McDonald’s Co. (NYSE:MCD) Shares Purchased by Onefund LLC

Onefund LLC raised its stake in shares of McDonald’s Co. (NYSE:MCD) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,925 shares of the fast-food giant’s stock after buying an additional 41 shares during the period. Onefund LLC’s holdings in McDonald’s were worth $558,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Metis Global Partners LLC increased its stake in McDonald’s by 4.6% during the 4th quarter. Metis Global Partners LLC now owns 48,708 shares of the fast-food giant’s stock valued at $14,120,000 after buying an additional 2,130 shares during the period. West Michigan Advisors LLC grew its stake in shares of McDonald’s by 4.0% in the 4th quarter. West Michigan Advisors LLC now owns 3,332 shares of the fast-food giant’s stock worth $966,000 after purchasing an additional 128 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of McDonald’s by 16.5% in the 4th quarter. Fisher Asset Management LLC now owns 297,971 shares of the fast-food giant’s stock worth $86,379,000 after purchasing an additional 42,223 shares during the last quarter. Wiser Advisor Group LLC grew its stake in shares of McDonald’s by 2.2% in the 4th quarter. Wiser Advisor Group LLC now owns 4,374 shares of the fast-food giant’s stock worth $1,268,000 after purchasing an additional 95 shares during the last quarter. Finally, SVB Wealth LLC acquired a new position in shares of McDonald’s in the 4th quarter worth approximately $12,254,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

Insider Activity

In other news, insider Joseph M. Erlinger sold 939 shares of McDonald’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $305.00, for a total value of $286,395.00. Following the transaction, the insider now owns 13,978 shares of the company’s stock, valued at $4,263,290. This trade represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the business’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $309.27, for a total transaction of $309,270.00. Following the transaction, the executive vice president now directly owns 5,564 shares in the company, valued at $1,720,778.28. This trade represents a 15.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,504 shares of company stock valued at $10,206,575 over the last 90 days. 0.23% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have commented on MCD. TD Securities reiterated a “hold” rating and issued a $300.00 target price on shares of McDonald’s in a report on Monday, February 10th. Morgan Stanley raised their target price 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. BMO Capital Markets raised their target price on shares of McDonald’s from $335.00 to $340.00 and gave the stock an “outperform” rating in a report on Tuesday, February 11th. Robert W. Baird raised their target price on shares of McDonald’s from $305.00 to $310.00 and gave the stock a “neutral” rating in a report on Tuesday, February 11th. Finally, Wedbush raised their target price on shares of McDonald’s from $320.00 to $330.00 and gave the stock an “outperform” rating in a 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 presently has an average rating of “Moderate Buy” and a consensus price target of $323.61.

McDonald’s Stock Performance

Shares of MCD opened at $308.17 on Friday. The firm has a market cap of $220.84 billion, a PE ratio of 27.06, a PEG ratio of 3.10 and a beta of 0.74. The firm’s 50 day moving average price is $294.06 and its 200 day moving average price is $295.09. McDonald’s Co. has a twelve month low of $243.53 and a twelve month high of $317.90.

McDonald’s (NYSE:MCD) last released its quarterly earnings results on Monday, February 10th. The fast-food giant reported $2.83 EPS for the quarter, meeting analysts’ consensus estimates of $2.83. McDonald’s had a net margin of 31.73% and a negative return on equity of 181.63%. On average, sell-side analysts anticipate that McDonald’s Co. will post 12.25 earnings per share for the current fiscal 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 given a $1.77 dividend. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.30%. The ex-dividend date is Monday, March 3rd. McDonald’s’s dividend payout ratio is 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.