Tandem Investment Advisors Inc. Buys 67 Shares of McDonald’s Co. (NYSE:MCD)

Tandem Investment Advisors Inc. raised its position in shares of McDonald’s Co. (NYSE:MCD) by 9.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 782 shares of the fast-food giant’s stock after purchasing an additional 67 shares during the period. Tandem Investment Advisors Inc.’s holdings in McDonald’s were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Legacy Investment Solutions LLC purchased a new stake in McDonald’s in the 3rd quarter worth about $25,000. Comprehensive Financial Planning Inc. PA bought a new position in McDonald’s during the fourth quarter worth about $27,000. Collier Financial bought a new position in McDonald’s during the fourth quarter worth about $29,000. RPg Family Wealth Advisory LLC purchased a new position in shares of McDonald’s in the third quarter worth about $31,000. Finally, Hara Capital LLC bought a new stake in shares of McDonald’s in the third quarter valued at approximately $44,000. 70.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MCD has been the subject of a number of recent research reports. Wedbush lifted their price objective on shares of McDonald’s from $320.00 to $330.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Citigroup lifted their price target on McDonald’s from $336.00 to $360.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. JPMorgan Chase & Co. increased their price objective on McDonald’s from $280.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Bank of America lifted their target price on McDonald’s from $312.00 to $316.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. Finally, Loop Capital reiterated a “buy” rating and set a $342.00 price target on shares of McDonald’s in a research report on Friday, January 3rd. Ten research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.61.

McDonald’s Trading Up 0.3 %

Shares of NYSE MCD opened at $302.89 on Friday. The stock’s 50-day moving average is $292.45 and its 200 day moving average is $293.51. The stock has a market cap of $217.06 billion, a price-to-earnings ratio of 26.59, a P/E/G ratio of 3.09 and a beta of 0.74. McDonald’s Co. has a 1-year low of $243.53 and a 1-year 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 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, analysts forecast that McDonald’s Co. will post 12.25 EPS for the current fiscal year.

McDonald’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $1.77 dividend. This represents a $7.08 annualized dividend and a yield of 2.34%. The ex-dividend date of this dividend is Monday, March 3rd. McDonald’s’s dividend payout ratio is presently 62.16%.

Insider Buying and Selling at McDonald’s

In related news, insider Joseph M. Erlinger sold 1,099 shares of McDonald’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $292.50, for a total value of $321,457.50. Following the transaction, the insider now directly owns 9,286 shares of the company’s stock, valued at $2,716,155. The trade was a 10.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Marion K. Gross sold 1,499 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $290.95, for a total transaction of $436,134.05. Following the sale, the executive vice president now directly owns 1,560 shares of the company’s stock, valued at $453,882. The trade was a 49.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,106 shares of company stock worth $6,368,814 over the last three months. Company insiders own 0.23% of the company’s stock.

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.