Checchi Capital Advisers LLC grew its stake in shares of McDonald's Co. (NYSE:MCD) by 11.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,542 shares of the fast-food giant’s stock after purchasing an additional 1,120 shares during the period. Checchi Capital Advisers LLC’s holdings in McDonald's were worth $1,814,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in McDonald's by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 57,300,686 shares of the fast-food giant’s stock worth $8,776,174,000 after acquiring an additional 906,303 shares in the last quarter. BlackRock Inc. lifted its stake in McDonald's by 3.0% in the 2nd quarter. BlackRock Inc. now owns 54,606,388 shares of the fast-food giant’s stock worth $8,363,515,000 after acquiring an additional 1,586,761 shares in the last quarter. Capital World Investors lifted its stake in McDonald's by 2.8% in the 2nd quarter. Capital World Investors now owns 22,288,104 shares of the fast-food giant’s stock worth $3,413,646,000 after acquiring an additional 606,232 shares in the last quarter. Capital Research Global Investors lifted its stake in McDonald's by 15.0% in the 2nd quarter. Capital Research Global Investors now owns 12,058,661 shares of the fast-food giant’s stock worth $1,846,905,000 after acquiring an additional 1,572,074 shares in the last quarter. Finally, Northern Trust Corp lifted its stake in McDonald's by 3.1% in the 2nd quarter. Northern Trust Corp now owns 11,835,647 shares of the fast-food giant’s stock worth $1,812,747,000 after acquiring an additional 360,212 shares in the last quarter. 68.51% of the stock is owned by institutional investors and hedge funds.

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Shares of McDonald's stock opened at $158.66 on Thursday. The stock has a market capitalization of $126,333.11, a P/E ratio of 24.95, a price-to-earnings-growth ratio of 2.40 and a beta of 0.65. 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 Co. has a fifty-two week low of $128.41 and a fifty-two week high of $178.70.

McDonald's (NYSE:MCD) last released its earnings results on Tuesday, January 30th. The fast-food giant reported $1.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.59 by $0.12. The firm 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 revenue was down 11.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.44 EPS. equities research analysts forecast that McDonald's Co. will post 7.59 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st were issued a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date was Wednesday, February 28th. McDonald's’s dividend payout ratio (DPR) is currently 63.52%.

In other McDonald's news, VP Catherine A. Hoovel sold 1,398 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $170.54, for a total value of $238,414.92. Following the sale, the vice president now owns 1,398 shares of the company’s stock, valued at approximately $238,414.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Douglas M. Goare sold 34,575 shares of the firm’s stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $173.53, for a total value of $5,999,799.75. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. set a $184.00 price objective on McDonald's and gave the stock a “buy” rating in a research note on Wednesday, January 31st. Nomura reissued a “buy” rating and issued a $198.00 price objective (up from $190.00) on shares of McDonald's in a research note on Tuesday, January 23rd. Credit Suisse Group set a $191.00 price objective on McDonald's and gave the stock a “buy” rating in a research note on Tuesday, January 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $195.00 target price (up from $180.00) on shares of McDonald's in a research report on Wednesday, January 31st. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $190.00 target price on shares of McDonald's in a research report on Monday, March 12th. Nine research analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $183.02.

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McDonald's Profile

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.

Institutional Ownership by Quarter for McDonald's (NYSE:MCD)

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