McDonald's Co. (NYSE:MCD) Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG trimmed its stake in McDonald's Co. (NYSE:MCD - Free Report) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 391,177 shares of the fast-food giant's stock after selling 7,017 shares during the quarter. McDonald's accounts for 1.2% of B. Metzler seel. Sohn & Co. AG's portfolio, making the stock its 20th biggest holding. B. Metzler seel. Sohn & Co. AG owned about 0.05% of McDonald's worth $113,333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of MCD. Legacy Investment Solutions LLC bought a new stake in shares of McDonald's in the 3rd quarter worth $25,000. Atala Financial Inc purchased a new stake in shares of McDonald's during the fourth quarter valued at $26,000. Comprehensive Financial Planning Inc. PA bought a new stake in McDonald's in the 4th quarter worth about $27,000. Collier Financial purchased a new position in McDonald's in the 4th quarter worth about $29,000. Finally, Fairway Wealth LLC lifted its stake in McDonald's by 110.0% during the 4th quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant's stock valued at $30,000 after acquiring an additional 55 shares during the period. 70.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on MCD shares. Erste Group Bank upgraded shares of McDonald's from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 17th. Citigroup raised their target price on McDonald's from $336.00 to $360.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Piper Sandler cut their price target 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 reiterated a "hold" rating and issued a $300.00 price objective on shares of McDonald's in a research note on Monday, February 10th. Finally, Barclays boosted their target price on shares of McDonald's from $347.00 to $350.00 and gave the company an "overweight" rating in a research report on Monday, February 10th. Nine research 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's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $323.61.

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McDonald's Trading Up 0.4 %

Shares of NYSE MCD traded up $1.20 during trading hours on Tuesday, reaching $313.57. The stock had a trading volume of 2,411,214 shares, compared to its average volume of 3,503,734. The business's fifty day moving average price is $302.16 and its two-hundred day moving average price is $298.35. The firm has a market cap of $224.03 billion, a price-to-earnings ratio of 27.53, a P/E/G ratio of 3.10 and a beta of 0.71. 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 posted its quarterly earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $2.83. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. Equities research analysts anticipate that McDonald's Co. will post 12.25 earnings per share for the current fiscal year.

McDonald's Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $1.77 dividend. This represents a $7.08 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date was Monday, March 3rd. McDonald's's dividend payout ratio (DPR) is 62.16%.

Insider Buying and Selling at McDonald's

In other news, insider Joseph M. Erlinger sold 300 shares of the company'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 transaction, the insider now directly owns 7,887 shares of the company's stock, valued at approximately $2,214,275.25. This represents a 3.66 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Marion K. Gross sold 1,499 shares of the business's stock in a transaction on Thursday, January 2nd. The stock was 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 trade represents a 49.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,996 shares of company stock valued at $8,897,534. 0.23% of the stock is currently owned by corporate insiders.

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.