LM Advisors LLC Increases Stock Position in McDonald’s Co. (NYSE:MCD)

LM Advisors LLC boosted its position in shares of McDonald’s Co. (NYSE:MCD) by 149.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,029 shares of the fast-food giant’s stock after purchasing an additional 3,009 shares during the period. LM Advisors LLC’s holdings in McDonald’s were worth $1,458,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Atala Financial Inc acquired a new stake in shares of McDonald’s during the fourth quarter valued at about $26,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of McDonald’s in the fourth quarter worth about $27,000. Collier Financial purchased a new position in McDonald’s in the fourth quarter valued at about $29,000. Pinney & Scofield Inc. acquired a new stake in McDonald’s during the 4th quarter valued at approximately $29,000. Finally, Fairway Wealth LLC increased its holdings in McDonald’s by 110.0% during the 4th 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. Hedge funds and other institutional investors own 70.29% of the company’s stock.

Insiders Place Their Bets

In other McDonald’s news, EVP Tiffanie L. Boyd sold 1,000 shares of McDonald’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $309.27, for a total transaction of $309,270.00. Following the sale, the executive vice president now owns 5,564 shares of the company’s stock, valued at $1,720,778.28. The trade was a 15.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 939 shares of the business’s stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $318.50, for a total value of $299,071.50. Following the transaction, the insider now owns 12,100 shares of the company’s stock, valued at $3,853,850. This trade represents a 7.20% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,878 shares of company stock worth $904,192. Insiders own 0.25% of the company’s stock.

McDonald’s Price Performance

NYSE:MCD opened at $314.65 on Monday. The firm has a market capitalization of $224.99 billion, a P/E ratio of 27.63, a P/E/G ratio of 3.10 and a beta of 0.57. The business has a 50 day simple moving average of $311.68 and a 200 day simple moving average of $301.54. McDonald’s Co. has a 12-month low of $243.53 and a 12-month high of $326.32.

McDonald’s (NYSE:MCD) last announced its quarterly earnings results on Thursday, May 1st. The fast-food giant reported $2.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.67. McDonald’s had a net margin of 31.73% and a negative return on equity of 181.63%. The company had revenue of $5.96 billion during the quarter, compared to the consensus estimate of $6.17 billion. During the same quarter in the previous year, the company posted $2.70 earnings per share. The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. Research analysts anticipate 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 will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be given a $1.77 dividend. This represents a $7.08 annualized dividend and a yield of 2.25%. The ex-dividend date of this dividend is Monday, June 2nd. McDonald’s’s dividend payout ratio (DPR) is 62.49%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Robert W. Baird increased their target price on McDonald’s from $300.00 to $315.00 and gave the company a “neutral” rating in a research note on Friday, May 2nd. Erste Group Bank raised shares of McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Monday, March 17th. Citigroup raised their price objective on shares of McDonald’s from $353.00 to $364.00 and gave the stock a “buy” rating in a report on Friday, May 2nd. BTIG Research reissued a “neutral” rating on shares of McDonald’s in a research report on Tuesday, April 22nd. Finally, Barclays increased their price target on shares of McDonald’s from $347.00 to $355.00 and gave the stock an “overweight” rating in a research report on Friday, May 2nd. Eleven research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and a consensus target price of $325.91.

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.