MSH Capital Advisors LLC Buys 2,282 Shares of McDonald’s Corporation $MCD

MSH Capital Advisors LLC raised its stake in shares of McDonald’s Corporation (NYSE:MCDFree Report) by 88.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,850 shares of the fast-food giant’s stock after purchasing an additional 2,282 shares during the period. MSH Capital Advisors LLC’s holdings in McDonald’s were worth $1,482,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of MCD. Your Advocates Ltd. LLP bought a new stake in McDonald’s during the fourth quarter valued at about $27,000. Park Place Capital Corp grew its holdings in McDonald’s by 95.7% during the fourth quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock valued at $28,000 after purchasing an additional 45 shares during the period. DecisionPoint Financial LLC grew its holdings in McDonald’s by 1,616.7% during the fourth quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock valued at $31,000 after purchasing an additional 97 shares during the period. Entrust Financial LLC bought a new stake in McDonald’s during the fourth quarter valued at about $31,000. Finally, Painted Porch Advisors LLC grew its holdings in McDonald’s by 735.7% during the third quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant’s stock valued at $36,000 after purchasing an additional 103 shares during the period. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Up 0.1%

Shares of McDonald’s stock opened at $282.48 on Tuesday. The stock’s 50-day simple moving average is $298.88 and its 200-day simple moving average is $309.23. McDonald’s Corporation has a 52 week low of $271.98 and a 52 week high of $341.75. The company has a market capitalization of $200.70 billion, a price-to-earnings ratio of 23.29, a PEG ratio of 2.81 and a beta of 0.43.

McDonald’s (NYSE:MCDGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The fast-food giant reported $2.83 EPS for the quarter, beating the consensus estimate of $2.74 by $0.09. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The business had revenue of $6.52 billion for the quarter, compared to the consensus estimate of $6.47 billion. During the same period in the previous year, the business earned $2.67 earnings per share. The business’s revenue was up 9.4% on a year-over-year basis. On average, equities analysts expect that McDonald’s Corporation will post 12.93 earnings per share for the current year.

McDonald’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 16th. Investors of record on Tuesday, June 2nd will be given a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date is Tuesday, June 2nd. McDonald’s’s payout ratio is currently 61.34%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on MCD. UBS Group boosted their price target on McDonald’s from $350.00 to $365.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Guggenheim cut their price target on McDonald’s from $325.00 to $320.00 and set a “neutral” rating for the company in a report on Friday, February 13th. TD Cowen cut their price target on McDonald’s from $330.00 to $300.00 and set a “hold” rating for the company in a report on Thursday, May 7th. Robert W. Baird set a $305.00 price target on McDonald’s in a report on Thursday, May 7th. Finally, Jefferies Financial Group boosted their price objective on McDonald’s from $360.00 to $375.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $334.45.

Check Out Our Latest Analysis on MCD

Insider Activity at McDonald’s

In related news, insider Joseph M. Erlinger sold 333 shares of the business’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $302.72, for a total value of $100,805.76. Following the sale, the insider directly owned 8,067 shares in the company, valued at approximately $2,442,042.24. The trade was a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 5,585 shares of company stock valued at $1,769,209 in the last quarter. 0.26% of the stock is currently owned by insiders.

More McDonald’s News

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

McDonald’s Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding MCD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for McDonald’s Corporation (NYSE:MCDFree Report).

Institutional Ownership by Quarter for McDonald's (NYSE:MCD)

Receive News & Ratings for McDonald's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McDonald's and related companies with MarketBeat.com's FREE daily email newsletter.