Hudson Value Partners LLC Increases Stock Holdings in McDonald's Co. (NYSE:MCD)

Hudson Value Partners LLC boosted its holdings in McDonald's Co. (NYSE:MCD - Free Report) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,954 shares of the fast-food giant's stock after acquiring an additional 1,102 shares during the quarter. McDonald's accounts for about 1.6% of Hudson Value Partners LLC's investment portfolio, making the stock its 22nd largest position. Hudson Value Partners LLC's holdings in McDonald's were worth $4,335,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Legacy Investment Solutions LLC bought a new position in shares of McDonald's during the third quarter valued at about $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 McDonald's during the 4th quarter valued at $29,000. RPg Family Wealth Advisory LLC bought a new stake in shares of McDonald's during the 3rd quarter valued at about $31,000. Finally, Hara Capital LLC purchased a new position in shares of McDonald's during the third quarter valued at about $44,000. 70.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MCD has been the topic of a number of research analyst reports. Truist Financial reduced their target price on McDonald's from $342.00 to $340.00 and set a "buy" rating on the stock in a report on Tuesday, February 11th. TD Cowen reiterated a "hold" rating and issued a $300.00 price objective on shares of McDonald's in a report on Tuesday, October 29th. KeyCorp boosted their target price on shares of McDonald's from $320.00 to $335.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Barclays raised their price objective 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, JPMorgan Chase & Co. upped 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. Ten research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $323.61.

McDonald's Stock Performance

Shares of McDonald's stock traded up $1.71 on Friday, hitting $304.76. 1,958,465 shares of the company's stock were exchanged, compared to its average volume of 3,157,218. The stock has a market capitalization of $218.40 billion, a PE ratio of 26.76, a PEG ratio of 3.09 and a beta of 0.74. McDonald's Co. has a 1 year low of $243.53 and a 1 year high of $317.90. The company has a 50-day simple moving average of $292.45 and a 200-day simple moving average of $293.51.

McDonald's (NYSE:MCD - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.83. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. On average, analysts expect that McDonald's Co. will post 12.25 EPS for the current fiscal year.

McDonald's Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a $1.77 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.32%. McDonald's's payout ratio is currently 62.16%.

Insider Activity

In other McDonald's news, insider Joseph M. Erlinger sold 300 shares of the stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $280.75, for a total value of $84,225.00. Following the completion of the sale, the insider now owns 7,887 shares in the company, valued at approximately $2,214,275.25. This represents a 3.66 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Desiree Ralls-Morrison sold 3,409 shares of the business's stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $290.15, for a total value of $989,121.35. Following the completion of the transaction, the executive vice president now owns 9,675 shares in the company, valued at $2,807,201.25. The trade was a 26.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,106 shares of company stock worth $6,368,814 in the last three months. Company insiders own 0.23% of the company's stock.

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.