Dynasty Wealth Management LLC Buys 182 Shares of McDonald’s Co. (NYSE:MCD)

Dynasty Wealth Management LLC raised its stake in shares of McDonald’s Co. (NYSE:MCD) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,461 shares of the fast-food giant’s stock after purchasing an additional 182 shares during the quarter. Dynasty Wealth Management LLC’s holdings in McDonald’s were worth $713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of MCD. Pettyjohn Wood & White Inc. lifted its holdings in shares of McDonald’s by 0.9% during the 4th quarter. Pettyjohn Wood & White Inc. now owns 5,697 shares of the fast-food giant’s stock worth $1,652,000 after acquiring an additional 51 shares during the last quarter. Parkside Financial Bank & Trust lifted its stake in McDonald’s by 1.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 3,778 shares of the fast-food giant’s stock worth $1,095,000 after purchasing an additional 69 shares during the last quarter. Sentinel Trust Co. LBA lifted its stake in McDonald’s by 2.6% during the fourth quarter. Sentinel Trust Co. LBA now owns 8,776 shares of the fast-food giant’s stock worth $2,544,000 after purchasing an additional 224 shares during the last quarter. Linscomb Wealth Inc. lifted its stake in McDonald’s by 1.4% during the fourth quarter. Linscomb Wealth Inc. now owns 40,084 shares of the fast-food giant’s stock worth $11,620,000 after purchasing an additional 544 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its position in McDonald’s by 1.0% in the 4th quarter. QRG Capital Management Inc. now owns 49,500 shares of the fast-food giant’s stock worth $14,350,000 after buying an additional 508 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company’s stock.

McDonald’s Price Performance

Shares of NYSE MCD opened at $308.17 on Friday. McDonald’s Co. has a 1 year low of $243.53 and a 1 year high of $317.90. The stock has a market cap of $220.84 billion, a P/E ratio of 27.06, a price-to-earnings-growth ratio of 3.10 and a beta of 0.74. The firm has a 50-day moving average of $294.06 and a 200 day moving average of $295.09.

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

McDonald’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date is Monday, March 3rd. McDonald’s’s payout ratio is 62.16%.

Analysts Set New Price Targets

A number of analysts recently weighed in on MCD shares. Truist Financial dropped their target price on McDonald’s from $342.00 to $340.00 and set a “buy” rating for the company in a research report on Tuesday, February 11th. Morgan Stanley boosted their price objective on shares of McDonald’s from $336.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. BMO Capital Markets boosted their price target on shares of McDonald’s from $335.00 to $340.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. 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. Finally, Bank of America increased their target price on McDonald’s from $312.00 to $316.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. Ten investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat.com, McDonald’s presently has a consensus rating of “Moderate Buy” and an average price target of $323.61.

Insider Transactions at McDonald’s

In other 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 transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Tiffanie L. Boyd sold 1,000 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $309.27, for a total value of $309,270.00. Following the sale, the executive vice president now directly owns 5,564 shares in the company, valued at $1,720,778.28. This trade represents a 15.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 33,504 shares of company stock valued at $10,206,575 in the last quarter. 0.23% of the stock is owned by insiders.

McDonald’s Company 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.