McDonald’s Corporation $MCD Shares Bought by Natural Investments LLC

Natural Investments LLC grew its position in shares of McDonald’s Corporation (NYSE:MCD) by 7.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,424 shares of the fast-food giant’s stock after purchasing an additional 101 shares during the period. Natural Investments LLC’s holdings in McDonald’s were worth $416,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. WealthPlan Investment Management LLC raised its stake in shares of McDonald’s by 0.9% in the first quarter. WealthPlan Investment Management LLC now owns 3,630 shares of the fast-food giant’s stock valued at $1,134,000 after acquiring an additional 32 shares in the last quarter. CVA Family Office LLC raised its stake in shares of McDonald’s by 1.9% in the first quarter. CVA Family Office LLC now owns 1,793 shares of the fast-food giant’s stock valued at $560,000 after acquiring an additional 33 shares in the last quarter. Consilium Wealth Advisory LLC raised its stake in shares of McDonald’s by 2.5% in the first quarter. Consilium Wealth Advisory LLC now owns 1,334 shares of the fast-food giant’s stock valued at $417,000 after acquiring an additional 33 shares in the last quarter. Security Financial Services INC. raised its stake in shares of McDonald’s by 0.7% in the first quarter. Security Financial Services INC. now owns 5,043 shares of the fast-food giant’s stock valued at $1,575,000 after acquiring an additional 33 shares in the last quarter. Finally, Stockman Wealth Management Inc. raised its stake in shares of McDonald’s by 1.8% in the first quarter. Stockman Wealth Management Inc. now owns 1,964 shares of the fast-food giant’s stock valued at $613,000 after acquiring an additional 34 shares in the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s Stock Performance

Shares of MCD stock opened at $297.07 on Friday. The stock’s 50-day moving average is $306.31 and its two-hundred day moving average is $305.74. The firm has a market cap of $211.99 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 3.12 and a beta of 0.50. McDonald’s Corporation has a 1 year low of $276.53 and a 1 year high of $326.32.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data on Wednesday, August 6th. The fast-food giant reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.15 by $0.04. The company had revenue of $6.84 billion for the quarter, compared to analyst estimates of $6.68 billion. McDonald’s had a negative return on equity of 225.52% and a net margin of 32.21%.The business’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the company posted $2.97 earnings per share. As a group, research analysts predict that McDonald’s Corporation will post 12.25 EPS for the current year.

McDonald’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $1.77 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $7.08 annualized dividend and a dividend yield of 2.4%. McDonald’s’s dividend payout ratio (DPR) is presently 60.67%.

Insider Transactions at McDonald’s

In other McDonald’s news, EVP Desiree Ralls-Morrison sold 2,487 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $310.00, for a total transaction of $770,970.00. Following the transaction, the executive vice president owned 8,754 shares of the company’s stock, valued at approximately $2,713,740. This trade represents a 22.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Jonathan Banner sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $310.00, for a total value of $310,000.00. Following the transaction, the executive vice president directly owned 99 shares in the company, valued at approximately $30,690. This represents a 90.99% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,402 shares of company stock worth $1,973,407. 0.25% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on MCD. Evercore ISI increased their price objective on McDonald’s from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. The Goldman Sachs Group upgraded McDonald’s from a “neutral” rating to a “buy” rating and set a $345.00 price target on the stock in a research note on Thursday, July 10th. Barclays raised their price target on McDonald’s from $355.00 to $360.00 and gave the company an “overweight” rating in a research note on Thursday, August 7th. KeyCorp restated an “overweight” rating and issued a $335.00 price target (up from $325.00) on shares of McDonald’s in a research note on Thursday, August 7th. Finally, Bank of America cut their price target on McDonald’s from $327.00 to $322.00 and set a “neutral” rating on the stock in a research note on Friday, July 18th. Eleven investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, McDonald’s currently has an average rating of “Hold” and a consensus price target of $325.18.

McDonald’s 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.