Kinsale Capital Group Inc. Has $11.46 Million Holdings in McDonald’s Corporation $MCD

Kinsale Capital Group Inc. grew its position in McDonald’s Corporation (NYSE:MCD) by 5.5% in the first quarter, Holdings Channel reports. The fund owned 36,879 shares of the fast-food giant’s stock after acquiring an additional 1,920 shares during the quarter. McDonald’s accounts for 1.8% of Kinsale Capital Group Inc.’s portfolio, making the stock its 19th largest holding. Kinsale Capital Group Inc.’s holdings in McDonald’s were worth $11,462,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Your Advocates Ltd. LLP acquired a new position in McDonald’s in the 4th quarter worth about $27,000. Park Place Capital Corp boosted its stake in shares of 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 in the last quarter. IFC & Insurance Marketing Inc. acquired a new stake in shares of McDonald’s during the fourth quarter valued at about $29,000. Abound Financial LLC bought a new stake in shares of McDonald’s during the fourth quarter worth about $30,000. Finally, DecisionPoint Financial LLC grew its holdings in shares of McDonald’s by 1,616.7% during the fourth quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock worth $31,000 after purchasing an additional 97 shares during the last quarter. Institutional investors and hedge funds own 70.29% of the company’s stock.

Key McDonald’s News

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

• Positive Sentiment: Tigress Financial raised its price target on McDonald’s to $390 from $385 and reiterated a buy rating, signaling confidence that the stock has meaningful upside from current levels.
• Positive Sentiment: Analyst coverage and commentary continue to highlight McDonald’s value offerings, loyalty efforts, localized marketing, and menu innovation as ways the company can support customer traffic and defend sales trends.
• Neutral Sentiment: McDonald’s is expected to report second-quarter earnings next month, with consensus calling for modest single-digit profit growth, keeping investor focus on whether traffic and margins improve.
• Neutral Sentiment: Recent product news, including the new Caesar sauce and other menu rollouts, is generating consumer interest, but the items appear more promotional than clearly material to near-term earnings.
• Negative Sentiment: Articles questioning why McDonald’s stock is at nearly two-year lows and noting a 10.1% decline over the past six months versus a rising S&P 500 suggest investors are worried about relative underperformance and slowing momentum.
• Negative Sentiment: Commentary describing a “McProblem” that is not getting better points to continuing concerns about business execution, customer traffic, or overall sentiment toward the stock.
• Negative Sentiment: One recent piece also urged investors to stay skeptical, indicating that while the stock may look attractive to some value investors, there are still fundamental questions weighing on shares.

Insiders Place Their Bets

In related news, insider Joseph M. Erlinger sold 5,252 shares of McDonald’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $284.32, for a total transaction of $1,493,248.64. Following the completion of the transaction, the insider owned 7,734 shares of the company’s stock, valued at $2,198,930.88. This trade represents a 40.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total transaction of $769,108.68. Following the completion of the transaction, the executive vice president owned 6,268 shares in the company, valued at approximately $1,744,760.48. The trade was a 30.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 8,681 shares of company stock worth $2,456,440. Insiders own 0.26% of the company’s stock.

McDonald’s Price Performance

Shares of MCD opened at $267.74 on Friday. McDonald’s Corporation has a 1 year low of $264.09 and a 1 year high of $341.75. The company has a market capitalization of $190.23 billion, a price-to-earnings ratio of 22.07, a price-to-earnings-growth ratio of 2.78 and a beta of 0.41. The business has a 50-day moving average of $277.07 and a 200-day moving average of $300.33.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data 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. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The company had revenue of $6.52 billion for the quarter, compared to analyst estimates of $6.47 billion. During the same period in the previous year, the firm earned $2.67 earnings per share. The firm’s quarterly revenue was up 9.4% on a year-over-year basis. As a group, sell-side analysts anticipate that McDonald’s Corporation will post 12.86 EPS for the current year.

McDonald’s Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were given a $1.86 dividend. The ex-dividend date was Tuesday, June 2nd. This represents a $7.44 dividend on an annualized basis and a dividend yield of 2.8%. McDonald’s’s payout ratio is 61.34%.

Analyst Ratings Changes

A number of research analysts recently issued reports on MCD shares. Morgan Stanley dropped their price objective on shares of McDonald’s from $331.00 to $322.00 and set an “equal weight” rating for the company in a report on Wednesday. Barclays reduced their target price on shares of McDonald’s from $380.00 to $350.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Citigroup decreased their price target on shares of McDonald’s from $375.00 to $335.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings downgraded shares of McDonald’s from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 23rd. Finally, Robert W. Baird set a $305.00 price target on shares of McDonald’s in a report on Thursday, May 7th. Fifteen research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $336.32.

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.