Investors purchased shares of McDonald’s Corp. (NYSE:MCD) on weakness during trading hours on Friday. $159.94 million flowed into the stock on the tick-up and $59.00 million flowed out of the stock on the tick-down, for a money net flow of $100.94 million into the stock. Of all stocks tracked, McDonald’s Corp. had the 13th highest net in-flow for the day. McDonald’s Corp. traded down ($0.32) for the day and closed at $123.61

Several research firms have weighed in on MCD. Robert W. Baird reiterated a “hold” rating on shares of McDonald’s Corp. in a research note on Monday, May 16th. Nomura Holdings Inc. reiterated a “buy” rating on shares of McDonald’s Corp. in a research note on Thursday, June 2nd. Vetr upgraded shares of McDonald’s Corp. from a “hold” rating to a “buy” rating and set a $133.47 price objective on the stock in a research note on Tuesday, May 17th. Credit Suisse Group AG upped their price objective on shares of McDonald’s Corp. from $130.00 to $135.00 and gave the company an “outperform” rating in a research note on Tuesday, March 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $140.00 price objective (up previously from $135.00) on shares of McDonald’s Corp. in a research note on Monday, April 25th. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $127.43.

The stock’s 50-day moving average is $121.59 and its 200 day moving average is $122.33. The firm has a market cap of $108.51 billion and a P/E ratio of 23.75.

McDonald’s Corp. (NYSE:MCD) last announced its earnings results on Friday, April 22nd. The fast-food giant reported $1.23 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.07. The business earned $5.90 billion during the quarter, compared to the consensus estimate of $5.82 billion. The company’s revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.01 EPS. On average, equities research analysts expect that McDonald’s Corp. will post $5.54 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, June 20th. Stockholders of record on Monday, June 6th were given a $0.89 dividend. The ex-dividend date was Thursday, June 2nd. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.88%.

In other news, CFO Kevin M. Ozan sold 13,007 shares of the business’s stock in a transaction dated Monday, April 25th. The shares were sold at an average price of $125.07, for a total value of $1,626,785.49. Following the completion of the sale, the chief financial officer now owns 14,400 shares of the company’s stock, valued at $1,801,008. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Brian Mullens sold 845 shares of the business’s stock in a transaction dated Tuesday, May 3rd. The shares were sold at an average price of $128.93, for a total transaction of $108,945.85. The disclosure for this sale can be found here.

Other large investors have made changes to their positions in the company. Security National Bank of SO Dak boosted its stake in shares of McDonald’s Corp. by 5.7% in the fourth quarter. Security National Bank of SO Dak now owns 9,104 shares of the fast-food giant’s stock worth $1,076,000 after buying an additional 491 shares during the last quarter. Security National Bank of Sioux City Iowa IA boosted its stake in McDonald’s Corp. by 0.8% in the fourth quarter. Security National Bank of Sioux City Iowa IA now owns 9,681 shares of the fast-food giant’s stock valued at $1,143,000 after buying an additional 78 shares in the last quarter. Cape ANN Savings Bank boosted its stake in McDonald’s Corp. by 1.5% in the fourth quarter. Cape ANN Savings Bank now owns 16,803 shares of the fast-food giant’s stock valued at $1,985,000 after buying an additional 250 shares in the last quarter. JFS Wealth Advisors LLC boosted its stake in McDonald’s Corp. by 3.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 12,075 shares of the fast-food giant’s stock valued at $1,427,000 after buying an additional 419 shares in the last quarter. Finally, Confluence Investment Management LLC boosted its stake in McDonald’s Corp. by 5.8% in the fourth quarter. Confluence Investment Management LLC now owns 78,515 shares of the fast-food giant’s stock valued at $9,276,000 after buying an additional 4,331 shares in the last quarter.

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally-relevant menu of quality food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets and Foundational Markets and Corporate.

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