Hills Bank & Trust Co. decreased its position in Mcdonald’s Corp (NYSE:MCD) by 0.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 30,770 shares of the fast-food giant’s stock after selling 136 shares during the period. Mcdonald’s comprises about 1.7% of Hills Bank & Trust Co.’s investment portfolio, making the stock its 13th biggest holding. Hills Bank & Trust Co.’s holdings in Mcdonald’s were worth $5,464,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. New Capital Management LP raised its holdings in shares of Mcdonald’s by 33.1% during the 4th quarter. New Capital Management LP now owns 221 shares of the fast-food giant’s stock valued at $39,000 after purchasing an additional 55 shares in the last quarter. Ipswich Investment Management Co. Inc. raised its holdings in Mcdonald’s by 0.5% in the 4th quarter. Ipswich Investment Management Co. Inc. now owns 11,823 shares of the fast-food giant’s stock worth $2,099,000 after acquiring an additional 56 shares during the period. CMH Wealth Management LLC raised its holdings in Mcdonald’s by 0.5% in the 4th quarter. CMH Wealth Management LLC now owns 11,774 shares of the fast-food giant’s stock worth $2,091,000 after acquiring an additional 60 shares during the period. Douglas Lane & Associates LLC raised its holdings in Mcdonald’s by 2.2% in the 4th quarter. Douglas Lane & Associates LLC now owns 2,780 shares of the fast-food giant’s stock worth $494,000 after acquiring an additional 60 shares during the period. Finally, Aries Wealth Management raised its holdings in Mcdonald’s by 0.9% in the 4th quarter. Aries Wealth Management now owns 7,023 shares of the fast-food giant’s stock worth $1,247,000 after acquiring an additional 63 shares during the period. 69.20% of the stock is owned by hedge funds and other institutional investors.

In other Mcdonald’s news, VP Robert Lane Gibbs sold 22,036 shares of the business’s stock in a transaction dated Thursday, January 31st. The shares were sold at an average price of $180.95, for a total value of $3,987,414.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP David Ogden Fairhurst sold 76,411 shares of the business’s stock in a transaction dated Tuesday, February 5th. The stock was sold at an average price of $178.25, for a total transaction of $13,620,260.75. Following the completion of the transaction, the executive vice president now directly owns 12,110 shares of the company’s stock, valued at $2,158,607.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 128,447 shares of company stock worth $23,015,775. Company insiders own 0.22% of the company’s stock.

Several research firms have issued reports on MCD. Zacks Investment Research upgraded shares of Mcdonald’s from a “hold” rating to a “buy” rating and set a $209.00 price target on the stock in a research report on Monday, December 17th. Morningstar set a $190.00 price target on shares of Mcdonald’s and gave the stock a “neutral” rating in a research report on Wednesday, October 24th. Stephens raised their price target on shares of Mcdonald’s to $170.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 24th. Goldman Sachs Group restated a “buy” rating and issued a $195.00 price target on shares of Mcdonald’s in a research report on Friday, October 26th. Finally, JPMorgan Chase & Co. set a $180.00 target price on shares of Mcdonald’s and gave the company a “buy” rating in a research report on Wednesday, October 24th. Seven equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $192.35.

NYSE:MCD opened at $174.75 on Monday. The stock has a market capitalization of $134.72 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 2.41 and a beta of 0.52. Mcdonald’s Corp has a 12 month low of $146.84 and a 12 month high of $190.88.

Mcdonald’s (NYSE:MCD) last released its quarterly earnings results on Wednesday, January 30th. The fast-food giant reported $1.97 EPS for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.07. The firm had revenue of $5.16 billion for the quarter, compared to analyst estimates of $5.16 billion. Mcdonald’s had a net margin of 28.18% and a negative return on equity of 104.38%. The company’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.71 earnings per share. Equities research analysts predict that Mcdonald’s Corp will post 8.19 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Friday, March 1st will be given a $1.16 dividend. The ex-dividend date of this dividend is Thursday, February 28th. This represents a $4.64 dividend on an annualized basis and a yield of 2.66%. Mcdonald’s’s dividend payout ratio (DPR) is presently 58.73%.

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About Mcdonald’s

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer various food products, soft drinks, coffee, and other beverages, as well as breakfast menu. As of December 31, 2017, the company operated 37,241 restaurants, including 34,108 franchised restaurants comprising 21,366 franchised to conventional franchisees, 6,945 licensed to developmental licensees, and 5,797 licensed to foreign affiliates; and 3,133 company-operated restaurants.

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Institutional Ownership by Quarter for Mcdonald`s (NYSE:MCD)

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