Coppell Advisory Solutions LLC Decreases Stock Holdings in McDonald's Co. (NYSE:MCD)

Coppell Advisory Solutions LLC lessened its position in shares of McDonald's Co. (NYSE:MCD - Free Report) by 21.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,318 shares of the fast-food giant's stock after selling 2,579 shares during the quarter. Coppell Advisory Solutions LLC's holdings in McDonald's were worth $2,698,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in McDonald's by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 70,169,342 shares of the fast-food giant's stock valued at $20,341,391,000 after buying an additional 526,466 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of McDonald's by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 16,074,438 shares of the fast-food giant's stock valued at $4,652,768,000 after acquiring an additional 157,458 shares in the last quarter. Capital Research Global Investors raised its position in shares of McDonald's by 5.2% in the 4th quarter. Capital Research Global Investors now owns 10,652,445 shares of the fast-food giant's stock valued at $3,088,037,000 after purchasing an additional 531,070 shares during the last quarter. Norges Bank acquired a new stake in McDonald's in the 4th quarter worth approximately $2,725,190,000. Finally, Bank of New York Mellon Corp grew its position in McDonald's by 0.9% during the 4th quarter. Bank of New York Mellon Corp now owns 5,803,833 shares of the fast-food giant's stock worth $1,682,473,000 after purchasing an additional 52,195 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company's stock.

McDonald's Stock Up 0.1 %

Shares of MCD traded up $0.38 during trading on Friday, reaching $316.60. 2,282,688 shares of the company traded hands, compared to its average volume of 3,573,333. The stock has a 50-day simple moving average of $308.18 and a 200-day simple moving average of $299.78. The stock has a market cap of $226.20 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 3.10 and a beta of 0.62. McDonald's Co. has a twelve month low of $243.53 and a twelve 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 earnings per share for the quarter, meeting the consensus estimate of $2.83. McDonald's had a net margin of 31.73% and a negative return on equity of 181.63%. On average, equities research analysts predict that McDonald's Co. will post 12.25 EPS for the current year.

McDonald's Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued 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 62.16%.

Insider Buying and Selling at McDonald's

In related news, insider Joseph M. Erlinger sold 939 shares of McDonald's stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of $318.50, for a total value of $299,071.50. Following the completion of the transaction, the insider now owns 12,100 shares in the company, valued at approximately $3,853,850. The trade was a 7.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Christopher J. Kempczinski sold 10,500 shares of the stock in a transaction that occurred 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 sale, the chief executive officer now owns 32,756 shares in the company, valued at approximately $10,155,997.80. This trade represents a 24.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 28,136 shares of company stock valued at $8,676,247 in the last three months. 0.25% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have commented on MCD shares. BTIG Research reaffirmed a "neutral" rating on shares of McDonald's in a research report on Tuesday. JPMorgan Chase & Co. increased their price target on shares of McDonald's from $280.00 to $300.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. BMO Capital Markets lifted their price objective on shares of McDonald's from $335.00 to $340.00 and gave the company an "outperform" rating in a research note on Tuesday, February 11th. Barclays cut their price objective on shares of McDonald's from $350.00 to $347.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Finally, Bank of America upped their price target on shares of McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $322.74.

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.