TSG Advice Partners LLC Buys 5,438 Shares of McDonald’s Corporation $MCD

TSG Advice Partners LLC bought a new stake in McDonald’s Corporation (NYSE:MCD) during the third quarter, HoldingsChannel.com reports. The firm bought 5,438 shares of the fast-food giant’s stock, valued at approximately $1,256,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GKV Capital Management Co. Inc. acquired a new position in shares of McDonald’s during the 1st quarter worth $33,000. POM Investment Strategies LLC lifted its position in shares of McDonald’s by 46.2% during the 2nd quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock worth $47,000 after buying an additional 55 shares during the last quarter. Westfuller Advisors LLC boosted its stake in McDonald’s by 140.0% in the second quarter. Westfuller Advisors LLC now owns 180 shares of the fast-food giant’s stock valued at $49,000 after buying an additional 105 shares in the last quarter. Burkett Financial Services LLC boosted its stake in McDonald’s by 2,312.5% in the third quarter. Burkett Financial Services LLC now owns 193 shares of the fast-food giant’s stock valued at $45,000 after buying an additional 185 shares in the last quarter. Finally, Main Street Group LTD acquired a new stake in McDonald’s in the first quarter valued at about $64,000. Institutional investors own 70.29% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Bank of America lifted their target price on McDonald’s from $339.00 to $343.00 in a research report on Wednesday, August 5th. Sanford C. Bernstein dropped their target price on shares of McDonald’s from $295.00 to $250.00 and set a “market perform” rating for the company in a report on Thursday, October 8th. BTIG Research restated a “buy” rating and issued a $295.00 price target on shares of McDonald’s in a research note on Monday, October 26th. TD Cowen reduced their price target on shares of McDonald’s from $282.00 to $270.00 and set a “hold” rating on the stock in a research note on Thursday, September 24th. Finally, DZ Bank reaffirmed a “buy” rating on shares of McDonald’s in a report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $294.73.

McDonald’s Stock Performance

Shares of MCD opened at $265.54 on Tuesday. McDonald’s Corporation has a 52 week low of $229.20 and a 52 week high of $341.75. The stock has a market capitalization of $187.91 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 2.86 and a beta of 0.44. The stock has a fifty day moving average of $248.16 and a 200-day moving average of $283.22.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data 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 business had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. McDonald’s’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.19 EPS. As a group, equities analysts forecast that McDonald’s Corporation will post 12.83 EPS for the current year.

McDonald’s Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be given a $1.93 dividend. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a yield of 2.9%. The ex-dividend date is Tuesday, December 1st. McDonald’s’s dividend payout ratio is 62.71%.

Key Stories Impacting McDonald’s

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

• Positive Sentiment: McDonald’s is ending its 32-year World Cup sponsorship agreement and plans to place greater emphasis on its own brands and marketing. Investors may view the move as an opportunity to improve marketing efficiency, although the November 4 earnings report will need to demonstrate stronger sales momentum. McDonald’s Bets on Its Own Brands as It Ends a 32-Year World Cup Deal
• Neutral Sentiment: Analysts see mixed third-quarter prospects: beverage expansion and international growth could support revenue, while weak U.S. traffic, higher costs and operational challenges could pressure earnings. The company’s prior quarter exceeded EPS expectations but slightly missed revenue estimates, making the coming report particularly important. McDonald’s Stock Ahead of Q3 Earnings
• Neutral Sentiment: Mizuho reduced its price target for McDonald’s, signaling more cautious expectations ahead of earnings, though the report does not indicate a change in the company’s underlying operations. McDonald’s Stock Gets Price Target Reduction from Mizuho
• Negative Sentiment: A judge allowed lawsuits alleging that McRib marketing is misleading because the sandwich may not contain conventional rib meat to proceed. Continued litigation could create legal costs and reputational risk, although the financial impact remains uncertain. McDonald’s must face lawsuit alleging McRib contains no rib meat
• Negative Sentiment: A Consumer Reports review gave a McDonald’s breakfast item the lowest rating among offerings from six chains. While unlikely to materially affect results by itself, negative product-quality coverage could weigh on brand perception. Consumer Reports Tried Breakfast Foods From 6 Popular Chains

About McDonald’s

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.