International Private Wealth Advisors LLC Has $468,000 Holdings in McDonald’s Co. (NYSE:MCD)

International Private Wealth Advisors LLC boosted its position in shares of McDonald’s Co. (NYSE:MCD) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,615 shares of the fast-food giant’s stock after acquiring an additional 51 shares during the quarter. International Private Wealth Advisors LLC’s holdings in McDonald’s were worth $468,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arlington Trust Co LLC raised its position in shares of McDonald’s by 27.4% in the fourth quarter. Arlington Trust Co LLC now owns 1,514 shares of the fast-food giant’s stock valued at $439,000 after purchasing an additional 326 shares during the period. Equitable Trust Co. raised its holdings in McDonald’s by 10.5% in the 4th quarter. Equitable Trust Co. now owns 19,904 shares of the fast-food giant’s stock valued at $5,770,000 after acquiring an additional 1,897 shares during the period. Global Wealth Management Investment Advisory Inc. lifted its position in McDonald’s by 3.4% during the fourth quarter. Global Wealth Management Investment Advisory Inc. now owns 13,238 shares of the fast-food giant’s stock worth $3,837,000 after acquiring an additional 438 shares during the last quarter. Bristlecone Advisors LLC boosted its holdings in shares of McDonald’s by 15.2% during the fourth quarter. Bristlecone Advisors LLC now owns 902 shares of the fast-food giant’s stock worth $261,000 after acquiring an additional 119 shares during the period. Finally, NORTHSTAR ASSET MANAGEMENT Co LLC grew its position in shares of McDonald’s by 0.9% in the fourth quarter. NORTHSTAR ASSET MANAGEMENT Co LLC now owns 5,006 shares of the fast-food giant’s stock valued at $1,451,000 after purchasing an additional 45 shares during the last quarter. 70.29% of the stock is owned by institutional investors.

McDonald’s Price Performance

Shares of McDonald’s stock opened at $308.22 on Tuesday. The company’s 50 day moving average price is $290.70 and its two-hundred day moving average price is $291.16. The firm has a market capitalization of $220.88 billion, a P/E ratio of 27.06, a P/E/G ratio of 4.08 and a beta of 0.74. McDonald’s Co. has a fifty-two week low of $243.53 and a fifty-two week high of $317.90.

McDonald’s (NYSE:MCD) last issued its earnings results 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 175.42% and a net margin of 31.79%. On average, analysts expect that McDonald’s Co. will post 11.73 earnings per share for the current year.

McDonald’s Dividend Announcement

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

Insiders Place Their Bets

In other McDonald’s news, EVP Marion K. Gross sold 1,499 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $290.95, for a total value of $436,134.05. Following the sale, the executive vice president now owns 1,560 shares in the company, valued at approximately $453,882. The trade was a 49.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Joseph M. Erlinger sold 300 shares of the firm’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $280.75, for a total value of $84,225.00. Following the transaction, the insider now owns 7,887 shares of the company’s stock, valued at $2,214,275.25. This trade represents a 3.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,406 shares of company stock valued at $2,150,857 in the last ninety days. 0.23% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MCD. Truist Financial dropped their price target on McDonald’s from $350.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. TD Securities reissued a “hold” rating and issued a $300.00 target price on shares of McDonald’s in a research report on Monday. Morgan Stanley lowered their price target on shares of McDonald’s from $340.00 to $336.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Piper Sandler decreased their target price on shares of McDonald’s from $297.00 to $290.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Finally, Bank of America lifted their price target on shares of McDonald’s from $321.00 to $324.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Ten equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $319.13.

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, Russia, Spain, and the U.K.