Bryn Mawr Capital Management LLC Acquires 36,417 Shares of McDonald's Co. (NYSE:MCD)

Bryn Mawr Capital Management LLC boosted its holdings in McDonald's Co. (NYSE:MCD - Free Report) by 78.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,678 shares of the fast-food giant's stock after buying an additional 36,417 shares during the quarter. McDonald's makes up 0.9% of Bryn Mawr Capital Management LLC's holdings, making the stock its 25th biggest holding. Bryn Mawr Capital Management LLC's holdings in McDonald's were worth $23,968,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its stake in shares of McDonald's by 21.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 140,807 shares of the fast-food giant's stock valued at $42,877,000 after purchasing an additional 24,787 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in McDonald's in the third quarter valued at approximately $127,000. Calton & Associates Inc. acquired a new stake in McDonald's in the third quarter valued at approximately $200,000. Pictet North America Advisors SA grew its stake in McDonald's by 0.9% in the third quarter. Pictet North America Advisors SA now owns 48,121 shares of the fast-food giant's stock valued at $14,653,000 after acquiring an additional 435 shares during the period. Finally, Alexander Labrunerie & CO. Inc. acquired a new stake in McDonald's in the third quarter valued at approximately $315,000. 70.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Marion K. Gross sold 1,499 shares of the company's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $290.95, for a total value of $436,134.05. Following the completion of the transaction, the executive vice president now directly owns 1,560 shares in the company, valued at approximately $453,882. This represents a 49.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Joseph M. Erlinger sold 300 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $280.75, for a total value of $84,225.00. Following the completion of the transaction, the insider now owns 7,887 shares of the company's stock, 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. Insiders have sold 21,106 shares of company stock worth $6,368,814 in the last ninety days. 0.23% of the stock is currently owned by insiders.

McDonald's Stock Up 0.7 %

Shares of NYSE:MCD traded up $2.02 during midday trading on Friday, reaching $305.07. 1,588,381 shares of the company traded hands, compared to its average volume of 3,152,625. McDonald's Co. has a 12 month low of $243.53 and a 12 month high of $317.90. The firm has a market capitalization of $218.62 billion, a price-to-earnings ratio of 26.81, a price-to-earnings-growth ratio of 3.09 and a beta of 0.74. The firm's fifty day moving average price is $292.45 and its two-hundred day moving average price is $293.51.

McDonald's (NYSE:MCD - Get Free Report) last announced its earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share 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%. Analysts forecast that McDonald's Co. will post 12.25 earnings per share for the current year.

McDonald's Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid 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 2.32%. McDonald's's dividend payout ratio is currently 62.16%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Barclays raised their price objective on McDonald's from $347.00 to $350.00 and gave the company an "overweight" rating in a research note on Monday, February 10th. Loop Capital reissued a "buy" rating and issued a $342.00 price objective on shares of McDonald's in a research note on Friday, January 3rd. Robert W. Baird raised their price objective on McDonald's from $305.00 to $310.00 and gave the company a "neutral" rating in a research note on Tuesday, February 11th. Citigroup lifted their target price on McDonald's from $336.00 to $360.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Finally, 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 research report on Tuesday, February 11th. Ten research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $323.61.

About McDonald's

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.