Columbia Partners L L C Investment Management raised its stake in shares of McDonald's Co. (NYSE:MCD) by 911.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,384 shares of the fast-food giant’s stock after buying an additional 30,084 shares during the period. Columbia Partners L L C Investment Management’s holdings in McDonald's were worth $5,746,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Highland Private Wealth Management lifted its stake in shares of McDonald's by 0.3% in the 2nd quarter. Highland Private Wealth Management now owns 2,182 shares of the fast-food giant’s stock valued at $335,000 after purchasing an additional 6 shares during the last quarter. Sunbelt Securities Inc. lifted its stake in shares of McDonald's by 0.9% in the 2nd quarter. Sunbelt Securities Inc. now owns 4,295 shares of the fast-food giant’s stock valued at $658,000 after purchasing an additional 37 shares during the last quarter. Southeast Asset Advisors Inc. lifted its stake in shares of McDonald's by 1.6% in the 2nd quarter. Southeast Asset Advisors Inc. now owns 2,480 shares of the fast-food giant’s stock valued at $380,000 after purchasing an additional 39 shares during the last quarter. Baker Avenue Asset Management LP lifted its stake in shares of McDonald's by 2.8% in the 2nd quarter. Baker Avenue Asset Management LP now owns 1,703 shares of the fast-food giant’s stock valued at $261,000 after purchasing an additional 47 shares during the last quarter. Finally, South Texas Money Management Ltd. lifted its stake in shares of McDonald's by 1.2% in the 2nd quarter. South Texas Money Management Ltd. now owns 4,211 shares of the fast-food giant’s stock valued at $645,000 after purchasing an additional 51 shares during the last quarter. 68.49% of the stock is owned by institutional investors.

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Several equities research analysts recently issued reports on the stock. JPMorgan Chase reaffirmed a “buy” rating and issued a $182.00 price objective on shares of McDonald's in a research note on Monday, March 12th. Piper Jaffray set a $185.00 price objective on shares of McDonald's and gave the company a “buy” rating in a research note on Tuesday, April 10th. Barclays reduced their price objective on shares of McDonald's from $205.00 to $200.00 and set an “overweight” rating for the company in a research note on Wednesday, January 31st. Credit Suisse Group reissued an “outperform” rating and set a $191.00 target price (up previously from $185.00) on shares of McDonald's in a research report on Tuesday, January 23rd. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $190.00 target price (up previously from $180.00) on shares of McDonald's in a research report on Wednesday, January 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty-four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $183.40.

In related news, VP Catherine A. Hoovel sold 1,398 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $170.54, for a total value of $238,414.92. Following the sale, the vice president now owns 1,398 shares of the company’s stock, valued at $238,414.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Douglas M. Goare sold 34,575 shares of the company’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $173.53, for a total transaction of $5,999,799.75. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

NYSE:MCD opened at $161.63 on Tuesday. McDonald's Co. has a 52-week low of $130.91 and a 52-week high of $178.70. The company has a current ratio of 1.84, a quick ratio of 1.82 and a debt-to-equity ratio of -9.04. The stock has a market cap of $128,494.15, a PE ratio of 24.27, a P/E/G ratio of 2.44 and a beta of 0.64.

McDonald's (NYSE:MCD) last posted its quarterly earnings data on Tuesday, January 30th. The fast-food giant reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.12. The company had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.22 billion. McDonald's had a net margin of 22.75% and a negative return on equity of 201.76%. The business’s revenue was down 11.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.44 EPS. research analysts expect that McDonald's Co. will post 7.58 earnings per share for the current year.

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McDonald's Company Profile

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

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Institutional Ownership by Quarter for McDonald's (NYSE:MCD)

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