McDonald's Co. (NYSE:MCD) Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group raised its position in shares of McDonald's Co. (NYSE:MCD - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 970,711 shares of the fast-food giant's stock after acquiring an additional 27,400 shares during the quarter. Schroder Investment Management Group owned approximately 0.14% of McDonald's worth $281,399,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MCD. Vanguard Group Inc. increased its stake in shares of McDonald's by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 70,169,342 shares of the fast-food giant's stock worth $20,341,391,000 after acquiring an additional 526,466 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of McDonald's by 1.4% during the third quarter. Geode Capital Management LLC now owns 15,916,980 shares of the fast-food giant's stock valued at $4,833,510,000 after purchasing an additional 220,365 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of McDonald's by 0.9% during the third quarter. Wellington Management Group LLP now owns 15,082,894 shares of the fast-food giant's stock valued at $4,592,892,000 after purchasing an additional 128,800 shares during the last quarter. Norges Bank bought a new stake in shares of McDonald's in the 4th quarter worth approximately $2,725,190,000. Finally, Bank of New York Mellon Corp grew its stake in shares of McDonald's by 0.9% in the 4th quarter. Bank of New York Mellon Corp now owns 5,803,833 shares of the fast-food giant's stock worth $1,682,473,000 after buying an additional 52,195 shares during the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

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Insider Transactions at McDonald's

In other McDonald's news, EVP Tiffanie L. Boyd sold 1,000 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $309.27, for a total transaction of $309,270.00. Following the transaction, the executive vice president now directly owns 5,564 shares in the company, valued at $1,720,778.28. This represents a 15.23 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Marion K. Gross sold 1,499 shares of the company's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $290.95, for a total transaction of $436,134.05. Following the completion of the sale, the executive vice president now directly owns 1,560 shares of the company's stock, valued at $453,882. The trade was a 49.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,996 shares of company stock valued at $8,897,534. 0.23% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research firms have commented on MCD. BMO Capital Markets boosted their target price on McDonald's from $335.00 to $340.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. Bank of America increased their price objective on shares of McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a research report on Tuesday, February 11th. Robert W. Baird boosted their price target on McDonald's from $305.00 to $310.00 and gave the company a "neutral" rating in a research note on Tuesday, February 11th. KeyCorp boosted their price target on McDonald's from $335.00 to $340.00 and gave the company an "overweight" rating in a report on Thursday, March 27th. Finally, Citigroup lifted their price target on shares of McDonald's from $336.00 to $360.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. Nine equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $323.61.

McDonald's Stock Up 0.4 %

MCD traded up $1.20 during trading hours on Tuesday, reaching $313.57. 2,374,614 shares of the company's stock traded hands, compared to its average volume of 3,499,319. McDonald's Co. has a 52-week low of $243.53 and a 52-week high of $326.32. The firm has a 50-day moving average price of $302.16 and a 200 day moving average price of $298.35. The firm has a market capitalization of $224.03 billion, a PE ratio of 27.53, a PEG ratio of 3.10 and a beta of 0.71.

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

McDonald's Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $1.77 dividend. This represents a $7.08 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend was Monday, March 3rd. McDonald's's dividend payout ratio is 62.16%.

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.