McDonald’s Co. (NYSE:MCD) Shares Purchased by Financial Architects Inc

Financial Architects Inc grew its holdings in shares of McDonald’s Co. (NYSE:MCDFree Report) by 5.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,226 shares of the fast-food giant’s stock after buying an additional 228 shares during the period. Financial Architects Inc’s holdings in McDonald’s were worth $1,261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Bank Julius Baer & Co. Ltd Zurich raised its stake in McDonald’s by 105,490.7% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 457,071,431 shares of the fast-food giant’s stock worth $136,394,686,000 after acquiring an additional 456,638,560 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its holdings in shares of McDonald’s by 106,340.3% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 19,235,890 shares of the fast-food giant’s stock valued at $5,069,234,000 after purchasing an additional 19,217,818 shares during the last quarter. Norges Bank acquired a new stake in shares of McDonald’s in the 4th quarter valued at about $2,341,360,000. Arrowstreet Capital Limited Partnership grew its stake in McDonald’s by 1,189.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,191,692 shares of the fast-food giant’s stock worth $541,962,000 after buying an additional 2,021,754 shares during the last quarter. Finally, Barclays PLC lifted its stake in McDonald’s by 89.5% in the second quarter. Barclays PLC now owns 2,568,877 shares of the fast-food giant’s stock valued at $766,580,000 after buying an additional 1,213,230 shares during the last quarter. 67.60% of the stock is owned by institutional investors and hedge funds.

McDonald’s Trading Up 0.9 %

Shares of McDonald’s stock opened at $271.50 on Wednesday. The company has a 50-day moving average of $264.30 and a two-hundred day moving average of $281.17. The stock has a market cap of $196.93 billion, a PE ratio of 23.90, a price-to-earnings-growth ratio of 2.57 and a beta of 0.70. McDonald’s Co. has a 12-month low of $245.73 and a 12-month high of $299.35.

McDonald’s (NYSE:MCDGet Free Report) last issued its quarterly earnings data on Monday, October 30th. The fast-food giant reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.00 by $0.19. The firm had revenue of $6.69 billion during the quarter, compared to analysts’ expectations of $6.56 billion. McDonald’s had a negative return on equity of 157.19% and a net margin of 33.31%. McDonald’s’s revenue was up 14.0% on a year-over-year basis. During the same period in the previous year, the firm posted $2.68 earnings per share. On average, sell-side analysts forecast that McDonald’s Co. will post 11.73 EPS for the current fiscal year.

McDonald’s Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $1.67 dividend. This represents a $6.68 dividend on an annualized basis and a yield of 2.46%. This is a boost from McDonald’s’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend is Thursday, November 30th. McDonald’s’s dividend payout ratio is presently 53.52%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on MCD shares. DZ Bank upgraded shares of McDonald’s from a “hold” rating to a “buy” rating and set a $300.00 target price on the stock in a research report on Tuesday, October 31st. Wedbush restated an “outperform” rating and issued a $310.00 price objective on shares of McDonald’s in a research note on Tuesday, October 31st. Jefferies Financial Group decreased their target price on shares of McDonald’s from $340.00 to $325.00 in a research note on Tuesday, October 3rd. Morgan Stanley dropped their price target on McDonald’s from $330.00 to $315.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 11th. Finally, Tigress Financial increased their price objective on McDonald’s from $330.00 to $355.00 and gave the stock a “buy” rating in a research report on Wednesday, September 13th. Four analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, McDonald’s currently has a consensus rating of “Moderate Buy” and an average price target of $316.66.

Get Our Latest Stock Analysis on McDonald’s

Insider Buying and Selling at McDonald’s

In other McDonald’s news, CMO Edith Morgan Flatley sold 1,000 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $285.00, for a total value of $285,000.00. Following the sale, the chief marketing officer now owns 929 shares of the company’s stock, valued at $264,765. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CMO Edith Morgan Flatley sold 1,000 shares of the business’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $285.00, for a total value of $285,000.00. Following the completion of the transaction, the chief marketing officer now directly owns 929 shares of the company’s stock, valued at $264,765. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Christopher J. Kempczinski sold 5,606 shares of the stock in a transaction on Monday, September 18th. The shares were sold at an average price of $280.00, for a total value of $1,569,680.00. Following the sale, the chief executive officer now directly owns 29,031 shares in the company, valued at approximately $8,128,680. The disclosure for this sale can be found here. In the last three months, insiders sold 21,443 shares of company stock worth $5,863,300. 0.18% of the stock is owned by corporate insiders.

McDonald’s Company Profile

(Free Report)

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. The company's restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, fries, salads, shakes, frozen desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including muffins, Sausages, biscuit and bagel sandwiches, oatmeal, hash browns, breakfast burritos and hotcakes.

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Institutional Ownership by Quarter for McDonald's (NYSE:MCD)

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