Anderson Financial Strategies LLC Takes Position in McDonald's Co. (NYSE:MCD)

Anderson Financial Strategies LLC acquired a new position in McDonald's Co. (NYSE:MCD - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,129 shares of the fast-food giant's stock, valued at approximately $327,000.

Other institutional investors have also recently made changes to their positions in the company. Mattern Capital Management LLC raised its holdings in shares of McDonald's by 2.0% during the fourth quarter. Mattern Capital Management LLC now owns 30,110 shares of the fast-food giant's stock valued at $8,729,000 after acquiring an additional 579 shares during the last quarter. Bell Bank grew its position in shares of McDonald's by 3.0% in the fourth quarter. Bell Bank now owns 12,699 shares of the fast-food giant's stock valued at $3,681,000 after purchasing an additional 371 shares in the last quarter. YANKCOM Partnership acquired a new stake in shares of McDonald's in the fourth quarter valued at approximately $1,628,000. Integral Investment Advisors Inc. lifted its position in McDonald's by 2.6% during the fourth quarter. Integral Investment Advisors Inc. now owns 6,512 shares of the fast-food giant's stock worth $1,888,000 after buying an additional 164 shares in the last quarter. Finally, PFW Advisors LLC purchased a new stake in McDonald's in the 4th quarter valued at $2,471,000. Hedge funds and other institutional investors own 70.29% of the company's stock.

McDonald's Price Performance

Shares of NYSE MCD traded up $3.77 on Monday, hitting $315.73. The company's stock had a trading volume of 3,533,694 shares, compared to its average volume of 3,572,523. McDonald's Co. has a 12-month low of $243.53 and a 12-month high of $326.32. The company has a market capitalization of $225.77 billion, a price-to-earnings ratio of 27.72, a price-to-earnings-growth ratio of 3.10 and a beta of 0.57. The stock has a 50 day moving average of $309.16 and a 200-day moving average of $299.89.

McDonald's (NYSE:MCD - Get Free Report) last released its earnings results on Thursday, May 1st. The fast-food giant reported $2.67 EPS for the quarter, hitting the consensus estimate of $2.67. McDonald's had a net margin of 31.73% and a negative return on equity of 181.63%. The firm had revenue of $5.96 billion during the quarter, compared to analysts' expectations of $6.17 billion. During the same period in the previous year, the company earned $2.70 EPS. McDonald's's revenue for the quarter was down 3.5% on a year-over-year basis. Sell-side analysts expect that McDonald's Co. will post 12.25 EPS for the current fiscal year.

McDonald's Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were given a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date was Monday, March 3rd. McDonald's's dividend payout ratio (DPR) is presently 62.49%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on MCD shares. Wedbush boosted their price target on shares of McDonald's from $320.00 to $330.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Robert W. Baird increased their price target on shares of McDonald's from $300.00 to $315.00 and gave the stock a "neutral" rating in a research report on Friday. TD Securities reiterated a "hold" rating and issued a $300.00 target price on shares of McDonald's in a report on Monday, February 10th. BTIG Research reiterated a "neutral" rating on shares of McDonald's in a report on Tuesday, April 22nd. Finally, BMO Capital Markets restated an "outperform" rating and issued a $345.00 price target (up from $340.00) on shares of McDonald's in a research note on Monday. Ten investment analysts have rated the stock with a hold rating, sixteen have issued 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 $325.48.

Insider Activity

In related news, insider Joseph M. Erlinger sold 939 shares of the firm's stock in a transaction that occurred 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 sale, the insider now directly owns 12,100 shares in the company, valued at $3,853,850. This trade represents a 7.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CMO Edith Morgan Flatley sold 3,200 shares of McDonald's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $300.76, for a total transaction of $962,432.00. Following the sale, the chief marketing officer now owns 9,858 shares in the company, valued at approximately $2,964,892.08. This represents a 24.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 28,136 shares of company stock valued at $8,676,247. Company insiders own 0.25% of the company's stock.

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.