Meadowbrook Advisors Group LLC Invests $1.92 Million in McDonald's Corporation $MCD

Key Points

• Meadowbrook Advisors Group LLC opened a new position in McDonald’s during the fourth quarter, buying 6,274 shares worth about $1.92 million.
• McDonald’s reported better-than-expected quarterly results, posting EPS of $2.83 versus estimates of $2.74 and revenue of $6.52 billion versus $6.47 billion expected. Revenue rose 9.4% year over year.
• Recent filings showed insider selling, including transactions by EVP Desiree Ralls-Morrison and Joseph M. Erlinger, while analysts currently rate the stock a Moderate Buy with an average price target of $336.26.

Meadowbrook Advisors Group LLC bought a new position in McDonald's Corporation (NYSE:MCD - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 6,274 shares of the fast-food giant's stock, valued at approximately $1,918,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Your Advocates Ltd. LLP bought a new position in shares of McDonald's in the fourth quarter worth about $27,000. Park Place Capital Corp lifted its position in shares of McDonald's by 95.7% during the 4th quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant's stock valued at $28,000 after buying an additional 45 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new position in shares of McDonald's during the 4th quarter valued at approximately $29,000. Abound Financial LLC bought a new position in shares of McDonald's during the 4th quarter valued at approximately $30,000. Finally, DecisionPoint Financial LLC increased its holdings in McDonald's by 1,616.7% in the 4th quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant's stock worth $31,000 after acquiring an additional 97 shares in the last quarter. 70.29% of the stock is currently owned by hedge funds and other institutional investors.

More McDonald's News

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

• Positive Sentiment: McDonald’s is reviving its original Fried Apple Pie for the first time since 1992, a nostalgia-driven menu move that could boost customer traffic, social buzz, and limited-time sales. McDonald’s (MCD) Brings Back Fried Apple Pie After More Than 30 Years
• Positive Sentiment: Recent analyst coverage highlighted McDonald’s value meals, menu innovation, and brand activations as helping lift same-store sales, with Australia cited as a key area of momentum. McDonald's Blends Value With Brand Activations: Is It Paying Off?
• Positive Sentiment: Seeking Alpha published a rating upgrade arguing McDonald’s “McValue” strategy has finally reached buy territory, reinforcing the case that the company’s value offerings are supporting demand. McDonald's (Mc)Value Finally Reaches Buy Territory (Rating Upgrade)
• Neutral Sentiment: Coverage around McDonald’s AI drive-thru plans suggests the company is still experimenting with automation to improve service and efficiency, but the near-term stock impact is unclear. McDonald’s AI drive-thru may take your next order
• Neutral Sentiment: Several articles about historic landmarks, Happy Meal toys, and food trivia are mostly brand-related publicity and are less likely to materially move the stock on their own.
• Negative Sentiment: Some recent commentary remains cautious, with one article arguing McDonald’s is still delivering but not enough to justify a buy, which may temper enthusiasm for the shares. McDonald's: Still Delivering, But Not Enough For A Buy

Insider Buying and Selling at McDonald's

In other McDonald's news, EVP Desiree Ralls-Morrison sold 2,763 shares of the business's stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total value of $769,108.68. Following the sale, the executive vice president owned 6,268 shares in the company, valued at $1,744,760.48. The trade was a 30.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Joseph M. Erlinger sold 5,252 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the transaction, the insider directly owned 7,734 shares of the company's stock, valued at $2,198,930.88. This trade represents a 40.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,307 shares of company stock valued at $3,262,622 over the last ninety days. 0.26% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on MCD shares. Wells Fargo & Company decreased their target price on shares of McDonald's from $355.00 to $320.00 and set an "overweight" rating on the stock in a research note on Friday, May 8th. KeyCorp dropped their price target on shares of McDonald's from $345.00 to $330.00 and set an "overweight" rating for the company in a research report on Friday, May 8th. TD Cowen reissued a "hold" rating on shares of McDonald's in a research note on Friday, June 12th. Evercore set a $350.00 price objective on shares of McDonald's in a research report on Friday, May 8th. Finally, BTIG Research restated a "buy" rating and set a $370.00 target price on shares of McDonald's in a research note on Thursday, May 7th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $336.26.

McDonald's Price Performance

MCD stock opened at $279.00 on Friday. McDonald's Corporation has a 1-year low of $271.85 and a 1-year high of $341.75. The company has a market capitalization of $198.23 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 2.78 and a beta of 0.41. The business has a 50 day simple moving average of $286.98 and a two-hundred day simple moving average of $305.80.

McDonald's (NYSE:MCD - Get Free Report) 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 analysts' consensus estimates of $2.74 by $0.09. The business had revenue of $6.52 billion during the quarter, compared to analyst estimates of $6.47 billion. McDonald's had a net margin of 31.62% and a negative return on equity of 442.10%. The company's revenue was up 9.4% on a year-over-year basis. During the same period last year, the firm posted $2.67 EPS. Sell-side analysts anticipate that McDonald's Corporation will post 12.93 EPS for the current fiscal year.

McDonald's Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd were given a dividend of $1.86 per share. The ex-dividend date was Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.7%. McDonald's's dividend payout ratio is currently 61.34%.

McDonald's 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.

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