McDonald's Co. (NYSE:MCD) Shares Bought by Blueprint Investment Partners LLC

Blueprint Investment Partners LLC grew its position in McDonald's Co. (NYSE:MCD - Free Report) by 124.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,552 shares of the fast-food giant's stock after acquiring an additional 2,527 shares during the quarter. Blueprint Investment Partners LLC's holdings in McDonald's were worth $1,319,000 at the end of the most recent reporting period.

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

McDonald's Stock Up 0.4 %

Shares of MCD traded up $1.34 on Tuesday, hitting $307.01. 2,637,153 shares of the stock traded hands, compared to its average volume of 3,336,565. McDonald's Co. has a 1 year low of $243.53 and a 1 year high of $326.32. The stock's 50 day moving average is $299.21 and its two-hundred day moving average is $297.65. The firm has a market capitalization of $219.35 billion, a P/E ratio of 26.95, a P/E/G ratio of 3.10 and a beta of 0.71.

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McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.83. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. Research analysts forecast 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. Stockholders of record on Monday, March 3rd were paid a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date was Monday, March 3rd. McDonald's's dividend payout ratio is currently 62.16%.

Insider Transactions at McDonald's

In related news, insider Joseph M. Erlinger sold 300 shares of the stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $280.75, for a total value 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 trade represents a 3.66 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Christopher J. Kempczinski sold 10,500 shares of the business's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total value of $3,255,525.00. Following the sale, the chief executive officer now directly owns 32,756 shares of the company's stock, valued at approximately $10,155,997.80. This trade represents a 24.27 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,405 shares of company stock worth $9,886,656 in the last three months. Company insiders own 0.23% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on MCD shares. 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 dropped their target price on McDonald's from $342.00 to $340.00 and set a "buy" rating on the stock in a research report on Tuesday, February 11th. Citigroup raised their price target on McDonald's from $336.00 to $360.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. Morgan Stanley dropped their price objective on McDonald's from $340.00 to $335.00 and set an "overweight" rating on the stock in a report on Monday, March 17th. Finally, Erste Group Bank raised McDonald's from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Nine analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price 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.