McDonald’s Co. (NYSE:MCD) Shares Acquired by Achmea Investment Management B.V.

Achmea Investment Management B.V. lifted its holdings in shares of McDonald’s Co. (NYSE:MCD) by 32.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,529 shares of the fast-food giant’s stock after buying an additional 1,836 shares during the period. Achmea Investment Management B.V.’s holdings in McDonald’s were worth $2,183,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new position in shares of McDonald’s during the third quarter worth approximately $25,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of McDonald’s during the fourth quarter worth approximately $27,000. Collier Financial acquired a new position in shares of McDonald’s during the fourth quarter worth approximately $29,000. Fairway Wealth LLC boosted its position in shares of McDonald’s by 110.0% during the fourth quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant’s stock worth $30,000 after buying an additional 55 shares during the period. Finally, RPg Family Wealth Advisory LLC acquired a new position in shares of McDonald’s during the third quarter worth approximately $31,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s Stock Performance

MCD opened at $300.00 on Friday. The business has a 50 day moving average price of $296.96 and a 200 day moving average price of $296.79. McDonald’s Co. has a twelve month low of $243.53 and a twelve month high of $326.32. The firm has a market cap of $214.34 billion, a P/E ratio of 26.34, a price-to-earnings-growth ratio of 3.10 and a beta of 0.71.

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

McDonald’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $1.77 dividend. The ex-dividend date is Monday, March 3rd. This represents a $7.08 annualized dividend and a yield of 2.36%. McDonald’s’s dividend payout ratio (DPR) is currently 62.16%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. BMO Capital Markets lifted their price target on McDonald’s from $335.00 to $340.00 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Citigroup raised their target price on McDonald’s from $336.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Robert W. Baird lifted their target price on McDonald’s from $305.00 to $310.00 and gave the stock a “neutral” rating in a report on Tuesday, February 11th. JPMorgan Chase & Co. lifted their target price on McDonald’s from $280.00 to $300.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Barclays lifted their target price on McDonald’s from $347.00 to $350.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Ten equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.61.

Insider Buying and Selling

In other McDonald’s news, CEO Christopher J. Kempczinski sold 10,500 shares of McDonald’s stock in a transaction that occurred on Tuesday, February 11th. The stock was 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 directly owns 32,756 shares of the company’s stock, valued at $10,155,997.80. The trade was a 24.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Tiffanie L. Boyd sold 1,000 shares of McDonald’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $309.27, for a total value of $309,270.00. Following the completion of the transaction, the executive vice president now directly owns 5,564 shares in the company, valued at approximately $1,720,778.28. This represents a 15.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 33,504 shares of company stock worth $10,206,575. 0.23% of the stock is currently owned by insiders.

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.