Banco Bilbao Vizcaya Argentaria S.A. Acquires 1,179 Shares of McDonald's Co. (NYSE:MCD)

Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of McDonald's Co. (NYSE:MCD - Free Report) by 1.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,691 shares of the fast-food giant's stock after buying an additional 1,179 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in McDonald's were worth $24,055,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MCD. Atala Financial Inc bought a new position in shares of McDonald's during the 4th quarter valued at $26,000. Comprehensive Financial Planning Inc. PA purchased a new stake in McDonald's during the fourth quarter valued at about $27,000. Collier Financial bought a new position in shares of McDonald's during the fourth quarter valued at about $29,000. Fairway Wealth LLC increased its holdings 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 shares of McDonald's in the 4th quarter valued at about $30,000. Institutional investors own 70.29% of the company's stock.

Wall Street Analysts Forecast Growth

MCD has been the subject of several recent research reports. Robert W. Baird lowered their price objective on McDonald's from $310.00 to $300.00 and set a "neutral" rating for the company in a research report on Monday, April 7th. Truist Financial lowered their price target on shares of McDonald's from $342.00 to $340.00 and set a "buy" rating for the company in a report on Tuesday, February 11th. BMO Capital Markets boosted their price objective on shares of McDonald's from $335.00 to $340.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. KeyCorp increased their target price on shares of McDonald's from $335.00 to $340.00 and gave the stock an "overweight" rating in a report on Thursday, March 27th. Finally, TD Securities restated a "hold" rating and set a $300.00 price target on shares of McDonald's in a report on Monday, February 10th. Ten equities research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, McDonald's presently has a consensus rating of "Moderate Buy" and an average price target of $322.74.

Insider Buying and Selling

In other news, insider Joseph M. Erlinger sold 939 shares of McDonald's stock in a transaction 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 transaction, the insider now owns 13,978 shares in the company, valued at $4,263,290. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the company's stock in a transaction 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 sale, the executive vice president now owns 5,564 shares of the company's stock, valued at $1,720,778.28. This trade represents a 15.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 28,136 shares of company stock valued at $8,676,247. 0.25% of the stock is owned by insiders.

McDonald's Trading Down 0.6 %

NYSE:MCD traded down $1.96 during mid-day trading on Monday, reaching $314.78. The company's stock had a trading volume of 963,420 shares, compared to its average volume of 3,563,062. The firm's fifty day moving average price is $308.18 and its two-hundred day moving average price is $299.75. The stock has a market cap of $224.90 billion, a P/E ratio of 27.64, a PEG ratio of 3.10 and a beta of 0.62. McDonald's Co. has a 12-month low of $243.53 and a 12-month high of $326.32.

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

McDonald's Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were paid a $1.77 dividend. This represents a $7.08 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend was Monday, March 3rd. McDonald's's dividend payout ratio (DPR) is presently 62.16%.

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.