Coldstream Capital Management Inc. Increases Holdings in McDonald's Co. (NYSE:MCD)

Coldstream Capital Management Inc. lifted its position in McDonald's Co. (NYSE:MCD - Free Report) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,269 shares of the fast-food giant's stock after purchasing an additional 974 shares during the quarter. Coldstream Capital Management Inc.'s holdings in McDonald's were worth $9,064,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Morse Asset Management Inc boosted its stake in shares of McDonald's by 12.8% during the 3rd quarter. Morse Asset Management Inc now owns 3,385 shares of the fast-food giant's stock worth $1,031,000 after acquiring an additional 385 shares in the last quarter. McIlrath & Eck LLC boosted its stake in shares of McDonald's by 11.6% in the third quarter. McIlrath & Eck LLC now owns 1,537 shares of the fast-food giant's stock valued at $468,000 after purchasing an additional 160 shares during the period. Virtu Financial LLC purchased a new position in shares of McDonald's in the 3rd quarter valued at about $1,647,000. Diamant Asset Management Inc. grew its stake in shares of McDonald's by 1.9% during the third quarter. Diamant Asset Management Inc. now owns 9,544 shares of the fast-food giant's stock worth $2,906,000 after purchasing an additional 180 shares in the last quarter. Finally, Tudor Financial Inc. acquired a new position in shares of McDonald's in the 3rd quarter valued at $394,000. Institutional investors own 70.29% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on MCD shares. TD Securities reiterated a "hold" rating and issued a $300.00 price objective on shares of McDonald's in a research report on Monday, February 10th. Erste Group Bank upgraded McDonald's from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Morgan Stanley decreased their target price on McDonald's from $340.00 to $335.00 and set an "overweight" rating for the company in a research report on Monday, March 17th. Piper Sandler decreased their price objective on shares of McDonald's from $297.00 to $290.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Finally, Wedbush upped their price target on shares of McDonald's from $320.00 to $330.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Ten 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. Based on data from MarketBeat.com, McDonald's has an average rating of "Moderate Buy" and a consensus target price of $322.74.

Insider Transactions at McDonald's

In other McDonald's news, insider Joseph M. Erlinger sold 939 shares of the company's stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of $318.50, for a total value of $299,071.50. Following the transaction, the insider now owns 12,100 shares of the company's stock, valued at $3,853,850. This represents a 7.20 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CMO Edith Morgan Flatley sold 3,200 shares of the company's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $300.76, for a total transaction of $962,432.00. Following the sale, the chief marketing officer now owns 9,858 shares in the company, valued at $2,964,892.08. The trade was a 24.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,136 shares of company stock valued at $8,676,247. 0.25% of the stock is currently owned by company insiders.

McDonald's Price Performance

McDonald's stock traded down $2.20 during mid-day trading on Tuesday, reaching $314.61. 3,033,820 shares of the company traded hands, compared to its average volume of 3,567,219. McDonald's Co. has a 52-week low of $243.53 and a 52-week high of $326.32. The firm's 50 day moving average price is $308.48 and its 200 day moving average price is $299.83. The firm has a market capitalization of $224.78 billion, a price-to-earnings ratio of 27.62, a P/E/G ratio of 3.10 and a beta of 0.62.

McDonald's (NYSE:MCD - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share for the quarter, meeting the consensus estimate of $2.83. McDonald's had a net margin of 31.73% and a negative return on equity of 181.63%. On average, sell-side analysts anticipate that McDonald's Co. will post 12.25 EPS for the current year.

McDonald's Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $1.77 dividend. This represents a $7.08 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend was Monday, March 3rd. McDonald's's payout ratio is currently 62.16%.

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.