Montag A & Associates Inc. Has $8.24 Million Stock Holdings in McDonald’s Corporation $MCD

Montag A & Associates Inc. grew its position in shares of McDonald’s Corporation (NYSE:MCD) by 11.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,506 shares of the fast-food giant’s stock after acquiring an additional 2,807 shares during the quarter. Montag A & Associates Inc.’s holdings in McDonald’s were worth $8,238,000 at the end of the most recent reporting period.

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

McDonald’s Stock Up 1.0%

NYSE:MCD opened at $282.30 on Wednesday. The stock’s 50 day moving average price is $279.44 and its two-hundred day moving average price is $302.61. The firm has a market capitalization of $200.57 billion, a price-to-earnings ratio of 23.27, a P/E/G ratio of 2.79 and a beta of 0.41. McDonald’s Corporation has a 12-month low of $264.53 and a 12-month high of $341.75.

McDonald’s (NYSE:MCD) last issued its earnings results on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, topping the consensus estimate of $2.74 by $0.09. The company had revenue of $6.52 billion during the quarter, compared to the consensus estimate of $6.47 billion. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.67 EPS. Equities research analysts expect that McDonald’s Corporation will post 12.93 EPS for the current year.

McDonald’s Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were paid a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Tuesday, June 2nd. McDonald’s’s dividend payout ratio (DPR) is currently 61.34%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. KeyCorp decreased their price objective on McDonald’s from $330.00 to $315.00 and set an “overweight” rating for the company in a report on Monday, June 29th. Erste Group Bank lowered McDonald’s from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Wells Fargo & Company decreased their price target on McDonald’s from $355.00 to $320.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Rothschild & Co Redburn raised McDonald’s from a “sell” rating to a “neutral” rating and boosted their price target for the stock from $260.00 to $306.00 in a research report on Thursday, April 23rd. Finally, Weiss Ratings cut McDonald’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Sixteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, McDonald’s currently has an average rating of “Moderate Buy” and a consensus target price of $335.70.

More McDonald’s News

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

• Positive Sentiment: McDonald’s is rolling out a BT21 x Happy Meal collaboration tied to BTS/LINE FRIENDS, which could boost traffic and social-media buzz among younger consumers. Article Title
• Positive Sentiment: The company is also bringing back a fan-favorite product, the fried apple pie, and promoting limited-time fries giveaways, both of which can support short-term sales and restaurant traffic. Article Title Article Title
• Positive Sentiment: Several pieces framed McDonald’s as a quality, low-stress, dividend-friendly stock, reinforcing its appeal as a defensive hold during market volatility. Article Title Article Title
• Neutral Sentiment: Analysts and market commentators are debating McDonald’s versus rivals like Chipotle and Burger King, but these are mostly comparison pieces rather than fresh company-specific catalysts. Article Title
• Neutral Sentiment: Options activity and technical commentary suggest traders may be positioning for a bigger move in MCD, but the direction is not clear from the headlines alone. Article Title
• Negative Sentiment: Rival fast-food chains are stepping up competition with new chicken sandwiches and other menu pushes, which could pressure McDonald’s sales if competitors keep stealing share. Article Title Article Title

Insider Activity

In related news, EVP Desiree Ralls-Morrison sold 2,763 shares of the company’s stock in a transaction dated 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 owned 6,268 shares in the company, valued at approximately $1,744,760.48. This represents a 30.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Joseph M. Erlinger sold 5,252 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the sale, the insider owned 7,734 shares of the company’s stock, valued at $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 11,307 shares of company stock valued at $3,262,622 in the last ninety days. 0.26% of the stock is currently owned by 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.