McDonald’s Co. (NYSE:MCD) Stock Holdings Increased by Wiser Advisor Group LLC

Wiser Advisor Group LLC boosted its position in McDonald’s Co. (NYSE:MCD) by 2.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,374 shares of the fast-food giant’s stock after buying an additional 95 shares during the period. McDonald’s accounts for approximately 1.8% of Wiser Advisor Group LLC’s holdings, making the stock its 20th biggest holding. Wiser Advisor Group LLC’s holdings in McDonald’s were worth $1,268,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC bought a new position in shares of McDonald’s during the third quarter valued at approximately $25,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of McDonald’s during the fourth quarter valued at approximately $27,000. Collier Financial bought a new position in shares of McDonald’s during the fourth quarter valued at approximately $29,000. RPg Family Wealth Advisory LLC bought a new position in shares of McDonald’s during the third quarter valued at approximately $31,000. Finally, Marshall Investment Management LLC bought a new position in shares of McDonald’s during the fourth quarter valued at approximately $37,000. 70.29% of the stock is owned by institutional investors.

McDonald’s Stock Performance

Shares of NYSE:MCD opened at $308.17 on Friday. McDonald’s Co. has a one year low of $243.53 and a one year high of $317.90. The stock has a fifty day moving average of $294.06 and a 200-day moving average of $295.09. The company has a market capitalization of $220.84 billion, a PE ratio of 27.06, a price-to-earnings-growth ratio of 3.10 and a beta of 0.74.

McDonald’s (NYSE:MCD) last announced its quarterly earnings data on Monday, February 10th. The fast-food giant reported $2.83 EPS for the quarter, meeting analysts’ consensus estimates of $2.83. McDonald’s had a negative return on equity of 181.63% and a net margin of 31.73%. As a group, research analysts forecast that McDonald’s Co. will post 12.25 EPS for the current fiscal year.

McDonald’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $1.77 per share. This represents a $7.08 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend is Monday, March 3rd. McDonald’s’s dividend payout ratio (DPR) is currently 62.16%.

Insider Buying and Selling at McDonald’s

In other McDonald’s news, EVP Desiree Ralls-Morrison sold 3,409 shares of the business’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $290.15, for a total transaction of $989,121.35. Following the sale, the executive vice president now directly owns 9,675 shares of the company’s stock, valued at $2,807,201.25. The trade was a 26.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Joseph M. Erlinger sold 1,099 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $291.10, for a total transaction of $319,918.90. Following the sale, the insider now directly owns 8,187 shares in the company, valued at approximately $2,383,235.70. This trade represents a 11.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,504 shares of company stock valued at $10,206,575 in the last three months. 0.23% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MCD shares. Truist Financial lowered their target price on McDonald’s from $342.00 to $340.00 and set a “buy” rating for the company in a report on Tuesday, February 11th. Wedbush upped their target price on McDonald’s from $320.00 to $330.00 and gave the company an “outperform” rating in a report on Tuesday, February 11th. Loop Capital reaffirmed a “buy” rating and set a $342.00 target price on shares of McDonald’s in a report on Friday, January 3rd. Morgan Stanley increased their price objective on McDonald’s from $336.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, KeyCorp increased their price objective on McDonald’s from $320.00 to $335.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Ten investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $323.61.

About McDonald’s

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.