DSG Capital Advisors LLC Acquires Shares of 2,282 McDonald's Co. (NYSE:MCD)

DSG Capital Advisors LLC purchased a new position in shares of McDonald's Co. (NYSE:MCD - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,282 shares of the fast-food giant's stock, valued at approximately $662,000.

Several other hedge funds also recently made changes to their positions in the business. Chancellor Financial Group WB LP bought a new stake in shares of McDonald's during the 4th quarter worth approximately $656,000. Wealth Enhancement Advisory Services LLC increased its holdings in McDonald's by 19.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 437,959 shares of the fast-food giant's stock worth $126,960,000 after buying an additional 72,296 shares during the last quarter. NorthCrest Asset Manangement LLC increased its holdings in McDonald's by 2.5% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 2,897 shares of the fast-food giant's stock worth $839,000 after buying an additional 71 shares during the last quarter. Tableaux LLC bought a new stake in McDonald's during the fourth quarter worth $415,000. Finally, Wealthedge Investment Advisors LLC acquired a new stake in McDonald's in the fourth quarter valued at $415,000. 70.29% of the stock is owned by institutional investors.

Insider Buying and Selling

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

Analyst Ratings Changes

MCD has been the topic of several recent analyst reports. BMO Capital Markets restated an "outperform" rating and set a $345.00 price objective (up from $340.00) on shares of McDonald's in a research note on Monday, May 5th. Northcoast Research cut McDonald's from a "buy" rating to a "neutral" rating in a report on Tuesday, May 6th. BTIG Research restated a "neutral" rating on shares of McDonald's in a research note on Tuesday, April 22nd. KeyCorp boosted their target price on McDonald's from $335.00 to $340.00 and gave the stock an "overweight" rating in a report on Thursday, March 27th. Finally, JPMorgan Chase & Co. raised their price target on McDonald's from $280.00 to $300.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Twelve analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to data from MarketBeat.com, McDonald's presently has a consensus rating of "Moderate Buy" and an average target price of $325.91.

McDonald's Stock Up 0.6%

NYSE MCD opened at $313.68 on Monday. The company has a market capitalization of $224.29 billion, a P/E ratio of 27.54, a P/E/G ratio of 3.10 and a beta of 0.57. The firm has a 50-day moving average price of $312.40 and a two-hundred day moving average price of $302.06. 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 issued its quarterly earnings results on Thursday, May 1st. The fast-food giant reported $2.67 EPS for the quarter, hitting analysts' consensus estimates of $2.67. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. The business had revenue of $5.96 billion for the quarter, compared to analyst estimates of $6.17 billion. During the same period last year, the company posted $2.70 earnings per share. McDonald's's quarterly revenue was down 3.5% compared to the same quarter last year. Equities analysts expect that McDonald's Co. will post 12.25 EPS for the current year.

McDonald's Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be issued a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date is Monday, June 2nd. McDonald's's dividend payout ratio (DPR) is presently 62.49%.

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.