Capital Investment Advisors LLC increased its holdings in McDonald's Co. (NYSE:MCD) by 1.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 48,941 shares of the fast-food giant’s stock after purchasing an additional 587 shares during the quarter. Capital Investment Advisors LLC’s holdings in McDonald's were worth $8,424,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of MCD. Horan Capital Advisors LLC. bought a new position in McDonald's in the third quarter worth approximately $104,000. Phocas Financial Corp. bought a new position in McDonald's in the second quarter worth approximately $107,000. Proficio Capital Partners LLC raised its stake in McDonald's by 0.7% in the second quarter. Proficio Capital Partners LLC now owns 745 shares of the fast-food giant’s stock worth $117,000 after buying an additional 5 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. grew its holdings in McDonald's by 219.2% in the third quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 830 shares of the fast-food giant’s stock worth $130,000 after purchasing an additional 570 shares during the last quarter. Finally, Howe & Rusling Inc. grew its holdings in McDonald's by 75.0% in the third quarter. Howe & Rusling Inc. now owns 840 shares of the fast-food giant’s stock worth $132,000 after purchasing an additional 360 shares during the last quarter. 67.23% of the stock is owned by institutional investors.
Several equities analysts have issued reports on the stock. Royal Bank of Canada set a $190.00 price target on shares of McDonald's and gave the stock a “buy” rating in a report on Tuesday, January 30th. ValuEngine lowered shares of McDonald's from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Cowen reaffirmed a “buy” rating and issued a $200.00 price target on shares of McDonald's in a report on Friday, January 5th. Stephens reaffirmed an “overweight” rating and issued a $185.00 price target (up from $175.00) on shares of McDonald's in a report on Tuesday, January 30th. Finally, Deutsche Bank lifted their price target on shares of McDonald's to $190.00 and gave the stock a “buy” rating in a report on Wednesday, January 31st. Nine analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $184.95.
Shares of McDonald's Co. (NYSE:MCD) opened at $163.06 on Monday. McDonald's Co. has a 1-year low of $126.58 and a 1-year high of $178.70. The company has a debt-to-equity ratio of -8.17, a current ratio of 1.28 and a quick ratio of 1.27. The company has a market cap of $129,990.00, a price-to-earnings ratio of 19.23, a price-to-earnings-growth ratio of 2.37 and a beta of 0.59.
McDonald's (NYSE:MCD) last posted its quarterly earnings results on Tuesday, January 30th. The fast-food giant reported $1.71 EPS for the quarter, beating the consensus estimate of $1.59 by $0.12. McDonald's had a net margin of 22.75% and a negative return on equity of 217.17%. The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.22 billion. During the same period in the prior year, the company earned $1.44 earnings per share. The firm’s revenue was down 11.4% on a year-over-year basis. equities research analysts anticipate that McDonald's Co. will post 7.65 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be issued a $1.01 dividend. This represents a $4.04 annualized dividend and a yield of 2.48%. The ex-dividend date is Wednesday, February 28th. McDonald's’s payout ratio is 47.64%.
McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.
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