QS Investors LLC boosted its holdings in shares of McDonald’s Corporation (NYSE:MCD) by 11.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 151,728 shares of the fast-food giant’s stock after buying an additional 15,383 shares during the period. QS Investors LLC’s holdings in McDonald’s were worth $23,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Proficio Capital Partners LLC grew its stake in McDonald’s by 0.7% during the 2nd quarter. Proficio Capital Partners LLC now owns 745 shares of the fast-food giant’s stock valued at $117,000 after purchasing an additional 5 shares during the last quarter. AlphaMark Advisors LLC boosted its stake 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 worth $197,000 after buying an additional 5 shares during the last quarter. Winch Advisory Services LLC boosted its stake in shares of McDonald’s 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 last quarter. Valmark Advisers Inc. boosted its stake in shares of McDonald’s by 0.3% in the second quarter. Valmark Advisers Inc. now owns 2,381 shares of the fast-food giant’s stock worth $365,000 after buying an additional 8 shares during the last quarter. Finally, Allen Investment Management LLC boosted its stake in shares of McDonald’s by 0.5% in the second quarter. Allen Investment Management LLC now owns 1,725 shares of the fast-food giant’s stock worth $264,000 after buying an additional 9 shares during the last quarter. 67.40% of the stock is currently owned by institutional investors.

McDonald’s Corporation (NYSE:MCD) traded up $0.24 during trading on Monday, reaching $173.15. The company’s stock had a trading volume of 2,241,100 shares, compared to its average volume of 3,461,210. McDonald’s Corporation has a one year low of $118.18 and a one year high of $174.44. The company has a debt-to-equity ratio of -8.17, a quick ratio of 1.27 and a current ratio of 1.28. The firm has a market capitalization of $138,032.69, a PE ratio of 27.06, a PEG ratio of 2.83 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 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.01. McDonald’s had a negative return on equity of 216.45% and a net margin of 24.19%. The company had revenue of $5.75 billion for the quarter, compared to analysts’ expectations of $5.75 billion. During the same period last year, the firm earned $1.62 earnings per share. McDonald’s’s quarterly revenue was down 10.4% on a year-over-year basis. analysts anticipate that McDonald’s Corporation will post 6.53 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $1.01 per share. The ex-dividend date is Thursday, November 30th. 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. McDonald’s’s payout ratio is 58.30%.

In other news, insider Stephen Easterbrook sold 171,577 shares of McDonald’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 sale, the insider now owns 49,778 shares in the company, valued at $8,378,632.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP James R. Sappington sold 8,046 shares of McDonald’s stock in a transaction dated 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 approximately $2,596,935. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by insiders.

MCD has been the topic of a number of recent research reports. Bank of America restated a “buy” rating and issued a $175.00 target price on shares of McDonald’s in a research note on Monday, August 14th. BidaskClub upgraded McDonald’s from a “hold” rating to a “buy” rating in a research note on Monday, August 14th. Robert W. Baird reiterated a “buy” rating and set a $170.00 price target on shares of McDonald’s in a research report on Friday, September 1st. Royal Bank Of Canada reiterated a “buy” rating and set a $175.00 price target on shares of McDonald’s in a research report on Friday, September 8th. Finally, Mizuho reiterated a “buy” rating and set a $173.00 price target (up previously from $170.00) on shares of McDonald’s in a research report on Wednesday, September 13th. Ten equities research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the stock. McDonald’s currently has an average rating of “Buy” and an average price target of $174.32.

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

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