WINTON GROUP Ltd raised its holdings in McDonald’s Corporation (NYSE:MCD) by 12.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 27,908 shares of the fast-food giant’s stock after acquiring an additional 3,071 shares during the period. WINTON GROUP Ltd’s holdings in McDonald’s were worth $4,274,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Proficio Capital Partners LLC boosted its holdings in shares of McDonald’s by 87.8% in the first quarter. Proficio Capital Partners LLC now owns 740 shares of the fast-food giant’s stock valued at $111,000 after buying an additional 346 shares during the period. Acrospire Investment Management LLC bought a new stake in McDonald’s during the second quarter worth $153,000. Harvest Fund Management Co. Ltd bought a new stake in McDonald’s during the second quarter worth $162,000. QCI Asset Management Inc. NY increased its holdings in shares of McDonald’s by 22.4% in the second quarter. QCI Asset Management Inc. NY now owns 1,094 shares of the fast-food giant’s stock valued at $168,000 after purchasing an additional 200 shares during the last quarter. Finally, AlphaMark Advisors LLC increased its holdings in shares of McDonald’s by 0.4% in the second quarter. AlphaMark Advisors LLC now owns 1,288 shares of the fast-food giant’s stock valued at $197,000 after purchasing an additional 5 shares during the last quarter. Institutional investors own 67.40% of the company’s stock.

MCD has been the topic of several research reports. Robert W. Baird reiterated a “buy” rating and issued a $170.00 price objective on shares of McDonald’s in a report on Friday, September 1st. Royal Bank of Canada reiterated a “buy” rating and issued a $175.00 price objective on shares of McDonald’s in a report on Friday, September 8th. Mizuho reiterated a “buy” rating and issued a $173.00 price objective (up from $170.00) on shares of McDonald’s in a report on Wednesday, September 13th. Sanford C. Bernstein set a $180.00 price objective on shares of McDonald’s and gave the company a “buy” rating in a report on Tuesday, September 19th. Finally, Credit Suisse Group set a $170.00 price target on shares of McDonald’s and gave the company a “buy” rating in a research note on Wednesday, September 20th. Ten analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $175.05.

In other news, insider Stephen Easterbrook sold 171,577 shares of McDonald’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the sale, the insider now directly owns 49,778 shares in the company, valued at approximately $8,378,632.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP James R. Sappington sold 8,046 shares of McDonald’s stock in a transaction on Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total value of $1,327,590.00. Following the sale, the vice president now owns 15,739 shares in the company, valued at $2,596,935. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

Shares of McDonald’s Corporation (MCD) traded up $1.32 during trading hours on Thursday, reaching $173.55. The company’s stock had a trading volume of 2,554,000 shares, compared to its average volume of 3,450,031. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of -8.17. McDonald’s Corporation has a fifty-two week low of $118.18 and a fifty-two week high of $174.44. The company has a market cap of $137,299.28, a PE ratio of 26.91, a PEG ratio of 2.82 and a beta of 0.67.

McDonald’s (NYSE:MCD) last issued its quarterly earnings data on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.01. The business had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.75 billion. McDonald’s had a negative return on equity of 216.45% and a net margin of 24.19%. The business’s revenue was down 10.4% on a year-over-year basis. During the same period last year, the business earned $1.62 EPS. equities research analysts forecast that McDonald’s Corporation will post 6.53 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be paid a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a dividend yield of 2.33%. This is a boost from McDonald’s’s previous quarterly dividend of $0.94. The ex-dividend date is Thursday, November 30th. McDonald’s’s payout ratio is presently 58.30%.

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McDonald’s 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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Institutional Ownership by Quarter for McDonald`s (NYSE:MCD)

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