Siemens Fonds Invest GmbH Buys 8,895 Shares of McDonald's Co. (NYSE:MCD)

Siemens Fonds Invest GmbH increased its stake in shares of McDonald's Co. (NYSE:MCD - Free Report) by 57.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,364 shares of the fast-food giant's stock after buying an additional 8,895 shares during the quarter. Siemens Fonds Invest GmbH's holdings in McDonald's were worth $7,056,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Atala Financial Inc bought a new stake in shares of McDonald's in the 4th quarter worth $26,000. Comprehensive Financial Planning Inc. PA bought a new stake in McDonald's in the 4th quarter worth about $27,000. Collier Financial purchased a new stake in McDonald's in the 4th quarter valued at about $29,000. Pinney & Scofield Inc. purchased a new stake in McDonald's in the 4th quarter valued at 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 worth $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.

Insider Activity

In related news, insider Joseph M. Erlinger sold 939 shares of the business'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 completion of the transaction, the insider now directly owns 11,161 shares in the company, valued at $3,516,496.27. The trade was a 7.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.25% of the company's stock.

McDonald's Stock Up 0.6%

Shares of NYSE:MCD traded up $1.82 during midday trading on Friday, reaching $313.68. 4,056,625 shares of the company traded hands, compared to its average volume of 3,526,663. The firm's fifty day moving average price is $312.27 and its two-hundred day moving average price is $301.89. The firm has a market capitalization of $224.29 billion, a price-to-earnings ratio of 27.54, a price-to-earnings-growth ratio of 3.10 and a beta of 0.57. 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 announced its quarterly earnings results on Thursday, May 1st. The fast-food giant reported $2.67 earnings per share (EPS) for the quarter, hitting 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 firm had revenue of $5.96 billion for the quarter, compared to the consensus estimate of $6.17 billion. During the same period in the prior year, the firm posted $2.70 earnings per share. The company's revenue for the quarter was down 3.5% on a year-over-year basis. Analysts forecast that McDonald's Co. will post 12.25 earnings per share for the current year.

McDonald's Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be issued a $1.77 dividend. This represents a $7.08 annualized dividend and a yield of 2.26%. The ex-dividend date is Monday, June 2nd. McDonald's's payout ratio is 62.49%.

Analyst Ratings Changes

Several research firms have recently issued reports on MCD. KeyCorp upped their target price on McDonald's from $335.00 to $340.00 and gave the company an "overweight" rating in a report on Thursday, March 27th. Northcoast Research downgraded McDonald's from a "buy" rating to a "neutral" rating in a research note on Tuesday, May 6th. BMO Capital Markets reaffirmed an "outperform" rating and set a $345.00 target price (up from $340.00) on shares of McDonald's in a research report on Monday, May 5th. Morgan Stanley cut 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. Finally, Citigroup increased their price target on shares of McDonald's from $353.00 to $364.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Twelve research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $325.91.

McDonald's 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.