McDonald’s Co. (NYSE:MCD) Shares Purchased by Telos Capital Management Inc.

Telos Capital Management Inc. raised its stake in McDonald’s Co. (NYSE:MCD) by 2,487.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,085 shares of the fast-food giant’s stock after buying an additional 20,270 shares during the period. Telos Capital Management Inc.’s holdings in McDonald’s were worth $6,252,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of MCD. Blue Bell Private Wealth Management LLC boosted its stake in shares of McDonald’s by 51.9% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 123 shares of the fast-food giant’s stock valued at $32,000 after buying an additional 42 shares during the period. Spartan Planning & Wealth Management acquired a new stake in McDonald’s during the third quarter valued at $33,000. Keener Financial Planning LLC purchased a new position in McDonald’s in the fourth quarter valued at about $39,000. Retirement Group LLC acquired a new position in McDonald’s in the 4th quarter worth about $37,000. Finally, Bear Mountain Capital Inc. purchased a new stake in shares of McDonald’s during the 4th quarter worth about $43,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

Insider Buying and Selling at McDonald’s

In other news, insider Joseph M. Erlinger sold 1,099 shares of the business’s stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $284.38, for a total value of $312,533.62. Following the transaction, the insider now directly owns 18,075 shares of the company’s stock, valued at approximately $5,140,168.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.18% of the company’s stock.

McDonald’s Trading Up 1.4 %

NYSE:MCD traded up $3.74 during mid-day trading on Wednesday, hitting $269.17. The company’s stock had a trading volume of 1,774,710 shares, compared to its average volume of 3,224,063. The stock has a fifty day moving average of $284.21 and a 200-day moving average of $280.76. The company has a market capitalization of $194.07 billion, a price-to-earnings ratio of 22.94, a P/E/G ratio of 2.88 and a beta of 0.71. McDonald’s Co. has a fifty-two week low of $245.73 and a fifty-two week high of $302.39.

McDonald’s (NYSE:MCD) last posted its earnings results on Monday, February 5th. The fast-food giant reported $2.95 EPS for the quarter, topping the consensus estimate of $2.83 by $0.12. McDonald’s had a negative return on equity of 171.96% and a net margin of 33.22%. The business had revenue of $6.41 billion during the quarter, compared to the consensus estimate of $6.45 billion. During the same quarter last year, the company earned $2.59 EPS. McDonald’s’s revenue was up 8.1% on a year-over-year basis. On average, equities analysts anticipate that McDonald’s Co. will post 12.35 earnings per share for the current fiscal year.

McDonald’s Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a $1.67 dividend. This represents a $6.68 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend was Thursday, February 29th. McDonald’s’s payout ratio is 57.74%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Wedbush restated an “outperform” rating and issued a $330.00 price objective on shares of McDonald’s in a report on Tuesday, February 6th. Morgan Stanley cut their price target on shares of McDonald’s from $327.00 to $320.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. Citigroup lowered their target price on shares of McDonald’s from $312.00 to $297.00 and set a “neutral” rating on the stock in a research report on Tuesday. Bank of America raised their target price on McDonald’s from $291.00 to $341.00 and gave the company a “neutral” rating in a report on Monday, January 29th. Finally, Royal Bank of Canada decreased their price target on McDonald’s from $340.00 to $335.00 and set an “outperform” rating for the company in a research note on Tuesday, February 6th. Nine analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company’s stock. According to data from MarketBeat, McDonald’s presently has an average rating of “Moderate Buy” and an average target price of $319.72.

McDonald’s Company 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.