Global Strategic Investment Solutions LLC Has $272,000 Stake in McDonald’s Co. (NYSE:MCD)

Global Strategic Investment Solutions LLC boosted its position in McDonald’s Co. (NYSE:MCD) by 42.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 940 shares of the fast-food giant’s stock after purchasing an additional 281 shares during the period. Global Strategic Investment Solutions LLC’s holdings in McDonald’s were worth $272,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new position in McDonald’s in the third quarter valued at $25,000. Comprehensive Financial Planning Inc. PA acquired a new position in McDonald’s in the fourth quarter valued at $27,000. Collier Financial acquired a new position in McDonald’s in the fourth quarter valued at $29,000. RPg Family Wealth Advisory LLC acquired a new position in McDonald’s in the third quarter valued at $31,000. Finally, Marshall Investment Management LLC acquired a new position in McDonald’s in the fourth quarter valued at $37,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

Insider Buying and Selling at McDonald’s

In other news, CEO Christopher J. Kempczinski sold 10,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $310.05, for a total value of $3,255,525.00. Following the sale, the chief executive officer now owns 32,756 shares of the company’s stock, valued at $10,155,997.80. The trade was a 24.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Joseph M. Erlinger sold 1,099 shares of McDonald’s stock in a transaction that occurred on Monday, December 23rd. The shares were sold at an average price of $291.10, for a total transaction of $319,918.90. Following the completion of the transaction, the insider now owns 8,187 shares of the company’s stock, valued at $2,383,235.70. This represents a 11.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 33,504 shares of company stock worth $10,206,575 over the last ninety days. 0.23% of the stock is currently owned by company insiders.

McDonald’s Stock Performance

MCD opened at $303.70 on Tuesday. McDonald’s Co. has a fifty-two week low of $243.53 and a fifty-two week high of $317.90. The firm has a 50-day moving average of $294.31 and a 200 day moving average of $295.64. The firm has a market cap of $216.98 billion, a P/E ratio of 26.66, a PEG ratio of 3.10 and a beta of 0.74.

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

McDonald’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a $1.77 dividend. This represents a $7.08 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date is Monday, March 3rd. McDonald’s’s dividend payout ratio is currently 62.16%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on MCD shares. KeyCorp lifted their price target 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. Morgan Stanley lifted their price target on shares of McDonald’s from $336.00 to $340.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Bank of America lifted their price target on shares of McDonald’s from $312.00 to $316.00 and gave the company a “neutral” rating in a research note on Tuesday, February 11th. Barclays lifted their price target on shares of McDonald’s from $347.00 to $350.00 and gave the company an “overweight” rating in a research note on Monday, February 10th. Finally, Loop Capital restated a “buy” rating and set a $342.00 price target on shares of McDonald’s in a research note on Friday, January 3rd. Ten investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, McDonald’s currently has a consensus rating of “Moderate Buy” and a consensus target price of $323.61.

About McDonald’s

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.