McDonald's Corporation $MCD Shares Sold by Andra AP fonden

Key Points

• Andra AP fonden reduced its McDonald’s stake by 5.9% in the second quarter, selling 5,160 shares and retaining 82,011 shares valued at approximately $22.2 million. Institutional investors collectively own 70.29% of the company.
• McDonald’s reported quarterly EPS of $3.38, exceeding estimates, while revenue rose 3.7% year over year to $7.10 billion. The company also increased its quarterly dividend to $1.93 per share, representing a 3.1% annualized yield.
• Shares recently traded near $251.64, well below the 52-week high of $341.75. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $317.04, though several firms recently lowered their targets amid concerns about U.S. sales and execution.

Andra AP fonden trimmed its stake in shares of McDonald's Corporation (NYSE:MCD - Free Report) by 5.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,011 shares of the fast-food giant's stock after selling 5,160 shares during the period. Andra AP fonden's holdings in McDonald's were worth $22,168,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. State Street Corp raised its position in McDonald's by 1.8% during the second quarter. State Street Corp now owns 36,080,505 shares of the fast-food giant's stock worth $9,752,921,000 after acquiring an additional 646,675 shares during the last quarter. Security National Bank of Sioux City Iowa IA acquired a new position in shares of McDonald's during the 2nd quarter worth approximately $71,000. Anchor Investment Management LLC raised its position in shares of McDonald's by 3.6% during the 2nd quarter. Anchor Investment Management LLC now owns 15,607 shares of the fast-food giant's stock worth $4,219,000 after purchasing an additional 537 shares during the last quarter. Bullseye Investment Management LLC purchased a new stake in McDonald's in the 2nd quarter valued at approximately $133,000. Finally, Marathon Wealth Advisors LLC boosted its stake in shares of McDonald's by 1.4% during the second quarter. Marathon Wealth Advisors LLC now owns 10,510 shares of the fast-food giant's stock valued at $2,841,000 after acquiring an additional 148 shares during the last quarter. Hedge funds and other institutional investors own 70.29% of the company's stock.

McDonald's News Summary

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

• Positive Sentiment: McDonald’s remains an attractive income investment after reaching 50 consecutive years of dividend increases. The quarterly dividend was raised 4% to $1.93 per share, or $7.72 annually, supporting a forward yield above 3% at recent prices. McDonald’s Becomes a Dividend King
• Positive Sentiment: One bullish analysis argues that the selloff has created valuation upside, citing an estimated intrinsic value of $309.29, largely intact earnings expectations, a discounted multiple and efforts to reset U.S. value offerings and improve franchisee alignment. McDonald’s Stock Selloff Is Hiding an Even Better Setup
• Neutral Sentiment: The limited-time Global Favorites menu and the returning Monopoly promotion could support customer engagement and traffic, but neither is likely to materially change near-term earnings without evidence of sustained sales improvement. McDonald’s Global Favorites Menu
• Neutral Sentiment: Management says customers using GLP-1 medications are still visiting McDonald’s, increasingly choosing smaller portions such as Happy Meals. This may preserve visits but could pressure average transaction values unless McDonald’s successfully adapts its menu. McDonald’s CEO Discusses GLP-1 Users
• Negative Sentiment: Investor attention remains focused on disappointing U.S. performance and execution challenges. Investors will want measurable targets and timelines at the investor day; vague initiatives or additional discounting without traffic improvement could keep pressure on the stock. McDonald’s Investor Day Expectations
• Negative Sentiment: Recent comparisons with Restaurant Brands highlight stronger competitor earnings growth and Burger King momentum, increasing pressure on McDonald’s to demonstrate that its strategy can reverse slowing sales. McDonald’s vs. Restaurant Brands

Wall Street Analysts Forecast Growth

MCD has been the subject of several analyst reports. Argus cut their price target on McDonald's from $320.00 to $310.00 and set a "buy" rating for the company in a report on Wednesday, August 26th. Guggenheim decreased their target price on shares of McDonald's from $320.00 to $290.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 5th. Sanford C. Bernstein restated a "market perform" rating and issued a $295.00 target price on shares of McDonald's in a report on Wednesday, August 5th. KeyCorp reaffirmed an "overweight" rating on shares of McDonald's in a research report on Monday. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of McDonald's in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat.com, McDonald's has a consensus rating of "Moderate Buy" and an average target price of $317.04.

McDonald's Price Performance

MCD stock traded up $3.76 during midday trading on Tuesday, reaching $251.64. 2,386,045 shares of the company's stock traded hands, compared to its average volume of 4,012,262. The company has a market capitalization of $178.07 billion, a P/E ratio of 20.44, a PEG ratio of 2.68 and a beta of 0.41. McDonald's Corporation has a fifty-two week low of $246.52 and a fifty-two week high of $341.75. The business has a 50-day moving average price of $264.49 and a two-hundred day moving average price of $282.91.

McDonald's (NYSE:MCD - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (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 analyst estimates of $7.13 billion. McDonald's had a net margin of 31.72% and a negative return on equity of 572.06%. The business's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.19 earnings per share. As a group, research analysts forecast that McDonald's Corporation will post 12.88 earnings per share for the current fiscal year.

McDonald's Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a $1.93 dividend. This represents a $7.72 annualized dividend and a yield of 3.1%. This is a boost from McDonald's's previous quarterly dividend of $1.86. The ex-dividend date of this dividend is Tuesday, December 1st. McDonald's's dividend payout ratio is 60.44%.

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.

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