McDonald’s Co. (NYSE:MCD) Holdings Boosted by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI grew its stake in shares of McDonald’s Co. (NYSE:MCD) by 518.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 348,119 shares of the fast-food giant’s stock after purchasing an additional 291,802 shares during the quarter. McDonald’s makes up 2.4% of Commerzbank Aktiengesellschaft FI’s portfolio, making the stock its 13th largest holding. Commerzbank Aktiengesellschaft FI’s holdings in McDonald’s were worth $100,916,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Synergy Investment Management LLC bought a new stake in McDonald’s in the fourth quarter valued at $269,000. Scott & Selber Inc. acquired a new stake in shares of McDonald’s in the 4th quarter worth about $232,000. Alta Capital Management LLC lifted its position in McDonald’s by 9.7% in the 4th quarter. Alta Capital Management LLC now owns 13,032 shares of the fast-food giant’s stock valued at $3,778,000 after purchasing an additional 1,153 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in McDonald’s by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,694,202 shares of the fast-food giant’s stock valued at $1,650,692,000 after purchasing an additional 129,843 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its position in McDonald’s by 3.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 119,102 shares of the fast-food giant’s stock worth $34,526,000 after purchasing an additional 4,439 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at McDonald’s

In other McDonald’s news, EVP Desiree Ralls-Morrison sold 3,409 shares of McDonald’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $290.15, for a total transaction of $989,121.35. Following the transaction, the executive vice president now owns 9,675 shares of the company’s stock, valued at $2,807,201.25. The trade was a 26.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Joseph M. Erlinger sold 1,099 shares of the company’s stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $291.10, for a total value of $319,918.90. Following the completion of the transaction, the insider now owns 8,187 shares in the company, valued at $2,383,235.70. This represents a 11.84 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,504 shares of company stock valued at $10,206,575 in the last three months. 0.23% of the stock is currently owned by company insiders.

Analyst Ratings Changes

MCD has been the topic of a number of recent analyst reports. Bank of America lifted their price target on McDonald’s from $312.00 to $316.00 and gave the company a “neutral” rating in a report on Tuesday, February 11th. Wedbush boosted their price target on McDonald’s from $320.00 to $330.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. BMO Capital Markets increased their price target on McDonald’s from $335.00 to $340.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 11th. KeyCorp upped their price objective on shares of McDonald’s from $320.00 to $335.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Morgan Stanley increased their target price on shares of McDonald’s from $336.00 to $340.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. Ten analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.61.

McDonald’s Stock Down 1.5 %

NYSE:MCD opened at $303.70 on Tuesday. The stock has a fifty day simple moving average of $294.31 and a 200 day simple moving average of $295.64. The firm has a market capitalization of $216.98 billion, a price-to-earnings ratio of 26.66, a price-to-earnings-growth ratio of 3.10 and a beta of 0.74. McDonald’s Co. has a 1-year low of $243.53 and a 1-year high of $317.90.

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

McDonald’s Announces Dividend

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

McDonald’s Profile

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.