North Star Investment Management Corp. Purchases 195 Shares of McDonald’s Co. (NYSE:MCD)

North Star Investment Management Corp. lifted its position in shares of McDonald’s Co. (NYSE:MCD – Get Rating) by 0.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,916 shares of the fast-food giant’s stock after purchasing an additional 195 shares during the period. North Star Investment Management Corp.’s holdings in McDonald’s were worth $5,512,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. JDM Financial Group LLC bought a new position in McDonald’s during the 4th quarter worth $26,000. West Financial Advisors LLC increased its stake in McDonald’s by 520.0% during the 3rd quarter. West Financial Advisors LLC now owns 124 shares of the fast-food giant’s stock worth $29,000 after acquiring an additional 104 shares during the period. Legend Financial Advisors Inc. bought a new position in McDonald’s during the 3rd quarter worth $33,000. WD Rutherford LLC bought a new position in McDonald’s during the 3rd quarter worth $36,000. Finally, Cowa LLC bought a new position in McDonald’s during the 3rd quarter worth $39,000. Institutional investors own 66.86% of the company’s stock.

Insider Activity

In other news, CEO Christopher J. Kempczinski sold 3,850 shares of the business’s stock in a transaction dated Thursday, February 23rd. The stock was sold at an average price of $267.69, for a total value of $1,030,606.50. Following the transaction, the chief executive officer now directly owns 34,637 shares of the company’s stock, valued at approximately $9,271,978.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Marion K. Gross sold 1,396 shares of the business’s stock in a transaction that occurred on Wednesday, February 1st. The stock was sold at an average price of $265.44, for a total value of $370,554.24. Following the transaction, the executive vice president now owns 308 shares in the company, valued at approximately $81,755.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Christopher J. Kempczinski sold 3,850 shares of the business’s stock in a transaction that occurred on Thursday, February 23rd. The stock was sold at an average price of $267.69, for a total value of $1,030,606.50. Following the completion of the transaction, the chief executive officer now owns 34,637 shares in the company, valued at approximately $9,271,978.53. The disclosure for this sale can be found here. Insiders have sold 8,122 shares of company stock valued at $2,177,681 in the last ninety days. 0.25% of the stock is owned by company insiders.

Analyst Ratings Changes

MCD has been the topic of a number of recent research reports. Credit Suisse Group raised their price objective on McDonald’s from $298.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 1st. Morgan Stanley raised their price objective on McDonald’s from $285.00 to $305.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 18th. Deutsche Bank Aktiengesellschaft lifted their price target on McDonald’s from $263.00 to $277.00 in a research note on Wednesday, February 1st. Jefferies Financial Group lifted their price target on McDonald’s from $305.00 to $315.00 and gave the company a “buy” rating in a research note on Wednesday, December 21st. Finally, Royal Bank of Canada decreased their price target on McDonald’s from $296.00 to $283.00 and set an “outperform” rating on the stock in a research note on Friday, February 3rd. Five investment analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $288.80.

McDonald’s Trading Down 1.2 %

Shares of MCD opened at $267.20 on Friday. The company has a market capitalization of $195.46 billion, a PE ratio of 32.00, a PEG ratio of 3.19 and a beta of 0.62. McDonald’s Co. has a 12 month low of $228.34 and a 12 month high of $281.67. The stock’s 50-day moving average price is $267.15 and its two-hundred day moving average price is $262.91.

McDonald’s (NYSE:MCD – Get Rating) last announced its earnings results on Tuesday, January 31st. The fast-food giant reported $2.59 EPS for the quarter, topping the consensus estimate of $2.46 by $0.13. The firm had revenue of $5.93 billion for the quarter, compared to the consensus estimate of $5.75 billion. McDonald’s had a negative return on equity of 120.10% and a net margin of 26.65%. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.23 EPS. Equities research analysts predict that McDonald’s Co. will post 10.51 EPS for the current fiscal year.

McDonald’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 15th. Stockholders of record on Wednesday, March 1st were paid a $1.52 dividend. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend was Tuesday, February 28th. McDonald’s’s dividend payout ratio is 72.81%.

McDonald’s Company Profile

(Get Rating)

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.