Traders bought shares of McDonald’s Corp. (NYSE:MCD) on weakness during trading hours on Friday. $216.04 million flowed into the stock on the tick-up and $125.68 million flowed out of the stock on the tick-down, for a money net flow of $90.36 million into the stock. Of all stocks tracked, McDonald’s Corp. had the 10th highest net in-flow for the day. McDonald’s Corp. traded down ($1.77) for the day and closed at $117.65

Several equities analysts recently issued reports on MCD shares. Nomura lowered McDonald’s Corp. from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $142.00 to $129.00 in a research report on Wednesday, June 22nd. Zacks Investment Research cut McDonald’s Corp. from a “hold” rating to a “sell” rating in a research note on Friday, July 8th. RBC Capital Markets restated a “buy” rating and issued a $140.00 target price on shares of McDonald’s Corp. in a research note on Friday, July 22nd. Evercore ISI began coverage on McDonald’s Corp. in a research note on Monday, April 4th. They issued a “hold” rating on the stock. Finally, Credit Agricole SA restated a “sell” rating and issued a $128.00 target price on shares of McDonald’s Corp. in a research note on Wednesday, June 8th. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and fourteen have given a buy rating to the company. McDonald’s Corp. has an average rating of “Hold” and a consensus target price of $127.69.

The company’s 50-day moving average is $122.08 and its 200-day moving average is $122.72. The stock has a market capitalization of $103.28 billion and a PE ratio of 22.47.

McDonald’s Corp. (NYSE:MCD) last issued its earnings results on Tuesday, July 26th. The fast-food giant reported $1.45 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.06. The firm earned $6.27 billion during the quarter, compared to the consensus estimate of $6.28 billion. During the same quarter in the previous year, the firm earned $1.26 earnings per share. The business’s quarterly revenue was down 3.6% compared to the same quarter last year. Analysts anticipate that McDonald’s Corp. will post $5.57 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 16th. Shareholders of record on Thursday, September 1st will be paid a $0.89 dividend. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $3.56 annualized dividend and a dividend yield of 3.03%.

In other McDonald’s Corp. news, insider Brian Mullens sold 845 shares of the business’s stock in a transaction on Tuesday, May 3rd. The stock was sold at an average price of $128.93, for a total value of $108,945.85. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Other hedge funds have recently modified their holdings of the company. AMG National Trust Bank raised its stake in shares of McDonald’s Corp. by 3.9% in the fourth quarter. AMG National Trust Bank now owns 8,844 shares of the fast-food giant’s stock valued at $1,045,000 after buying an additional 334 shares during the last quarter. Vaughan David Investments Inc. IL raised its stake in shares of McDonald’s Corp. by 1.0% in the fourth quarter. Vaughan David Investments Inc. IL now owns 9,040 shares of the fast-food giant’s stock valued at $1,068,000 after buying an additional 90 shares during the last quarter. Courier Capital Corp raised its stake in shares of McDonald’s Corp. by 11.4% in the fourth quarter. Courier Capital Corp now owns 9,389 shares of the fast-food giant’s stock valued at $1,109,000 after buying an additional 958 shares during the last quarter. Schnieders Capital Management LLC raised its stake in shares of McDonald’s Corp. by 2.7% in the fourth quarter. Schnieders Capital Management LLC now owns 9,688 shares of the fast-food giant’s stock valued at $1,145,000 after buying an additional 259 shares during the last quarter. Finally, Calamos Wealth Management LLC raised its stake in shares of McDonald’s Corp. by 6.6% in the fourth quarter. Calamos Wealth Management LLC now owns 9,787 shares of the fast-food giant’s stock valued at $1,156,000 after buying an additional 605 shares during 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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