Schnieders Capital Management LLC Has $3.85 Million Stock Position in McDonald's Co. (NYSE:MCD)

Schnieders Capital Management LLC lessened its holdings in shares of McDonald's Co. (NYSE:MCD - Free Report) by 40.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,975 shares of the fast-food giant's stock after selling 8,873 shares during the quarter. Schnieders Capital Management LLC's holdings in McDonald's were worth $3,847,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MCD. Douglas Lane & Associates LLC grew its stake in McDonald's by 3.8% in the 3rd quarter. Douglas Lane & Associates LLC now owns 2,129 shares of the fast-food giant's stock valued at $561,000 after buying an additional 78 shares during the last quarter. Onyx Bridge Wealth Group LLC increased its stake in shares of McDonald's by 14.1% during the third quarter. Onyx Bridge Wealth Group LLC now owns 1,067 shares of the fast-food giant's stock worth $281,000 after purchasing an additional 132 shares during the period. Flagship Harbor Advisors LLC lifted its holdings in McDonald's by 9.4% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 6,527 shares of the fast-food giant's stock worth $1,719,000 after purchasing an additional 563 shares during the last quarter. Impact Partnership Wealth LLC boosted its stake in McDonald's by 479.4% in the 3rd quarter. Impact Partnership Wealth LLC now owns 394 shares of the fast-food giant's stock valued at $104,000 after purchasing an additional 326 shares during the period. Finally, Leonard Rickey Investment Advisors P.L.L.C. acquired a new position in McDonald's in the 3rd quarter valued at $285,000. Institutional investors and hedge funds own 70.29% of the company's stock.

Insider Buying and Selling at McDonald's

In other McDonald's news, insider Joseph M. Erlinger sold 1,098 shares of the business's stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $276.64, for a total transaction of $303,750.72. Following the completion of the sale, the insider now owns 16,977 shares in the company, valued at approximately $4,696,517.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Joseph M. Erlinger sold 1,098 shares of the firm's stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $276.64, for a total value of $303,750.72. Following the transaction, the insider now owns 16,977 shares of the company's stock, valued at approximately $4,696,517.28. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Joseph M. Erlinger sold 1,099 shares of the business's stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $284.38, for a total value of $312,533.62. Following the sale, the insider now directly owns 18,075 shares of the company's stock, valued at $5,140,168.50. The disclosure for this sale can be found here. Insiders own 0.23% of the company's stock.

McDonald's Stock Up 0.4 %

McDonald's stock traded up $1.23 during trading hours on Tuesday, reaching $276.81. 3,275,408 shares of the company's stock were exchanged, compared to its average volume of 3,243,950. The firm's 50 day simple moving average is $282.61 and its 200 day simple moving average is $281.45. McDonald's Co. has a twelve month low of $245.73 and a twelve month high of $302.39. The firm has a market capitalization of $199.58 billion, a PE ratio of 23.92, a PEG ratio of 2.99 and a beta of 0.71.

McDonald's (NYSE:MCD - Get Free Report) last announced its quarterly earnings data on Monday, February 5th. The fast-food giant reported $2.95 EPS for the quarter, topping the consensus estimate of $2.83 by $0.12. McDonald's had a net margin of 33.22% and a negative return on equity of 171.96%. The company had revenue of $6.41 billion during the quarter, compared to the consensus estimate of $6.45 billion. During the same quarter last year, the firm posted $2.59 EPS. The company's quarterly revenue was up 8.1% on a year-over-year basis. Analysts anticipate that McDonald's Co. will post 12.33 EPS for the current year.

McDonald's Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were paid a $1.67 dividend. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $6.68 dividend on an annualized basis and a yield of 2.41%. McDonald's's dividend payout ratio (DPR) is presently 57.74%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MCD. Morgan Stanley cut their price objective on shares of McDonald's from $327.00 to $320.00 and set an "overweight" rating for the company in a report on Friday, April 12th. Robert W. Baird restated an "outperform" rating and set a $315.00 price objective on shares of McDonald's in a research note on Tuesday, February 6th. BTIG Research cut McDonald's from a "buy" rating to a "neutral" rating in a report on Tuesday, February 6th. Bank of America increased their target price on McDonald's from $291.00 to $341.00 and gave the stock a "neutral" rating in a report on Monday, January 29th. Finally, Evercore ISI reaffirmed an "outperform" rating and issued a $330.00 price target on shares of McDonald's in a research note on Wednesday, March 27th. Nine investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company. According to MarketBeat, McDonald's presently has an average rating of "Moderate Buy" and a consensus target price of $319.72.

McDonald's Profile

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions.

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