Tyvor Capital LLC Buys New Holdings in McDonald's Co. (MCD)

Tyvor Capital LLC bought a new stake in McDonald's Co. (NYSE:MCD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,428 shares of the fast-food giant’s stock, valued at approximately $1,106,000. McDonald's accounts for approximately 0.3% of Tyvor Capital LLC’s investment portfolio, making the stock its 28th largest holding.

Other large investors also recently added to or reduced their stakes in the company. Tarbox Family Office Inc. increased its holdings in shares of McDonald's by 105.8% in the fourth quarter. Tarbox Family Office Inc. now owns 638 shares of the fast-food giant’s stock valued at $110,000 after purchasing an additional 328 shares during the period. Chevy Chase Trust Holdings Inc. increased its holdings in shares of McDonald's by 0.5% in the third quarter. Chevy Chase Trust Holdings Inc. now owns 808,477 shares of the fast-food giant’s stock valued at $126,673,000 after purchasing an additional 3,876 shares during the period. Front Row Advisors LLC acquired a new position in shares of McDonald's in the fourth quarter valued at approximately $651,000. Quantitative Systematic Strategies LLC increased its holdings in shares of McDonald's by 285.6% in the fourth quarter. Quantitative Systematic Strategies LLC now owns 13,430 shares of the fast-food giant’s stock valued at $2,312,000 after purchasing an additional 9,947 shares during the period. Finally, Barber Financial Group Inc. increased its holdings in shares of McDonald's by 51.3% in the fourth quarter. Barber Financial Group Inc. now owns 2,057 shares of the fast-food giant’s stock valued at $354,000 after purchasing an additional 697 shares during the period. 68.49% of the stock is currently owned by institutional investors and hedge funds.

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Shares of NYSE:MCD opened at $162.55 on Wednesday. The company has a current ratio of 1.84, a quick ratio of 1.82 and a debt-to-equity ratio of -9.04. McDonald's Co. has a 52-week low of $131.80 and a 52-week high of $178.70. The firm has a market capitalization of $128,494.15, a PE ratio of 24.41, a P/E/G ratio of 2.44 and a beta of 0.64.

McDonald's (NYSE:MCD) last issued its quarterly earnings data on Tuesday, January 30th. The fast-food giant reported $1.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.12. McDonald's had a negative return on equity of 201.76% and a net margin of 22.75%. The business had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.22 billion. During the same period in the prior year, the business earned $1.44 earnings per share. The business’s revenue was down 11.4% on a year-over-year basis. equities analysts anticipate that McDonald's Co. will post 7.58 EPS for the current fiscal year.

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

A number of research analysts recently weighed in on MCD shares. Vetr raised McDonald's from a “hold” rating to a “buy” rating and set a $177.90 price objective on the stock in a report on Tuesday, April 10th. Zacks Investment Research lowered McDonald's from a “buy” rating to a “hold” rating in a report on Wednesday, March 7th. Stephens lowered McDonald's from an “overweight” rating to an “equal weight” rating in a report on Monday. Royal Bank of Canada reaffirmed an “outperform” rating and set a $170.00 price objective on shares of McDonald's in a report on Monday, March 12th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $190.00 price objective on shares of McDonald's in a report on Monday, March 12th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and twenty-four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $183.40.

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McDonald's 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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