Boston Trust Walden Corp Has $20.36 Million Holdings in McDonald's Corporation (NYSE:MCD)

Boston Trust Walden Corp trimmed its stake in McDonald's Corporation (NYSE:MCD - Free Report) by 3.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,165 shares of the fast-food giant's stock after selling 2,187 shares during the quarter. Boston Trust Walden Corp's holdings in McDonald's were worth $20,356,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MCD. Mascagni Wealth Management Inc. bought a new stake in McDonald's in the fourth quarter valued at $25,000. Atala Financial Inc bought a new stake in McDonald's in the fourth quarter valued at $26,000. Pinney & Scofield Inc. bought a new stake in McDonald's in the fourth quarter valued at $29,000. Fairway Wealth LLC increased its stake in 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 in the last quarter. Finally, GKV Capital Management Co. Inc. bought a new stake in McDonald's in the fourth quarter valued at $30,000. 70.29% of the stock is owned by institutional investors.

Insider Buying and Selling at McDonald's

In other McDonald's news, insider Joseph M. Erlinger sold 939 shares of the business's stock in a transaction dated Wednesday, April 23rd. The shares were sold at an average price of $318.50, for a total value of $299,071.50. Following the transaction, the insider now directly owns 12,100 shares in the company, valued at $3,853,850. The trade was a 7.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.25% of the company's stock.

McDonald's Stock Down 1.1%

MCD opened at $289.24 on Friday. The stock has a market cap of $206.81 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 3.02 and a beta of 0.56. McDonald's Corporation has a twelve month low of $243.53 and a twelve month high of $326.32. The company's 50-day moving average price is $311.02 and its two-hundred day moving average price is $302.84.

McDonald's (NYSE:MCD - Get Free Report) last released its earnings results on Thursday, May 1st. The fast-food giant reported $2.67 earnings per share for the quarter, meeting analysts' consensus estimates of $2.67. The firm had revenue of $5.96 billion for the quarter, compared to analysts' expectations of $6.17 billion. McDonald's had a net margin of 31.75% and a negative return on equity of 195.27%. The company's quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the company earned $2.70 earnings per share. As a group, sell-side analysts anticipate that McDonald's Corporation will post 12.25 earnings per share for the current year.

McDonald's Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were paid a $1.77 dividend. This represents a $7.08 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date was Monday, June 2nd. McDonald's's payout ratio is 62.49%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on MCD shares. Barclays lifted their price target on shares of McDonald's from $347.00 to $355.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. TD Securities reiterated a "hold" rating and set a $305.00 price objective on shares of McDonald's in a report on Thursday, June 5th. Citigroup lifted their price objective on shares of McDonald's from $353.00 to $364.00 and gave the company a "buy" rating in a report on Friday, May 2nd. Robert W. Baird lifted their price objective on shares of McDonald's from $300.00 to $315.00 and gave the company a "neutral" rating in a report on Friday, May 2nd. Finally, Redburn Atlantic reiterated a "sell" rating and set a $260.00 price objective (down from $319.00) on shares of McDonald's in a report on Tuesday, June 10th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $321.79.

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.

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