Integral Investment Advisors Inc. Has $1.89 Million Stock Position in McDonald’s Co. (NYSE:MCD)

Integral Investment Advisors Inc. increased its stake in shares of McDonald’s Co. (NYSE:MCD) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,512 shares of the fast-food giant’s stock after purchasing an additional 164 shares during the period. Integral Investment Advisors Inc.’s holdings in McDonald’s were worth $1,888,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Wealthspire Advisors LLC grew its stake in shares of McDonald’s by 0.6% during the fourth quarter. Wealthspire Advisors LLC now owns 17,571 shares of the fast-food giant’s stock worth $5,094,000 after purchasing an additional 106 shares during the period. Marshall Investment Management LLC acquired a new stake in shares of McDonald’s during the fourth quarter worth $37,000. TCW Group Inc. grew its stake in shares of McDonald’s by 2.4% during the fourth quarter. TCW Group Inc. now owns 12,960 shares of the fast-food giant’s stock worth $3,757,000 after purchasing an additional 305 shares during the period. ST. Nicholas Private Asset Management Inc. acquired a new stake in shares of McDonald’s during the fourth quarter worth $4,868,000. Finally, Fisher Funds Management LTD acquired a new stake in shares of McDonald’s during the fourth quarter worth $1,882,000. 70.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at McDonald’s

In related news, EVP Marion K. Gross sold 1,499 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $290.95, for a total value of $436,134.05. Following the transaction, the executive vice president now owns 1,560 shares in the company, valued at approximately $453,882. This represents a 49.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Joseph M. Erlinger sold 1,099 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $291.10, for a total transaction of $319,918.90. Following the completion of the transaction, the insider now owns 8,187 shares in the company, valued at approximately $2,383,235.70. This trade represents a 11.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,205 shares of company stock worth $6,703,569 in the last ninety days. Insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MCD. TD Securities reissued a “hold” rating and issued a $300.00 target price on shares of McDonald’s in a research note on Monday, February 10th. BMO Capital Markets increased their target price on McDonald’s from $335.00 to $340.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. Piper Sandler cut their price target on shares of McDonald’s from $297.00 to $290.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Morgan Stanley upped their price target on shares of McDonald’s from $336.00 to $340.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Finally, KeyCorp boosted their price objective on shares of McDonald’s from $320.00 to $335.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. Ten research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $323.61.

McDonald’s Price Performance

Shares of NYSE:MCD opened at $304.76 on Friday. The stock has a market capitalization of $218.40 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 3.10 and a beta of 0.74. The company’s 50-day moving average price is $292.61 and its two-hundred day moving average price is $293.92. McDonald’s Co. has a one year low of $243.53 and a one year high of $317.90.

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

McDonald’s Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid 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 2.32%. 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.