Bluedoor Private Wealth LLC Acquires Shares of 4,686 McDonald’s Corporation $MCD

Bluedoor Private Wealth LLC acquired a new stake in McDonald’s Corporation (NYSE:MCD) during the fourth quarter, HoldingsChannel reports. The fund acquired 4,686 shares of the fast-food giant’s stock, valued at approximately $1,432,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Your Advocates Ltd. LLP bought a new position in McDonald’s in the fourth quarter valued at approximately $27,000. Park Place Capital Corp boosted its stake in McDonald’s by 95.7% in the fourth quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock valued at $28,000 after acquiring an additional 45 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in McDonald’s in the fourth quarter valued at approximately $29,000. 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 worth $31,000 after purchasing an additional 97 shares in the last quarter. Finally, Entrust Financial LLC bought a new position in shares of McDonald’s during the fourth quarter worth $31,000. 70.29% of the stock is owned by institutional investors.

McDonald’s News Roundup

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

• Positive Sentiment: McDonald’s is testing a broader beverage lineup, including custom sodas, refreshers, and Red Bull energy drinks, which could boost check sizes and attract younger or more beverage-focused customers. McDonald’s 70-Year Coke Alliance Enters New Beverage Test
• Positive Sentiment: Wall Street’s average brokerage recommendation on McDonald’s remains a Buy, which supports the stock’s valuation even if analysts’ bullishness is sometimes seen as overly optimistic. Is It Worth Investing in McDonald’s (MCD) Based on Wall Street’s Bullish Views?
• Positive Sentiment: McDonald’s is also leaning into World Cup-related promotions and collectibles, which could lift traffic and sales if the tournament drives more consumer spending. Walmart and McDonald’s chase $7.5B World Cup boom
• Neutral Sentiment: Additional coverage emphasized that McDonald’s beverage push may help expand its drink platform, but it also raises questions about how the new options fit with the company’s long-running Coca-Cola partnership and brand identity. McDonald’s Red Bull Drinks Test Brand Perception And Valuation Gap
• Neutral Sentiment: McDonald’s is also working on menu refreshes such as changes to McCrispy Strips and reintroducing older treats, which may support customer engagement but are not yet clear stock catalysts. McDonald’s to Revamp McCrispy Strips After Customer Criticism
• Negative Sentiment: Some articles highlight friction in the long-standing McDonald’s-Coke relationship and customer criticism of certain menu items, which could create execution risk if new product tests confuse the brand or disappoint consumers. The 70-Year Marriage Between McDonald’s and Coke Has Some Issues

Insider Buying and Selling at McDonald’s

In other McDonald’s news, insider Joseph M. Erlinger sold 5,252 shares of McDonald’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total value of $1,493,248.64. Following the sale, the insider directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. The trade was a 40.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of McDonald’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the sale, the executive vice president owned 6,268 shares in the company, valued at $1,744,760.48. The trade was a 30.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,307 shares of company stock worth $3,262,622 over the last quarter. Company insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

MCD has been the topic of a number of recent analyst reports. Barclays reduced their price target on shares of McDonald’s from $380.00 to $350.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Rothschild & Co Redburn raised shares of McDonald’s from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $260.00 to $306.00 in a research report on Thursday, April 23rd. JPMorgan Chase & Co. reduced their price target on shares of McDonald’s from $325.00 to $305.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. KeyCorp reduced their price target on shares of McDonald’s from $345.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, BTIG Research reissued a “buy” rating and set a $370.00 price target on shares of McDonald’s in a research report on Thursday, May 7th. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $336.26.

McDonald’s Stock Up 0.5%

Shares of NYSE:MCD opened at $286.35 on Tuesday. McDonald’s Corporation has a 12 month low of $271.85 and a 12 month high of $341.75. The company’s fifty day simple moving average is $288.96 and its 200 day simple moving average is $306.59. The firm has a market cap of $203.45 billion, a price-to-earnings ratio of 23.61, a PEG ratio of 2.84 and a beta of 0.41.

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

McDonald’s Announces Dividend

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

About McDonald’s

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.