Francis Financial Inc. Acquires 56 Shares of McDonald’s Co. (NYSE:MCD)

Francis Financial Inc. raised its holdings in McDonald’s Co. (NYSE:MCD) by 5.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,068 shares of the fast-food giant’s stock after buying an additional 56 shares during the quarter. Francis Financial Inc.’s holdings in McDonald’s were worth $317,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Independent Wealth Network Inc. boosted its position in shares of McDonald’s by 4.2% during the fourth quarter. Independent Wealth Network Inc. now owns 863 shares of the fast-food giant’s stock valued at $256,000 after purchasing an additional 35 shares in the last quarter. Paragon Capital Management Ltd boosted its position in shares of McDonald’s by 2.7% during the fourth quarter. Paragon Capital Management Ltd now owns 1,374 shares of the fast-food giant’s stock valued at $407,000 after purchasing an additional 36 shares in the last quarter. Unique Wealth LLC boosted its position in shares of McDonald’s by 1.2% during the fourth quarter. Unique Wealth LLC now owns 3,249 shares of the fast-food giant’s stock valued at $963,000 after purchasing an additional 38 shares in the last quarter. Proquility Private Wealth Partners LLC boosted its position in shares of McDonald’s by 1.0% during the fourth quarter. Proquility Private Wealth Partners LLC now owns 3,737 shares of the fast-food giant’s stock valued at $985,000 after purchasing an additional 38 shares in the last quarter. Finally, STAR Financial Bank boosted its position in shares of McDonald’s by 1.1% during the second quarter. STAR Financial Bank now owns 3,767 shares of the fast-food giant’s stock valued at $1,124,000 after purchasing an additional 40 shares in the last quarter. 70.29% of the stock is currently owned by institutional investors.

Insider Activity at McDonald’s

In other McDonald’s news, insider Joseph M. Erlinger sold 1,099 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $284.38, for a total transaction of $312,533.62. Following the sale, the insider now directly owns 18,075 shares in the company, valued at $5,140,168.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.27% of the stock is owned by corporate insiders.

McDonald’s Stock Down 0.0 %

Shares of MCD opened at $281.95 on Friday. The business has a 50-day simple moving average of $290.64 and a two-hundred day simple moving average of $280.93. The stock has a market cap of $203.58 billion, a price-to-earnings ratio of 24.37, a PEG ratio of 3.05 and a beta of 0.72. McDonald’s Co. has a 52 week low of $245.73 and a 52 week high of $302.39.

McDonald’s (NYSE:MCD) last released its quarterly earnings data on Monday, February 5th. The fast-food giant reported $2.95 earnings per share for the quarter, topping analysts’ consensus estimates of $2.83 by $0.12. The firm had revenue of $6.41 billion during the quarter, compared to analyst estimates of $6.45 billion. McDonald’s had a negative return on equity of 171.96% and a net margin of 33.22%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.59 earnings per share. On average, equities analysts anticipate that McDonald’s Co. will post 12.38 earnings per share for the current fiscal year.

McDonald’s Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a dividend of $1.67 per share. This represents a $6.68 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date of this dividend was Thursday, February 29th. McDonald’s’s payout ratio is presently 57.74%.

Analyst Ratings Changes

MCD has been the topic of several analyst reports. HSBC initiated coverage on McDonald’s in a report on Wednesday, December 20th. They issued a “buy” rating and a $317.00 target price on the stock. Royal Bank of Canada dropped their target price on McDonald’s from $340.00 to $335.00 and set an “outperform” rating on the stock in a report on Tuesday, February 6th. BMO Capital Markets boosted their target price on McDonald’s from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Thursday, December 7th. Bank of America boosted their price target on McDonald’s from $291.00 to $341.00 and gave the stock a “neutral” rating in a research note on Monday, January 29th. Finally, Stifel Nicolaus boosted their price target on McDonald’s from $285.00 to $322.00 and gave the stock a “hold” rating in a research note on Thursday, January 4th. Eight research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. Based on data from MarketBeat, McDonald’s currently has a consensus rating of “Moderate Buy” and an average price target of $320.60.

McDonald’s Company Profile

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions.