Compound Planning Inc. Increases Stock Holdings in McDonald's Corporation $MCD

Key Points

• Compound Planning Inc. increased its stock holdings in McDonald's Corporation by 20.9%, obtaining a total of 6,530 shares valued at approximately $2,040,000 as of the latest SEC filing.
• Institutional investors collectively own 70.29% of McDonald's stock, with new positions purchased by several firms, including Mascagni Wealth Management and Abound Financial LLC.
• McDonald's reported a quarterly earnings per share of $3.19, exceeding analyst expectations of $3.15, along with a revenue increase of 5.4% year-over-year, totaling $6.84 billion.

Compound Planning Inc. boosted its holdings in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 20.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,530 shares of the fast-food giant's stock after buying an additional 1,131 shares during the period. Compound Planning Inc.'s holdings in McDonald's were worth $2,040,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Mascagni Wealth Management Inc. purchased a new position in shares of McDonald's in the 4th quarter valued at approximately $25,000. Abound Financial LLC acquired a new position in McDonald's during the 1st quarter valued at approximately $30,000. Pinney & Scofield Inc. purchased a new position in shares of McDonald's in the fourth quarter worth $29,000. Redmont Wealth Advisors LLC acquired a new stake in shares of McDonald's during the first quarter worth $31,000. Finally, Financial Gravity Asset Management Inc. purchased a new stake in shares of McDonald's during the first quarter valued at $31,000. Institutional investors and hedge funds own 70.29% of the company's stock.

Wall Street Analyst Weigh In

MCD has been the subject of a number of research analyst reports. TD Securities restated a "hold" rating and issued a $305.00 target price on shares of McDonald's in a research note on Thursday, June 5th. Citigroup raised their price objective on McDonald's from $364.00 to $365.00 and gave the stock a "buy" rating in a research note on Wednesday, July 9th. Argus lowered McDonald's from a "buy" rating to a "hold" rating in a research report on Friday, June 13th. The Goldman Sachs Group upgraded shares of McDonald's from a "neutral" rating to a "buy" rating and set a $345.00 price target on the stock in a report on Thursday, July 10th. Finally, TD Cowen raised their price target on shares of McDonald's from $305.00 to $315.00 and gave the stock a "hold" rating in a research report on Wednesday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $326.38.

McDonald's Price Performance

NYSE:MCD opened at $313.8010 on Friday. The company has a 50 day moving average price of $299.02 and a 200-day moving average price of $305.72. McDonald's Corporation has a 1-year low of $276.53 and a 1-year high of $326.32. The firm has a market cap of $223.93 billion, a price-to-earnings ratio of 26.89, a price-to-earnings-growth ratio of 3.19 and a beta of 0.52.

McDonald's (NYSE:MCD - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The fast-food giant reported $3.19 EPS for the quarter, beating the consensus estimate of $3.15 by $0.04. McDonald's had a net margin of 32.21% and a negative return on equity of 225.52%. The company had revenue of $6.84 billion for the quarter, compared to analyst estimates of $6.68 billion. During the same quarter last year, the business earned $2.97 earnings per share. The firm's revenue was up 5.4% on a year-over-year basis. On average, sell-side analysts anticipate that McDonald's Corporation will post 12.25 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, September 16th. Investors of record on Tuesday, September 2nd will be paid a $1.77 dividend. This represents a $7.08 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 2nd. McDonald's's payout ratio is currently 60.67%.

Insiders Place Their Bets

In other news, insider Joseph M. Erlinger sold 939 shares of the business's stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $299.49, for a total value of $281,221.11. Following the completion of the sale, the insider directly owned 9,283 shares in the company, valued at $2,780,165.67. The trade was a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Jonathan Banner sold 1,000 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $310.00, for a total value of $310,000.00. Following the transaction, the executive vice president directly owned 99 shares of the company's stock, valued at approximately $30,690. The trade was a 90.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,341 shares of company stock worth $2,229,327 in the last 90 days. 0.25% of the stock is currently owned by company insiders.

McDonald's Profile

McDonald's Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.

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