Chapman Financial Group LLC Invests $863,000 in McDonald's Co. (NYSE:MCD)

Chapman Financial Group LLC acquired a new stake in shares of McDonald's Co. (NYSE:MCD - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,976 shares of the fast-food giant's stock, valued at approximately $863,000.

A number of other large investors also recently modified their holdings of the company. Atala Financial Inc bought a new position in McDonald's during the 4th quarter worth approximately $26,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of McDonald's in the fourth quarter worth approximately $27,000. Collier Financial purchased a new position in shares of McDonald's in the fourth quarter worth $29,000. Fairway Wealth LLC increased its stake in shares of McDonald's by 110.0% in 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, GKV Capital Management Co. Inc. bought a new stake in McDonald's during the 4th quarter valued at $30,000. 70.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MCD has been the topic of a number of analyst reports. BMO Capital Markets restated an "outperform" rating and issued a $345.00 price objective (up previously from $340.00) on shares of McDonald's in a research report on Monday. Barclays increased their price objective on McDonald's from $347.00 to $355.00 and gave the stock an "overweight" rating in a report on Friday, May 2nd. BTIG Research reissued a "neutral" rating on shares of McDonald's in a research note on Tuesday, April 22nd. Bank of America raised their price target on McDonald's from $312.00 to $316.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 11th. Finally, Truist Financial set a $350.00 price objective on shares of McDonald's in a research report on Friday, May 2nd. Eleven research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, McDonald's presently has a consensus rating of "Moderate Buy" and a consensus price target of $325.91.

Insider Buying and Selling at McDonald's

In other news, CEO Christopher J. Kempczinski sold 10,500 shares of the stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $310.05, for a total transaction 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. This represents a 24.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Joseph M. Erlinger sold 939 shares of McDonald's stock in a transaction on Wednesday, April 23rd. The stock was sold at an average price of $318.50, for a total value of $299,071.50. Following the completion of the sale, the insider now directly owns 12,100 shares of the company's stock, valued at $3,853,850. The trade was a 7.20 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,136 shares of company stock worth $8,676,247. Company insiders own 0.25% of the company's stock.

McDonald's Stock Performance

Shares of MCD traded down $4.52 on Thursday, hitting $313.61. 2,128,543 shares of the stock traded hands, compared to its average volume of 3,567,116. McDonald's Co. has a one year low of $243.53 and a one year high of $326.32. The company has a market capitalization of $224.26 billion, a PE ratio of 27.53, a P/E/G ratio of 3.10 and a beta of 0.57. The business has a 50 day simple moving average of $309.74 and a 200 day simple moving average of $300.13.

McDonald's (NYSE:MCD - Get Free Report) last posted its earnings results on Thursday, May 1st. The fast-food giant reported $2.67 EPS for the quarter, hitting analysts' consensus estimates of $2.67. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. The business had revenue of $5.96 billion during the quarter, compared to analyst estimates of $6.17 billion. During the same quarter last year, the company earned $2.70 EPS. The company's quarterly revenue was down 3.5% compared to the same quarter last year. On average, equities analysts expect that McDonald's Co. will post 12.25 earnings per share for the current year.

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.