Collaborative Fund Advisors LLC Purchases 2,705 Shares of McDonald’s Corporation $MCD

Collaborative Fund Advisors LLC purchased a new stake in McDonald’s Corporation (NYSE:MCD) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,705 shares of the fast-food giant’s stock, valued at approximately $625,000.

Several other large investors have also bought and sold shares of MCD. GKV Capital Management Co. Inc. purchased a new stake in McDonald’s in the 1st quarter valued at about $33,000. POM Investment Strategies LLC grew its holdings in shares of McDonald’s by 46.2% in the second quarter. POM Investment Strategies LLC now owns 174 shares of the fast-food giant’s stock valued at $47,000 after acquiring an additional 55 shares in the last quarter. Westfuller Advisors LLC grew its holdings in shares of 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 acquiring an additional 105 shares in the last quarter. Burkett Financial Services LLC grew its holdings in shares of 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 acquiring an additional 185 shares in the last quarter. Finally, Main Street Group LTD purchased a new stake in shares of McDonald’s during the first quarter valued at approximately $64,000. 70.29% of the stock is currently owned by institutional investors.

Trending Headlines about McDonald’s

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

• Positive Sentiment: Third-quarter adjusted EPS was $3.57, above the $3.38 analyst estimate, with stronger franchised margins contributing. Global comparable sales rose 1.5%, led by international markets. McDonald’s Q3 Earnings Beat on Franchised Margins, Revenues Miss
• Positive Sentiment: Management says U.S. sales improved as the quarter progressed and is planning more affordable bundles, digital deals, and other value initiatives to attract budget-conscious customers. Investors may view these plans as a path to a domestic rebound. McDonald’s Puts Focus on Entry-Level Value to Lift Sluggish Sales
• Neutral Sentiment: Holiday drink offerings and a Pokémon Happy Meal promotion add seasonal marketing opportunities, though their impact on overall sales is uncertain. McDonald’s Pokémon Happy Meal Returns Nov. 10 With Cards
• Negative Sentiment: Revenue of $7.16 billion fell short of expectations near $7.28 billion. U.S. comparable sales declined 0.2%—the first drop in six quarters—as customers facing high living costs pulled back and restaurant traffic weakened. McDonald’s US sales decline for first time in six quarters despite value push
• Negative Sentiment: Value promotions may pressure economics and come amid reported tensions with franchisees. Separately, a judge allowed a lawsuit challenging McRib marketing to proceed, creating a potential legal and reputational overhang. McDonald’s facing lawsuit over meat in cult-favorite sandwich

McDonald’s Trading Up 6.5%

MCD opened at $280.20 on Thursday. The company has a 50 day moving average of $248.20 and a 200 day moving average of $282.85. The company has a market cap of $198.28 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 3.01 and a beta of 0.42. McDonald’s Corporation has a 12 month low of $229.20 and a 12 month high of $341.75.

McDonald’s (NYSE:MCD) last issued its earnings results on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.19. McDonald’s had a net margin of 31.72% and a negative return on equity of 572.06%. The business had revenue of $7.16 billion for the quarter, compared to analysts’ expectations of $7.28 billion. During the same quarter in the previous year, the firm posted $3.22 EPS. The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. Research analysts forecast that McDonald’s Corporation will post 12.82 earnings per share for the current fiscal year.

McDonald’s Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Tuesday, December 1st will be given a dividend of $1.93 per share. This is a boost from McDonald’s’s previous quarterly dividend of $1.86. This represents a $7.72 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Tuesday, December 1st. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.

Wall Street Analyst Weigh In

MCD has been the subject of a number of recent analyst reports. HC Wainwright set a $250.00 price objective on McDonald’s in a research note on Friday, September 25th. Rothschild & Co Redburn lowered their target price on McDonald’s from $306.00 to $285.00 in a research note on Wednesday, August 26th. Tigress Financial boosted their price target on shares of McDonald’s from $385.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, July 17th. BTIG Research restated a “buy” rating and set a $295.00 price target on shares of McDonald’s in a research note on Monday, October 26th. Finally, Piper Sandler set a $286.00 price target on shares of McDonald’s in a report on Tuesday, August 4th. One equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $293.21.

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.