McDonald’s Corporation (NYSE:MCD) EVP David Ogden Fairhurst sold 4,782 shares of McDonald’s Corporation stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $157.05, for a total transaction of $751,013.10. Following the completion of the transaction, the executive vice president now directly owns 6,954 shares of the company’s stock, valued at approximately $1,092,125.70. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

McDonald’s Corporation (NYSE:MCD) traded up 0.39% on Wednesday, reaching $158.24. 197,548 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $155.03 and its 200 day moving average price is $141.40. McDonald’s Corporation has a 12 month low of $110.33 and a 12 month high of $159.98. The company has a market cap of $128.17 billion, a PE ratio of 25.90 and a beta of 0.70.

McDonald’s Corporation (NYSE:MCD) last released its quarterly earnings results on Tuesday, July 25th. The fast-food giant reported $1.70 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.08. The business 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 firm’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.45 earnings per share. On average, equities analysts expect that McDonald’s Corporation will post $6.55 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Friday, September 1st will be issued a $0.94 dividend. This represents a $3.76 annualized dividend and a yield of 2.39%. The ex-dividend date is Wednesday, August 30th. McDonald’s Corporation’s dividend payout ratio (DPR) is currently 61.54%.

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Hedge funds have recently made changes to their positions in the stock. Proficio Capital Partners LLC boosted its stake in shares of McDonald’s Corporation by 0.7% in the second quarter. Proficio Capital Partners LLC now owns 745 shares of the fast-food giant’s stock worth $117,000 after buying an additional 5 shares during the period. AlphaMark Advisors LLC boosted its stake in shares of McDonald’s Corporation by 0.4% in the second quarter. AlphaMark Advisors LLC now owns 1,288 shares of the fast-food giant’s stock worth $197,000 after buying an additional 5 shares during the period. Diversified Trust Co boosted its stake in shares of McDonald’s Corporation by 0.3% in the first quarter. Diversified Trust Co now owns 1,986 shares of the fast-food giant’s stock worth $257,000 after buying an additional 6 shares during the period. Highland Private Wealth Management boosted its stake in shares of McDonald’s Corporation by 0.3% in the second quarter. Highland Private Wealth Management now owns 2,182 shares of the fast-food giant’s stock worth $335,000 after buying an additional 6 shares during the period. Finally, Winch Advisory Services LLC boosted its stake in shares of McDonald’s Corporation by 0.4% in the second quarter. Winch Advisory Services LLC now owns 1,598 shares of the fast-food giant’s stock worth $245,000 after buying an additional 7 shares during the period. Hedge funds and other institutional investors own 68.20% of the company’s stock.

Several analysts recently commented on MCD shares. BidaskClub raised shares of McDonald’s Corporation from a “hold” rating to a “buy” rating in a report on Monday. Bank of America Corporation reaffirmed a “buy” rating and set a $175.00 target price on shares of McDonald’s Corporation in a report on Monday. Vetr raised shares of McDonald’s Corporation from a “sell” rating to a “hold” rating and set a $159.47 target price for the company in a report on Thursday, August 3rd. Zacks Investment Research downgraded shares of McDonald’s Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $170.00 target price on shares of McDonald’s Corporation in a report on Friday, July 28th. Twelve equities research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company. McDonald’s Corporation currently has an average rating of “Buy” and an average price target of $162.16.

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.

Insider Buying and Selling by Quarter for McDonald`s Corporation (NYSE:MCD)

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