Kinsale Capital Group Inc. lifted its position in shares of McDonald’s Corporation (NYSE:MCD – Free Report) by 5.5% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,879 shares of the fast-food giant’s stock after buying an additional 1,920 shares during the quarter. McDonald’s comprises 1.8% of Kinsale Capital Group Inc.’s holdings, making the stock its 19th biggest position. Kinsale Capital Group Inc.’s holdings in McDonald’s were worth $11,462,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of MCD. Your Advocates Ltd. LLP bought a new stake in McDonald’s in the 4th quarter valued at about $27,000. Park Place Capital Corp increased its holdings 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 worth $28,000 after purchasing an additional 45 shares during the period. IFC & Insurance Marketing Inc. bought a new position in shares of McDonald’s during the fourth quarter worth approximately $29,000. Abound Financial LLC acquired a new stake in shares of McDonald’s in the fourth quarter valued at approximately $30,000. Finally, DecisionPoint Financial LLC raised its position in shares of McDonald’s by 1,616.7% in the fourth quarter. DecisionPoint Financial LLC now owns 103 shares of the fast-food giant’s stock valued at $31,000 after buying an additional 97 shares in the last quarter. 70.29% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about McDonald’s
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.
Analysts Set New Price Targets
Read Our Latest Analysis on MCD
Insider Buying and Selling at McDonald’s
In other McDonald’s news, insider Joseph M. Erlinger sold 5,252 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was 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 approximately $2,198,930.88. The trade was a 40.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the business’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $278.36, for a total value of $769,108.68. Following the transaction, the executive vice president directly owned 6,268 shares of the company’s stock, valued at approximately $1,744,760.48. The trade was a 30.59% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 8,681 shares of company stock valued at $2,456,440. 0.26% of the stock is owned by corporate insiders.
McDonald’s Trading Down 2.1%
NYSE MCD opened at $267.74 on Friday. The firm has a market capitalization of $190.23 billion, a price-to-earnings ratio of 22.07, a P/E/G ratio of 2.78 and a beta of 0.41. The firm’s 50 day simple moving average is $277.07 and its 200 day simple moving average is $300.33. McDonald’s Corporation has a 1 year low of $264.09 and a 1 year high of $341.75.
McDonald’s (NYSE:MCD – Get 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. The business had revenue of $6.52 billion during the quarter, compared to the consensus estimate of $6.47 billion. McDonald’s had a net margin of 31.62% and a negative return on equity of 442.10%. The company’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $2.67 earnings per share. On average, equities research analysts forecast that McDonald’s Corporation will post 12.86 earnings per share for the current year.
McDonald’s Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Stockholders of record on Tuesday, June 2nd were issued a dividend of $1.86 per share. The ex-dividend date of this dividend 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%.
McDonald’s Company Profile
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.
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