TrustBank Purchases Shares of 1,788 McDonald’s Corporation $MCD

TrustBank purchased a new stake in shares of McDonald’s Corporation (NYSE:MCD) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,788 shares of the fast-food giant’s stock, valued at approximately $546,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cypress Capital Management LLC WY boosted its stake in McDonald’s by 7.0% during the 4th quarter. Cypress Capital Management LLC WY now owns 535 shares of the fast-food giant’s stock valued at $164,000 after purchasing an additional 35 shares during the last quarter. Integrity Alliance LLC. boosted its stake in McDonald’s by 36.9% during the 4th quarter. Integrity Alliance LLC. now owns 8,494 shares of the fast-food giant’s stock valued at $2,596,000 after purchasing an additional 2,288 shares during the last quarter. Integrity Advisory Solutions LLC boosted its stake in McDonald’s by 16.0% during the 4th quarter. Integrity Advisory Solutions LLC now owns 1,057 shares of the fast-food giant’s stock valued at $323,000 after purchasing an additional 146 shares during the last quarter. Wealth Advisors of Tampa Bay LLC lifted its position in shares of McDonald’s by 9.5% during the 4th quarter. Wealth Advisors of Tampa Bay LLC now owns 19,469 shares of the fast-food giant’s stock worth $5,950,000 after buying an additional 1,685 shares in the last quarter. Finally, Collaborative Wealth Managment Inc. lifted its position in shares of McDonald’s by 9.5% during the 4th quarter. Collaborative Wealth Managment Inc. now owns 11,983 shares of the fast-food giant’s stock worth $3,662,000 after buying an additional 1,035 shares in the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

McDonald’s Trading Down 0.9%

NYSE:MCD opened at $279.74 on Wednesday. The stock has a market capitalization of $198.76 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of 2.81 and a beta of 0.43. The firm’s 50 day moving average is $297.94 and its 200 day moving average is $309.05. McDonald’s Corporation has a 12 month low of $271.98 and a 12 month high of $341.75.

McDonald’s (NYSE:MCD) last posted its quarterly earnings results on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $0.09. The company had revenue of $6.52 billion for 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 revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.67 EPS. Research analysts predict that McDonald’s Corporation will post 12.93 earnings per share for the current year.

McDonald’s Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be issued a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, June 2nd. McDonald’s’s payout ratio is 61.34%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Robert W. Baird set a $305.00 target price on shares of McDonald’s in a research report on Thursday, May 7th. TD Cowen dropped their target price on shares of McDonald’s from $330.00 to $300.00 and set a “hold” rating on the stock in a research report on Thursday, May 7th. Argus raised shares of McDonald’s from a “hold” rating to a “buy” rating and set a $380.00 target price on the stock in a research report on Friday, February 13th. KeyCorp dropped their target price on shares of McDonald’s from $345.00 to $330.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, Wells Fargo & Company dropped their target price on shares of McDonald’s from $355.00 to $320.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Seventeen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, McDonald’s has an average rating of “Moderate Buy” and a consensus target price of $334.45.

Trending Headlines about McDonald’s

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

• Positive Sentiment: McDonald’s is expanding internationally, with new restaurant openings in Kyiv and Lviv, underscoring continued growth in its global footprint and long-term brand resilience. McDonald’s expands in Ukraine; Penetron technology helps protect concrete
• Positive Sentiment: Several articles highlight strong consumer interest in McDonald’s menu and value options, including budget lunch picks and ordering tips, which may support traffic and reinforce the company’s value proposition. 11 best McDonald’s orders to pick up for lunch under $10
• Neutral Sentiment: Holiday-hours and menu-history stories are largely informational and unlikely to materially affect the stock, though they can keep McDonald’s top of mind with consumers. Why McDonald’s Won’t Let You Order Fries For Breakfast
• Neutral Sentiment: A feature on a former McDonald’s executive who helped Burger King succeed is more of an industry-interest piece than a direct catalyst for McDonald’s shares. The former McDonald’s exec who helped make Burger King a success
• Negative Sentiment: Analyst coverage from Zacks highlights inflation pressure, rising beef and energy costs, and supply-chain disruptions that could squeeze franchisee margins and weigh on profitability. Can McDonald’s Support Franchisee Margins Amid Inflation Pressure?
• Negative Sentiment: Reports that McDonald’s is quietly removing a beloved customer perk may raise a small consumer-relations concern, though the impact is likely limited. McDonald’s is quietly getting rid of this beloved customer perk

Insider Activity at McDonald’s

In related news, insider Joseph M. Erlinger sold 333 shares of McDonald’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $302.72, for a total value of $100,805.76. Following the sale, the insider owned 8,067 shares of the company’s stock, valued at approximately $2,442,042.24. The trade was a 3.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 5,585 shares of company stock valued at $1,769,209. Insiders own 0.26% of the company’s stock.

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.