Park Square Financial Group LLC Makes New $390,000 Investment in McDonald's Co. (NYSE:MCD)

Park Square Financial Group LLC acquired a new position in shares of McDonald's Co. (NYSE:MCD - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,345 shares of the fast-food giant's stock, valued at approximately $390,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Atala Financial Inc purchased a new stake in shares of McDonald's in the fourth quarter valued at about $26,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of McDonald's in the fourth quarter valued at about $27,000. Collier Financial acquired a new stake in shares of McDonald's in the fourth quarter valued at about $29,000. Pinney & Scofield Inc. acquired a new stake in shares of McDonald's in the fourth quarter valued at about $29,000. Finally, Fairway Wealth LLC lifted 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 valued at $30,000 after purchasing an additional 55 shares during the period. 70.29% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other McDonald's news, insider Joseph M. Erlinger sold 939 shares of the stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $318.50, for a total transaction of $299,071.50. Following the transaction, the insider now owns 12,100 shares in the company, valued at $3,853,850. This trade represents a 7.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.25% of the company's stock.

Analyst Upgrades and Downgrades

MCD has been the subject of several recent analyst reports. BTIG Research reiterated a "neutral" rating on shares of McDonald's in a research note on Tuesday, April 22nd. TD Securities restated a "hold" rating and set a $300.00 target price on shares of McDonald's in a research report on Monday, February 10th. Robert W. Baird lifted their target price on shares of McDonald's from $300.00 to $315.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Wedbush lifted their target price on shares of McDonald's from $320.00 to $330.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Finally, KeyCorp lifted their target price on shares of McDonald's from $335.00 to $340.00 and gave the stock an "overweight" rating in a research report on Thursday, March 27th. Twelve equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, McDonald's currently has an average rating of "Moderate Buy" and an average target price of $325.91.

McDonald's Trading Down 0.3%

MCD stock traded down $1.02 during mid-day trading on Thursday, reaching $311.82. 2,248,762 shares of the stock traded hands, compared to its average volume of 3,524,529. McDonald's Co. has a 52-week low of $243.53 and a 52-week high of $326.32. The company has a market cap of $222.96 billion, a P/E ratio of 27.38, a P/E/G ratio of 3.10 and a beta of 0.57. The stock's fifty day moving average is $312.15 and its 200-day moving average is $301.82.

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

McDonald's Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Monday, June 2nd. McDonald's's dividend payout ratio (DPR) is presently 62.49%.

McDonald's Company 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.