155 Shares in McDonald’s Co. (NYSE:MCD) Purchased by Marshall & Sterling Wealth Advisors Inc.

Marshall & Sterling Wealth Advisors Inc. purchased a new stake in McDonald’s Co. (NYSE:MCD) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 155 shares of the fast-food giant’s stock, valued at approximately $45,000.

Several other institutional investors have also recently made changes to their positions in MCD. Atala Financial Inc bought a new position in shares of McDonald’s during the 4th quarter worth approximately $26,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of McDonald’s in the fourth quarter valued at $27,000. Collier Financial bought a new position in shares of McDonald’s in the fourth quarter valued at about $29,000. Fairway Wealth LLC lifted its stake in shares of McDonald’s by 110.0% during the 4th 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 last quarter. Finally, GKV Capital Management Co. Inc. bought a new stake in shares of McDonald’s during the 4th quarter worth about $30,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s Price Performance

Shares of McDonald’s stock opened at $316.60 on Monday. The company’s 50 day moving average price is $308.18 and its two-hundred day moving average price is $299.75. The firm has a market capitalization of $226.20 billion, a P/E ratio of 27.80, a P/E/G ratio of 3.10 and a beta of 0.62. McDonald’s Co. has a fifty-two week low of $243.53 and a fifty-two week high of $326.32.

McDonald’s (NYSE:MCD) last released its quarterly 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%. On average, analysts expect that McDonald’s Co. will post 12.25 earnings per share for the current year.

McDonald’s Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $1.77 per share. The ex-dividend date was Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.24%. McDonald’s’s dividend payout ratio (DPR) is presently 62.16%.

Insider Buying and Selling

In related news, 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 transaction, the executive vice president now directly owns 5,564 shares of the company’s stock, valued at $1,720,778.28. The trade was a 15.23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Joseph M. Erlinger sold 939 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $305.00, for a total transaction of $286,395.00. Following the sale, the insider now directly owns 13,978 shares of the company’s stock, valued at $4,263,290. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 28,136 shares of company stock valued at $8,676,247 over the last 90 days. 0.25% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. BMO Capital Markets raised their price objective on shares of McDonald’s from $335.00 to $340.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. BTIG Research reissued a “neutral” rating on shares of McDonald’s in a report on Tuesday, April 22nd. Truist Financial decreased their price objective on McDonald’s from $342.00 to $340.00 and set a “buy” rating on the stock 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 stock a “neutral” rating in a report on Tuesday, February 11th. Finally, Erste Group Bank upgraded shares of McDonald’s from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 17th. Ten analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.74.

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.