RHS Financial LLC acquired a new position in shares of Mcdonald’s Corp (NYSE:MCD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 2,632 shares of the fast-food giant’s stock, valued at approximately $467,000.

A number of other institutional investors have also recently made changes to their positions in the business. Ruggie Capital Group grew its stake in shares of Mcdonald’s by 3,020.0% during the 4th quarter. Ruggie Capital Group now owns 156 shares of the fast-food giant’s stock worth $28,000 after purchasing an additional 151 shares during the period. Gantzert Investment Co. LLC ADV acquired a new position in shares of Mcdonald’s during the 4th quarter worth $31,000. Focused Wealth Management Inc grew its stake in shares of Mcdonald’s by 4,500.0% during the 4th quarter. Focused Wealth Management Inc now owns 184 shares of the fast-food giant’s stock worth $33,000 after purchasing an additional 180 shares during the period. Strategic Wealth Partners Ltd. grew its stake in shares of Mcdonald’s by 47.9% during the 4th quarter. Strategic Wealth Partners Ltd. now owns 207 shares of the fast-food giant’s stock worth $38,000 after purchasing an additional 67 shares during the period. Finally, New Capital Management LP grew its stake in shares of Mcdonald’s by 33.1% during the 4th quarter. New Capital Management LP now owns 221 shares of the fast-food giant’s stock worth $39,000 after purchasing an additional 55 shares during the period. Institutional investors own 67.39% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Mcdonald’s from a “hold” rating to a “buy” rating and set a $208.00 price target on the stock in a research note on Wednesday, December 5th. Piper Jaffray Companies upped their price target on shares of Mcdonald’s to $194.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 28th. Jefferies Financial Group set a $200.00 price target on shares of Mcdonald’s and gave the stock a “buy” rating in a research note on Tuesday, November 20th. Barclays set a $198.00 price target on shares of Mcdonald’s and gave the stock a “buy” rating in a research note on Monday, November 19th. Finally, Wells Fargo & Co upped their price target on shares of Mcdonald’s from $197.00 to $202.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 21st. Six investment analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $194.11.

Shares of NYSE MCD opened at $185.33 on Friday. The stock has a market capitalization of $139.85 billion, a P/E ratio of 23.46, a price-to-earnings-growth ratio of 2.52 and a beta of 0.53. Mcdonald’s Corp has a 52 week low of $153.13 and a 52 week high of $190.88.

Mcdonald’s (NYSE:MCD) last issued its quarterly earnings data on Wednesday, January 30th. The fast-food giant reported $1.97 EPS for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.07. The firm had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Mcdonald’s had a net margin of 28.18% and a negative return on equity of 104.38%. The firm’s revenue was down 3.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.71 EPS. Equities analysts anticipate that Mcdonald’s Corp will post 8.15 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were paid a $1.16 dividend. The ex-dividend date was Thursday, February 28th. This represents a $4.64 dividend on an annualized basis and a yield of 2.50%. Mcdonald’s’s payout ratio is 58.73%.

In other Mcdonald’s news, VP Robert Lane Gibbs sold 22,036 shares of the company’s stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $180.95, for a total value of $3,987,414.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Catherine A. Hoovel sold 1,328 shares of the company’s stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $175.95, for a total transaction of $233,661.60. Following the completion of the transaction, the vice president now owns 2,499 shares in the company, valued at $439,699.05. The disclosure for this sale can be found here. Over the last three months, insiders sold 129,775 shares of company stock worth $23,249,437. 0.22% of the stock is owned by corporate insiders.

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Mcdonald’s Company Profile

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer various food products, soft drinks, coffee, and other beverages, as well as breakfast menu. As of December 31, 2018, the company operated 37,855 restaurants, including 35,085 franchised restaurants comprising 21,685 franchised to conventional franchisees, 7,225 licensed to developmental licensees, and 6,175 licensed to foreign affiliates; and 2,770 company-operated restaurants.

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Institutional Ownership by Quarter for Mcdonald`s (NYSE:MCD)

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