Hudson Value Partners LLC Has $4.34 Million Holdings in McDonald’s Co. (NYSE:MCD)

Hudson Value Partners LLC increased its holdings in McDonald’s Co. (NYSE:MCD) by 8.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,954 shares of the fast-food giant’s stock after acquiring an additional 1,102 shares during the period. McDonald’s comprises 1.6% of Hudson Value Partners LLC’s investment portfolio, making the stock its 23rd biggest holding. Hudson Value Partners LLC’s holdings in McDonald’s were worth $4,335,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mount Yale Investment Advisors LLC increased its stake in McDonald’s by 52.4% in the 3rd quarter. Mount Yale Investment Advisors LLC now owns 5,288 shares of the fast-food giant’s stock valued at $1,610,000 after buying an additional 1,818 shares during the last quarter. Country Club Bank increased its stake in McDonald’s by 0.8% in the 3rd quarter. Country Club Bank now owns 9,948 shares of the fast-food giant’s stock valued at $3,021,000 after buying an additional 82 shares during the last quarter. Signet Investment Advisory Group Inc. increased its stake in McDonald’s by 4.7% in the 3rd quarter. Signet Investment Advisory Group Inc. now owns 9,326 shares of the fast-food giant’s stock valued at $2,840,000 after buying an additional 418 shares during the last quarter. Allworth Financial LP increased its stake in McDonald’s by 8.2% in the 3rd quarter. Allworth Financial LP now owns 35,395 shares of the fast-food giant’s stock valued at $10,778,000 after buying an additional 2,674 shares during the last quarter. Finally, Parcion Private Wealth LLC increased its stake in McDonald’s by 10.4% in the 3rd quarter. Parcion Private Wealth LLC now owns 20,820 shares of the fast-food giant’s stock valued at $6,340,000 after buying an additional 1,959 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s Price Performance

NYSE MCD opened at $304.76 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 capitalization of $218.40 billion, a PE ratio of 26.76, a P/E/G ratio of 3.10 and a beta of 0.74. The company’s 50 day simple moving average is $292.61 and its two-hundred day simple moving average is $293.92.

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

McDonald’s Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $1.77 per share. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date of this dividend is Monday, March 3rd. McDonald’s’s dividend payout ratio is currently 62.16%.

Analyst Upgrades and Downgrades

Several research firms have commented on MCD. KeyCorp increased their price objective on shares of McDonald’s from $320.00 to $335.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Loop Capital reissued a “buy” rating and set a $342.00 target price on shares of McDonald’s in a research report on Friday, January 3rd. BMO Capital Markets increased their target price on shares of McDonald’s from $335.00 to $340.00 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Piper Sandler reduced their target price on shares of McDonald’s from $297.00 to $290.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Finally, Robert W. Baird increased their target price on shares of McDonald’s from $305.00 to $310.00 and gave the company a “neutral” rating in a research report on Tuesday, February 11th. Ten equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average 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 McDonald’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total transaction of $3,255,525.00. Following the completion of the sale, the chief executive officer now directly owns 32,756 shares of the company’s stock, valued at approximately $10,155,997.80. The trade was a 24.27 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Marion K. Gross sold 1,499 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $290.95, for a total transaction of $436,134.05. Following the completion of the sale, the executive vice president now directly owns 1,560 shares of the company’s stock, valued at $453,882. This represents a 49.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,205 shares of company stock valued at $6,703,569. Insiders own 0.23% of the company’s stock.

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.