Crux Wealth Advisors Takes Position in McDonald's Co. (NYSE:MCD)

Crux Wealth Advisors acquired a new stake in McDonald's Co. (NYSE:MCD - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,690 shares of the fast-food giant's stock, valued at approximately $490,000.

A number of other institutional investors have also modified their holdings of MCD. Mattern Capital Management LLC boosted its holdings in McDonald's by 2.0% in the 4th quarter. Mattern Capital Management LLC now owns 30,110 shares of the fast-food giant's stock worth $8,729,000 after acquiring an additional 579 shares during the period. Bell Bank boosted its stake in shares of McDonald's by 3.0% in the fourth quarter. Bell Bank now owns 12,699 shares of the fast-food giant's stock valued at $3,681,000 after purchasing an additional 371 shares during the period. YANKCOM Partnership purchased a new position in shares of McDonald's in the fourth quarter valued at $1,628,000. Integral Investment Advisors Inc. grew its holdings in McDonald's by 2.6% during the 4th quarter. Integral Investment Advisors Inc. now owns 6,512 shares of the fast-food giant's stock valued at $1,888,000 after purchasing an additional 164 shares in the last quarter. Finally, PFW Advisors LLC purchased a new stake in McDonald's during the 4th quarter worth $2,471,000. Hedge funds and other institutional investors own 70.29% of the company's stock.

Insider Buying and Selling

In related news, CEO Christopher J. Kempczinski sold 10,500 shares of the stock in a transaction on Tuesday, February 11th. The stock was 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 $10,155,997.80. This trade represents a 24.27 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Joseph M. Erlinger sold 300 shares of McDonald's stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $280.75, for a total transaction of $84,225.00. Following the transaction, the insider now owns 7,887 shares of the company's stock, valued at $2,214,275.25. This represents a 3.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,497 shares of company stock valued at $8,461,400 in the last three months. Insiders own 0.23% of the company's stock.

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McDonald's Trading Up 2.0 %

MCD stock traded up $6.22 during mid-day trading on Monday, hitting $316.12. The stock had a trading volume of 4,068,086 shares, compared to its average volume of 3,589,175. The firm has a fifty day simple moving average of $306.10 and a 200 day simple moving average of $299.00. The firm has a market capitalization of $225.86 billion, a P/E ratio of 27.75, a P/E/G ratio of 3.10 and a beta of 0.62. McDonald's Co. has a 52 week low of $243.53 and a 52 week high of $326.32.

McDonald's (NYSE:MCD - Get Free Report) last released its earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $2.83. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. As a group, equities analysts expect that McDonald's Co. will post 12.25 earnings per share for the current fiscal year.

McDonald's Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a $1.77 dividend. The ex-dividend date was Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a yield of 2.24%. McDonald's's payout ratio is 62.16%.

Wall Street Analysts Forecast Growth

MCD has been the subject of a number of recent analyst reports. Piper Sandler lowered their price objective on McDonald's from $297.00 to $290.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. TD Securities reissued a "hold" rating and set a $300.00 price target on shares of McDonald's in a research report on Monday, February 10th. Robert W. Baird dropped their price target on shares of McDonald's from $310.00 to $300.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Loop Capital reiterated a "buy" rating and set a $342.00 price objective on shares of McDonald's in a research note on Friday, January 3rd. Finally, Morgan Stanley dropped their target price on shares of McDonald's from $340.00 to $335.00 and set an "overweight" rating for the company in a research report on Monday, March 17th. Nine analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, McDonald's has an average rating of "Moderate Buy" and an average price target of $322.87.

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.