Capital Analysts LLC Sells 2,740 Shares of McDonald’s Corporation $MCD

Capital Analysts LLC decreased its position in shares of McDonald’s Corporation (NYSE:MCD) by 11.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,688 shares of the fast-food giant’s stock after selling 2,740 shares during the quarter. Capital Analysts LLC’s holdings in McDonald’s were worth $6,629,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Your Advocates Ltd. LLP purchased a new position in shares of McDonald’s during the fourth quarter valued at approximately $27,000. Park Place Capital Corp boosted its position in shares of McDonald’s by 95.7% during the fourth quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock valued at $28,000 after buying an additional 45 shares during the last quarter. DecisionPoint Financial LLC boosted its position in shares of McDonald’s by 1,616.7% during the fourth quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock valued at $31,000 after buying an additional 97 shares during the last quarter. Entrust Financial LLC purchased a new position in shares of McDonald’s during the fourth quarter valued at approximately $31,000. Finally, Painted Porch Advisors LLC boosted its position in shares of McDonald’s by 735.7% during the third quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant’s stock valued at $36,000 after buying an additional 103 shares during the last quarter. Institutional investors own 70.29% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MCD shares. Wells Fargo & Company cut their target price on McDonald’s from $355.00 to $320.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $340.00 target price on shares of McDonald’s in a research report on Thursday, February 12th. BTIG Research reaffirmed a “buy” rating and set a $370.00 target price on shares of McDonald’s in a research report on Thursday, May 7th. Barclays cut their target price on McDonald’s from $380.00 to $350.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, Cfra raised McDonald’s to a “buy” rating in a research report on Friday, May 8th. Sixteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $336.26.

McDonald’s News Summary

Here are the key news stories impacting McDonald’s this week:

• Positive Sentiment: McDonald’s is piloting AI ordering systems at select U.S. drive-thrus, a move that could reduce labor friction and improve throughput if adoption goes well. McDonald’s pilots AI system at select US drive-thru locations
• Positive Sentiment: The company’s FIFA World Cup meal promotions, collectible cups, toys, and other limited-time items could support customer traffic and sales momentum. McDonald’s just announced special World Cup meals only available for a limited time
• Positive Sentiment: Analysts and commentators continue to frame McDonald’s as a resilient long-term holding, citing its franchise model, dividends, and defensive qualities. McDonald’s stock could be bottoming, creating a contrarian bet for long-term investors
• Neutral Sentiment: Several articles focused on McDonald’s new strategic direction and beverage innovation, highlighting possible growth opportunities but without a clear near-term earnings impact. McDonald’s outlines new strategic course
• Negative Sentiment: Fresh workplace-incident reports and culture concerns may create some investor caution around operational oversight and brand reputation. McDonald’s Workplace Incidents Put Culture Risks And Investor Focus In Spotlight

McDonald’s Trading Up 1.5%

MCD stock opened at $282.08 on Wednesday. The stock’s fifty day simple moving average is $290.86 and its two-hundred day simple moving average is $307.22. McDonald’s Corporation has a 1-year low of $271.85 and a 1-year high of $341.75. The stock has a market cap of $200.42 billion, a P/E ratio of 23.25, a P/E/G ratio of 2.77 and a beta of 0.41.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.09. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The business had revenue of $6.52 billion for the quarter, compared to analysts’ expectations of $6.47 billion. During the same quarter in the previous year, the firm earned $2.67 earnings per share. The business’s revenue was up 9.4% on a year-over-year basis. As a group, analysts forecast that McDonald’s Corporation will post 12.93 earnings per share for the current fiscal year.

McDonald’s Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be given a $1.86 dividend. The ex-dividend date of this dividend is Tuesday, June 2nd. This represents a $7.44 annualized dividend and a yield of 2.6%. McDonald’s’s payout ratio is currently 61.34%.

Insider Buying and Selling at McDonald’s

In other McDonald’s news, insider Joseph M. Erlinger sold 2,626 shares of the business’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $307.00, for a total value of $806,182.00. Following the transaction, the insider owned 8,400 shares of the company’s stock, valued at approximately $2,578,800. The trade was a 23.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the completion of the transaction, the executive vice president directly owned 6,268 shares in the company, valued at approximately $1,744,760.48. This represents a 30.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 6,055 shares of company stock worth $1,769,373. Insiders own 0.26% of the company’s stock.

McDonald’s Profile

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.