McDonald's (NYSE:MCD) Trading Down 0.4% - What's Next?

McDonald's Co. (NYSE:MCD - Get Free Report) shares fell 0.4% on Tuesday . The stock traded as low as $313.00 and last traded at $315.63. 503,264 shares changed hands during trading, a decline of 86% from the average session volume of 3,557,302 shares. The stock had previously closed at $316.81.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MCD. Robert W. Baird decreased their target price on McDonald's from $310.00 to $300.00 and set a "neutral" rating for the company in a research note on Monday, April 7th. BTIG Research restated a "neutral" rating on shares of McDonald's in a research note on Tuesday, April 22nd. Bank of America raised their target price on McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a research note on Tuesday, February 11th. TD Securities restated a "hold" rating and set a $300.00 price target on shares of McDonald's in a research report on Monday, February 10th. Finally, Barclays cut their price objective on shares of McDonald's from $350.00 to $347.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Ten investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $322.74.

McDonald's Stock Down 0.3 %

The business has a 50-day simple moving average of $308.48 and a 200-day simple moving average of $299.83. The stock has a market cap of $225.60 billion, a P/E ratio of 27.72, a PEG ratio of 3.10 and a beta of 0.62.

McDonald's (NYSE:MCD - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The fast-food giant reported $2.83 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.83. McDonald's had a net margin of 31.73% and a negative return on equity of 181.63%. On average, analysts predict that McDonald's Co. will post 12.25 earnings per share for the current fiscal year.

McDonald's Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a $1.77 dividend. This represents a $7.08 annualized dividend and a yield of 2.24%. The ex-dividend date of this dividend was Monday, March 3rd. McDonald's's dividend payout ratio is currently 62.16%.

Insider Activity

In related news, CEO Christopher J. Kempczinski sold 10,500 shares of the firm's stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $310.05, for a total transaction of $3,255,525.00. Following the completion of the sale, the chief executive officer now directly owns 32,756 shares of the company's stock, valued at $10,155,997.80. This trade represents a 24.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 939 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $305.00, for a total transaction of $286,395.00. Following the sale, the insider now directly owns 13,978 shares in the company, valued at approximately $4,263,290. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,136 shares of company stock valued at $8,676,247. 0.25% of the stock is owned by company insiders.

Institutional Investors Weigh In On McDonald's

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mattern Capital Management LLC raised its holdings in McDonald's by 2.0% in the fourth quarter. Mattern Capital Management LLC now owns 30,110 shares of the fast-food giant's stock worth $8,729,000 after purchasing an additional 579 shares during the period. Bell Bank lifted its holdings in McDonald's by 3.0% during the fourth quarter. Bell Bank now owns 12,699 shares of the fast-food giant's stock worth $3,681,000 after acquiring an additional 371 shares in the last quarter. YANKCOM Partnership acquired a new position in McDonald's in the fourth quarter valued at about $1,628,000. Integral Investment Advisors Inc. increased its holdings in shares of McDonald's by 2.6% in the fourth quarter. Integral Investment Advisors Inc. now owns 6,512 shares of the fast-food giant's stock worth $1,888,000 after acquiring an additional 164 shares in the last quarter. Finally, PFW Advisors LLC acquired a new stake in shares of McDonald's during the fourth quarter worth about $2,471,000. Institutional investors own 70.29% of the company's stock.

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.

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