McDonald’s Corporation $MCD Shares Sold by Trek Financial LLC

Trek Financial LLC reduced its holdings in McDonald’s Corporation (NYSE:MCD) by 74.2% during the 4th quarter, Holdings Channel reports. The fund owned 1,417 shares of the fast-food giant’s stock after selling 4,072 shares during the quarter. Trek Financial LLC’s holdings in McDonald’s were worth $433,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. AG2R LA Mondiale Gestion D Actifs increased its position in McDonald’s by 6.2% in the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 28,256 shares of the fast-food giant’s stock valued at $8,636,000 after acquiring an additional 1,661 shares during the period. Certior Financial Group LLC increased its position in McDonald’s by 8.0% in the 4th quarter. Certior Financial Group LLC now owns 1,459 shares of the fast-food giant’s stock valued at $446,000 after acquiring an additional 108 shares during the period. Nicholas Company Inc. increased its position in McDonald’s by 11.5% in the 4th quarter. Nicholas Company Inc. now owns 199,475 shares of the fast-food giant’s stock valued at $60,966,000 after acquiring an additional 20,565 shares during the period. 49 Wealth Management LLC increased its position in McDonald’s by 35.2% in the 4th quarter. 49 Wealth Management LLC now owns 1,366 shares of the fast-food giant’s stock valued at $418,000 after acquiring an additional 356 shares during the period. Finally, Kepler Cheuvreux Suisse SA increased its position in McDonald’s by 4.8% in the 4th quarter. Kepler Cheuvreux Suisse SA now owns 10,894 shares of the fast-food giant’s stock valued at $3,330,000 after acquiring an additional 501 shares during the period. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on MCD. Erste Group Bank cut McDonald’s from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Robert W. Baird set a $305.00 price target on McDonald’s in a research note on Thursday, May 7th. Piper Sandler increased their price target on McDonald’s from $323.00 to $325.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Guggenheim decreased their price target on McDonald’s from $325.00 to $320.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Finally, Rothschild & Co Redburn raised McDonald’s from a “sell” rating to a “neutral” rating and increased their price target for the company from $260.00 to $306.00 in a research note on Thursday, April 23rd. Seventeen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $334.45.

McDonald’s Stock Performance

Shares of NYSE MCD opened at $275.56 on Thursday. The firm has a market cap of $195.79 billion, a P/E ratio of 22.72, a PEG ratio of 2.73 and a beta of 0.43. The stock has a fifty day moving average price of $306.54 and a two-hundred day moving average price of $310.47. McDonald’s Corporation has a 1 year low of $271.98 and a 1 year high of $341.75.

McDonald’s (NYSE:MCD) last released its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 earnings per share for the quarter, topping the consensus estimate 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 negative return on equity of 442.10% and a net margin of 31.62%.The company’s revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company posted $2.67 EPS. On average, research analysts predict that McDonald’s Corporation will post 12.96 earnings per share for the current fiscal year.

More McDonald’s News

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

• Positive Sentiment: McDonald’s announced a landmark stadium naming-rights deal with the Chicago Fire, branding the new venue “McDonald’s Park.” The partnership expands brand visibility, includes a new flagship restaurant, and supports youth soccer and community programs, which could help long-term brand strength. McDonald’s and Chicago Fire Football Club Announce Landmark Stadium Naming Rights Partnership
• Neutral Sentiment: Several reports highlighted McDonald’s recent first-quarter beat and noted that analysts still see the company as a strong blue-chip dividend name, even after RBC trimmed its price target. This supports the view that the business remains fundamentally solid, but the market is still cautious on near-term upside. RBC Capital Trims Price Target on McDonald’s (MCD) Despite Better-than-Expected Q1
• Neutral Sentiment: Other coverage focused on McDonald’s pricing, breakfast promotions, and broader restaurant-stock trends, which may influence consumer perception but do not appear to be immediate stock catalysts.
• Negative Sentiment: Investors are weighing worries that rising gas prices could squeeze consumers and reduce fast-food visits, adding pressure to McDonald’s shares after the recent earnings report. McDonald's Stock Hits 52-Week Lows: High Gas Prices Could Make Things Worse

Insider Transactions at McDonald’s

In other news, CEO Christopher J. Kempczinski sold 26,276 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $333.54, for a total transaction of $8,764,097.04. Following the completion of the sale, the chief executive officer directly owned 22,900 shares of the company’s stock, valued at $7,638,066. This trade represents a 53.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Jonathan Banner sold 6,201 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $333.29, for a total value of $2,066,731.29. Following the sale, the executive vice president directly owned 2,291 shares of the company’s stock, valued at approximately $763,567.39. This represents a 73.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 38,395 shares of company stock valued at $12,710,070 in the last three months. 0.26% of the stock is currently owned by corporate insiders.

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.