Marshall Investment Management LLC Invests $37,000 in McDonald’s Co. (NYSE:MCD)

Marshall Investment Management LLC acquired a new position in shares of McDonald’s Co. (NYSE:MCD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 120 shares of the fast-food giant’s stock, valued at approximately $37,000.

Other institutional investors also recently made changes to their positions in the company. Legacy Investment Solutions LLC bought a new stake in shares of McDonald’s during the third quarter worth approximately $25,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of McDonald’s in the fourth quarter valued at approximately $27,000. Collier Financial acquired a new stake in shares of McDonald’s in the fourth quarter valued at approximately $29,000. RPg Family Wealth Advisory LLC acquired a new stake in shares of McDonald’s in the third quarter valued at approximately $31,000. Finally, Hara Capital LLC acquired a new stake in shares of McDonald’s in the third quarter valued at approximately $44,000. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Performance

Shares of NYSE:MCD opened at $304.76 on Friday. The company has a fifty day moving average of $292.61 and a 200-day moving average of $293.92. The company has a market capitalization of $218.40 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 3.10 and a beta of 0.74. McDonald’s Co. has a 52-week low of $243.53 and a 52-week high of $317.90.

McDonald’s (NYSE:MCD) last announced its quarterly earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share (EPS) 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%. On average, equities analysts forecast that McDonald’s Co. will post 12.25 EPS for the current fiscal year.

McDonald’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $1.77 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $7.08 annualized dividend and a dividend yield of 2.32%. McDonald’s’s dividend payout ratio is 62.16%.

Insider Buying and Selling

In related news, EVP Marion K. Gross sold 1,099 shares of the business’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $304.60, for a total value of $334,755.40. Following the sale, the executive vice president now owns 1,560 shares of the company’s stock, valued at $475,176. The trade was a 41.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Joseph M. Erlinger sold 300 shares of the business’s stock in a transaction on 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 represents a 3.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,205 shares of company stock valued at $6,703,569 over the last 90 days. 0.23% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently weighed in on MCD. TD Securities reiterated a “hold” rating and issued a $300.00 price target on shares of McDonald’s in a research report on Monday, February 10th. BMO Capital Markets lifted their price target on shares of McDonald’s from $335.00 to $340.00 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Robert W. Baird lifted their price target on shares of McDonald’s from $305.00 to $310.00 and gave the company a “neutral” rating in a research report on Tuesday, February 11th. Piper Sandler dropped their price target on shares of McDonald’s from $297.00 to $290.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Finally, Citigroup boosted their price objective on shares of McDonald’s from $336.00 to $360.00 and gave the company a “buy” rating in a research 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $323.61.

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.