Investors purchased shares of McDonald’s Corporation (NYSE:MCD) on weakness during trading on Wednesday. $6.16 million flowed into the stock on the tick-up and $1.17 million flowed out of the stock on the tick-down, for a money net flow of $4.99 million into the stock. Of all companies tracked, McDonald’s Corporation had the 16th highest net in-flow for the day. McDonald’s Corporation traded down ($0.16) for the day and closed at $158.94

A number of equities analysts recently commented on MCD shares. Nomura set a $172.00 price target on shares of McDonald’s Corporation and gave the stock a “buy” rating in a research note on Wednesday, July 19th. Wells Fargo & Company reaffirmed an “outperform” rating and set a $175.00 price target (up 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 price target on shares of McDonald’s Corporation and gave the stock a “buy” rating in a research note on Thursday, June 22nd. Goldman Sachs Group, Inc. (The) set a $174.00 price target on shares of McDonald’s Corporation and gave the stock a “buy” rating in a research note on Thursday, July 27th. Finally, Mizuho started coverage on shares of McDonald’s Corporation in a research report on Thursday, June 8th. They issued a “buy” rating and a $168.00 price objective for the company. Twelve analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $162.16.

The company’s 50-day moving average is $157.16 and its 200-day moving average is $145.22. The firm has a market capitalization of $129.52 billion, a price-to-earnings ratio of 26.17 and a beta of 0.70.

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

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Friday, September 1st will be given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend is Wednesday, August 30th. McDonald’s Corporation’s dividend payout ratio (DPR) is presently 61.54%.

In other McDonald’s Corporation news, insider Douglas M. Goare sold 17,286 shares of the company’s stock in a transaction that occurred on Wednesday, July 26th. The stock was sold at an average price of $158.50, for a total value of $2,739,831.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David Ogden Fairhurst sold 4,782 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $157.05, for a total value of $751,013.10. Following the completion of the transaction, the executive vice president now owns 6,954 shares of the company’s stock, valued at approximately $1,092,125.70. The disclosure for this sale can be found here. In the last 90 days, insiders sold 69,938 shares of company stock valued at $11,033,009. 0.24% of the stock is owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the company. Oakworth Capital Inc. boosted its stake in shares of McDonald’s Corporation by 7.7% during the 1st quarter. Oakworth Capital Inc. now owns 4,977 shares of the fast-food giant’s stock valued at $645,000 after buying an additional 355 shares during the last quarter. Holderness Investments Co. boosted its stake in shares of McDonald’s Corporation by 323.7% during the 1st quarter. Holderness Investments Co. now owns 10,589 shares of the fast-food giant’s stock valued at $1,372,000 after buying an additional 8,090 shares during the last quarter. Bridges Investment Counsel Inc. boosted its stake in shares of McDonald’s Corporation by 69.6% during the 2nd quarter. Bridges Investment Counsel Inc. now owns 41,842 shares of the fast-food giant’s stock valued at $6,409,000 after buying an additional 17,173 shares during the last quarter. Sterling Investment Management Inc. boosted its stake in shares of McDonald’s Corporation by 4.9% during the 1st quarter. Sterling Investment Management Inc. now owns 11,486 shares of the fast-food giant’s stock valued at $1,489,000 after buying an additional 536 shares during the last quarter. Finally, Candriam Luxembourg S.C.A. boosted its stake in shares of McDonald’s Corporation by 18.9% during the 1st quarter. Candriam Luxembourg S.C.A. now owns 92,407 shares of the fast-food giant’s stock valued at $11,977,000 after buying an additional 14,662 shares during the last quarter. 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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