F M Investments LLC Buys 2,244 Shares of McDonald's Co. (NYSE:MCD)

F M Investments LLC raised its position in McDonald's Co. (NYSE:MCD - Free Report) by 39.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,928 shares of the fast-food giant's stock after purchasing an additional 2,244 shares during the quarter. F M Investments LLC's holdings in McDonald's were worth $2,298,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MCD. Morse Asset Management Inc lifted its position 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 buying an additional 385 shares during the last quarter. McIlrath & Eck LLC increased 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 buying an additional 160 shares during the period. Virtu Financial LLC acquired a new position in shares of McDonald's in the 3rd quarter worth approximately $1,647,000. Diamant Asset Management Inc. raised its position in shares of McDonald's by 1.9% in the 3rd quarter. Diamant Asset Management Inc. now owns 9,544 shares of the fast-food giant's stock worth $2,906,000 after acquiring an additional 180 shares in the last quarter. Finally, Tudor Financial Inc. bought a new stake in shares of McDonald's in the 3rd quarter valued at $394,000. 70.29% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other 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 value of $3,255,525.00. Following the completion of the sale, the chief executive officer now owns 32,756 shares of the company's stock, valued at approximately $10,155,997.80. The trade was a 24.27 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joseph M. Erlinger sold 300 shares of McDonald's stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $280.75, for a total value of $84,225.00. Following the completion of the transaction, the insider now owns 7,887 shares of the company's stock, valued at approximately $2,214,275.25. The trade was a 3.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 27,497 shares of company stock worth $8,461,400 over the last ninety days. 0.23% of the stock is owned by company insiders.

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McDonald's Trading Up 2.0 %

Shares of MCD stock traded up $6.22 during mid-day trading on Monday, reaching $316.12. The stock had a trading volume of 4,068,086 shares, compared to its average volume of 3,589,175. The business has a 50-day simple moving average of $306.10 and a 200 day simple moving average of $299.00. McDonald's Co. has a 12-month low of $243.53 and a 12-month high of $326.32. The company has a market cap of $225.86 billion, a P/E ratio of 27.75, a price-to-earnings-growth ratio of 3.10 and a beta of 0.62.

McDonald's (NYSE:MCD - Get Free Report) last announced its quarterly earnings data 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%. Research analysts anticipate that McDonald's Co. will post 12.25 EPS for the current year.

McDonald's Announces Dividend

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

Analyst Ratings Changes

A number of analysts have commented on MCD shares. TD Securities reissued a "hold" rating and set a $300.00 price objective on shares of McDonald's in a report on Monday, February 10th. JPMorgan Chase & Co. lifted their target price on shares of McDonald's from $280.00 to $300.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 11th. Piper Sandler reduced their price target on McDonald's from $297.00 to $290.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Robert W. Baird reduced their price objective on shares of McDonald's from $310.00 to $300.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. Finally, BMO Capital Markets upped their target price on shares of McDonald's from $335.00 to $340.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Nine investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $322.87.

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.