Dimensional Fund Advisors LP Purchases 1,491 Shares of McDonald's Co. (NYSE:MCD)

Dimensional Fund Advisors LP grew its position in McDonald's Co. (NYSE:MCD - Free Report) by 0.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,761,396 shares of the fast-food giant's stock after buying an additional 1,491 shares during the quarter. Dimensional Fund Advisors LP owned 0.25% of McDonald's worth $510,613,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Mattern Capital Management LLC boosted its stake in shares of McDonald's by 2.0% in the 4th quarter. Mattern Capital Management LLC now owns 30,110 shares of the fast-food giant's stock valued at $8,729,000 after purchasing an additional 579 shares in the last quarter. Bell Bank grew its stake in shares of McDonald's by 3.0% during the fourth quarter. Bell Bank now owns 12,699 shares of the fast-food giant's stock worth $3,681,000 after buying an additional 371 shares during the last quarter. YANKCOM Partnership acquired a new position in shares of McDonald's during the fourth quarter worth $1,628,000. Integral Investment Advisors Inc. lifted its stake in shares of McDonald's by 2.6% in the 4th quarter. Integral Investment Advisors Inc. now owns 6,512 shares of the fast-food giant's stock valued at $1,888,000 after acquiring an additional 164 shares during the last quarter. Finally, PFW Advisors LLC acquired a new stake in shares of McDonald's during the 4th quarter valued at $2,471,000. Institutional investors own 70.29% of the company's stock.

McDonald's Stock Down 0.9 %

NYSE:MCD traded down $2.94 on Thursday, reaching $315.54. 880,200 shares of the company's stock traded hands, compared to its average volume of 3,576,962. The firm has a market cap of $225.44 billion, a PE ratio of 27.73, a P/E/G ratio of 3.10 and a beta of 0.62. The stock has a 50-day simple moving average of $307.79 and a 200-day simple moving average of $299.60. McDonald's Co. has a 12 month low of $243.53 and a 12 month high of $326.32.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings results 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 anticipate that McDonald's Co. will post 12.25 earnings per share for the current year.

McDonald's Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a dividend of $1.77 per share. This represents a $7.08 annualized dividend and a yield of 2.24%. The ex-dividend date was Monday, March 3rd. McDonald's's dividend payout ratio is presently 62.16%.

Insiders Place Their Bets

In other McDonald's news, CEO Christopher J. Kempczinski sold 10,500 shares of the business's stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $310.05, for a total transaction 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 $10,155,997.80. The trade was a 24.27 % decrease in their ownership of the stock. The sale 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 firm's stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of $318.50, for a total value of $299,071.50. Following the completion of the sale, the insider now directly owns 12,100 shares of the company's stock, valued at $3,853,850. The trade was a 7.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 28,136 shares of company stock valued at $8,676,247 in the last quarter. 0.23% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MCD. JPMorgan Chase & Co. boosted their target price on shares of McDonald's from $280.00 to $300.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. TD Securities restated a "hold" rating and issued a $300.00 price objective on shares of McDonald's in a report on Monday, February 10th. Robert W. Baird reduced their price target on McDonald's from $310.00 to $300.00 and set a "neutral" rating on the stock in a research report on Monday, April 7th. Loop Capital restated a "buy" rating and set a $342.00 price objective on shares of McDonald's in a research report on Friday, January 3rd. Finally, Morgan Stanley reduced their target price on McDonald's from $340.00 to $335.00 and set an "overweight" rating on the stock in a report on Monday, March 17th. Nine investment 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 presently has an average rating of "Moderate Buy" and a consensus target price of $322.74.

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.