Van Lanschot Kempen Investment Management N.V. Sells 1,473 Shares of McDonald's Co. (NYSE:MCD)

Van Lanschot Kempen Investment Management N.V. decreased its holdings in McDonald's Co. (NYSE:MCD - Free Report) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 42,582 shares of the fast-food giant's stock after selling 1,473 shares during the period. Van Lanschot Kempen Investment Management N.V.'s holdings in McDonald's were worth $12,344,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Boltwood Capital Management boosted its stake in McDonald's by 1.9% in the 4th quarter. Boltwood Capital Management now owns 1,882 shares of the fast-food giant's stock worth $546,000 after purchasing an additional 35 shares in the last quarter. Pettee Investors Inc. raised its stake in shares of McDonald's by 0.7% during the 4th quarter. Pettee Investors Inc. now owns 5,401 shares of the fast-food giant's stock valued at $1,566,000 after buying an additional 35 shares during the last quarter. Covestor Ltd lifted its holdings in McDonald's by 4.1% in the fourth quarter. Covestor Ltd now owns 899 shares of the fast-food giant's stock valued at $261,000 after acquiring an additional 35 shares during the period. Modus Advisors LLC grew its position in McDonald's by 0.4% during the fourth quarter. Modus Advisors LLC now owns 9,396 shares of the fast-food giant's stock valued at $2,724,000 after buying an additional 36 shares during the period. Finally, Independent Wealth Network Inc. increased its stake in shares of McDonald's by 5.1% in the 4th quarter. Independent Wealth Network Inc. now owns 736 shares of the fast-food giant's stock valued at $213,000 after purchasing an additional 36 shares in the last quarter. Hedge funds and other institutional investors own 70.29% of the company's stock.

McDonald's Trading Up 0.1 %

MCD stock traded up $0.38 during mid-day trading on Friday, hitting $316.60. 2,282,688 shares of the company were exchanged, compared to its average volume of 3,573,585. The company has a market capitalization of $226.20 billion, a PE ratio of 27.80, a price-to-earnings-growth ratio of 3.10 and a beta of 0.62. The firm has a fifty day simple moving average of $308.18 and a 200 day simple moving average of $299.80. McDonald's Co. has a twelve month low of $243.53 and a twelve month high of $326.32.

McDonald's (NYSE:MCD - Get Free Report) last issued its earnings results on Monday, February 10th. The fast-food giant reported $2.83 earnings per share for the quarter, hitting the consensus estimate of $2.83. McDonald's had a negative return on equity of 181.63% and a net margin of 31.73%. As a group, sell-side analysts anticipate that McDonald's Co. will post 12.25 earnings per share for the current year.

McDonald's Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a dividend of $1.77 per share. This represents a $7.08 annualized dividend and a dividend yield of 2.24%. The ex-dividend date was Monday, March 3rd. McDonald's's dividend payout ratio (DPR) is presently 62.16%.

Insider Activity at McDonald's

In other McDonald's news, insider Joseph M. Erlinger sold 939 shares of McDonald's stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $318.50, for a total transaction of $299,071.50. Following the transaction, the insider now owns 12,100 shares of the company's stock, valued at $3,853,850. The trade was a 7.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CMO Edith Morgan Flatley sold 3,200 shares of McDonald's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $300.76, for a total value of $962,432.00. Following the sale, the chief marketing officer now directly owns 9,858 shares of the company's stock, valued at approximately $2,964,892.08. The trade was a 24.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 28,136 shares of company stock valued at $8,676,247 over the last ninety days. Insiders own 0.25% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Bank of America lifted their target price on shares of McDonald's from $312.00 to $316.00 and gave the company a "neutral" rating in a research report on Tuesday, February 11th. Erste Group Bank upgraded McDonald's from a "hold" rating to a "strong-buy" rating in a report on Monday, March 17th. Loop Capital reissued a "buy" rating and set a $342.00 price objective on shares of McDonald's in a research report on Friday, January 3rd. Morgan Stanley lowered their price target on McDonald's from $340.00 to $335.00 and set an "overweight" rating for the company in a report on Monday, March 17th. Finally, JPMorgan Chase & Co. upped their price target on shares of McDonald's from $280.00 to $300.00 and gave the company an "overweight" rating in a research report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $322.74.

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.