Integral Investment Advisors Inc. Acquires 197 Shares of McDonald’s Co. (NYSE:MCD)

Integral Investment Advisors Inc. boosted its holdings in shares of McDonald’s Co. (NYSE:MCD) by 6.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,247 shares of the fast-food giant’s stock after purchasing an additional 197 shares during the period. McDonald’s comprises approximately 0.6% of Integral Investment Advisors Inc.’s investment portfolio, making the stock its 27th biggest position. Integral Investment Advisors Inc.’s holdings in McDonald’s were worth $963,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MCD. Blue Bell Private Wealth Management LLC increased its holdings in McDonald’s by 51.9% in the third quarter. Blue Bell Private Wealth Management LLC now owns 123 shares of the fast-food giant’s stock valued at $32,000 after purchasing an additional 42 shares during the period. Spartan Planning & Wealth Management acquired a new stake in McDonald’s in the third quarter valued at $33,000. Retirement Group LLC acquired a new stake in McDonald’s in the fourth quarter valued at $37,000. Keener Financial Planning LLC acquired a new stake in McDonald’s in the fourth quarter valued at $39,000. Finally, Bear Mountain Capital Inc. acquired a new stake in McDonald’s in the fourth quarter valued at $43,000. 70.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MCD has been the subject of a number of recent analyst reports. Evercore ISI reiterated an “outperform” rating and set a $330.00 price target on shares of McDonald’s in a report on Wednesday, March 27th. Truist Financial reduced their target price on McDonald’s from $345.00 to $340.00 and set a “buy” rating for the company in a research note on Tuesday, February 6th. Oppenheimer restated a “market perform” rating on shares of McDonald’s in a research note on Friday, January 5th. Robert W. Baird restated an “outperform” rating and issued a $315.00 target price on shares of McDonald’s in a research note on Tuesday, February 6th. Finally, Barclays reduced their target price on McDonald’s from $343.00 to $340.00 and set an “overweight” rating for the company in a research note on Tuesday, February 6th. Nine investment analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $319.72.

McDonald’s Stock Up 0.2 %

Shares of NYSE MCD traded up $0.41 during mid-day trading on Thursday, reaching $270.36. 1,918,435 shares of the company were exchanged, compared to its average volume of 3,227,254. McDonald’s Co. has a 52 week low of $245.73 and a 52 week high of $302.39. The stock has a market capitalization of $194.93 billion, a PE ratio of 23.27, a PEG ratio of 2.88 and a beta of 0.71. The company’s 50 day moving average price is $283.86 and its 200 day moving average price is $280.69.

McDonald’s (NYSE:MCD) last posted its quarterly earnings results on Monday, February 5th. The fast-food giant reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.12. The business had revenue of $6.41 billion during the quarter, compared to the consensus estimate of $6.45 billion. McDonald’s had a net margin of 33.22% and a negative return on equity of 171.96%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.59 earnings per share. On average, sell-side analysts predict that McDonald’s Co. will post 12.34 earnings per share for the current year.

McDonald’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a dividend of $1.67 per share. This represents a $6.68 annualized dividend and a dividend yield of 2.47%. The ex-dividend date was Thursday, February 29th. McDonald’s’s dividend payout ratio (DPR) is 57.74%.

Insider Activity

In related news, insider Joseph M. Erlinger sold 1,099 shares of the business’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $284.38, for a total transaction of $312,533.62. Following the transaction, the insider now owns 18,075 shares in the company, valued at $5,140,168.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.27% of the company’s stock.

About McDonald’s

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.