USS Investment Management Ltd Buys 2,138 Shares of McDonald’s Corporation $MCD

USS Investment Management Ltd grew its stake in McDonald’s Corporation (NYSE:MCD) by 1.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 118,514 shares of the fast-food giant’s stock after buying an additional 2,138 shares during the period. USS Investment Management Ltd’s holdings in McDonald’s were worth $36,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of MCD. Vanguard Group Inc. raised its position in shares of McDonald’s by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 72,351,127 shares of the fast-food giant’s stock valued at $22,112,675,000 after buying an additional 703,458 shares during the last quarter. State Street Corp grew its position in McDonald’s by 2.7% during the fourth quarter. State Street Corp now owns 35,983,997 shares of the fast-food giant’s stock worth $10,997,789,000 after buying an additional 959,140 shares in the last quarter. Geode Capital Management LLC grew its position in McDonald’s by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 17,038,519 shares of the fast-food giant’s stock worth $5,195,965,000 after buying an additional 76,090 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in McDonald’s by 3.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 9,474,749 shares of the fast-food giant’s stock valued at $2,895,768,000 after acquiring an additional 277,617 shares during the period. Finally, Norges Bank bought a new position in McDonald’s during the fourth quarter valued at about $2,890,438,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s Trading Up 1.2%

NYSE MCD opened at $270.45 on Wednesday. The stock’s 50 day moving average is $281.81 and its two-hundred day moving average is $303.92. The company has a market capitalization of $192.15 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 2.66 and a beta of 0.41. McDonald’s Corporation has a 1-year low of $264.53 and a 1-year high of $341.75.

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

McDonald’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were given a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Tuesday, June 2nd. McDonald’s’s dividend payout ratio is 61.34%.

Wall Street Analyst Weigh In

Several equities analysts have commented on MCD shares. BTIG Research reaffirmed a “buy” rating and issued a $370.00 price target on shares of McDonald’s in a report on Thursday, May 7th. Evercore set a $350.00 price objective on McDonald’s in a research report on Friday, May 8th. Erste Group Bank cut McDonald’s from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Cfra upgraded McDonald’s to a “buy” rating in a research note on Friday, May 8th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of McDonald’s in a research report on Tuesday, June 23rd. Sixteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, McDonald’s has an average rating of “Moderate Buy” and an average price target of $335.70.

Insider Buying and Selling at McDonald’s

In other news, insider Joseph M. Erlinger sold 5,252 shares of the business’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 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’s stock in a transaction dated Thursday, May 28th. The stock was 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 directly owned 6,268 shares in the company, valued at approximately $1,744,760.48. The trade was a 30.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 11,307 shares of company stock valued at $3,262,622 over the last quarter. Corporate insiders own 0.26% of the company’s stock.

McDonald’s News Summary

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

• Positive Sentiment: KeyCorp lowered its price target on McDonald’s but kept an Overweight rating, signaling continued analyst confidence that the stock still has meaningful upside from current levels.
• Positive Sentiment: McDonald’s is getting attention for promotional and product news, including a $2.50 Big Mac deal in Central Florida, a nationwide return of a fan-favorite menu item after 34 years, and free limited-edition FIFA collectible cups, all of which could help drive traffic and engagement.
• Positive Sentiment: A new McDonald’s location reportedly could create 120 jobs, reinforcing franchise expansion and local growth narratives.
• Positive Sentiment: Several articles argue the stock may have already hit bottom, with one note suggesting recent weakness may have been overdone as gas prices fall and consumer pressure could ease.
• Neutral Sentiment: Multiple lifestyle pieces about McDonald’s menu history and ordering hacks are largely brand-related and are unlikely to materially affect the stock.
• Negative Sentiment: One report said McDonald’s recently launched three new menu items that have sparked widespread dissatisfaction, which could weigh on sentiment if customer reaction stays weak.
• Negative Sentiment: Another article noted that investors are watching restaurant beverage competition closely, including McDonald’s new crafted beverage push, which highlights rising competitive pressure in a key traffic driver category.

McDonald’s Company 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.