Investors purchased shares of McDonald’s Corporation (NYSE:MCD) on weakness during trading hours on Tuesday. $181.00 million flowed into the stock on the tick-up and $71.52 million flowed out of the stock on the tick-down, for a money net flow of $109.48 million into the stock. Of all stocks tracked, McDonald’s Corporation had the 4th highest net in-flow for the day. McDonald’s Corporation traded down ($0.71) for the day and closed at $159.10

MCD has been the subject of several research reports. Nomura set a $172.00 price objective on shares of McDonald’s Corporation and gave the company a “buy” rating in a research report on Wednesday, July 19th. Wells Fargo & Company reissued an “outperform” rating and issued a $175.00 target price (up previously from $165.00) on shares of McDonald’s Corporation in a research note on Monday, June 26th. Royal Bank Of Canada set a $170.00 target price on shares of McDonald’s Corporation and gave the company a “buy” rating in a research note on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a $174.00 target price on shares of McDonald’s Corporation and gave the company a “buy” rating in a research note on Thursday, July 27th. Finally, Mizuho started coverage on shares of McDonald’s Corporation in a research note on Thursday, June 8th. They issued a “buy” rating and a $168.00 target price on the stock. Twelve research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the stock. McDonald’s Corporation currently has a consensus rating of “Buy” and an average target price of $162.16.

The firm’s 50 day moving average price is $156.98 and its 200-day moving average price is $145.11. The stock has a market cap of $128.83 billion, a price-to-earnings ratio of 26.04 and a beta of 0.70.

McDonald’s Corporation (NYSE:MCD) last posted its quarterly earnings data on Tuesday, July 25th. The fast-food giant reported $1.70 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.62 by $0.08. The firm had revenue of $6.05 billion for the quarter, compared to analysts’ expectations of $5.96 billion. McDonald’s Corporation had a net margin of 21.00% and a negative return on equity of 264.89%. The business’s quarterly revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the company posted $1.45 EPS. On average, equities analysts predict that McDonald’s Corporation will post $6.55 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Stockholders of record on Friday, September 1st will be given a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a dividend yield of 2.38%. The ex-dividend date of this dividend is Wednesday, August 30th. McDonald’s Corporation’s dividend payout ratio (DPR) is currently 61.54%.

In other news, EVP David Ogden Fairhurst sold 4,782 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $157.05, for a total transaction of $751,013.10. Following the sale, the executive vice president now owns 6,954 shares in the company, valued at approximately $1,092,125.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Kevin M. Ozan sold 25,322 shares of the firm’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $158.50, for a total transaction of $4,013,537.00. Following the sale, the chief financial officer now owns 24,039 shares in the company, valued at approximately $3,810,181.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 69,938 shares of company stock worth $11,033,009. Corporate insiders own 0.24% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Oakworth Capital Inc. raised its position in McDonald’s Corporation by 7.7% in the 1st quarter. Oakworth Capital Inc. now owns 4,977 shares of the fast-food giant’s stock worth $645,000 after purchasing an additional 355 shares during the period. Holderness Investments Co. raised its position in McDonald’s Corporation by 323.7% in the 1st quarter. Holderness Investments Co. now owns 10,589 shares of the fast-food giant’s stock worth $1,372,000 after purchasing an additional 8,090 shares during the period. Bridges Investment Counsel Inc. raised its position in McDonald’s Corporation by 69.6% in the 2nd quarter. Bridges Investment Counsel Inc. now owns 41,842 shares of the fast-food giant’s stock worth $6,409,000 after purchasing an additional 17,173 shares during the period. Sterling Investment Management Inc. raised its position in McDonald’s Corporation by 4.9% in the 1st quarter. Sterling Investment Management Inc. now owns 11,486 shares of the fast-food giant’s stock worth $1,489,000 after purchasing an additional 536 shares during the period. Finally, Candriam Luxembourg S.C.A. raised its position in McDonald’s Corporation by 18.9% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 92,407 shares of the fast-food giant’s stock worth $11,977,000 after purchasing an additional 14,662 shares during the period. Hedge funds and other institutional investors own 67.96% of the company’s stock.

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McDonald’s Corporation Company Profile

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of 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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