McDonald’s Co. (NYSE:MCD) Stock Position Lifted by Syon Capital LLC

Syon Capital LLC grew its position in shares of McDonald’s Co. (NYSE:MCD) by 19.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,915 shares of the fast-food giant’s stock after buying an additional 951 shares during the period. Syon Capital LLC’s holdings in McDonald’s were worth $1,754,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Centaurus Financial Inc. lifted its holdings in shares of McDonald’s by 138.7% in the 4th quarter. Centaurus Financial Inc. now owns 5,335 shares of the fast-food giant’s stock worth $1,582,000 after purchasing an additional 3,100 shares during the last quarter. Gordian Capital Singapore Pte Ltd lifted its holdings in shares of McDonald’s by 472.0% in the 4th quarter. Gordian Capital Singapore Pte Ltd now owns 5,720 shares of the fast-food giant’s stock worth $1,696,000 after purchasing an additional 4,720 shares during the last quarter. Sierra Summit Advisors LLC bought a new stake in shares of McDonald’s in the 4th quarter worth approximately $436,000. WNY Asset Management LLC lifted its holdings in shares of McDonald’s by 29.3% in the 4th quarter. WNY Asset Management LLC now owns 4,524 shares of the fast-food giant’s stock worth $1,342,000 after purchasing an additional 1,025 shares during the last quarter. Finally, Garde Capital Inc. lifted its holdings in shares of McDonald’s by 22.0% in the 4th quarter. Garde Capital Inc. now owns 2,857 shares of the fast-food giant’s stock worth $847,000 after purchasing an additional 515 shares during the last quarter. Institutional investors own 70.29% of the company’s stock.

Insider Transactions at McDonald’s

In related news, insider Joseph M. Erlinger sold 1,099 shares of McDonald’s stock in a transaction 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 completion of the sale, the insider now owns 18,075 shares of the company’s stock, valued at $5,140,168.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, insider Joseph M. Erlinger sold 1,099 shares of McDonald’s stock in a transaction 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 completion of the sale, the insider now owns 18,075 shares of the company’s stock, valued at $5,140,168.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Joseph M. Erlinger sold 1,098 shares of McDonald’s stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $276.64, for a total value of $303,750.72. Following the sale, the insider now directly owns 16,977 shares of the company’s stock, valued at approximately $4,696,517.28. The disclosure for this sale can be found here. Insiders sold a total of 4,096 shares of company stock valued at $1,127,678 over the last quarter. Company insiders own 0.23% of the company’s stock.

McDonald’s Price Performance

Shares of MCD traded down $0.12 during trading hours on Friday, hitting $253.58. 2,806,560 shares of the company were exchanged, compared to its average volume of 3,355,420. The company has a market capitalization of $182.75 billion, a PE ratio of 21.53, a PEG ratio of 2.86 and a beta of 0.71. The firm has a fifty day simple moving average of $265.90 and a 200-day simple moving average of $281.32. McDonald’s Co. has a one year low of $245.73 and a one year high of $302.39.

McDonald’s (NYSE:MCD) last issued its earnings results on Tuesday, April 30th. The fast-food giant reported $2.70 EPS for the quarter, missing the consensus estimate of $2.71 by ($0.01). The business had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.16 billion. McDonald’s had a negative return on equity of 180.74% and a net margin of 33.36%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the business earned $2.63 EPS. Sell-side analysts expect that McDonald’s Co. will post 12.17 EPS for the current year.

McDonald’s Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 3rd will be given a $1.67 dividend. The ex-dividend date of this dividend is Monday, June 3rd. This represents a $6.68 annualized dividend and a dividend yield of 2.63%. McDonald’s’s dividend payout ratio (DPR) is presently 56.71%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MCD. The Goldman Sachs Group started coverage on McDonald’s in a report on Thursday. They issued a “neutral” rating and a $288.00 price target on the stock. JPMorgan Chase & Co. raised their target price on McDonald’s from $290.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, June 3rd. Robert W. Baird lowered their target price on McDonald’s from $305.00 to $300.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 1st. Citigroup lowered their target price on McDonald’s from $312.00 to $297.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 16th. Finally, BMO Capital Markets lowered their target price on McDonald’s from $335.00 to $330.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 1st. Ten equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $315.14.

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.