1,511 Shares in McDonald's Co. (NYSE:MCD) Bought by Brucke Financial Inc.

Brucke Financial Inc. bought a new stake in shares of McDonald's Co. (NYSE:MCD - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,511 shares of the fast-food giant's stock, valued at approximately $436,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Atala Financial Inc bought a new position in McDonald's in the 4th quarter worth $26,000. Comprehensive Financial Planning Inc. PA purchased a new stake in McDonald's in the fourth quarter worth about $27,000. Collier Financial bought a new position in shares of McDonald's in the fourth quarter worth about $29,000. Pinney & Scofield Inc. bought a new position in shares of McDonald's in the fourth quarter worth about $29,000. Finally, Fairway Wealth LLC lifted its position in shares of McDonald's by 110.0% during the 4th quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant's stock valued at $30,000 after buying an additional 55 shares in the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

McDonald's Stock Performance

NYSE MCD traded up $1.82 on Friday, reaching $313.68. 4,056,929 shares of the stock traded hands, compared to its average volume of 3,526,384. McDonald's Co. has a 12 month low of $243.53 and a 12 month high of $326.32. The company has a market cap of $224.29 billion, a price-to-earnings ratio of 27.54, a PEG ratio of 3.10 and a beta of 0.57. The company has a fifty day moving average price of $312.40 and a 200-day moving average price of $302.00.

McDonald's (NYSE:MCD - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The fast-food giant reported $2.67 earnings per share for the quarter, meeting the consensus estimate of $2.67. The firm had revenue of $5.96 billion during the quarter, compared to the consensus estimate of $6.17 billion. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. The firm's quarterly revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.70 earnings per share. As a group, research analysts anticipate 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 will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a dividend of $1.77 per share. The ex-dividend date is Monday, June 2nd. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.26%. McDonald's's dividend payout ratio is presently 62.49%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on MCD. Morgan Stanley lowered their price target on shares of McDonald's from $340.00 to $335.00 and set an "overweight" rating on the stock in a report on Monday, March 17th. Erste Group Bank cut shares of McDonald's from a "strong-buy" rating to a "hold" rating in a research note on Saturday, May 24th. Barclays upped their price objective on McDonald's from $347.00 to $355.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. Robert W. Baird boosted their price target on McDonald's from $300.00 to $315.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. Finally, Citigroup increased 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. Twelve equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat.com, McDonald's has a consensus rating of "Moderate Buy" and a consensus price target of $325.91.

Insider Activity at McDonald's

In related news, insider Joseph M. Erlinger sold 939 shares of the firm's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $315.07, for a total transaction of $295,850.73. Following the sale, the insider now owns 11,161 shares of the company's stock, valued at $3,516,496.27. This trade represents a 7.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.25% of the stock is currently owned by corporate insiders.

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.