Van Lanschot Kempen Investment Management N.V. Sells 1,473 Shares of McDonald's Co. (NYSE:MCD)

Van Lanschot Kempen Investment Management N.V. trimmed its stake in shares of McDonald's Co. (NYSE:MCD - Free Report) by 3.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,582 shares of the fast-food giant's stock after selling 1,473 shares during the quarter. Van Lanschot Kempen Investment Management N.V.'s holdings in McDonald's were worth $12,344,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MCD. Atala Financial Inc bought a new position in McDonald's in the fourth quarter valued at about $26,000. Comprehensive Financial Planning Inc. PA bought a new stake in McDonald's during the 4th quarter worth approximately $27,000. Collier Financial bought a new position in shares of McDonald's during the fourth quarter valued at $29,000. Fairway Wealth LLC grew its stake in shares of McDonald's by 110.0% in the fourth quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant's stock worth $30,000 after purchasing an additional 55 shares during the last quarter. Finally, GKV Capital Management Co. Inc. bought a new position in McDonald's during the 4th quarter worth $30,000. Institutional investors own 70.29% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Piper Sandler lowered their price objective 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. JPMorgan Chase & Co. increased their price objective on shares of McDonald's from $280.00 to $300.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 11th. Loop Capital reaffirmed a "buy" rating and set a $342.00 price target on shares of McDonald's in a research report on Friday, January 3rd. TD Securities reissued a "hold" rating and issued a $300.00 price objective on shares of McDonald's in a research note on Monday, February 10th. Finally, Erste Group Bank upgraded McDonald's from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Ten analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $322.74.

Insider Transactions at McDonald's

In other McDonald's news, insider Joseph M. Erlinger sold 939 shares of the firm's stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $318.50, for a total value of $299,071.50. Following the completion of the transaction, the insider now owns 12,100 shares in the company, valued at $3,853,850. This trade represents a 7.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the 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 completion of the sale, the executive vice president now directly owns 5,564 shares in the company, valued at approximately $1,720,778.28. The trade was a 15.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,136 shares of company stock worth $8,676,247 over the last quarter. Corporate insiders own 0.25% of the company's stock.

McDonald's Trading Up 0.1 %

Shares of MCD stock traded up $0.38 during trading hours on Friday, hitting $316.60. 2,282,625 shares of the company were exchanged, compared to its average volume of 3,575,998. The stock has a market capitalization of $226.20 billion, a price-to-earnings ratio of 27.80, a P/E/G ratio of 3.10 and a beta of 0.62. The firm has a fifty day simple moving average of $307.94 and a 200 day simple moving average of $299.70. McDonald's Co. has a 52-week low of $243.53 and a 52-week high of $326.32.

McDonald's (NYSE:MCD - Get Free Report) last issued its 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%. Sell-side analysts anticipate that McDonald's Co. will post 12.25 EPS for the current year.

McDonald's Dividend Announcement

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

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.