Sepio Capital LP Acquires 164 Shares of McDonald’s Co. (NYSE:MCD)

Sepio Capital LP increased its holdings in shares of McDonald’s Co. (NYSE:MCD) by 9.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,995 shares of the fast-food giant’s stock after buying an additional 164 shares during the period. Sepio Capital LP’s holdings in McDonald’s were worth $578,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MCD. Titleist Asset Management LLC lifted its stake in shares of McDonald’s by 3.1% in the 4th quarter. Titleist Asset Management LLC now owns 1,550 shares of the fast-food giant’s stock valued at $449,000 after purchasing an additional 47 shares during the period. Ilmarinen Mutual Pension Insurance Co lifted its stake in McDonald’s by 34.9% in the fourth quarter. Ilmarinen Mutual Pension Insurance Co now owns 144,897 shares of the fast-food giant’s stock valued at $42,004,000 after buying an additional 37,500 shares during the period. Rahlfs Capital LLC acquired a new position in McDonald’s in the fourth quarter valued at about $2,690,000. Wedbush Securities Inc. boosted its holdings in McDonald’s by 4.9% during the fourth quarter. Wedbush Securities Inc. now owns 27,649 shares of the fast-food giant’s stock worth $8,015,000 after buying an additional 1,286 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of McDonald’s by 4.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,234,792 shares of the fast-food giant’s stock valued at $357,954,000 after acquiring an additional 47,132 shares during the last quarter. 70.29% of the stock is owned by institutional investors.

McDonald’s Stock Down 5.8 %

NYSE MCD opened at $299.68 on Monday. The company has a market capitalization of $214.11 billion, a price-to-earnings ratio of 26.31, a PEG ratio of 3.10 and a beta of 0.62. McDonald’s Co. has a twelve month low of $243.53 and a twelve month high of $326.32. The stock has a fifty day simple moving average of $304.34 and a 200 day simple moving average of $298.80.

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

McDonald’s Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a $1.77 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.36%. McDonald’s’s dividend payout ratio (DPR) is currently 62.16%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on MCD. Robert W. Baird boosted their price objective on shares of McDonald’s from $305.00 to $310.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. Erste Group Bank raised shares of McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Monday, March 17th. Piper Sandler dropped their price objective on McDonald’s from $297.00 to $290.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Bank of America boosted their target price on McDonald’s from $312.00 to $316.00 and gave the company a “neutral” rating in a research note on Tuesday, February 11th. Finally, BMO Capital Markets raised their price target on McDonald’s from $335.00 to $340.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. Nine equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.30.

Insider Activity

In other McDonald’s news, EVP Tiffanie L. Boyd sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $309.27, for a total value of $309,270.00. Following the transaction, the executive vice president now directly owns 5,564 shares of the company’s stock, valued at approximately $1,720,778.28. The trade was a 15.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Christopher J. Kempczinski sold 10,500 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer now directly owns 32,756 shares of the company’s stock, valued at approximately $10,155,997.80. This trade represents a 24.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 27,497 shares of company stock valued at $8,461,400. 0.23% of the stock is currently 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.