Motiv8 Investments LLC Has $1.13 Million Position in McDonald’s Co. (NYSE:MCD)

Motiv8 Investments LLC lifted its holdings in McDonald’s Co. (NYSE:MCD) by 21.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,906 shares of the fast-food giant’s stock after buying an additional 689 shares during the period. Motiv8 Investments LLC’s holdings in McDonald’s were worth $1,132,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC boosted its position in McDonald’s by 43,591.6% during the 4th quarter. Proficio Capital Partners LLC now owns 590,711 shares of the fast-food giant’s stock worth $171,241,000 after acquiring an additional 589,359 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of McDonald’s by 2.2% in the fourth quarter. Oppenheimer & Co. Inc. now owns 53,897 shares of the fast-food giant’s stock worth $15,624,000 after purchasing an additional 1,164 shares in the last quarter. Kovack Advisors Inc. boosted its holdings in shares of McDonald’s by 36.5% during the fourth quarter. Kovack Advisors Inc. now owns 9,608 shares of the fast-food giant’s stock worth $2,785,000 after purchasing an additional 2,567 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co grew its position in McDonald’s by 0.3% during the fourth quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 105,644 shares of the fast-food giant’s stock valued at $30,625,000 after purchasing an additional 329 shares in the last quarter. Finally, Mn Services Vermogensbeheer B.V. increased its stake in McDonald’s by 2.1% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 286,500 shares of the fast-food giant’s stock valued at $83,053,000 after buying an additional 5,900 shares during the period. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s Stock Performance

Shares of MCD stock opened at $304.02 on Thursday. McDonald’s Co. has a 52-week low of $243.53 and a 52-week high of $317.90. The firm has a fifty day moving average of $293.36 and a 200-day moving average of $294.72. The stock has a market cap of $217.87 billion, a price-to-earnings ratio of 26.69, a P/E/G ratio of 3.10 and a beta of 0.74.

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

McDonald’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a dividend of $1.77 per share. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a yield of 2.33%. McDonald’s’s payout ratio is 62.16%.

Wall Street Analysts Forecast Growth

MCD has been the topic of a number of research reports. Wedbush upped their price target on shares of McDonald’s from $320.00 to $330.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. Morgan Stanley lifted their price target on McDonald’s from $336.00 to $340.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Barclays lifted their target price on shares of McDonald’s from $347.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Citigroup lifted their price objective on shares of McDonald’s from $336.00 to $360.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Finally, TD Securities reissued a “hold” rating and set a $300.00 target price on shares of McDonald’s in a research report on Monday, February 10th. Ten research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.61.

Insider Buying and Selling at McDonald’s

In other McDonald’s news, CEO Christopher J. Kempczinski sold 10,500 shares of the company’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $310.05, for a total value of $3,255,525.00. Following the transaction, the chief executive officer now directly owns 32,756 shares of the company’s stock, valued at $10,155,997.80. This represents a 24.27 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Joseph M. Erlinger sold 1,099 shares of McDonald’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $291.10, for a total value of $319,918.90. Following the sale, the insider now directly owns 8,187 shares of the company’s stock, valued at $2,383,235.70. This represents a 11.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 32,504 shares of company stock worth $9,897,305 over the last 90 days. Company insiders own 0.23% 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.