Traders sold shares of McDonald’s Corp. (NYSE:MCD) on strength during trading on Friday. $56.95 million flowed into the stock on the tick-up and $93.36 million flowed out of the stock on the tick-down, for a money net flow of $36.41 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 $0.14 for the day and closed at $119.52

A number of research firms have recently issued reports on MCD. Robert W. Baird reiterated a “hold” rating on shares of McDonald’s Corp. in a research note on Monday, May 16th. SunTrust Banks Inc. reiterated a “buy” rating and issued a $145.00 target price (up previously from $135.00) on shares of McDonald’s Corp. in a research note on Wednesday, April 20th. Nomura set a $138.00 target price on shares of McDonald’s Corp. and gave the company a “buy” rating in a research note on Tuesday, April 19th. Bank of America Corp. reiterated a “buy” rating on shares of McDonald’s Corp. in a research note on Monday, April 18th. Finally, RBC Capital Markets reiterated a “buy” rating and issued a $140.00 target price on shares of McDonald’s Corp. in a research note on Friday, July 22nd. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and fourteen have given a buy rating to the stock. McDonald’s Corp. currently has an average rating of “Hold” and a consensus price target of $128.26.

The stock’s 50 day moving average price is $121.01 and its 200 day moving average price is $122.78. The stock has a market cap of $101.99 billion and a P/E ratio of 22.82.

McDonald’s Corp. (NYSE:MCD) last announced its earnings results on Tuesday, July 26th. The fast-food giant reported $1.45 earnings per share 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. McDonald’s Corp.’s quarterly revenue was down 3.6% on a year-over-year basis. Equities analysts predict that McDonald’s Corp. will post $5.56 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 16th. Investors of record on Thursday, September 1st will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date of this dividend is Tuesday, August 30th.

In related news, Chairman Andrew J. Mckenna sold 70,000 shares of McDonald’s Corp. stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $118.28, for a total transaction of $8,279,600.00. Following the completion of the transaction, the chairman now owns 108,841 shares of the company’s stock, valued at $12,873,713.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Other large investors recently bought and sold shares of the company. Courier Capital Corp increased its stake 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 valued at $1,109,000 after buying an additional 958 shares during the period. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake 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 valued at $1,268,000 after buying an additional 363 shares during the period. DG Capital Management Inc. bought a new stake in McDonald’s Corp. during the fourth quarter valued at $1,418,000. Mandatum Life Insurance Co Ltd bought a new stake in McDonald’s Corp. during the fourth quarter valued at $1,514,000. Finally, Cypress Asset Management Inc. TX increased its stake in McDonald’s Corp. by 23.7% in the fourth quarter. Cypress Asset Management Inc. TX now owns 14,041 shares of the fast-food giant’s stock valued at $1,659,000 after buying an additional 2,689 shares during the period.

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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