investment Management Inc. NE Has $2.80 Million Holdings in McDonald’s Co. (NYSE:MCD)

Lawson Kroeker Investment Management Inc. NE lessened its holdings in McDonald’s Co. (NYSE:MCD) by 1.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,672 shares of the fast-food giant’s stock after selling 170 shares during the period. Lawson Kroeker Investment Management Inc. NE’s holdings in McDonald’s were worth $2,804,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in MCD. Strategic Investment Solutions Inc. IL acquired a new stake in shares of McDonald’s in the 2nd quarter worth about $1,011,000. Brown Financial Advisors bought a new stake in McDonald’s in the 2nd quarter worth about $1,612,000. Creekside Partners bought a new stake in McDonald’s in the 2nd quarter worth about $658,000. Sanctuary Advisors LLC bought a new stake in McDonald’s in the 2nd quarter worth about $52,675,000. Finally, Lazari Capital Management Inc. grew its position in McDonald’s by 20.7% in the 2nd quarter. Lazari Capital Management Inc. now owns 1,928 shares of the fast-food giant’s stock worth $491,000 after purchasing an additional 330 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Analyst Upgrades and Downgrades

MCD has been the subject of a number of recent analyst reports. Wells Fargo & Company upped their price objective on shares of McDonald’s from $285.00 to $350.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Morgan Stanley reduced their target price on shares of McDonald’s from $340.00 to $336.00 and set an “overweight” rating for the company in a research report on Tuesday, January 21st. Loop Capital reissued a “buy” rating and set a $342.00 target price on shares of McDonald’s in a research report on Friday, January 3rd. Bank of America increased their target price on shares of McDonald’s from $321.00 to $324.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Finally, KeyCorp reduced their target price on shares of McDonald’s from $330.00 to $320.00 and set an “overweight” rating for the company in a research report on Friday, January 24th. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.87.

Insider Buying and Selling

In other McDonald’s news, EVP Marion K. Gross sold 1,499 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $294.51, for a total value of $441,470.49. Following the sale, the executive vice president now owns 1,560 shares of the company’s stock, valued at $459,435.60. This trade represents a 49.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joseph M. Erlinger sold 300 shares of the firm’s stock in a transaction on 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 sale, the insider now directly owns 7,887 shares in the company, valued at approximately $2,214,275.25. This trade represents a 3.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,905 shares of company stock worth $2,592,327 in the last 90 days. 0.23% of the stock is owned by company insiders.

McDonald’s Stock Performance

McDonald’s stock opened at $290.41 on Thursday. The firm’s fifty day moving average price is $291.12 and its 200-day moving average price is $289.23. The stock has a market cap of $208.11 billion, a P/E ratio of 25.50, a price-to-earnings-growth ratio of 3.66 and a beta of 0.73. McDonald’s Co. has a fifty-two week low of $243.53 and a fifty-two week high of $317.90.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Tuesday, October 29th. The fast-food giant reported $3.23 earnings per share for the quarter, beating the consensus estimate of $3.18 by $0.05. The firm had revenue of $6.87 billion for the quarter, compared to analysts’ expectations of $6.82 billion. McDonald’s had a net margin of 31.79% and a negative return on equity of 175.42%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company posted $3.19 EPS. On average, analysts predict that McDonald’s Co. will post 11.72 earnings per share 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.