Compass Capital Corp MA ADV Decreases Stock Holdings in McDonald’s Corporation (NYSE:MCD)

Compass Capital Corp MA ADV lowered its holdings in McDonald’s Corporation (NYSE:MCD) by 8.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,591 shares of the fast-food giant’s stock after selling 245 shares during the period. Compass Capital Corp MA ADV’s holdings in McDonald’s were worth $801,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Mascagni Wealth Management Inc. bought a new stake in shares of McDonald’s in the 4th quarter worth approximately $25,000. Atala Financial Inc purchased a new stake in McDonald’s in the fourth quarter worth $26,000. Pinney & Scofield Inc. bought a new stake in shares of McDonald’s in the fourth quarter valued at $29,000. Fairway Wealth LLC lifted its position in shares of McDonald’s by 110.0% during the 4th quarter. Fairway Wealth LLC now owns 105 shares of the fast-food giant’s stock valued at $30,000 after buying an additional 55 shares during the last quarter. Finally, GKV Capital Management Co. Inc. bought a new position in shares of McDonald’s during the 4th quarter worth $30,000. Institutional investors own 70.29% of the company’s stock.

Insider Buying and Selling

In related news, insider Joseph M. Erlinger sold 939 shares of McDonald’s stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $315.07, for a total transaction of $295,850.73. Following the completion of the transaction, the insider now directly owns 11,161 shares of the company’s stock, valued at $3,516,496.27. This trade represents a 7.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.25% of the stock is owned by insiders.

Analyst Ratings Changes

MCD has been the topic of a number of research reports. Morgan Stanley restated an “equal weight” rating and issued a $324.00 price objective (down from $329.00) on shares of McDonald’s in a research note on Monday, June 9th. Robert W. Baird boosted their price target on shares of McDonald’s from $300.00 to $315.00 and gave the company a “neutral” rating in a research report on Friday, May 2nd. TD Securities reaffirmed a “hold” rating and issued a $305.00 price objective on shares of McDonald’s in a report on Thursday, June 5th. Barclays increased their target price on McDonald’s from $347.00 to $355.00 and gave the stock an “overweight” rating in a research report on Friday, May 2nd. Finally, Loop Capital cut McDonald’s from a “buy” rating to a “hold” rating and reduced their price target for the company from $346.00 to $315.00 in a research report on Friday, June 6th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $321.79.

McDonald’s Trading Down 1.1%

NYSE:MCD opened at $289.24 on Thursday. The company has a 50-day moving average price of $311.36 and a 200-day moving average price of $302.86. The stock has a market cap of $206.81 billion, a price-to-earnings ratio of 25.53, a P/E/G ratio of 3.05 and a beta of 0.56. McDonald’s Corporation has a 12 month low of $243.53 and a 12 month high of $326.32.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data on Thursday, May 1st. The fast-food giant reported $2.67 EPS for the quarter, hitting the consensus estimate of $2.67. McDonald’s had a net margin of 31.75% and a negative return on equity of 195.27%. The business had revenue of $5.96 billion during the quarter, compared to analyst estimates of $6.17 billion. During the same period last year, the business posted $2.70 earnings per share. McDonald’s’s quarterly revenue was down 3.5% compared to the same quarter last year. Equities analysts forecast that McDonald’s Corporation will post 12.25 EPS for the current fiscal year.

McDonald’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were given a dividend of $1.77 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $7.08 annualized dividend and a dividend yield of 2.45%. McDonald’s’s dividend payout ratio is presently 62.49%.

About McDonald’s

McDonald’s Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.