1,432 Shares in McDonald's Co. (NYSE:MCD) Purchased by Tableaux LLC

Tableaux LLC acquired a new position in shares of McDonald's Co. (NYSE:MCD - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,432 shares of the fast-food giant's stock, valued at approximately $415,000.

Several other hedge funds have also recently bought and sold shares of MCD. Atala Financial Inc bought a new stake in McDonald's in the 4th quarter valued at about $26,000. Comprehensive Financial Planning Inc. PA acquired a new position in McDonald's during the 4th quarter valued at about $27,000. Collier Financial acquired a new position in McDonald's during the 4th quarter valued at about $29,000. Pinney & Scofield Inc. acquired a new position in McDonald's during the 4th quarter valued at about $29,000. Finally, Fairway Wealth LLC increased its stake in 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 during the period. 70.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on MCD. JPMorgan Chase & Co. raised their target price on shares of McDonald's from $280.00 to $300.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Erste Group Bank downgraded shares of McDonald's from a "strong-buy" rating to a "hold" rating in a research report on Saturday, May 24th. TD Securities restated a "hold" rating and set a $300.00 price target on shares of McDonald's in a report on Monday, February 10th. BTIG Research reiterated a "neutral" rating on shares of McDonald's in a research note on Tuesday, April 22nd. Finally, Northcoast Research cut shares of McDonald's from a "buy" rating to a "neutral" rating in a research note on Tuesday, May 6th. Twelve equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to data from MarketBeat.com, McDonald's has an average rating of "Moderate Buy" and a consensus price target of $325.91.

McDonald's Stock Up 0.6%

McDonald's stock traded up $1.82 on Friday, hitting $313.68. The company's stock had a trading volume of 4,056,929 shares, compared to its average volume of 3,515,946. McDonald's Co. has a one year low of $243.53 and a one year high of $326.32. The company has a fifty day moving average price of $312.40 and a 200-day moving average price of $302.06. The firm has a market cap of $224.29 billion, a P/E ratio of 27.54, a price-to-earnings-growth ratio of 3.10 and a beta of 0.57.

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

Insider Activity

In other news, insider Joseph M. Erlinger sold 939 shares of the business's stock in a transaction on Wednesday, April 23rd. The shares were sold at an average price of $318.50, for a total value of $299,071.50. Following the sale, the insider now owns 12,100 shares in the company, valued at approximately $3,853,850. The trade was a 7.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.25% of the stock is owned by corporate insiders.

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.