Blue Fin Capital Inc. Has $1.35 Million Stock Holdings in McDonald’s Co. (NYSE:MCD)

Blue Fin Capital Inc. lifted its stake in shares of McDonald’s Co. (NYSE:MCD) by 19.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,536 shares of the fast-food giant’s stock after acquiring an additional 743 shares during the quarter. Blue Fin Capital Inc.’s holdings in McDonald’s were worth $1,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of MCD. Signature Resources Capital Management LLC purchased a new stake in shares of McDonald’s in the fourth quarter worth approximately $31,000. Blue Bell Private Wealth Management LLC grew its position in shares of McDonald’s by 51.9% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 123 shares of the fast-food giant’s stock valued at $32,000 after purchasing an additional 42 shares in the last quarter. Spartan Planning & Wealth Management purchased a new stake in McDonald’s in the third quarter valued at approximately $33,000. Keener Financial Planning LLC purchased a new stake in McDonald’s during the fourth quarter valued at about $39,000. Finally, Bear Mountain Capital Inc. purchased a new stake in McDonald’s in the fourth quarter worth approximately $43,000. 70.29% of the stock is owned by institutional investors.

McDonald’s Stock Performance

Shares of McDonald’s stock traded down $2.96 on Friday, reaching $270.32. The company had a trading volume of 2,642,344 shares, compared to its average volume of 3,812,742. The firm’s 50 day moving average price is $279.53 and its two-hundred day moving average price is $282.35. McDonald’s Co. has a 52-week low of $245.73 and a 52-week high of $302.39. The firm has a market cap of $194.90 billion, a PE ratio of 22.95, a PEG ratio of 2.91 and a beta of 0.71.

McDonald’s (NYSE:MCD) last announced its earnings results on Tuesday, April 30th. The fast-food giant reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.71 by ($0.01). McDonald’s had a net margin of 33.36% and a negative return on equity of 180.54%. The firm had revenue of $6.17 billion during the quarter, compared to analysts’ expectations of $6.16 billion. During the same period in the previous year, the firm earned $2.63 EPS. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. As a group, sell-side analysts predict that McDonald’s Co. will post 12.18 EPS for the current year.

McDonald’s Announces Dividend

The firm also recently declared 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. The ex-dividend date was Thursday, February 29th. This represents a $6.68 annualized dividend and a dividend yield of 2.47%. McDonald’s’s dividend payout ratio is presently 56.71%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MCD shares. Wedbush decreased their price target on McDonald’s from $330.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Stephens reiterated an “overweight” rating and set a $320.00 target price on shares of McDonald’s in a research note on Monday, February 5th. JPMorgan Chase & Co. cut their target price on shares of McDonald’s from $300.00 to $290.00 and set an “overweight” rating for the company in a research report on Wednesday. Bank of America boosted their price objective on McDonald’s from $291.00 to $341.00 and gave the company a “neutral” rating in a research note on Monday, January 29th. Finally, BTIG Research lowered McDonald’s from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 6th. Nine research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $317.74.

Insider Buying and Selling at McDonald’s

In other news, 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 in the company, valued at approximately $5,140,168.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Joseph M. Erlinger sold 1,099 shares of the firm’s stock in a transaction 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 sale, the insider now directly owns 18,075 shares in the company, valued at approximately $5,140,168.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Joseph M. Erlinger sold 1,098 shares of the business’s stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $276.64, for a total transaction 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 disclosure for this sale can be found here. 0.23% of the stock is currently owned by corporate insiders.

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.