Hudson Value Partners LLC Has $3.78 Million Position in McDonald’s Corporation $MCD

Hudson Value Partners LLC raised its position in shares of McDonald’s Corporation (NYSE:MCD) by 1.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,936 shares of the fast-food giant’s stock after purchasing an additional 199 shares during the quarter. Hudson Value Partners LLC’s holdings in McDonald’s were worth $3,780,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Community Financial Services Group LLC raised its stake in McDonald’s by 2.6% during the 2nd quarter. Community Financial Services Group LLC now owns 17,768 shares of the fast-food giant’s stock valued at $5,191,000 after purchasing an additional 447 shares during the period. B.O.S.S. Retirement Advisors LLC boosted its stake in shares of McDonald’s by 15.1% during the 2nd quarter. B.O.S.S. Retirement Advisors LLC now owns 786 shares of the fast-food giant’s stock valued at $230,000 after buying an additional 103 shares during the period. SOA Wealth Advisors LLC. boosted its stake in shares of McDonald’s by 6.4% during the 2nd quarter. SOA Wealth Advisors LLC. now owns 9,925 shares of the fast-food giant’s stock valued at $2,900,000 after buying an additional 598 shares during the period. Vigilare Wealth Management boosted its stake in shares of McDonald’s by 9.4% during the 2nd quarter. Vigilare Wealth Management now owns 1,359 shares of the fast-food giant’s stock valued at $397,000 after buying an additional 117 shares during the period. Finally, First Pacific Financial boosted its stake in shares of McDonald’s by 59.2% during the 2nd quarter. First Pacific Financial now owns 586 shares of the fast-food giant’s stock valued at $171,000 after buying an additional 218 shares during the period. 70.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Desiree Ralls-Morrison sold 2,487 shares of McDonald’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $310.00, for a total value of $770,970.00. Following the transaction, the executive vice president owned 8,754 shares in the company, valued at $2,713,740. This trade represents a 22.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CMO Edith Morgan Flatley sold 1,000 shares of McDonald’s stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $300.00, for a total transaction of $300,000.00. Following the completion of the transaction, the chief marketing officer owned 8,858 shares in the company, valued at $2,657,400. This trade represents a 10.14% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,402 shares of company stock worth $2,273,407. Insiders own 0.25% of the company’s stock.

McDonald’s Trading Down 1.0%

McDonald’s stock opened at $300.81 on Thursday. The company has a market capitalization of $214.66 billion, a P/E ratio of 25.78, a P/E/G ratio of 3.09 and a beta of 0.51. The firm’s fifty day simple moving average is $306.78 and its 200-day simple moving average is $306.21. McDonald’s Corporation has a 1-year low of $276.53 and a 1-year high of $326.32.

McDonald’s (NYSE:MCD) last released its quarterly earnings results on Wednesday, August 6th. The fast-food giant reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.04. The business had revenue of $6.84 billion for the quarter, compared to the consensus estimate of $6.68 billion. McDonald’s had a net margin of 32.21% and a negative return on equity of 225.52%. McDonald’s’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.97 EPS. On average, equities research analysts predict that McDonald’s Corporation will post 12.25 earnings per share for the current year.

McDonald’s Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 16th. Investors of record on Tuesday, September 2nd were issued a $1.77 dividend. This represents a $7.08 annualized dividend and a yield of 2.4%. The ex-dividend date was Tuesday, September 2nd. McDonald’s’s dividend payout ratio (DPR) is 60.67%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MCD shares. Piper Sandler lifted their target price on shares of McDonald’s from $314.00 to $325.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. TD Cowen lifted their target price on shares of McDonald’s from $305.00 to $315.00 and gave the company a “hold” rating in a research note on Wednesday, August 6th. Evercore ISI lifted their target price on shares of McDonald’s from $350.00 to $360.00 and gave the company an “outperform” rating in a research note on Friday, August 8th. KeyCorp reissued an “overweight” rating and issued a $335.00 target price (up from $325.00) on shares of McDonald’s in a research report on Thursday, August 7th. Finally, Redburn Atlantic reissued a “sell” rating and issued a $260.00 target price (down from $319.00) on shares of McDonald’s in a research report on Tuesday, June 10th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $325.86.

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.