Motiv8 Investments LLC Has $1.13 Million Holdings in McDonald’s Co. (NYSE:MCD)

Motiv8 Investments LLC increased its position in shares of McDonald’s Co. (NYSE:MCD) by 21.4% in the 4th quarter, HoldingsChannel reports. The firm owned 3,906 shares of the fast-food giant’s stock after acquiring an additional 689 shares during the quarter. Motiv8 Investments LLC’s holdings in McDonald’s were worth $1,132,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC boosted its position in shares of McDonald’s by 43,591.6% during the 4th quarter. Proficio Capital Partners LLC now owns 590,711 shares of the fast-food giant’s stock worth $171,241,000 after acquiring an additional 589,359 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of McDonald’s by 2.2% in the fourth quarter. Oppenheimer & Co. Inc. now owns 53,897 shares of the fast-food giant’s stock worth $15,624,000 after acquiring an additional 1,164 shares during the last quarter. Kovack Advisors Inc. grew its position in McDonald’s by 36.5% during the 4th quarter. Kovack Advisors Inc. now owns 9,608 shares of the fast-food giant’s stock worth $2,785,000 after acquiring an additional 2,567 shares during the last quarter. FUKOKU MUTUAL LIFE INSURANCE Co increased its holdings in McDonald’s by 0.3% in the fourth quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 105,644 shares of the fast-food giant’s stock valued at $30,625,000 after purchasing an additional 329 shares during the period. Finally, Mn Services Vermogensbeheer B.V. raised its position in McDonald’s by 2.1% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 286,500 shares of the fast-food giant’s stock worth $83,053,000 after purchasing an additional 5,900 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MCD has been the topic of a number of research analyst reports. Bank of America upped their price target 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. TD Securities reiterated a “hold” rating and issued a $300.00 target price on shares of McDonald’s in a report on Monday, February 10th. BMO Capital Markets raised their price objective on shares of McDonald’s from $335.00 to $340.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. 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 research note on Tuesday, February 11th. Finally, Truist Financial reduced their target price on McDonald’s from $342.00 to $340.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Ten equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat, McDonald’s presently has a consensus rating of “Moderate Buy” and an average target price of $323.61.

Insider Transactions at McDonald’s

In related news, insider Joseph M. Erlinger sold 1,099 shares of the stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $291.10, for a total value of $319,918.90. Following the transaction, the insider now owns 8,187 shares of the company’s stock, valued at $2,383,235.70. This represents a 11.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Manuel Jm Steijaert sold 10,459 shares of McDonald’s stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $308.71, for a total value of $3,228,797.89. Following the sale, the executive vice president now directly owns 4,606 shares of the company’s stock, valued at approximately $1,421,918.26. This trade represents a 69.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 32,504 shares of company stock valued at $9,897,305 in the last quarter. Insiders own 0.23% of the company’s stock.

McDonald’s Price Performance

Shares of NYSE:MCD opened at $304.02 on Thursday. The company has a market capitalization of $217.87 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 3.10 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 business has a fifty day moving average price of $293.36 and a two-hundred day moving average price of $294.72.

McDonald’s (NYSE:MCD) last released its quarterly earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share for the quarter, hitting the consensus estimate of $2.83. McDonald’s had a net margin of 31.73% and a negative return on equity of 181.63%. Sell-side analysts anticipate that McDonald’s Co. will post 12.25 earnings per share for the current year.

McDonald’s Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 2.33%. McDonald’s’s payout ratio is presently 62.16%.

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.