McDonald's Corporation (NYSE:MCD) is Revisor Wealth Management LLC's 9th Largest Position

Revisor Wealth Management LLC lifted its stake in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 2,072.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,858 shares of the fast-food giant's stock after acquiring an additional 17,036 shares during the quarter. McDonald's comprises approximately 2.5% of Revisor Wealth Management LLC's holdings, making the stock its 9th largest position. Revisor Wealth Management LLC's holdings in McDonald's were worth $5,578,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MCD. Mascagni Wealth Management Inc. acquired a new position in McDonald's during the fourth quarter valued at approximately $25,000. Atala Financial Inc bought a new stake in shares of McDonald's during the 4th quarter worth $26,000. Pinney & Scofield Inc. acquired a new position in McDonald's in the 4th quarter valued at $29,000. Fairway Wealth LLC grew its stake in McDonald's by 110.0% in 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 during the last quarter. Finally, GKV Capital Management Co. Inc. bought a new position in McDonald's in the 4th quarter worth $30,000. Institutional investors and hedge funds own 70.29% of the company's stock.

McDonald's Stock Performance

NYSE:MCD traded down $0.83 during trading hours on Friday, reaching $293.80. The stock had a trading volume of 1,678,645 shares, compared to its average volume of 3,538,951. The stock has a market cap of $210.08 billion, a P/E ratio of 25.93, a price-to-earnings-growth ratio of 3.07 and a beta of 0.53. The stock has a 50 day simple moving average of $306.11 and a 200 day simple moving average of $302.36. McDonald's Corporation has a 12-month low of $243.53 and a 12-month high of $326.32.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings data 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 31.75% and a negative return on equity of 195.27%. The company had revenue of $5.96 billion during the quarter, compared to the consensus estimate of $6.17 billion. During the same period in the previous year, the firm posted $2.70 EPS. The firm's revenue was down 3.5% compared to the same quarter last year. On average, equities analysts expect that McDonald's Corporation will post 12.25 earnings per share for the current fiscal year.

McDonald's Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were issued a $1.77 dividend. The ex-dividend date was Monday, June 2nd. This represents a $7.08 dividend on an annualized basis and a yield of 2.41%. McDonald's's dividend payout ratio (DPR) is 62.49%.

Insider Transactions at McDonald's

In other news, insider Joseph M. Erlinger sold 939 shares of the business's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $288.52, for a total value of $270,920.28. Following the completion of the transaction, the insider owned 10,222 shares in the company, valued at $2,949,251.44. The trade was a 8.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders have sold 2,817 shares of company stock worth $865,843. Company insiders own 0.25% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MCD shares. Citigroup upped their price target 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. TD Securities restated a "hold" rating and set a $305.00 target price on shares of McDonald's in a research note on Thursday, June 5th. Loop Capital downgraded McDonald's from a "buy" rating to a "hold" rating and dropped their price target for the stock from $346.00 to $315.00 in a research report on Friday, June 6th. BTIG Research reiterated a "neutral" rating on shares of McDonald's in a report on Tuesday, April 22nd. Finally, Morgan Stanley restated an "equal weight" rating and issued a $324.00 price objective (down previously from $329.00) on shares of McDonald's in a research note on Monday, June 9th. One research 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's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $321.17.

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.