Coppell Advisory Solutions LLC Makes New $1.82 Million Investment in McDonald’s Corporation $MCD

Coppell Advisory Solutions LLC bought a new stake in McDonald’s Corporation (NYSE:MCD) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,258 shares of the fast-food giant’s stock, valued at approximately $1,824,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Decker Retirement Planning Inc. grew its stake in McDonald’s by 142.9% during the 2nd quarter. Decker Retirement Planning Inc. now owns 85 shares of the fast-food giant’s stock worth $25,000 after buying an additional 50 shares during the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of McDonald’s during the second quarter valued at $25,000. HFM Investment Advisors LLC bought a new position in shares of McDonald’s during the first quarter worth about $26,000. Nova Wealth Management Inc. acquired a new stake in shares of McDonald’s in the 1st quarter worth about $26,000. Finally, GFG Capital LLC bought a new stake in McDonald’s in the 2nd quarter valued at about $29,000. 70.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at McDonald’s

In other news, CFO Ian Frederick Borden sold 17,134 shares of the stock in a transaction on Friday, November 21st. The stock was sold at an average price of $310.00, for a total transaction of $5,311,540.00. Following the completion of the sale, the chief financial officer owned 26,353 shares in the company, valued at approximately $8,169,430. This represents a 39.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Joseph M. Erlinger sold 3,195 shares of McDonald’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $305.82, for a total value of $977,094.90. Following the completion of the transaction, the insider owned 6,088 shares in the company, valued at $1,861,832.16. The trade was a 34.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 40,030 shares of company stock valued at $12,240,570. Corporate insiders own 0.25% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on MCD shares. Weiss Ratings restated a “buy (b-)” rating on shares of McDonald’s in a research report on Friday, October 31st. Citigroup lowered their price target on McDonald’s from $381.00 to $375.00 and set a “buy” rating on the stock in a report on Tuesday, October 21st. Royal Bank Of Canada started coverage on shares of McDonald’s in a report on Wednesday, October 8th. They issued a “sector perform” rating and a $320.00 price objective for the company. Morgan Stanley set a $335.00 target price on shares of McDonald’s in a research report on Friday, October 17th. Finally, Stifel Nicolaus raised their target price on shares of McDonald’s from $300.00 to $315.00 and gave the company a “hold” rating in a research note on Friday, August 22nd. Eleven research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $324.57.

McDonald’s Stock Up 2.3%

Shares of MCD stock opened at $316.84 on Friday. The stock has a 50-day simple moving average of $304.98 and a 200 day simple moving average of $303.70. The stock has a market capitalization of $225.64 billion, a P/E ratio of 27.03, a P/E/G ratio of 3.52 and a beta of 0.52. McDonald’s Corporation has a fifty-two week low of $276.53 and a fifty-two week high of $326.32.

McDonald’s (NYSE:MCD) last issued its quarterly earnings results on Wednesday, November 5th. The fast-food giant reported $3.22 earnings per share for the quarter, missing analysts’ consensus estimates of $3.33 by ($0.11). The business had revenue of $7.08 billion during the quarter, compared to analyst estimates of $7.10 billion. McDonald’s had a net margin of 32.04% and a negative return on equity of 280.89%. McDonald’s’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted $3.23 earnings per share. On average, sell-side analysts anticipate that McDonald’s Corporation will post 12.25 earnings per share for the current year.

McDonald’s Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be given a $1.86 dividend. This represents a $7.44 annualized dividend and a yield of 2.3%. This is a positive change from McDonald’s’s previous quarterly dividend of $1.77. The ex-dividend date is Monday, December 1st. McDonald’s’s dividend payout ratio (DPR) is presently 63.48%.

McDonald’s Profile

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.