McDonald’s Co. (NYSE:MCD) Shares Acquired by Signaturefd LLC

Signaturefd LLC boosted its stake in shares of McDonald’s Co. (NYSE:MCD) by 5.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,146 shares of the fast-food giant’s stock after purchasing an additional 845 shares during the quarter. Signaturefd LLC’s holdings in McDonald’s were worth $4,970,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MCD. United Bank grew its position in shares of McDonald’s by 3.5% in the third quarter. United Bank now owns 6,446 shares of the fast-food giant’s stock valued at $1,963,000 after purchasing an additional 218 shares during the period. Schear Investment Advisers LLC increased its holdings in McDonald’s by 2.1% in the 3rd quarter. Schear Investment Advisers LLC now owns 2,494 shares of the fast-food giant’s stock valued at $759,000 after purchasing an additional 52 shares in the last quarter. BCGM Wealth Management LLC raised its holdings in shares of McDonald’s by 6.6% during the 3rd quarter. BCGM Wealth Management LLC now owns 1,818 shares of the fast-food giant’s stock valued at $554,000 after buying an additional 112 shares during the period. GoalVest Advisory LLC grew its stake in shares of McDonald’s by 6.3% during the third quarter. GoalVest Advisory LLC now owns 5,215 shares of the fast-food giant’s stock valued at $1,588,000 after acquiring an additional 311 shares in the last quarter. Finally, Peterson Financial Group Inc. purchased a new position in shares of McDonald’s during the 3rd quarter valued at approximately $58,000. 70.29% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Joseph M. Erlinger sold 1,099 shares of the company’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $291.10, for a total transaction of $319,918.90. Following the sale, the insider now directly owns 8,187 shares in the company, valued at approximately $2,383,235.70. This represents a 11.84 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Christopher J. Kempczinski sold 10,500 shares of McDonald’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total value of $3,255,525.00. Following the completion of the transaction, the chief executive officer now owns 32,756 shares of the company’s stock, valued at approximately $10,155,997.80. This trade represents a 24.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,504 shares of company stock worth $10,206,575. 0.23% of the stock is owned by corporate insiders.

Analyst Ratings Changes

MCD has been the subject of a number of research reports. Morgan Stanley lifted their price objective on shares of McDonald’s from $336.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. TD Securities reaffirmed a “hold” rating and issued a $300.00 price objective on shares of McDonald’s in a report on Monday, February 10th. Robert W. Baird lifted their price target on McDonald’s from $305.00 to $310.00 and gave the company a “neutral” rating in a research report on Tuesday, February 11th. Barclays increased their target price on shares of McDonald’s from $347.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Finally, Loop Capital reissued a “buy” rating and issued a $342.00 price target 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 issued a buy rating to the company’s stock. According to MarketBeat.com, McDonald’s currently has a consensus rating of “Moderate Buy” and a consensus price target of $323.61.

McDonald’s Trading Up 0.8 %

Shares of McDonald’s stock opened at $300.00 on Monday. The company has a market cap of $214.34 billion, a P/E ratio of 26.34, a PEG ratio of 3.10 and a beta of 0.71. The business has a 50-day moving average price of $296.96 and a two-hundred day moving average price of $296.91. McDonald’s Co. has a 1-year low of $243.53 and a 1-year high of $326.32.

McDonald’s (NYSE:MCD) last posted its quarterly earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.83. McDonald’s had a negative return on equity of 181.63% and a net margin of 31.73%. Equities research analysts forecast that McDonald’s Co. will post 12.25 EPS for the current fiscal year.

McDonald’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $1.77 dividend. The ex-dividend date is Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.36%. McDonald’s’s dividend payout ratio is presently 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, Spain, and the U.K.