Integral Investment Advisors Inc. Reduces Stock Position in McDonald’s Corporation $MCD

Integral Investment Advisors Inc. trimmed its position in McDonald’s Corporation (NYSE:MCD) by 4.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,083 shares of the fast-food giant’s stock after selling 294 shares during the quarter. Integral Investment Advisors Inc.’s holdings in McDonald’s were worth $1,777,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of MCD. Brighton Jones LLC lifted its position in McDonald’s by 21.6% during the fourth quarter. Brighton Jones LLC now owns 9,286 shares of the fast-food giant’s stock valued at $2,692,000 after purchasing an additional 1,649 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of McDonald’s by 2.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,942 shares of the fast-food giant’s stock valued at $563,000 after buying an additional 52 shares during the last quarter. Quotient Wealth Partners LLC lifted its holdings in shares of McDonald’s by 10.9% in the 1st quarter. Quotient Wealth Partners LLC now owns 2,616 shares of the fast-food giant’s stock valued at $817,000 after buying an additional 258 shares during the period. SSA Swiss Advisors AG purchased a new stake in shares of McDonald’s in the first quarter worth about $175,000. Finally, Golden State Wealth Management LLC grew its holdings in McDonald’s by 11.7% during the first quarter. Golden State Wealth Management LLC now owns 2,751 shares of the fast-food giant’s stock worth $859,000 after acquiring an additional 289 shares during the period. Hedge funds and other institutional investors own 70.29% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of McDonald’s in a report on Wednesday, October 8th. Stifel Nicolaus boosted 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. Guggenheim lowered their price target on shares of McDonald’s from $310.00 to $295.00 and set a “neutral” rating on the stock in a report on Friday, October 10th. BMO Capital Markets lifted their price objective on shares of McDonald’s from $350.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, September 4th. Finally, Mizuho set a $300.00 price objective on shares of McDonald’s in a research report on Monday. Eleven research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $323.43.

Insider Buying and Selling at McDonald’s

In other news, EVP Jonathan Banner sold 1,000 shares of McDonald’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $310.00, for a total value of $310,000.00. Following the sale, the executive vice president directly owned 99 shares of the company’s stock, valued at $30,690. The trade was a 90.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Desiree Ralls-Morrison sold 2,487 shares of the 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 completion of the transaction, the executive vice president directly owned 8,754 shares of the company’s stock, valued at approximately $2,713,740. This represents a 22.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,463 shares of company stock valued at $1,692,186 over the last quarter. 0.25% of the stock is currently owned by insiders.

McDonald’s Stock Performance

NYSE:MCD opened at $309.97 on Tuesday. The stock has a market capitalization of $221.19 billion, a PE ratio of 26.56, a P/E/G ratio of 3.23 and a beta of 0.50. McDonald’s Corporation has a fifty-two week low of $276.53 and a fifty-two week high of $326.32. The company has a fifty day moving average of $306.52 and a two-hundred day moving average of $305.71.

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

McDonald’s Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be paid a dividend of $1.86 per share. This is an increase from McDonald’s’s previous quarterly dividend of $1.77. The ex-dividend date is Monday, December 1st. This represents a $7.44 annualized dividend and a yield of 2.4%. McDonald’s’s dividend payout ratio (DPR) is presently 60.67%.

McDonald’s Company 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.