Mesirow Financial Investment Management Inc. Trims Stake in McDonald’s Corporation $MCD

Mesirow Financial Investment Management Inc. lowered its stake in McDonald’s Corporation (NYSE:MCD) by 5.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,035 shares of the fast-food giant’s stock after selling 2,388 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in McDonald’s were worth $12,541,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MCD. Your Advocates Ltd. LLP purchased a new stake in McDonald’s in the 4th quarter valued at approximately $27,000. Park Place Capital Corp lifted its stake in McDonald’s by 95.7% in the 4th quarter. Park Place Capital Corp now owns 92 shares of the fast-food giant’s stock valued at $28,000 after buying an additional 45 shares in the last quarter. DecisionPoint Financial LLC lifted its stake in McDonald’s by 1,616.7% in the 4th 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. Painted Porch Advisors LLC lifted its stake in McDonald’s by 735.7% in the 3rd quarter. Painted Porch Advisors LLC now owns 117 shares of the fast-food giant’s stock valued at $36,000 after buying an additional 103 shares in the last quarter. Finally, Saranac Partners Ltd purchased a new position in shares of McDonald’s during the 3rd quarter worth $37,000. Hedge funds and other institutional investors own 70.29% of the company’s stock.

Wall Street Analysts Forecast Growth

MCD has been the topic of a number of recent analyst reports. KeyCorp reduced their price target on McDonald’s from $345.00 to $330.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Evercore set a $350.00 price target on McDonald’s in a research note on Friday, May 8th. Tigress Financial increased their price target on McDonald’s from $360.00 to $385.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Truist Financial increased their price target on McDonald’s from $356.00 to $370.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Barclays reduced their price target on McDonald’s from $380.00 to $350.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $334.45.

McDonald’s Stock Up 0.3%

MCD stock opened at $275.56 on Thursday. The company has a market cap of $195.79 billion, a price-to-earnings ratio of 22.72, a PEG ratio of 2.73 and a beta of 0.43. The business has a fifty day simple moving average of $306.54 and a 200-day simple moving average of $310.47. McDonald’s Corporation has a 52 week low of $271.98 and a 52 week high of $341.75.

McDonald’s (NYSE:MCD) last released 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. The business had revenue of $6.52 billion during the quarter, compared to the consensus estimate of $6.47 billion. McDonald’s had a negative return on equity of 442.10% and a net margin of 31.62%.The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.67 EPS. As a group, analysts expect that McDonald’s Corporation will post 12.96 earnings per share for the current fiscal year.

Key Stories Impacting McDonald’s

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

• Positive Sentiment: McDonald’s announced a landmark stadium naming-rights deal with the Chicago Fire, branding the new venue “McDonald’s Park.” The partnership expands brand visibility, includes a new flagship restaurant, and supports youth soccer and community programs, which could help long-term brand strength. McDonald’s and Chicago Fire Football Club Announce Landmark Stadium Naming Rights Partnership
• Neutral Sentiment: Several reports highlighted McDonald’s recent first-quarter beat and noted that analysts still see the company as a strong blue-chip dividend name, even after RBC trimmed its price target. This supports the view that the business remains fundamentally solid, but the market is still cautious on near-term upside. RBC Capital Trims Price Target on McDonald’s (MCD) Despite Better-than-Expected Q1
• Neutral Sentiment: Other coverage focused on McDonald’s pricing, breakfast promotions, and broader restaurant-stock trends, which may influence consumer perception but do not appear to be immediate stock catalysts.
• Negative Sentiment: Investors are weighing worries that rising gas prices could squeeze consumers and reduce fast-food visits, adding pressure to McDonald’s shares after the recent earnings report. McDonald's Stock Hits 52-Week Lows: High Gas Prices Could Make Things Worse

Insider Transactions at McDonald’s

In other news, EVP Jonathan Banner sold 6,201 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $333.29, for a total transaction of $2,066,731.29. Following the completion of the sale, the executive vice president directly owned 2,291 shares in the company, valued at $763,567.39. This represents a 73.02% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Christopher J. Kempczinski sold 26,276 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $333.54, for a total value of $8,764,097.04. Following the sale, the chief executive officer owned 22,900 shares of the company’s stock, valued at approximately $7,638,066. The trade was a 53.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 38,395 shares of company stock worth $12,710,070 in the last ninety days. Insiders own 0.26% of the company’s stock.

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.