2,836 Shares in McDonald’s Co. (NYSE:MCD) Acquired by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV purchased a new position in shares of McDonald’s Co. (NYSE:MCD) during the 4th quarter, Holdings Channel.com reports. The firm purchased 2,836 shares of the fast-food giant’s stock, valued at approximately $807,000.

Several other large investors have also made changes to their positions in MCD. Legacy Investment Solutions LLC acquired a new stake in McDonald’s in the third quarter valued at approximately $25,000. Comprehensive Financial Planning Inc. PA acquired a new stake in McDonald’s in the fourth quarter valued at approximately $27,000. Collier Financial acquired a new stake in McDonald’s in the fourth quarter valued at approximately $29,000. RPg Family Wealth Advisory LLC acquired a new stake in McDonald’s in the third quarter valued at approximately $31,000. Finally, Hara Capital LLC acquired a new stake in McDonald’s in the third quarter valued at approximately $44,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. raised their target price on shares of McDonald’s from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. Morgan Stanley raised their price target on shares of McDonald’s from $336.00 to $340.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Bank of America raised their price target on shares of McDonald’s from $312.00 to $316.00 and gave the company a “neutral” rating in a research note on Tuesday, February 11th. TD Cowen reaffirmed a “hold” rating and set a $300.00 price target on shares of McDonald’s in a research note on Tuesday, October 29th. Finally, BMO Capital Markets raised their price target on shares of McDonald’s from $335.00 to $340.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $323.61.

Insiders Place Their Bets

In other McDonald’s news, EVP Marion K. Gross sold 1,499 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $290.95, for a total value of $436,134.05. Following the completion of the sale, the executive vice president now directly owns 1,560 shares in the company, valued at approximately $453,882. This trade represents a 49.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Christopher J. Kempczinski sold 10,500 shares of McDonald’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total transaction of $3,255,525.00. Following the transaction, the chief executive officer now owns 32,756 shares of the company’s stock, valued at $10,155,997.80. This represents a 24.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 21,106 shares of company stock worth $6,368,814. 0.23% of the stock is currently owned by company insiders.

McDonald’s Trading Up 0.3 %

NYSE:MCD opened at $302.89 on Friday. The stock has a market capitalization of $217.06 billion, a price-to-earnings ratio of 26.59, a PEG ratio of 3.09 and a beta of 0.74. The firm has a fifty day simple moving average of $292.45 and a two-hundred day simple moving average of $293.51. McDonald’s Co. has a 12 month low of $243.53 and a 12 month high of $317.90.

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

McDonald’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a $1.77 dividend. This represents a $7.08 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date of this dividend is Monday, March 3rd. McDonald’s’s payout ratio is 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.