McDonald’s Co. (NYSE:MCD) Stock Position Lessened by Little House Capital LLC

Little House Capital LLC reduced its stake in shares of McDonald’s Co. (NYSE:MCD) by 2.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,640 shares of the fast-food giant’s stock after selling 115 shares during the period. Little House Capital LLC’s holdings in McDonald’s were worth $1,635,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Palumbo Wealth Management LLC increased its stake in shares of McDonald’s by 14.7% during the fourth quarter. Palumbo Wealth Management LLC now owns 9,261 shares of the fast-food giant’s stock valued at $2,685,000 after acquiring an additional 1,187 shares during the period. bLong Financial LLC bought a new position in McDonald’s during the 4th quarter valued at $484,000. Everhart Financial Group Inc. increased its position in shares of McDonald’s by 11.1% during the 4th quarter. Everhart Financial Group Inc. now owns 4,406 shares of the fast-food giant’s stock valued at $1,277,000 after purchasing an additional 440 shares during the period. Beacon Capital Management LLC raised its stake in shares of McDonald’s by 7.3% in the 4th quarter. Beacon Capital Management LLC now owns 855 shares of the fast-food giant’s stock worth $248,000 after buying an additional 58 shares in the last quarter. Finally, TigerOak Management L.L.C. acquired a new stake in shares of McDonald’s in the fourth quarter valued at $1,762,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

Insider Activity at McDonald’s

In other McDonald’s news, 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 value of $321,457.50. Following the completion of the sale, the insider now owns 9,286 shares of the company’s stock, valued at $2,716,155. The trade was a 10.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Christopher J. Kempczinski sold 10,500 shares of the stock in a transaction dated 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 transaction, the chief executive officer now directly owns 32,756 shares in the company, valued at approximately $10,155,997.80. This represents a 24.27 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,906 shares of company stock valued at $5,406,382. 0.23% of the stock is owned by corporate insiders.

McDonald’s Stock Down 0.5 %

MCD stock opened at $308.59 on Friday. The company has a 50 day moving average of $291.98 and a two-hundred day moving average of $292.53. The company has a market cap of $221.14 billion, a price-to-earnings ratio of 27.09, a PEG ratio of 4.08 and a beta of 0.74. McDonald’s Co. has a 12-month low of $243.53 and a 12-month high of $317.90.

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

McDonald’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $1.77 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $7.08 annualized dividend and a dividend yield of 2.29%. McDonald’s’s dividend payout ratio is 62.16%.

Analyst Ratings Changes

MCD has been the topic of a number of research analyst reports. Loop Capital reaffirmed a “buy” rating and set a $342.00 target price on shares of McDonald’s in a report on Friday, January 3rd. Wells Fargo & Company boosted their target price on shares of McDonald’s from $285.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, October 21st. Wedbush increased their target price on shares of McDonald’s from $320.00 to $330.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. BMO Capital Markets lifted their price target on shares of McDonald’s from $335.00 to $340.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. Finally, Citigroup increased their price objective on McDonald’s from $336.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Ten equities research 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $323.61.

McDonald’s Company 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.