Investors 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 stocks tracked, McDonald’s Corp. had the 0th highest net out-flow for the day. McDonald’s Corp. traded up $0.78 for the day and closed at $118.30

A number of analysts recently weighed in on MCD shares. Jefferies Group reissued a “hold” rating on shares of McDonald’s Corp. in a research note on Friday. Credit Suisse Group AG lowered their target price on shares of McDonald’s Corp. from $135.00 to $130.00 and set an “outperform” rating on the stock in a research note on Monday, June 27th. Credit Agricole SA started coverage on shares of McDonald’s Corp. in a research note on Wednesday, April 13th. They issued an “underperform” rating on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $140.00 target price on shares of McDonald’s Corp. in a research note on Wednesday, July 27th. Finally, Independent Research GmbH set a $110.00 target price on shares of McDonald’s Corp. and gave the company a “sell” rating in a research note on Tuesday, April 26th. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. McDonald’s Corp. currently has a consensus rating of “Hold” and an average target price of $127.86.

The company’s 50 day moving average price is $121.46 and its 200 day moving average price is $122.74. The stock has a market capitalization of $104.65 billion and a PE ratio of 22.76.

McDonald’s Corp. (NYSE:MCD) last released its earnings results on Tuesday, July 26th. The fast-food giant reported $1.45 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. The company had revenue of $6.27 billion for the quarter, compared to analyst estimates of $6.28 billion. During the same quarter in the previous year, the firm earned $1.26 EPS. The firm’s revenue was down 3.6% on a year-over-year basis. On average, equities analysts expect that McDonald’s Corp. will post $5.56 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Thursday, September 1st will be given a dividend of $0.89 per share. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.99%.

Several hedge funds and institutional investors 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 during 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 during 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 during 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 during 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 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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