Lifeworks Advisors LLC Makes New Investment in McDonald's Co. (NYSE:MCD)

Lifeworks Advisors LLC bought a new position in McDonald's Co. (NYSE:MCD - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 1,795 shares of the fast-food giant's stock, valued at approximately $520,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MCD. Raymond James Financial Inc. purchased a new position in McDonald's in the fourth quarter worth $703,074,000. Caisse DE Depot ET Placement DU Quebec grew its position in McDonald's by 542.9% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 801,858 shares of the fast-food giant's stock worth $244,174,000 after acquiring an additional 677,139 shares in the last quarter. Proficio Capital Partners LLC grew its position in McDonald's by 43,591.6% in the fourth quarter. Proficio Capital Partners LLC now owns 590,711 shares of the fast-food giant's stock worth $171,241,000 after acquiring an additional 589,359 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in McDonald's in the third quarter worth $121,254,000. Finally, Commerzbank Aktiengesellschaft FI grew its position in McDonald's by 518.1% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 348,119 shares of the fast-food giant's stock worth $100,916,000 after acquiring an additional 291,802 shares in the last quarter. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at McDonald's

In related news, CEO Christopher J. Kempczinski sold 10,500 shares of the business's stock in a transaction dated Tuesday, February 11th. The shares were 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 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the business's stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $309.27, for a total transaction of $309,270.00. Following the sale, the executive vice president now directly owns 5,564 shares in the company, valued at $1,720,778.28. The trade was a 15.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,504 shares of company stock valued at $10,206,575 in the last three months. 0.23% of the stock is currently owned by company insiders.

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McDonald's Trading Up 3.6 %

McDonald's stock traded up $11.15 during trading hours on Friday, hitting $321.52. 7,606,559 shares of the stock traded hands, compared to its average volume of 3,341,679. McDonald's Co. has a one year low of $243.53 and a one year high of $323.17. The firm's 50-day moving average price is $295.69 and its two-hundred day moving average price is $296.37. The company has a market cap of $229.71 billion, a PE ratio of 28.23, a PEG ratio of 3.10 and a beta of 0.71.

McDonald's (NYSE:MCD - Get Free Report) last released its 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 negative return on equity of 181.63% and a net margin of 31.73%. On average, sell-side analysts expect that McDonald's Co. will post 12.25 earnings per share for the current fiscal year.

McDonald's Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Barclays upped their target price on shares of McDonald's from $347.00 to $350.00 and gave the stock an "overweight" rating in a research report on Monday, February 10th. KeyCorp upped their price target on shares of McDonald's from $320.00 to $335.00 and gave the company an "overweight" rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. upped their price target on shares of 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 price target on shares of McDonald's in a research report on Monday, February 10th. Finally, Robert W. Baird upped their price target on shares of McDonald's from $305.00 to $310.00 and gave the company a "neutral" rating in a research report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. According to data from MarketBeat, McDonald's currently has a consensus rating of "Moderate Buy" and an average price target 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.