Compagnie Lombard Odier SCmA Grows Stock Holdings in McDonald’s Co. (NYSE:MCD)

Compagnie Lombard Odier SCmA lifted its position in shares of McDonald’s Co. (NYSE:MCD) by 71.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 321,503 shares of the fast-food giant’s stock after purchasing an additional 134,123 shares during the period. McDonald’s comprises about 1.4% of Compagnie Lombard Odier SCmA’s holdings, making the stock its 19th largest position. Compagnie Lombard Odier SCmA’s holdings in McDonald’s were worth $93,201,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MCD. Legacy Investment Solutions LLC purchased a new stake in McDonald’s in the third quarter valued at $25,000. Comprehensive Financial Planning Inc. PA purchased a new stake in McDonald’s in the fourth quarter valued at $27,000. Collier Financial purchased a new stake in McDonald’s in the fourth quarter valued at $29,000. RPg Family Wealth Advisory LLC purchased a new stake in McDonald’s in the third quarter valued at $31,000. Finally, Hara Capital LLC purchased a new stake in McDonald’s in the third quarter valued at $44,000. 70.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Christopher J. Kempczinski sold 10,500 shares of the business’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total transaction of $3,255,525.00. Following the sale, the chief executive officer now owns 32,756 shares of the company’s stock, valued at approximately $10,155,997.80. The trade was a 24.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Joseph M. Erlinger sold 1,099 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $292.50, for a total transaction of $321,457.50. Following the sale, the insider now directly owns 9,286 shares in the company, valued at approximately $2,716,155. This represents a 10.58 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,906 shares of company stock valued at $5,406,382. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

MCD has been the subject of a number of research reports. Citigroup boosted their price target on shares of McDonald’s from $336.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday. Baird R W cut shares of McDonald’s from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 23rd. Guggenheim cut shares of McDonald’s from a “buy” rating to a “neutral” rating and reduced their price target for the company from $290.00 to $285.00 in a research report on Wednesday, October 23rd. Morgan Stanley lifted their price objective on shares of McDonald’s from $336.00 to $340.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, 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. Ten investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $323.61.

McDonald’s Stock Up 0.8 %

Shares of McDonald’s stock opened at $309.99 on Friday. McDonald’s Co. has a 52-week low of $243.53 and a 52-week high of $317.90. The company’s 50-day simple moving average is $291.58 and its 200-day simple moving average is $292.08. The firm has a market cap of $222.15 billion, a price-to-earnings ratio of 27.22, a price-to-earnings-growth ratio of 4.08 and a beta of 0.74.

McDonald’s (NYSE:MCD) last released its quarterly earnings data on Monday, February 10th. The fast-food giant reported $2.83 EPS for the quarter, hitting analysts’ consensus estimates of $2.83. McDonald’s had a net margin of 31.79% and a negative return on equity of 175.42%. Equities research analysts anticipate that McDonald’s Co. will post 11.73 EPS for the current year.

McDonald’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date is Monday, March 3rd. McDonald’s’s dividend payout ratio is currently 62.16%.

McDonald’s Profile

McDonald’s Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Russia, Spain, and the U.K.