McDonald’s Corp. (NYSE:MCD) saw an uptick in trading volume on Thursday . 4,066,930 shares were traded during trading, a decline of 5% from the previous session’s volume of 4,303,629 shares.The stock last traded at $115.44 and had previously closed at $114.87.

A number of equities research analysts have commented on MCD shares. Robert W. Baird reissued a “hold” rating on shares of McDonald’s Corp. in a research report on Monday, May 16th. RBC Capital Markets reissued a “buy” rating and issued a $140.00 price objective on shares of McDonald’s Corp. in a research report on Friday, July 22nd. Zacks Investment Research raised shares of McDonald’s Corp. from a “hold” rating to a “buy” rating and set a $144.00 price objective on the stock in a research report on Tuesday, May 3rd. Vetr raised shares of McDonald’s Corp. from a “hold” rating to a “buy” rating and set a $133.47 price objective on the stock in a research report on Tuesday, May 17th. Finally, Jefferies Group set a $115.00 price objective on shares of McDonald’s Corp. and gave the company a “neutral” rating in a research report on Tuesday, July 26th. Two analysts have rated the stock with a sell rating, twenty have assigned a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $125.48.

The firm’s 50-day moving average price is $119.99 and its 200 day moving average price is $122.44. The firm has a market cap of $97.66 billion and a PE ratio of 21.85.

McDonald’s Corp. (NYSE:MCD) last issued its quarterly earnings results on Tuesday, July 26th. The fast-food giant reported $1.45 EPS for the quarter, topping the consensus estimate of $1.39 by $0.06. During the same quarter last year, the firm posted $1.26 earnings per share. The business earned $6.27 billion during the quarter, compared to the consensus estimate of $6.28 billion. McDonald’s Corp.’s revenue was down 3.6% compared to the same quarter last year. Equities analysts predict that McDonald’s Corp. will post $5.56 EPS for the current year.

The business also recently disclosed 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. The ex-dividend date is Tuesday, August 30th. This represents a $3.56 annualized dividend and a yield of 3.11%.

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

Other hedge funds recently bought and sold shares of the company. 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 valued at $33,079,000 after buying an additional 195,700 shares during the last quarter. 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 last quarter. Caldwell & Orkin Inc. bought a new stake in McDonald’s Corp. during the fourth quarter valued at about $4,808,000. Marshall Wace LLP increased its stake in McDonald’s Corp. by 1,790.3% in the fourth quarter. Marshall Wace LLP now owns 194,985 shares of the fast-food giant’s stock valued at $23,036,000 after buying an additional 184,670 shares during 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 valued at $231,004,000 after buying an additional 112,261 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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