Banco Bilbao Vizcaya Argentaria S.A. Grows Position in McDonald's Co. (NYSE:MCD)

Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of McDonald's Co. (NYSE:MCD - Free Report) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,691 shares of the fast-food giant's stock after purchasing an additional 1,179 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in McDonald's were worth $24,055,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Atala Financial Inc purchased a new stake in shares of McDonald's during the 4th quarter worth about $26,000. Comprehensive Financial Planning Inc. PA purchased a new position in McDonald's during the fourth quarter worth approximately $27,000. Collier Financial acquired a new stake in McDonald's in the fourth quarter valued at approximately $29,000. Fairway Wealth LLC increased its position in shares of McDonald's by 110.0% in the fourth quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant's stock valued at $30,000 after buying an additional 55 shares in the last quarter. Finally, GKV Capital Management Co. Inc. acquired a new position in shares of McDonald's during the 4th quarter worth approximately $30,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at McDonald's

In other McDonald's news, CEO Christopher J. Kempczinski sold 10,500 shares of McDonald's stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 32,756 shares of the company's stock, valued at $10,155,997.80. The trade was a 24.27 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Joseph M. Erlinger sold 939 shares of the business's stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $318.50, for a total transaction of $299,071.50. Following the sale, the insider now owns 12,100 shares in the company, valued at $3,853,850. This trade represents a 7.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,136 shares of company stock worth $8,676,247. Insiders own 0.23% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on MCD shares. Morgan Stanley dropped their price target on shares of McDonald's from $340.00 to $335.00 and set an "overweight" rating on the stock in a research note on Monday, March 17th. Wedbush boosted their target price on shares of McDonald's from $320.00 to $330.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 11th. Barclays decreased their price target on shares of McDonald's from $350.00 to $347.00 and set an "overweight" rating on the stock in a research note on Tuesday. Robert W. Baird cut their price objective on McDonald's from $310.00 to $300.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Finally, Bank of America raised their target price on McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a research report on Tuesday, February 11th. Nine equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, McDonald's has a consensus rating of "Moderate Buy" and a consensus price target of $322.74.

McDonald's Stock Down 0.2 %

MCD stock opened at $318.58 on Thursday. McDonald's Co. has a 52-week low of $243.53 and a 52-week high of $326.32. The stock has a market cap of $227.61 billion, a price-to-earnings ratio of 27.97, a price-to-earnings-growth ratio of 3.10 and a beta of 0.62. The business has a fifty day moving average of $307.79 and a two-hundred day moving average of $299.60.

McDonald's (NYSE:MCD - Get Free Report) last issued its quarterly earnings data 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%. As a group, sell-side analysts anticipate that McDonald's Co. will post 12.25 EPS for the current 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 given a dividend of $1.77 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.22%. McDonald's's payout ratio is currently 62.16%.

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.

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