Traders sold shares of McDonald’s Corp. (NYSE:MCD) on strength during trading on Thursday. $70.49 million flowed into the stock on the tick-up and $119.12 million flowed out of the stock on the tick-down, for a money net flow of $48.63 million out of the stock. Of all companies tracked, McDonald’s Corp. had the 5th highest net out-flow for the day. McDonald’s Corp. traded up $0.78 for the day and closed at $118.30

MCD has been the subject of a number of recent analyst reports. Morgan Stanley reissued a “hold” rating and set a $118.00 price objective on shares of McDonald’s Corp. in a research report on Thursday, July 28th. SunTrust Banks Inc. set a $138.00 price objective on McDonald’s Corp. and gave the stock a “buy” rating in a research report on Wednesday, July 27th. Barclays PLC reissued a “buy” rating and set a $138.00 price objective on shares of McDonald’s Corp. in a research report on Thursday, July 28th. Cleveland Research downgraded McDonald’s Corp. from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 6th. Finally, BTIG Research reissued a “buy” rating and set a $137.00 price objective on shares of McDonald’s Corp. in a research report on Monday, April 25th. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. McDonald’s Corp. currently has a consensus rating of “Hold” and a consensus target price of $127.86.

The stock has a market cap of $103.85 billion and a P/E ratio of 22.59. The company has a 50 day moving average price of $121.55 and a 200-day moving average price of $122.77.

McDonald’s Corp. (NYSE:MCD) last released its earnings results on Tuesday, July 26th. The fast-food giant reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $6.27 billion for the quarter, compared to the consensus estimate of $6.28 billion. During the same period in the prior year, the business earned $1.26 EPS. The company’s quarterly revenue was down 3.6% on a year-over-year basis. Analysts predict that McDonald’s Corp. will post $5.56 EPS for the current 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 issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Tuesday, August 30th.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in MCD. AMG National Trust Bank increased its position in 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 worth $1,045,000 after buying an additional 334 shares in the last quarter. Vaughan David Investments Inc. IL increased its position in 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 worth $1,068,000 after buying an additional 90 shares in the last quarter. Courier Capital Corp increased its position in 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 worth $1,109,000 after buying an additional 958 shares in the last quarter. Schnieders Capital Management LLC increased its position in 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 worth $1,145,000 after buying an additional 259 shares in the last quarter. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC increased its position in McDonald’s Corp. by 3.5% in the fourth quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 10,737 shares of the fast-food giant’s stock worth $1,268,000 after buying an additional 363 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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