Jump Financial LLC Purchases 2,705 Shares of McDonald's Co. (NYSE:MCD)

Jump Financial LLC lifted its holdings in McDonald's Co. (NYSE:MCD - Free Report) by 313.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,567 shares of the fast-food giant's stock after acquiring an additional 2,705 shares during the period. Jump Financial LLC's holdings in McDonald's were worth $1,034,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of MCD. Anchor Investment Management LLC lifted its position in shares of McDonald's by 5.2% during the 4th quarter. Anchor Investment Management LLC now owns 14,818 shares of the fast-food giant's stock valued at $4,296,000 after acquiring an additional 735 shares during the period. Lafayette Investments Inc. grew its stake in McDonald's by 7.4% during the fourth quarter. Lafayette Investments Inc. now owns 6,697 shares of the fast-food giant's stock worth $1,942,000 after buying an additional 463 shares in the last quarter. AGP Franklin LLC bought a new position in McDonald's in the 4th quarter valued at about $2,889,000. Guggenheim Capital LLC raised its position in shares of McDonald's by 4.4% in the 4th quarter. Guggenheim Capital LLC now owns 167,154 shares of the fast-food giant's stock valued at $48,456,000 after buying an additional 7,016 shares in the last quarter. Finally, Rossby Financial LCC acquired a new stake in shares of McDonald's during the 4th quarter worth approximately $553,000. Institutional investors and hedge funds own 70.29% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on MCD shares. JPMorgan Chase & Co. lifted their price target on McDonald's from $280.00 to $300.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Bank of America boosted their target price on McDonald's from $312.00 to $316.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 11th. KeyCorp lifted their price target on shares of McDonald's from $335.00 to $340.00 and gave the company an "overweight" rating in a report on Thursday, March 27th. Citigroup dropped their price objective on shares of McDonald's from $360.00 to $353.00 and set a "buy" rating for the company in a research note on Thursday, April 3rd. Finally, Morgan Stanley lowered their price target on shares of McDonald's from $340.00 to $335.00 and set an "overweight" rating for the company in a report on Monday, March 17th. Nine research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $322.74.

Insider Transactions at McDonald's

In other news, CEO Christopher J. Kempczinski sold 10,500 shares of the stock in a transaction dated 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 transaction, the chief executive officer now directly owns 32,756 shares in the company, valued at approximately $10,155,997.80. This represents a 24.27 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $309.27, for a total transaction of $309,270.00. Following the completion of the sale, the executive vice president now directly owns 5,564 shares of the company's stock, valued at $1,720,778.28. This trade represents a 15.23 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 28,136 shares of company stock valued at $8,676,247. 0.23% of the stock is currently owned by corporate insiders.

McDonald's Trading Down 0.7 %

Shares of MCD stock traded down $2.17 on Thursday, hitting $316.31. 735,560 shares of the stock were exchanged, compared to its average volume of 3,576,412. The firm has a market capitalization of $225.99 billion, a PE ratio of 27.75, a P/E/G ratio of 3.10 and a beta of 0.62. McDonald's Co. has a one year low of $243.53 and a one year high of $326.32. The firm's 50 day moving average is $307.79 and its two-hundred day moving average is $299.60.

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

McDonald's Announces Dividend

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

McDonald's 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.