Universal Beteiligungs und Servicegesellschaft mbH Purchases New Shares in McDonald's Co. (NYSE:MCD)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in McDonald's Co. (NYSE:MCD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 730,705 shares of the fast-food giant's stock, valued at approximately $211,824,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.10% of McDonald's at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in MCD. Atala Financial Inc acquired a new position in shares of McDonald's in the 4th quarter valued at $26,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of McDonald's in the 4th quarter worth $27,000. Collier Financial acquired a new stake in shares of McDonald's in the 4th quarter worth $29,000. Pinney & Scofield Inc. purchased a new position in shares of McDonald's in the 4th quarter valued at about $29,000. Finally, Fairway Wealth LLC increased its holdings in shares of 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 purchasing an additional 55 shares in the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets reiterated an "outperform" rating and issued a $345.00 price target (up previously from $340.00) on shares of McDonald's in a report on Monday, May 5th. Erste Group Bank downgraded shares of McDonald's from a "strong-buy" rating to a "hold" rating in a report on Saturday, May 24th. Robert W. Baird boosted their price objective on shares of McDonald's from $300.00 to $315.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. BTIG Research reiterated a "neutral" rating on shares of McDonald's in a research note on Tuesday, April 22nd. Finally, Bank of America upped their price target on shares of McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a report on Tuesday, February 11th. Twelve investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $325.91.

Insider Buying and Selling at McDonald's

In other news, insider Joseph M. Erlinger sold 939 shares of the firm'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. This trade represents a 7.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.25% of the company's stock.

McDonald's Trading Up 0.6%

Shares of MCD traded up $1.82 during midday trading on Friday, hitting $313.68. The stock had a trading volume of 4,056,929 shares, compared to its average volume of 3,526,384. The business has a 50-day simple moving average of $312.40 and a two-hundred day simple moving average of $302.00. 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 Co. has a fifty-two week low of $243.53 and a fifty-two week high of $326.32.

McDonald's (NYSE:MCD - Get Free Report) last posted 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. The business had revenue of $5.96 billion during the quarter, compared to analyst estimates of $6.17 billion. McDonald's had a net margin of 31.73% and a negative return on equity of 181.63%. The firm's revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.70 earnings per share. On average, analysts expect that McDonald's Co. will post 12.25 earnings per share for the current fiscal year.

McDonald's Announces Dividend

The business 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 dividend of $1.77 per share. The ex-dividend date of this dividend is Monday, June 2nd. This represents a $7.08 annualized dividend and a yield of 2.26%. McDonald's's dividend payout ratio (DPR) is presently 62.49%.

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.