Generali Investments CEE investicni spolecnost a.s. Makes New $5.60 Million Investment in McDonald's Co. (NYSE:MCD)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of McDonald's Co. (NYSE:MCD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 19,300 shares of the fast-food giant's stock, valued at approximately $5,595,000.

Several other large investors also recently added to or reduced their stakes in MCD. Legacy Investment Solutions LLC bought a new stake in McDonald's during the third quarter worth approximately $25,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of McDonald's during the fourth quarter valued at approximately $27,000. Collier Financial purchased a new position in shares of McDonald's during the fourth quarter valued at approximately $29,000. RPg Family Wealth Advisory LLC purchased a new position in shares of McDonald's during the third quarter valued at approximately $31,000. Finally, Marshall Investment Management LLC purchased a new position in shares of McDonald's during the fourth quarter valued at approximately $37,000. 70.29% of the stock is owned by institutional investors.

McDonald's Stock Up 3.6 %

McDonald's stock opened at $321.52 on Friday. The business has a fifty day moving average of $295.69 and a two-hundred day moving average of $296.25. The firm has a market cap of $229.71 billion, a P/E ratio of 28.23, a P/E/G 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.

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

McDonald's Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Monday, March 3rd. McDonald's's payout ratio is presently 62.16%.

Insider Transactions at McDonald's

In other news, insider Joseph M. Erlinger sold 1,099 shares of the company's stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $291.10, for a total transaction of $319,918.90. Following the transaction, the insider now directly owns 8,187 shares of the company's stock, valued at approximately $2,383,235.70. This represents a 11.84 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $309.27, for a total value of $309,270.00. Following the transaction, the executive vice president now directly owns 5,564 shares in the company, valued at approximately $1,720,778.28. The trade was a 15.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,504 shares of company stock valued at $10,206,575. Corporate insiders own 0.23% of the company's stock.

Analyst Ratings Changes

MCD has been the subject of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on McDonald's from $280.00 to $300.00 and gave the company an "overweight" rating in a research report on Tuesday, February 11th. TD Securities restated a "hold" rating and set a $300.00 target price on shares of McDonald's in a research report on Monday, February 10th. Robert W. Baird boosted their target price on McDonald's from $305.00 to $310.00 and gave the company a "neutral" rating in a research report on Tuesday, February 11th. Barclays boosted their target price on McDonald's from $347.00 to $350.00 and gave the company an "overweight" rating in a research report on Monday, February 10th. Finally, BMO Capital Markets boosted 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 issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $323.61.

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.

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