Traders purchased shares of McDonald’s Corp. (NYSE:MCD) on weakness during trading hours on Monday. $162.03 million flowed into the stock on the tick-up and $137.83 million flowed out of the stock on the tick-down, for a money net flow of $24.20 million into the stock. Of all equities tracked, McDonald’s Corp. had the 22nd highest net in-flow for the day. McDonald’s Corp. traded down ($0.86) for the day and closed at $127.40

MCD has been the subject of several recent research reports. BTIG Research reaffirmed a “buy” rating and set a $137.00 price target on shares of McDonald’s Corp. in a report on Monday, April 25th. Cleveland Research cut McDonald’s Corp. from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 6th. Independent Research GmbH set a $110.00 price objective on McDonald’s Corp. and gave the stock a “sell” rating in a research report on Monday, July 11th. Vetr cut McDonald’s Corp. from a “buy” rating to a “hold” rating and set a $128.73 price objective for the company. in a research report on Thursday, July 14th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $126.00 price objective (down previously from $130.00) on shares of McDonald’s Corp. in a research report on Wednesday, June 29th. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and thirteen have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $127.97.

The stock has a market capitalization of $111.84 billion and a price-to-earnings ratio of 24.48. The firm’s 50 day moving average price is $122.38 and its 200 day moving average price is $122.71.

McDonald’s Corp. (NYSE:MCD) last released its quarterly earnings results on Friday, April 22nd. The fast-food giant reported $1.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.16 by $0.07. The firm earned $5.90 billion during the quarter, compared to analyst estimates of $5.82 billion. During the same period in the prior year, the business earned $1.01 EPS. The business’s revenue for the quarter was down .9% compared to the same quarter last year. Analysts predict that McDonald’s Corp. will post $5.53 earnings per share for the current fiscal year.

In related news, insider Brian Mullens sold 845 shares of McDonald’s Corp. stock in a transaction dated Tuesday, May 3rd. The stock was sold at an average price of $128.93, for a total value of $108,945.85. The transaction was disclosed in a filing with the SEC, which is available at this link.

Other hedge funds recently added to or reduced their stakes in the company. Marco Investment Management LLC increased its stake in McDonald’s Corp. by 1.2% in the fourth quarter. Marco Investment Management LLC now owns 17,995 shares of the fast-food giant’s stock worth $2,126,000 after buying an additional 213 shares in the last quarter. KBC Group NV increased its stake in McDonald’s Corp. by 95.3% in the fourth quarter. KBC Group NV now owns 142,739 shares of the fast-food giant’s stock worth $16,864,000 after buying an additional 69,641 shares in the last quarter. State of Tennessee Treasury Department increased its stake in McDonald’s Corp. by 47.8% in the fourth quarter. State of Tennessee Treasury Department now owns 591,139 shares of the fast-food giant’s stock worth $69,837,000 after buying an additional 191,139 shares in the last quarter. Employees Retirement System of Texas increased its stake in McDonald’s Corp. by 232.1% in the fourth quarter. Employees Retirement System of Texas now owns 280,000 shares of the fast-food giant’s stock worth $33,079,000 after buying an additional 195,700 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in McDonald’s Corp. by 6.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,955,197 shares of the fast-food giant’s stock worth $231,004,000 after buying an additional 112,261 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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