McDonald’s Co. (NYSE:MCD) Shares Bought by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. increased its holdings in McDonald’s Co. (NYSE:MCD) by 2.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 286,500 shares of the fast-food giant’s stock after buying an additional 5,900 shares during the period. McDonald’s comprises approximately 0.6% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 28th biggest position. Mn Services Vermogensbeheer B.V.’s holdings in McDonald’s were worth $83,053,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MCD. Legacy Investment Solutions LLC acquired a new stake in shares of McDonald’s during the 3rd quarter worth approximately $25,000. Comprehensive Financial Planning Inc. PA bought a new position in McDonald’s during the 4th quarter worth $27,000. Collier Financial bought a new position in McDonald’s during the 4th quarter worth $29,000. RPg Family Wealth Advisory LLC acquired a new stake in McDonald’s in the third quarter worth $31,000. Finally, Marshall Investment Management LLC bought a new stake in McDonald’s in the fourth quarter valued at $37,000. Institutional investors own 70.29% of the company’s stock.

Insider Activity at McDonald’s

In related news, EVP Manuel Jm Steijaert sold 10,459 shares of the business’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $308.71, for a total transaction of $3,228,797.89. Following the transaction, the executive vice president now owns 4,606 shares of the company’s stock, valued at approximately $1,421,918.26. The trade was a 69.43 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Christopher J. Kempczinski sold 10,500 shares of the business’s stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total value of $3,255,525.00. Following the transaction, the chief executive officer now owns 32,756 shares in the company, 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 90 days, insiders sold 32,504 shares of company stock valued at $9,897,305. Insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

MCD has been the topic of a number of analyst reports. Bank of America increased their price objective on shares of McDonald’s from $312.00 to $316.00 and gave the stock a “neutral” rating in a 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. KeyCorp boosted their price objective on McDonald’s from $320.00 to $335.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. Wedbush raised their target price on McDonald’s from $320.00 to $330.00 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Finally, JPMorgan Chase & Co. lifted their target price on McDonald’s from $280.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Ten research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, McDonald’s currently has an average rating of “Moderate Buy” and a consensus target price of $323.61.

McDonald’s Price Performance

Shares of MCD opened at $304.02 on Thursday. The company has a 50-day moving average of $293.36 and a two-hundred day moving average of $294.72. McDonald’s Co. has a one year low of $243.53 and a one year high of $317.90. The stock has a market cap of $217.87 billion, a price-to-earnings ratio of 26.69, a PEG ratio of 3.10 and a beta of 0.74.

McDonald’s (NYSE:MCD) last posted its quarterly earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share for the quarter, meeting the consensus estimate of $2.83. McDonald’s had a negative return on equity of 181.63% and a net margin of 31.73%. Analysts anticipate that McDonald’s Co. will post 12.25 earnings per share for the current year.

McDonald’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a $1.77 dividend. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.33%. The ex-dividend date is Monday, March 3rd. McDonald’s’s dividend payout ratio (DPR) is presently 62.16%.

McDonald’s Company 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.