McDonald’s Corporation $MCD Shares Bought by Vista Investment Partners LLC

Vista Investment Partners LLC increased its stake in McDonald’s Corporation (NYSE:MCD) by 68.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,484 shares of the fast-food giant’s stock after acquiring an additional 6,314 shares during the quarter. Vista Investment Partners LLC’s holdings in McDonald’s were worth $3,576,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MCD. State Street Corp raised its holdings in McDonald’s by 2.7% during the 4th quarter. State Street Corp now owns 35,983,997 shares of the fast-food giant’s stock worth $10,997,789,000 after buying an additional 959,140 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of McDonald’s by 7.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,560,037 shares of the fast-food giant’s stock valued at $1,699,314,000 after purchasing an additional 384,762 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of McDonald’s in the second quarter worth $1,359,276,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of McDonald’s by 17.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,637,785 shares of the fast-food giant’s stock valued at $1,130,587,000 after buying an additional 533,448 shares in the last quarter. Finally, Diamant Asset Management Inc. raised its position in McDonald’s by 30,979.0% during the first quarter. Diamant Asset Management Inc. now owns 2,596,340 shares of the fast-food giant’s stock valued at $806,917,000 after buying an additional 2,587,986 shares during the period. 70.29% of the stock is owned by hedge funds and other institutional investors.

McDonald’s Price Performance

NYSE:MCD traded up $6.13 during trading hours on Thursday, reaching $237.01. The company’s stock had a trading volume of 4,298,396 shares, compared to its average volume of 4,184,619. The company has a market cap of $167.72 billion, a price-to-earnings ratio of 19.21, a price-to-earnings-growth ratio of 2.60 and a beta of 0.44. McDonald’s Corporation has a one year low of $229.20 and a one year high of $341.75. The business’s 50-day moving average is $256.66 and its 200-day moving average is $275.31.

McDonald’s (NYSE:MCD) last announced its quarterly earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share for the quarter, topping analysts’ consensus estimates of $3.32 by $0.06. The company had revenue of $7.10 billion during the quarter, compared to analysts’ expectations of $7.13 billion. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%.The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.19 earnings per share. On average, sell-side analysts predict that McDonald’s Corporation will post 12.85 EPS for the current fiscal year.

McDonald’s Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be issued a $1.93 dividend. This is an increase from McDonald’s’s previous quarterly dividend of $1.86. The ex-dividend date is Tuesday, December 1st. This represents a $7.72 annualized dividend and a yield of 3.3%. McDonald’s’s dividend payout ratio is presently 60.44%.

Trending Headlines about McDonald’s

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

• Positive Sentiment: Some analysts view McDonald’s compressed valuation, strong franchise-driven margins and cash generation as an opportunity. One recent analysis upgraded the shares, arguing that same-store sales may be an overstated measure of the company’s underlying quality. McDonald’s: Same-Store Sales Are An Overrated Metric
• Positive Sentiment: The company’s higher dividend and appointment of a new U.S. president signal continued confidence in shareholder returns and an effort to address softer domestic traffic. What Is McDonald’s Signaling With Its Faster Dividend And New US Chief?
• Positive Sentiment: The planned $8.5 billion modernization program could improve restaurant experience, speed and franchise economics over time, potentially supporting longer-term sales growth. McDonald’s Wants Its Franchisees to Modernize
• Neutral Sentiment: McDonald’s was included in coverage of consumer-stock opportunities and appeared to benefit from broader restaurant-sector interest, including takeover speculation involving Chipotle; however, that speculation does not directly improve MCD’s fundamentals. Restaurant Stocks and Takeover Talk
• Negative Sentiment: Sanford C. Bernstein cut its price target from $295 to $250 and maintained a “market perform” rating, highlighting limited near-term upside and uncertainty over the growth trajectory.
• Negative Sentiment: A proposed antitrust class action alleges McDonald’s AI-assisted pricing tool enables franchisees to share nonpublic data and coordinate menu prices. McDonald’s denies the allegations and says the system only recommends prices and cannot set them directly. McDonald’s sued over alleged AI-powered menu price-fixing
• Negative Sentiment: Franchisees are reportedly resisting remodel costs of at least $800,000 per restaurant, raising concerns about execution, franchisee profitability and potential pressure on future investment. Meanwhile, discount campaigns such as $5 meals and $6 combos have reportedly failed to consistently bring customers back. McDonald’s Franchisees Push Back on Remodeling Costs

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on MCD. HSBC reduced their price objective on McDonald’s from $357.00 to $356.00 and set a “buy” rating for the company in a research note on Wednesday, August 5th. Freedom Capital upgraded McDonald’s from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Weiss Ratings lowered shares of McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. Jefferies Financial Group lowered their price objective on shares of McDonald’s from $260.00 to $250.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. Finally, Argus dropped their price objective on shares of McDonald’s from $320.00 to $310.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $295.94.

McDonald’s Company Profile

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.