761 Shares in McDonald’s Co. (NYSE:MCD) Bought by DecisionMap Wealth Management LLC

DecisionMap Wealth Management LLC bought a new stake in McDonald’s Co. (NYSE:MCD) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 761 shares of the fast-food giant’s stock, valued at approximately $221,000.

A number of other hedge funds also recently added to or reduced their stakes in MCD. Legacy Investment Solutions LLC bought a new stake in McDonald’s in the third quarter valued at $25,000. Comprehensive Financial Planning Inc. PA bought a new stake in McDonald’s in the fourth quarter valued at $27,000. Collier Financial bought a new stake in McDonald’s in the fourth quarter valued at $29,000. Fairway Wealth LLC lifted its stake in McDonald’s by 110.0% in the fourth quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant’s stock valued at $30,000 after buying an additional 55 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC bought a new stake in McDonald’s in the third quarter valued at $31,000. 70.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Morgan Stanley raised their target price on McDonald’s from $336.00 to $340.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Loop Capital reissued a “buy” rating and set a $342.00 price target on shares of McDonald’s in a report on Friday, January 3rd. Robert W. Baird raised their price target on McDonald’s from $305.00 to $310.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. KeyCorp raised their price target on McDonald’s from $320.00 to $335.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Finally, JPMorgan Chase & Co. raised their price target on McDonald’s from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Ten equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $323.61.

McDonald’s Stock Down 2.4 %

NYSE:MCD opened at $299.40 on Thursday. McDonald’s Co. has a 1-year low of $243.53 and a 1-year high of $326.32. The firm has a market capitalization of $213.91 billion, a price-to-earnings ratio of 26.29, a price-to-earnings-growth ratio of 3.10 and a beta of 0.71. The stock has a fifty day simple moving average of $296.76 and a 200 day simple moving average of $296.70.

McDonald’s (NYSE:MCD) last announced its quarterly earnings data 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 negative return on equity of 181.63% and a net margin of 31.73%. Equities analysts predict that McDonald’s Co. will post 12.25 earnings per share for the current year.

McDonald’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a dividend of $1.77 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a yield of 2.36%. McDonald’s’s payout ratio is presently 62.16%.

Insiders Place Their Bets

In other McDonald’s news, insider Joseph M. Erlinger sold 300 shares of the firm’s stock in a transaction dated 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 directly owns 7,887 shares in the company, valued at approximately $2,214,275.25. This trade represents a 3.66 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Christopher J. Kempczinski sold 10,500 shares of the firm’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $310.05, for a total value of $3,255,525.00. Following the sale, the chief executive officer now owns 32,756 shares of the company’s stock, valued at $10,155,997.80. The trade was a 24.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,504 shares of company stock worth $10,206,575. 0.23% of the stock is currently owned by company insiders.

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.