Values Added Financial LLC Purchases 278 Shares of McDonald’s Co. (NYSE:MCD)

Values Added Financial LLC raised its position in McDonald’s Co. (NYSE:MCD) by 27.8% during the 4th quarter, HoldingsChannel reports. The fund owned 1,278 shares of the fast-food giant’s stock after buying an additional 278 shares during the quarter. Values Added Financial LLC’s holdings in McDonald’s were worth $379,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Strong Tower Advisory Services raised its stake in shares of McDonald’s by 3.9% during the 4th quarter. Strong Tower Advisory Services now owns 3,450 shares of the fast-food giant’s stock worth $1,023,000 after purchasing an additional 129 shares in the last quarter. Francis Financial Inc. raised its stake in shares of McDonald’s by 5.5% during the 4th quarter. Francis Financial Inc. now owns 1,068 shares of the fast-food giant’s stock worth $317,000 after purchasing an additional 56 shares in the last quarter. Elwood & Goetz Wealth Advisory Group LLC raised its stake in shares of McDonald’s by 5.4% during the 4th quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 1,053 shares of the fast-food giant’s stock worth $312,000 after purchasing an additional 54 shares in the last quarter. Ballast Inc. raised its stake in shares of McDonald’s by 10.4% during the 4th quarter. Ballast Inc. now owns 2,381 shares of the fast-food giant’s stock worth $706,000 after purchasing an additional 225 shares in the last quarter. Finally, Transform Wealth LLC raised its stake in shares of McDonald’s by 481.0% during the 4th quarter. Transform Wealth LLC now owns 5,119 shares of the fast-food giant’s stock worth $1,518,000 after purchasing an additional 4,238 shares in the last quarter. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Performance

MCD opened at $281.95 on Friday. The firm has a market cap of $203.58 billion, a P/E ratio of 24.37, a price-to-earnings-growth ratio of 3.05 and a beta of 0.72. McDonald’s Co. has a 52-week low of $245.73 and a 52-week high of $302.39. The business’s fifty day moving average is $290.64 and its 200-day moving average is $280.93.

McDonald’s (NYSE:MCD) last released its earnings results on Monday, February 5th. The fast-food giant reported $2.95 earnings per share (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 company had revenue of $6.41 billion for the quarter, compared to analyst estimates of $6.45 billion. During the same period in the prior year, the firm posted $2.59 EPS. McDonald’s’s quarterly revenue was up 8.1% on a year-over-year basis. On average, research analysts predict that McDonald’s Co. will post 12.38 earnings per share for the current fiscal year.

McDonald’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a dividend of $1.67 per share. The ex-dividend date was Thursday, February 29th. This represents a $6.68 annualized dividend and a dividend yield of 2.37%. McDonald’s’s dividend payout ratio is currently 57.74%.

Insider Buying and Selling

In related news, insider Joseph M. Erlinger sold 1,099 shares of the company’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $284.38, for a total transaction of $312,533.62. Following the completion of the sale, the insider now directly owns 18,075 shares in the company, valued at approximately $5,140,168.50. The sale was disclosed in a filing with the SEC, which is available through this link. 0.27% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. BTIG Research cut McDonald’s from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 6th. Piper Sandler boosted their target price on McDonald’s from $273.00 to $299.00 and gave the stock a “neutral” rating in a report on Monday, December 11th. Argus reissued a “hold” rating on shares of McDonald’s in a report on Monday. BMO Capital Markets boosted their target price on McDonald’s from $325.00 to $335.00 and gave the stock an “outperform” rating in a report on Thursday, December 7th. Finally, TD Cowen reissued an “outperform” rating and set a $325.00 target price on shares of McDonald’s in a report on Tuesday, March 19th. Eight analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the stock. Based on data from MarketBeat.com, McDonald’s presently has an average rating of “Moderate Buy” and an average price target of $320.60.

McDonald’s 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.