Schnieders Capital Management LLC Decreases Stock Holdings in McDonald’s Co. (NYSE:MCD)

Schnieders Capital Management LLC lowered its position in shares of McDonald’s Co. (NYSE:MCD) by 40.6% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,975 shares of the fast-food giant’s stock after selling 8,873 shares during the period. Schnieders Capital Management LLC’s holdings in McDonald’s were worth $3,847,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC lifted its stake in McDonald’s by 51.9% in the third quarter. Blue Bell Private Wealth Management LLC now owns 123 shares of the fast-food giant’s stock worth $32,000 after acquiring an additional 42 shares during the period. Spartan Planning & Wealth Management purchased a new stake in shares of McDonald’s in the 3rd quarter worth about $33,000. Keener Financial Planning LLC bought a new stake in shares of McDonald’s during the 4th quarter valued at about $39,000. Bear Mountain Capital Inc. purchased a new position in shares of McDonald’s during the fourth quarter valued at about $43,000. Finally, Authentikos Wealth Advisory LLC bought a new position in McDonald’s in the third quarter worth about $45,000. Institutional investors own 70.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on MCD. TD Cowen restated a “buy” rating and set a $325.00 price target on shares of McDonald’s in a research report on Wednesday, April 10th. Morgan Stanley reduced their target price on shares of McDonald’s from $327.00 to $320.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Oppenheimer reissued a “market perform” rating on shares of McDonald’s in a research report on Friday, January 5th. Barclays dropped their price objective on shares of McDonald’s from $343.00 to $340.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 6th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $315.00 target price on shares of McDonald’s in a research note on Tuesday, February 6th. Nine investment analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $319.72.

Insider Transactions at McDonald’s

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

McDonald’s Stock Up 0.4 %

NYSE:MCD traded up $1.23 on Tuesday, hitting $276.81. The stock had a trading volume of 3,275,408 shares, compared to its average volume of 3,243,950. McDonald’s Co. has a 52-week low of $245.73 and a 52-week high of $302.39. The stock has a market cap of $199.58 billion, a price-to-earnings ratio of 23.92, a price-to-earnings-growth ratio of 2.99 and a beta of 0.71. The business’s 50-day simple moving average is $282.61 and its two-hundred day simple moving average is $281.45.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Monday, February 5th. The fast-food giant reported $2.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $6.45 billion. During the same quarter last year, the firm posted $2.59 earnings per share. The firm’s revenue was up 8.1% compared to the same quarter last year. As a group, equities research analysts anticipate that McDonald’s Co. will post 12.33 EPS for the current year.

McDonald’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $1.67 per share. This represents a $6.68 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend was Thursday, February 29th. McDonald’s’s payout ratio is 57.74%.

McDonald’s Company 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.