Northstar Investment Advisors LLC reduced its position in McDonald's Co. (NYSE:MCD) by 0.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 85,736 shares of the fast-food giant’s stock after selling 436 shares during the period. McDonald's accounts for approximately 2.7% of Northstar Investment Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Northstar Investment Advisors LLC’s holdings in McDonald's were worth $14,757,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vantage Financial Partners Ltd. Inc. acquired a new stake in shares of McDonald's in the 2nd quarter valued at $322,000. Tarbox Family Office Inc. increased its stake in shares of McDonald's by 105.8% in the 4th quarter. Tarbox Family Office Inc. now owns 638 shares of the fast-food giant’s stock valued at $110,000 after buying an additional 328 shares during the period. Horan Capital Advisors LLC. acquired a new stake in shares of McDonald's in the 3rd quarter valued at $104,000. Phocas Financial Corp. acquired a new stake in shares of McDonald's in the 2nd quarter valued at $107,000. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. grew its stake in shares of McDonald's by 219.2% during the third quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 830 shares of the fast-food giant’s stock worth $130,000 after purchasing an additional 570 shares during the period. 68.59% of the stock is owned by institutional investors.
MCD has been the subject of a number of analyst reports. Zacks Investment Research raised McDonald's from a “hold” rating to a “buy” rating and set a $196.00 price objective for the company in a research note on Thursday, January 18th. Stifel Nicolaus set a $172.00 price objective on McDonald's and gave the stock a “neutral” rating in a research note on Wednesday, January 3rd. Piper Jaffray Companies lifted their price objective on McDonald's from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, December 14th. Goldman Sachs Group set a $200.00 price objective on McDonald's and gave the stock a “buy” rating in a research note on Friday, January 19th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a $175.00 price objective (down from $191.00) on shares of McDonald's in a research note on Tuesday, March 6th. Nine investment analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $183.02.
Shares of McDonald's Co. (MCD) opened at $158.22 on Wednesday. The company has a market capitalization of $125,710.00, a PE ratio of 21.88, a PEG ratio of 2.36 and a beta of 0.65. McDonald's Co. has a twelve month low of $127.47 and a twelve month high of $178.70. The company has a quick ratio of 1.82, a current ratio of 1.84 and a debt-to-equity ratio of -9.04.
McDonald's (NYSE:MCD) last issued its quarterly earnings results on Tuesday, January 30th. The fast-food giant reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.12. The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.22 billion. McDonald's had a negative return on equity of 201.76% and a net margin of 22.75%. The company’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.44 earnings per share. sell-side analysts anticipate that McDonald's Co. will post 7.63 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be issued a $1.01 dividend. The ex-dividend date is Wednesday, February 28th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 2.55%. McDonald's’s dividend payout ratio (DPR) is 55.88%.
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McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.
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