One Charles Private Wealth Services LLC Has $546,000 Stake in McDonald’s Co. (NYSE:MCD)

One Charles Private Wealth Services LLC cut its stake in shares of McDonald’s Co. (NYSE:MCD) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,841 shares of the fast-food giant’s stock after selling 56 shares during the quarter. One Charles Private Wealth Services LLC’s holdings in McDonald’s were worth $546,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. U.S. Capital Wealth Advisors LLC raised its position in McDonald’s by 1.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 42,002 shares of the fast-food giant’s stock valued at $12,454,000 after purchasing an additional 745 shares during the last quarter. Horan Capital Advisors LLC. boosted its position in McDonald’s by 5.5% during the 4th quarter. Horan Capital Advisors LLC. now owns 955 shares of the fast-food giant’s stock worth $283,000 after buying an additional 50 shares during the period. Bordeaux Wealth Advisors LLC grew its holdings in McDonald’s by 4.0% during the 4th quarter. Bordeaux Wealth Advisors LLC now owns 2,824 shares of the fast-food giant’s stock worth $837,000 after acquiring an additional 109 shares during the last quarter. Montis Financial LLC acquired a new position in McDonald’s in the 4th quarter valued at approximately $214,000. Finally, 9258 Wealth Management LLC lifted its holdings in shares of McDonald’s by 4.2% during the fourth quarter. 9258 Wealth Management LLC now owns 2,796 shares of the fast-food giant’s stock worth $829,000 after purchasing an additional 113 shares during the period. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other McDonald’s news, insider Joseph M. Erlinger sold 1,098 shares of the stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $276.64, for a total transaction of $303,750.72. Following the completion of the transaction, the insider now owns 16,977 shares in the company, valued at $4,696,517.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other McDonald’s news, insider Joseph M. Erlinger sold 1,098 shares of the 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 sale, the insider now owns 16,977 shares in the company, valued at $4,696,517.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Joseph M. Erlinger sold 1,099 shares of the business’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 owns 18,075 shares in the company, valued at $5,140,168.50. The disclosure for this sale can be found here. 0.23% of the stock is currently owned by insiders.

McDonald’s Stock Down 1.1 %

NYSE MCD traded down $2.96 during trading hours on Friday, reaching $270.32. 2,642,344 shares of the company were exchanged, compared to its average volume of 3,812,742. The stock has a market capitalization of $194.90 billion, a P/E ratio of 22.95, a P/E/G ratio of 2.91 and a beta of 0.71. McDonald’s Co. has a 1 year low of $245.73 and a 1 year high of $302.39. The business’s 50 day simple moving average is $279.53 and its 200-day simple moving average is $282.35.

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

McDonald’s Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid 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 payout ratio is 56.71%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on MCD shares. Evercore ISI reaffirmed an “outperform” rating and set a $330.00 target price on shares of McDonald’s in a research report on Wednesday, March 27th. Barclays decreased their price target on McDonald’s from $343.00 to $340.00 and set an “overweight” rating for the company in a report on Tuesday, February 6th. BMO Capital Markets decreased their target price on McDonald’s from $335.00 to $330.00 and set an “outperform” rating for the company in a research note on Wednesday. StockNews.com lowered McDonald’s from a “buy” rating to a “hold” rating in a research note on Friday, February 9th. Finally, Truist Financial reduced their price target on shares of McDonald’s from $337.00 to $320.00 and set a “buy” rating for the company in a report on Thursday. Nine investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $317.74.

McDonald’s 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.