McDonald’s Co. (NYSE:MCD) Shares Sold by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. lowered its holdings in McDonald’s Co. (NYSE:MCD) by 22.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,441 shares of the fast-food giant’s stock after selling 410 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in McDonald’s were worth $418,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Atala Financial Inc purchased a new position in McDonald’s during the fourth quarter valued at approximately $26,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of McDonald’s during the 4th quarter valued at approximately $27,000. Collier Financial acquired a new position in shares of McDonald’s in the 4th quarter valued at $29,000. Fairway Wealth LLC boosted its holdings in McDonald’s by 110.0% during the fourth quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant’s stock worth $30,000 after buying an additional 55 shares in the last quarter. Finally, GKV Capital Management Co. Inc. acquired a new stake in McDonald’s during the fourth quarter valued at $30,000. Hedge funds and other institutional investors own 70.29% of the company’s stock.

McDonald’s Price Performance

McDonald’s stock opened at $315.73 on Tuesday. The stock’s 50 day moving average price is $309.39 and its 200 day moving average price is $299.88. McDonald’s Co. has a 1-year low of $243.53 and a 1-year high of $326.32. The company has a market cap of $225.77 billion, a PE ratio of 27.72, a price-to-earnings-growth ratio of 3.10 and a beta of 0.57.

McDonald’s (NYSE:MCD) last issued its earnings results on Thursday, May 1st. The fast-food giant reported $2.67 EPS for the quarter, hitting the consensus estimate of $2.67. McDonald’s had a net margin of 31.73% and a negative return on equity of 181.63%. The company had revenue of $5.96 billion for the quarter, compared to analyst estimates of $6.17 billion. During the same period in the previous year, the firm earned $2.70 EPS. The business’s revenue was down 3.5% on a year-over-year basis. On average, equities research analysts anticipate that McDonald’s Co. will post 12.25 EPS for the current fiscal year.

McDonald’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a dividend of $1.77 per share. This represents a $7.08 annualized dividend and a dividend yield of 2.24%. The ex-dividend date was Monday, March 3rd. McDonald’s’s payout ratio is 62.49%.

Insider Buying and Selling

In other news, CEO Christopher J. Kempczinski sold 10,500 shares of the company’s stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $310.05, for a total transaction of $3,255,525.00. Following the completion of the sale, the chief executive officer now directly owns 32,756 shares in the company, valued at $10,155,997.80. This represents a 24.27 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Joseph M. Erlinger sold 939 shares of the business’s stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $318.50, for a total value of $299,071.50. Following the sale, the insider now owns 12,100 shares of the company’s stock, valued at $3,853,850. The trade was a 7.20 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 28,136 shares of company stock worth $8,676,247. 0.25% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on MCD shares. Robert W. Baird increased their price target on McDonald’s from $300.00 to $315.00 and gave the stock a “neutral” rating in a research report on Friday. JPMorgan Chase & Co. upped their price objective on shares of McDonald’s from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. Barclays lifted their target price on shares of McDonald’s from $347.00 to $355.00 and gave the company an “overweight” rating in a research report on Friday. TD Securities restated a “hold” rating and set a $300.00 price target on shares of McDonald’s in a research report on Monday, February 10th. Finally, Erste Group Bank upgraded McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Monday, March 17th. Ten research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $325.48.

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.