Banco Santander S.A. Has $10.39 Million Stock Holdings in McDonald's Co. (NYSE:MCD)

Banco Santander S.A. lifted its position in shares of McDonald's Co. (NYSE:MCD - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,824 shares of the fast-food giant's stock after buying an additional 1,419 shares during the quarter. Banco Santander S.A.'s holdings in McDonald's were worth $10,385,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. GDS Wealth Management grew its stake in shares of McDonald's by 1.4% in the third quarter. GDS Wealth Management now owns 2,504 shares of the fast-food giant's stock worth $762,000 after acquiring an additional 35 shares during the last quarter. Boltwood Capital Management grew its stake in shares of McDonald's by 1.9% in the fourth quarter. Boltwood Capital Management now owns 1,882 shares of the fast-food giant's stock worth $546,000 after acquiring an additional 35 shares during the last quarter. Modus Advisors LLC boosted its stake in McDonald's by 0.4% during the fourth quarter. Modus Advisors LLC now owns 9,396 shares of the fast-food giant's stock worth $2,724,000 after buying an additional 36 shares in the last quarter. Independent Wealth Network Inc. boosted its stake in McDonald's by 5.1% during the fourth quarter. Independent Wealth Network Inc. now owns 736 shares of the fast-food giant's stock worth $213,000 after buying an additional 36 shares in the last quarter. Finally, Blue Barn Wealth LLC boosted its stake in McDonald's by 4.3% during the fourth quarter. Blue Barn Wealth LLC now owns 871 shares of the fast-food giant's stock worth $252,000 after buying an additional 36 shares in the last quarter. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

A number of research firms have weighed in on MCD. Loop Capital reiterated a "buy" rating and set a $342.00 price target on shares of McDonald's in a research note on Friday, January 3rd. Truist Financial decreased their price target on shares of McDonald's from $342.00 to $340.00 and set a "buy" rating on the stock in a research note on Tuesday, February 11th. Morgan Stanley lifted their price target on shares of McDonald's from $336.00 to $340.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 11th. Wedbush lifted their price objective on McDonald's from $320.00 to $330.00 and gave the company an "outperform" rating in a report on Tuesday, February 11th. Finally, Citigroup lifted their price objective on McDonald's from $336.00 to $360.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $323.61.

Insider Buying and Selling

In other news, insider Joseph M. Erlinger sold 300 shares of the business's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $280.75, for a total transaction of $84,225.00. Following the completion of the transaction, the insider now directly owns 7,887 shares in the company, valued at approximately $2,214,275.25. The trade was a 3.66 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Christopher J. Kempczinski sold 10,500 shares of the business'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 transaction, the chief executive officer now owns 32,756 shares of the company's stock, valued at $10,155,997.80. The trade was a 24.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,504 shares of company stock worth $10,206,575 over the last three months. 0.23% of the stock is currently owned by company insiders.

McDonald's Stock Up 3.6 %

MCD stock traded up $11.15 during midday trading on Friday, reaching $321.52. The stock had a trading volume of 7,606,559 shares, compared to its average volume of 3,341,679. The business has a fifty day simple moving average of $295.69 and a two-hundred day simple moving average of $296.32. The firm has a market cap of $229.71 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 3.10 and a beta of 0.71. McDonald's Co. has a twelve month low of $243.53 and a twelve month high of $323.17.

McDonald's (NYSE:MCD - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The fast-food giant reported $2.83 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%. On average, equities analysts predict that McDonald's Co. will post 12.25 earnings per share for the current fiscal year.

McDonald's Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $1.77 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a yield of 2.20%. McDonald's's 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.