Natixis Advisors L.P. Has $147.49 Million Holdings in McDonald’s Co. (NYSE:MCD)

Natixis Advisors L.P. grew its position in McDonald’s Co. (NYSE:MCD) by 13.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 497,407 shares of the fast-food giant’s stock after buying an additional 57,917 shares during the quarter. Natixis Advisors L.P.’s holdings in McDonald’s were worth $147,486,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Commonwealth Equity Services LLC raised its position in McDonald’s by 1.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 592,760 shares of the fast-food giant’s stock valued at $175,760,000 after buying an additional 9,587 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in shares of McDonald’s by 0.6% in the fourth quarter. First Horizon Advisors Inc. now owns 56,797 shares of the fast-food giant’s stock valued at $16,841,000 after purchasing an additional 356 shares during the last quarter. West Family Investments Inc. lifted its position in shares of McDonald’s by 1.0% in the fourth quarter. West Family Investments Inc. now owns 4,749 shares of the fast-food giant’s stock worth $1,408,000 after purchasing an additional 47 shares in the last quarter. Mechanics Financial Corp boosted its holdings in McDonald’s by 0.7% during the fourth quarter. Mechanics Financial Corp now owns 5,331 shares of the fast-food giant’s stock worth $1,581,000 after purchasing an additional 36 shares during the last quarter. Finally, LGT Fund Management Co Ltd. grew its position in McDonald’s by 31.5% in the fourth quarter. LGT Fund Management Co Ltd. now owns 10,430 shares of the fast-food giant’s stock valued at $3,086,000 after purchasing an additional 2,500 shares in the last quarter. 70.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Joseph M. Erlinger sold 1,099 shares of McDonald’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $284.38, for a total transaction of $312,533.62. Following the completion of the transaction, the insider now directly owns 18,075 shares in the company, valued at $5,140,168.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Joseph M. Erlinger sold 1,099 shares of the stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $284.38, for a total value of $312,533.62. Following the completion of the sale, the insider now owns 18,075 shares of the company’s stock, valued at $5,140,168.50. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Joseph M. Erlinger sold 1,098 shares of the stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $276.64, for a total transaction of $303,750.72. Following the transaction, the insider now directly owns 16,977 shares of the company’s stock, valued at approximately $4,696,517.28. The disclosure for this sale can be found here. 0.23% of the stock is currently owned by insiders.

McDonald’s Stock Performance

MCD traded down $0.08 during trading on Thursday, reaching $274.35. The stock had a trading volume of 1,571,571 shares, compared to its average volume of 3,310,916. The business has a 50-day moving average of $280.53 and a 200-day moving average of $282.27. McDonald’s Co. has a one year low of $245.73 and a one year high of $302.39. The stock has a market cap of $197.81 billion, a PE ratio of 23.31, a PEG ratio of 2.98 and a beta of 0.71.

McDonald’s (NYSE:MCD) last released its earnings results on Tuesday, April 30th. The fast-food giant reported $2.70 earnings per share for the quarter, missing analysts’ consensus estimates of $2.71 by ($0.01). McDonald’s had a negative return on equity of 180.54% and a net margin of 33.36%. The firm had revenue of $6.17 billion during the quarter, compared to the consensus estimate of $6.16 billion. During the same quarter in the previous year, the firm earned $2.63 EPS. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. Equities research analysts forecast that McDonald’s Co. will post 12.34 EPS for the current fiscal year.

McDonald’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were issued a dividend of $1.67 per share. This represents a $6.68 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date of this dividend was Thursday, February 29th. McDonald’s’s dividend payout ratio (DPR) is presently 56.71%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on MCD shares. Argus restated a “hold” rating on shares of McDonald’s in a research note on Monday, March 25th. BTIG Research lowered McDonald’s from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 6th. Stephens reiterated an “overweight” rating and issued a $320.00 target price on shares of McDonald’s in a research note on Monday, February 5th. Oppenheimer reaffirmed a “market perform” rating on shares of McDonald’s in a research report on Friday, January 5th. Finally, Wedbush reduced their price objective on McDonald’s from $330.00 to $300.00 and set an “outperform” rating on the stock in a research note on Friday, April 26th. Nine analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $316.63.

McDonald’s Profile

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.