2,725 Shares in McDonald's Co. (NYSE:MCD) Acquired by Wayfinding Financial LLC

Wayfinding Financial LLC purchased a new stake in McDonald's Co. (NYSE:MCD - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 2,725 shares of the fast-food giant's stock, valued at approximately $790,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MCD. Geode Capital Management LLC grew its holdings in shares of McDonald's by 1.4% in the third quarter. Geode Capital Management LLC now owns 15,916,980 shares of the fast-food giant's stock valued at $4,833,510,000 after purchasing an additional 220,365 shares during the period. Wellington Management Group LLP raised its holdings in shares of McDonald's by 0.9% in the 3rd quarter. Wellington Management Group LLP now owns 15,082,894 shares of the fast-food giant's stock valued at $4,592,892,000 after buying an additional 128,800 shares during the period. Bank of New York Mellon Corp lifted its stake in McDonald's by 0.9% during the 4th quarter. Bank of New York Mellon Corp now owns 5,803,833 shares of the fast-food giant's stock worth $1,682,473,000 after acquiring an additional 52,195 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in McDonald's by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,694,202 shares of the fast-food giant's stock valued at $1,650,692,000 after acquiring an additional 129,843 shares during the period. Finally, Janus Henderson Group PLC grew its position in McDonald's by 0.7% in the 3rd quarter. Janus Henderson Group PLC now owns 2,765,049 shares of the fast-food giant's stock valued at $841,966,000 after acquiring an additional 19,867 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company's stock.

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McDonald's Stock Performance

NYSE MCD traded up $1.34 on Tuesday, reaching $307.01. The stock had a trading volume of 2,657,031 shares, compared to its average volume of 3,337,975. The stock has a market cap of $219.35 billion, a P/E ratio of 26.95, a price-to-earnings-growth ratio of 3.10 and a beta of 0.71. McDonald's Co. has a 12-month low of $243.53 and a 12-month high of $326.32. The business's 50-day moving average price is $299.72 and its 200 day moving average price is $297.78.

McDonald's (NYSE:MCD - Get Free Report) last announced its 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 predict that McDonald's Co. will post 12.25 earnings per share for the current year.

McDonald's Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $1.77 per share. The ex-dividend date was Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a yield of 2.31%. McDonald's's payout ratio is 62.16%.

Insider Buying and Selling at McDonald's

In other McDonald's news, EVP Tiffanie L. Boyd sold 1,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $309.27, for a total value of $309,270.00. Following the completion of the transaction, the executive vice president now owns 5,564 shares in the company, valued at approximately $1,720,778.28. This represents a 15.23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Joseph M. Erlinger sold 300 shares of the business's stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $280.75, for a total transaction of $84,225.00. Following the sale, the insider now owns 7,887 shares in the company, valued at $2,214,275.25. The trade was a 3.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 32,405 shares of company stock worth $9,886,656. 0.23% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on MCD shares. Erste Group Bank raised shares of McDonald's from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th. Bank of America raised their price target on shares of McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a research report on Tuesday, February 11th. Robert W. Baird upped their price objective on McDonald's from $305.00 to $310.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 11th. BMO Capital Markets lifted their target price on McDonald's from $335.00 to $340.00 and gave the company an "outperform" rating in a report on Tuesday, February 11th. Finally, Wedbush upped their price target on McDonald's from $320.00 to $330.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. Nine analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, McDonald's currently has a consensus rating of "Moderate Buy" and an average price target of $323.39.

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.