Groupama Asset Managment Sells 2,431 Shares of McDonald’s Corporation $MCD

Groupama Asset Managment decreased its stake in McDonald’s Corporation (NYSE:MCD) by 35.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,492 shares of the fast-food giant’s stock after selling 2,431 shares during the quarter. Groupama Asset Managment’s holdings in McDonald’s were worth $1,396,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MCD. WNY Asset Management LLC purchased a new position in shares of McDonald’s during the 1st quarter valued at about $1,548,000. GKV Capital Management Co. Inc. bought a new position in shares of McDonald’s during the 1st quarter valued at approximately $33,000. Vestor Capital LLC increased its holdings in McDonald’s by 6,106.7% in the 1st quarter. Vestor Capital LLC now owns 47,419 shares of the fast-food giant’s stock worth $14,737,000 after acquiring an additional 46,655 shares in the last quarter. Hobbs Group Advisors LLC purchased a new stake in McDonald’s in the 1st quarter worth approximately $201,000. Finally, Leigh Baldwin & CO. LLC raised its stake in McDonald’s by 4.7% during the 1st quarter. Leigh Baldwin & CO. LLC now owns 1,497 shares of the fast-food giant’s stock worth $465,000 after acquiring an additional 67 shares during the period. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Performance

Shares of NYSE:MCD opened at $270.83 on Friday. The firm has a fifty day moving average price of $274.88 and a 200 day moving average price of $297.69. McDonald’s Corporation has a fifty-two week low of $260.96 and a fifty-two week high of $341.75. The firm has a market cap of $192.43 billion, a price-to-earnings ratio of 22.33, a P/E/G ratio of 2.91 and a beta of 0.41.

McDonald’s (NYSE:MCD) last posted its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.09. The company had revenue of $6.52 billion during the quarter, compared to analysts’ expectations of $6.47 billion. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. McDonald’s’s quarterly revenue was up 9.4% on a year-over-year basis. During the same period last year, the company posted $2.67 earnings per share. As a group, research analysts predict that McDonald’s Corporation will post 12.86 earnings per share for the current year.

McDonald’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be issued a $1.86 dividend. This represents a $7.44 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s payout ratio is 61.34%.

Analyst Upgrades and Downgrades

MCD has been the topic of several analyst reports. BTIG Research lowered their price target on shares of McDonald’s from $370.00 to $350.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Wells Fargo & Company reduced their price objective on shares of McDonald’s from $320.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. UBS Group decreased their price objective on shares of McDonald’s from $365.00 to $340.00 and set a “buy” rating on the stock in a research report on Monday, July 27th. Evercore set a $320.00 target price on shares of McDonald’s in a research note on Thursday, July 23rd. Finally, TD Cowen reaffirmed a “hold” rating on shares of McDonald’s in a report on Friday, June 12th. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $331.92.

Insider Activity

In related news, insider Joseph M. Erlinger sold 5,252 shares of the business’s stock in a transaction dated 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 directly owned 7,734 shares in the company, valued at approximately $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 6,268 shares of the company’s stock, valued at approximately $1,744,760.48. The trade was a 30.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 8,348 shares of company stock worth $2,355,634 over the last ninety days. Insiders own 0.26% of the company’s stock.

Key McDonald’s News

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

• Positive Sentiment: Unusually heavy call-option activity suggests some traders are positioning for upside. Investors purchased 32,245 calls, approximately 45% above the average volume of 22,241 calls.
• Positive Sentiment: Technical analyst Jay Woods said McDonald’s chart is beginning to form a potential buy signal, which could attract bargain hunters after the stock’s recent correction. CNBC article
• Positive Sentiment: McDonald’s continues to appeal to income-focused investors after declaring a quarterly dividend of $1.86 per share. Analysts also maintain a consensus “moderate buy” recommendation. Dividend strength and softer sales expectations Consensus recommendation
• Neutral Sentiment: Investors are focused on value meals, menu innovation, digital promotions, same-store sales, margins and management’s outlook when McDonald’s reports second-quarter results. Q2 earnings factors
• Negative Sentiment: Mizuho lowered its price target from $300 to $290 and assigned a “neutral” rating, signaling limited conviction despite implied upside from current levels.
• Negative Sentiment: The stock has remained below its 200-week moving average for the longest stretch since 2003, highlighting persistent technical weakness. Barchart technical analysis
• Negative Sentiment: Analysts expect softer sales and weaker earnings, particularly as lower-income consumers remain pressured. That caution could limit gains before the earnings release. McDonald’s stock ahead of August 4 earnings

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.