McDonald’s Corporation $MCD Stock Sold by Quadrant Capital Group LLC

Quadrant Capital Group LLC decreased its holdings in McDonald’s Corporation (NYSE:MCD) by 19.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,856 shares of the fast-food giant’s stock after selling 3,845 shares during the quarter. Quadrant Capital Group LLC’s holdings in McDonald’s were worth $3,739,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Bell Bank raised its holdings in McDonald’s by 3.7% during the 3rd quarter. Bell Bank now owns 12,846 shares of the fast-food giant’s stock worth $2,967,000 after purchasing an additional 458 shares during the last quarter. Innova Wealth Partners lifted its position in shares of McDonald’s by 21.7% in the 3rd quarter. Innova Wealth Partners now owns 1,042 shares of the fast-food giant’s stock worth $241,000 after purchasing an additional 186 shares during the period. Range Financial Group LLC lifted its position in shares of McDonald’s by 6.2% in the 3rd quarter. Range Financial Group LLC now owns 18,701 shares of the fast-food giant’s stock worth $4,319,000 after purchasing an additional 1,091 shares during the period. Physician Wealth Advisors Inc. boosted its stake in shares of McDonald’s by 6.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 2,015 shares of the fast-food giant’s stock valued at $465,000 after purchasing an additional 128 shares during the last quarter. Finally, Cohen Investment Advisors LLC boosted its stake in shares of McDonald’s by 3.8% in the 3rd quarter. Cohen Investment Advisors LLC now owns 13,588 shares of the fast-food giant’s stock valued at $3,138,000 after purchasing an additional 494 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.

McDonald’s Stock Performance

McDonald’s stock opened at $246.11 on Thursday. The stock has a market capitalization of $174.16 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 2.76 and a beta of 0.44. McDonald’s Corporation has a 52-week low of $229.20 and a 52-week high of $341.75. The stock’s 50 day moving average price is $250.31 and its two-hundred day moving average price is $270.49.

McDonald’s (NYSE:MCD) last announced its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 EPS for the quarter, topping the consensus estimate of $3.32 by $0.06. The company had revenue of $7.10 billion during the quarter, compared to the consensus estimate of $7.13 billion. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the firm posted $3.19 EPS. On average, equities research analysts forecast that McDonald’s Corporation will post 12.84 EPS for the current year.

McDonald’s Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be given a dividend of $1.93 per share. This represents a $7.72 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Tuesday, December 1st. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. McDonald’s’s dividend payout ratio is presently 60.44%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MCD. Sanford C. Bernstein decreased their price objective on shares of McDonald’s from $295.00 to $250.00 and set a “market perform” rating for the company in a research report on Thursday, October 8th. TD Cowen dropped their target price on shares of McDonald’s from $282.00 to $270.00 and set a “hold” rating on the stock in a report on Thursday, September 24th. Jefferies Financial Group cut their price target on shares of McDonald’s from $260.00 to $250.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. Mizuho decreased their price target on McDonald’s from $300.00 to $290.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Finally, Guggenheim lowered their price objective on McDonald’s from $290.00 to $250.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $295.64.

Key McDonald’s News

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

• Positive Sentiment: McDonald’s is bringing back its Halloween Boo Buckets with a Disney Villains theme. The collectible promotion could increase seasonal visits, generate social-media engagement and support limited-time sales. Disney Villains Halloween Boo Buckets Arrive at McDonald’s
• Positive Sentiment: The McRib is returning to select Indiana restaurants on October 26, offering another limited-time product designed to attract loyal customers and create urgency. Fan-favorite sandwich returning to McDonald’s
• Positive Sentiment: Some analysts view MCD as potentially undervalued after its recent underperformance. Its valuation is below historical averages, while the established franchise model and multiyear-high dividend yield may appeal to income-focused investors. Is The Market Underpricing McDonald’s Stock?
• Neutral Sentiment: Two additional McDonald’s locations are planned for the northern Fort Worth suburbs, indicating continued domestic unit expansion, although the financial contribution is likely to be gradual. Two McDonald’s restaurants planned for north Fort Worth suburbs
• Negative Sentiment: TD Cowen’s downgrade of Chipotle also pressured McDonald’s and other restaurant stocks, reflecting broader investor concerns about slowing industry sales momentum. Chipotle Falls as TD Cowen Downgrades
• Negative Sentiment: McDonald’s faces weak U.S. traffic, making menu innovation important for restoring comparable-sales growth. The latest analysis suggests new products may help, but they have not yet resolved the underlying demand pressure. Can MCD’s Menu Innovation Offset Slower U.S. Comparable Sales Growth?

McDonald’s Profile

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.