Natixis Advisors LLC Has $289.91 Million Stock Position in McDonald’s Corporation $MCD

Natixis Advisors LLC grew its position in shares of McDonald’s Corporation (NYSE:MCD) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 948,557 shares of the fast-food giant’s stock after acquiring an additional 35,377 shares during the quarter. Natixis Advisors LLC’s holdings in McDonald’s were worth $289,908,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Encompass More Asset Management boosted its holdings in shares of McDonald’s by 1.5% in the 4th quarter. Encompass More Asset Management now owns 2,120 shares of the fast-food giant’s stock valued at $648,000 after buying an additional 32 shares during the last quarter. Physician Wealth Advisors Inc. boosted its holdings in shares of McDonald’s by 1.6% in the 4th quarter. Physician Wealth Advisors Inc. now owns 2,102 shares of the fast-food giant’s stock valued at $642,000 after buying an additional 33 shares during the last quarter. CFO4Life Group LLC boosted its holdings in shares of McDonald’s by 2.1% in the 3rd quarter. CFO4Life Group LLC now owns 1,669 shares of the fast-food giant’s stock valued at $507,000 after buying an additional 34 shares during the last quarter. American National Bank of Texas boosted its holdings in shares of McDonald’s by 2.9% in the 4th quarter. American National Bank of Texas now owns 1,191 shares of the fast-food giant’s stock valued at $364,000 after buying an additional 34 shares during the last quarter. Finally, Allied Investment Advisors LLC boosted its holdings in shares of McDonald’s by 2.6% in the 4th quarter. Allied Investment Advisors LLC now owns 1,366 shares of the fast-food giant’s stock valued at $417,000 after buying an additional 34 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MCD. BTIG Research reissued a “buy” rating and issued a $370.00 price objective on shares of McDonald’s in a report on Thursday, May 7th. Argus upgraded McDonald’s from a “hold” rating to a “buy” rating and set a $380.00 price target on the stock in a research note on Friday, February 13th. 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. Evercore set a $350.00 price target on McDonald’s in a research note on Friday, May 8th. Finally, Barclays dropped their price target on McDonald’s from $380.00 to $350.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Sixteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $334.45.

Insider Buying and Selling at McDonald’s

In other McDonald’s news, insider Joseph M. Erlinger sold 2,626 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $307.00, for a total transaction of $806,182.00. Following the transaction, the insider owned 8,400 shares in the company, valued at $2,578,800. This trade represents a 23.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the stock in a transaction on Thursday, May 28th. The stock was 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 $1,744,760.48. The trade was a 30.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,681 shares of company stock worth $2,631,594 in the last quarter. Company insiders own 0.26% of the company’s stock.

McDonald’s Price Performance

MCD stock opened at $276.19 on Tuesday. The stock has a market capitalization of $196.23 billion, a price-to-earnings ratio of 22.77, a PEG ratio of 2.78 and a beta of 0.41. The business’s fifty day moving average price is $294.66 and its two-hundred day moving average price is $308.42. McDonald’s Corporation has a fifty-two week low of $271.98 and a fifty-two week high of $341.75.

McDonald’s (NYSE:MCD) last posted 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 firm had revenue of $6.52 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the business earned $2.67 EPS. Research analysts expect that McDonald’s Corporation will post 12.93 EPS for the current year.

McDonald’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd will be given a dividend of $1.86 per share. The ex-dividend date is Tuesday, June 2nd. This represents a $7.44 annualized dividend and a yield of 2.7%. McDonald’s’s dividend payout ratio (DPR) is presently 61.34%.

McDonald’s News Summary

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

• Positive Sentiment: McDonald’s unveiled its “McDonald’s NEXT” growth strategy, centered on automation, improved restaurant design, better-tasting food and drinks, stronger customer service, and social-media-led marketing, which could support long-term sales and efficiency. Article Title
• Positive Sentiment: Recent analysis suggests McDonald’s may be winning the value wars by attracting cautious consumers with low-cost meals, menu innovation, and strong marketing, which could help protect traffic and market share. Article Title
• Neutral Sentiment: The company also highlighted plans to make restaurants easier to run and support franchisees, which may improve margins over time but likely will take time to show up in results. Article Title
• Neutral Sentiment: An EVP sold 2,763 shares in a recent insider transaction, which may weigh on sentiment slightly but does not by itself signal a major business problem. Article Title

McDonald’s Company 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.