McDonald’s Corporation (NYSE:MCD) EVP David Ogden Fairhurst sold 4,782 shares of the company’s 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 sale, the executive vice president now directly owns 6,954 shares of the company’s stock, valued at approximately $1,092,125.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

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

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

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Several institutional investors have recently made changes to their positions in MCD. Orrstown Financial Services Inc. raised its position in shares of McDonald’s Corporation by 17.2% in the second quarter. Orrstown Financial Services Inc. now owns 709 shares of the fast-food giant’s stock valued at $108,000 after buying an additional 104 shares during the period. Proficio Capital Partners LLC raised its position in shares of McDonald’s Corporation 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. Vigilant Capital Management LLC raised its position in shares of McDonald’s Corporation by 9.4% in the first quarter. Vigilant Capital Management LLC now owns 977 shares of the fast-food giant’s stock valued at $127,000 after buying an additional 84 shares during the period. Signature Estate & Investment Advisors LLC acquired a new position in shares of McDonald’s Corporation during the first quarter valued at approximately $146,000. Finally, Acrospire Investment Management LLC acquired a new position in shares of McDonald’s Corporation during the second quarter valued at approximately $153,000. 68.20% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts recently issued reports on the company. Royal Bank Of Canada set a $175.00 price objective on McDonald’s Corporation and gave the company a “buy” rating in a research note on Wednesday, July 26th. Sanford C. Bernstein reiterated an “outperform” rating and set a $170.00 price objective on shares of McDonald’s Corporation in a research note on Tuesday, July 25th. BidaskClub downgraded McDonald’s Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. BTIG Research boosted their price objective on McDonald’s Corporation from $137.00 to $156.00 and gave the company a “buy” rating in a research note on Wednesday, April 26th. Finally, Bank of America Corporation reiterated a “buy” rating and set a $175.00 price objective on shares of McDonald’s Corporation in a research note on Monday. Twelve research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $162.16.

About McDonald’s Corporation

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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