McDonald’s Corporation $MCD Shares Bought by CI Investments Inc.

CI Investments Inc. lifted its stake in shares of McDonald’s Corporation (NYSE:MCD) by 13.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,712 shares of the fast-food giant’s stock after buying an additional 4,675 shares during the quarter. CI Investments Inc.’s holdings in McDonald’s were worth $12,653,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Your Advocates Ltd. LLP acquired a new stake in shares of McDonald’s during the fourth quarter worth about $27,000. Park Place Capital Corp boosted its position in shares of McDonald’s by 95.7% in the 4th quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock valued at $28,000 after purchasing an additional 45 shares during the period. IFC & Insurance Marketing Inc. purchased a new position in McDonald’s during the 4th quarter worth approximately $29,000. Abound Financial LLC purchased a new position in McDonald’s during the 4th quarter worth approximately $30,000. Finally, DecisionPoint Financial LLC increased its position in 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 buying an additional 97 shares during the period. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s Price Performance

Shares of NYSE MCD opened at $263.49 on Thursday. The stock has a fifty day moving average price of $276.47 and a 200 day moving average price of $299.40. McDonald’s Corporation has a 1-year low of $261.85 and a 1-year high of $341.75. The company has a market cap of $187.21 billion, a PE ratio of 21.72, a P/E/G ratio of 2.83 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.09. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. The company had revenue of $6.52 billion for the quarter, compared to analysts’ expectations of $6.47 billion. During the same period in the previous year, the company posted $2.67 EPS. McDonald’s’s revenue was up 9.4% compared to the same quarter last year. Analysts anticipate that McDonald’s Corporation will post 12.86 earnings per share for the current fiscal year.

McDonald’s Announces Dividend

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

Insider Buying and Selling

In other McDonald’s news, insider Joseph M. Erlinger sold 5,252 shares of McDonald’s stock in a transaction that occurred on Wednesday, June 10th. The stock was 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 of the company’s stock, 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 can be accessed through the SEC website. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 6,268 shares of the company’s stock, valued at approximately $1,744,760.48. This trade represents 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 8,348 shares of company stock worth $2,355,634 in the last ninety days. 0.26% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MCD. Sanford C. Bernstein reissued a “market perform” rating on shares of McDonald’s in a report on Monday, June 22nd. Rothschild & Co Redburn upgraded shares of McDonald’s from a “sell” rating to a “neutral” rating and upped their price target for the company from $260.00 to $306.00 in a research report on Thursday, April 23rd. KeyCorp reissued an “overweight” rating on shares of McDonald’s in a research report on Wednesday, July 15th. JPMorgan Chase & Co. dropped their price objective on shares of McDonald’s from $325.00 to $305.00 and set an “overweight” rating on the stock in a research note on Monday, May 11th. Finally, Citigroup reduced their target price on shares of McDonald’s from $375.00 to $335.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, McDonald’s has a consensus rating of “Moderate Buy” and a consensus price target of $336.32.

More McDonald’s News

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

• Positive Sentiment: McDonald’s is rolling out multiple new limited-time menu items, including breakfast and Caesar offerings, which could help attract customers and support sales momentum. McDonald’s Introduces Sweet and Savory New Breakfast Item
• Positive Sentiment: The company’s new breakfast biscuit and sweet makeover of a classic sandwich reinforce its strategy of frequent menu updates to drive breakfast traffic and customer engagement. McDonald’s gives classic breakfast sandwich a sweet makeover
• Positive Sentiment: Analyst-style commentary highlighting McDonald’s as a “champion” and a solid dividend name may be helping support the stock, especially as investors look for defensive names with reliable cash flow. McDonald’s: Time Abroad Tells Me This Is Still A Champion
• Neutral Sentiment: Recent coverage also notes MCD has been trading lower alongside a broader pullback, reflecting weakness in momentum rather than a company-specific earnings disappointment. McDonald’s (MCD) Stock Declines While Market Improves: Some Information for Investors
• Neutral Sentiment: Customer-complaint coverage and mixed reactions to a new McFlurry flavor could temper enthusiasm, but these stories appear more consumer-interest oriented than material fundamentals. 12 Common Customer Complaints About McDonald’s
• Negative Sentiment: Some recent commentary suggests the stock has been declining even as the broader market improved, which may signal near-term pressure from investor rotation or technical weakness. McDonald’s (MCD) Stock Declines While Market Improves: Some Information for Investors

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.