Capital International Inc. CA Has $11.67 Million Stock Position in McDonald's Co. (NYSE:MCD)

Capital International Inc. CA decreased its stake in shares of McDonald's Co. (NYSE:MCD - Free Report) by 17.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,255 shares of the fast-food giant's stock after selling 8,511 shares during the period. Capital International Inc. CA's holdings in McDonald's were worth $11,670,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in MCD. Capital Research Global Investors boosted its position in McDonald's by 5.2% during the 4th quarter. Capital Research Global Investors now owns 10,652,445 shares of the fast-food giant's stock valued at $3,088,037,000 after purchasing an additional 531,070 shares during the period. Elevatus Welath Management boosted its holdings in shares of McDonald's by 5.3% during the fourth quarter. Elevatus Welath Management now owns 769 shares of the fast-food giant's stock valued at $223,000 after acquiring an additional 39 shares during the period. First Trust Advisors LP grew its position in shares of McDonald's by 29.1% during the fourth quarter. First Trust Advisors LP now owns 250,700 shares of the fast-food giant's stock worth $72,675,000 after acquiring an additional 56,575 shares during the last quarter. Freedom Investment Management Inc. lifted its position in McDonald's by 4.1% in the 4th quarter. Freedom Investment Management Inc. now owns 3,560 shares of the fast-food giant's stock valued at $1,032,000 after purchasing an additional 140 shares during the last quarter. Finally, Forum Financial Management LP grew its position in McDonald's by 3.7% in the 4th quarter. Forum Financial Management LP now owns 9,894 shares of the fast-food giant's stock worth $2,868,000 after purchasing an additional 351 shares during the last quarter. Institutional investors own 70.29% of the company's stock.

Insiders Place Their Bets

In other McDonald's news, EVP Tiffanie L. Boyd sold 1,000 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president now 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Joseph M. Erlinger sold 300 shares of the firm's stock in a transaction on Thursday, January 23rd. The stock was sold at an average price of $280.75, for a total transaction 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. The trade was a 3.66 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 27,497 shares of company stock valued at $8,461,400 over the last 90 days. 0.23% of the stock is currently owned by company insiders.

McDonald's Stock Down 0.2 %

Shares of NYSE:MCD traded down $0.50 during trading on Wednesday, reaching $318.58. 3,199,148 shares of the company traded hands, compared to its average volume of 3,586,255. The firm has a fifty day simple moving average of $307.59 and a 200 day simple moving average of $299.47. McDonald's Co. has a 1-year low of $243.53 and a 1-year high of $326.32. The firm has a market cap of $227.61 billion, a P/E ratio of 27.97, a price-to-earnings-growth ratio of 3.10 and a beta of 0.62.

McDonald's (NYSE:MCD - Get Free Report) last released its quarterly earnings data 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 net margin of 31.73% and a negative return on equity of 181.63%. As a group, research analysts anticipate that McDonald's Co. will post 12.25 EPS for the current year.

McDonald's Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a $1.77 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $7.08 annualized dividend and a yield of 2.22%. McDonald's's dividend payout ratio (DPR) is currently 62.16%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Morgan Stanley decreased their price objective on McDonald's from $340.00 to $335.00 and set an "overweight" rating for the company in a report on Monday, March 17th. Truist Financial lowered their target price on shares of McDonald's from $342.00 to $340.00 and set a "buy" rating on the stock in a research note on Tuesday, February 11th. Barclays decreased their price objective on shares of McDonald's from $350.00 to $347.00 and set an "overweight" rating for the company in a report on Tuesday. TD Securities reissued a "hold" rating and set a $300.00 target price on shares of McDonald's in a report on Monday, February 10th. Finally, Bank of America increased their price target on McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a research note on Tuesday, February 11th. Nine investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $322.74.

About McDonald's

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.