Investors bought shares of McDonald’s Corporation (NYSE:MCD) on weakness during trading hours on Monday. $195.06 million flowed into the stock on the tick-up and $117.90 million flowed out of the stock on the tick-down, for a money net flow of $77.16 million into the stock. Of all stocks tracked, McDonald’s had the 15th highest net in-flow for the day. McDonald’s traded down ($2.22) for the day and closed at $170.65

A number of research firms recently issued reports on MCD. ValuEngine downgraded shares of McDonald’s from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Robert W. Baird reaffirmed an “outperform” rating and set a $170.00 price target on shares of McDonald’s in a research note on Tuesday, October 3rd. Bank of America reaffirmed a “buy” rating and set a $175.00 price target on shares of McDonald’s in a research note on Monday, August 14th. Royal Bank Of Canada upped their price target on shares of McDonald’s from $175.00 to $180.00 and gave the company an “outperform” rating in a research note on Friday, October 13th. Finally, Longbow Research raised shares of McDonald’s from a “neutral” rating to a “buy” rating and upped their price target for the company from $154.05 to $183.00 in a research note on Thursday, September 28th. Ten investment analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $173.95.

The company has a debt-to-equity ratio of -8.17, a current ratio of 1.28 and a quick ratio of 1.27. The stock has a market capitalization of $136,039.72, a price-to-earnings ratio of 26.66, a P/E/G ratio of 2.79 and a beta of 0.67.

McDonald’s (NYSE:MCD) last posted its quarterly earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 EPS for the quarter, topping the Zacks’ consensus estimate of $1.75 by $0.01. The firm had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.75 billion. McDonald’s had a net margin of 24.19% and a negative return on equity of 216.45%. The business’s revenue for the quarter was down 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.62 earnings per share. research analysts expect that McDonald’s Corporation will post 6.52 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a $1.01 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This is a boost from McDonald’s’s previous quarterly dividend of $0.94. This represents a $4.04 dividend on an annualized basis and a dividend yield of 2.34%. McDonald’s’s dividend payout ratio is presently 58.30%.

In other news, VP James R. Sappington sold 8,046 shares of the company’s stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $165.00, for a total value of $1,327,590.00. Following the transaction, the vice president now directly owns 15,739 shares in the company, valued at $2,596,935. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Stephen Easterbrook sold 171,577 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider now owns 49,778 shares in the company, valued at $8,378,632.96. The disclosure for this sale can be found here. Corporate insiders own 0.24% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of MCD. Jennison Associates LLC grew its holdings in McDonald’s by 681.3% during the 2nd quarter. Jennison Associates LLC now owns 6,109,830 shares of the fast-food giant’s stock worth $935,782,000 after acquiring an additional 5,327,778 shares in the last quarter. Janus Henderson Group PLC grew its holdings in McDonald’s by 3,951.0% during the 2nd quarter. Janus Henderson Group PLC now owns 4,422,423 shares of the fast-food giant’s stock worth $677,339,000 after acquiring an additional 4,313,253 shares in the last quarter. FMR LLC grew its holdings in McDonald’s by 72.9% during the 2nd quarter. FMR LLC now owns 8,371,823 shares of the fast-food giant’s stock worth $1,282,229,000 after acquiring an additional 3,530,622 shares in the last quarter. Alliancebernstein L.P. grew its holdings in McDonald’s by 69.9% during the 2nd quarter. Alliancebernstein L.P. now owns 7,558,294 shares of the fast-food giant’s stock worth $1,157,628,000 after acquiring an additional 3,110,669 shares in the last quarter. Finally, BlackRock Inc. grew its holdings in McDonald’s by 3.0% during the 2nd quarter. BlackRock Inc. now owns 54,606,388 shares of the fast-food giant’s stock worth $8,363,515,000 after acquiring an additional 1,586,761 shares in the last quarter. Hedge funds and other institutional investors own 67.40% of the company’s stock.

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About McDonald’s

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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