McDonald’s Corporation (MCD) Position Increased by Dupont Capital Management Corp

Dupont Capital Management Corp boosted its position in shares of McDonald’s Corporation (NYSE:MCD) by 2.2% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 43,893 shares of the fast-food giant’s stock after purchasing an additional 930 shares during the quarter. Dupont Capital Management Corp’s holdings in McDonald’s Corporation were worth $6,723,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Legal & General Group Plc boosted its holdings in shares of McDonald’s Corporation by 4.6% during the 1st quarter. Legal & General Group Plc now owns 4,241,304 shares of the fast-food giant’s stock valued at $549,720,000 after acquiring an additional 187,324 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of McDonald’s Corporation by 3.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 4,009,947 shares of the fast-food giant’s stock valued at $614,164,000 after acquiring an additional 127,840 shares during the last quarter. Swiss National Bank boosted its holdings in shares of McDonald’s Corporation by 18.0% during the 1st quarter. Swiss National Bank now owns 3,653,548 shares of the fast-food giant’s stock valued at $473,536,000 after acquiring an additional 558,300 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of McDonald’s Corporation by 26.3% during the 2nd quarter. Bank of Montreal Can now owns 1,894,258 shares of the fast-food giant’s stock valued at $290,125,000 after acquiring an additional 393,881 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of McDonald’s Corporation by 0.4% during the 1st quarter. Great West Life Assurance Co. Can now owns 1,881,094 shares of the fast-food giant’s stock valued at $243,570,000 after acquiring an additional 7,974 shares during the last quarter. 67.99% of the stock is currently owned by institutional investors.

McDonald’s Corporation (NYSE:MCD) opened at 165.39 on Monday. The stock has a market capitalization of $133.97 billion, a price-to-earnings ratio of 27.07 and a beta of 0.69. McDonald’s Corporation has a 12-month low of $110.83 and a 12-month high of $167.90. The company has a 50 day moving average of $160.28 and a 200-day moving average of $153.23.

McDonald’s Corporation (NYSE:MCD) last posted its quarterly earnings data on Tuesday, October 24th. The fast-food giant reported $1.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.75 by $0.01. McDonald’s Corporation had a negative return on equity of 252.87% and a net margin of 24.19%. The firm had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.75 billion. During the same period in the prior year, the company earned $1.62 EPS. The firm’s revenue was down 10.4% compared to the same quarter last year. On average, equities research analysts forecast that McDonald’s Corporation will post $6.54 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $1.01 dividend. This is an increase from McDonald’s Corporation’s previous quarterly dividend of $0.94. This represents a $4.04 annualized dividend and a yield of 2.44%. The ex-dividend date is Thursday, November 30th. McDonald’s Corporation’s dividend payout ratio is currently 54.26%.

MCD has been the topic of a number of recent analyst reports. Deutsche Bank AG raised their price target on shares of McDonald’s Corporation from $155.00 to $175.00 and gave the company a “buy” rating in a report on Monday, July 10th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $153.00 price target on shares of McDonald’s Corporation in a report on Friday, July 14th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $167.00 price target (up previously from $153.00) on shares of McDonald’s Corporation in a report on Friday, July 21st. Instinet reaffirmed a “buy” rating and set a $172.00 price target (up previously from $161.00) on shares of McDonald’s Corporation in a report on Friday, July 21st. Finally, J P Morgan Chase & Co set a $170.00 price target on shares of McDonald’s Corporation and gave the company a “buy” rating in a report on Thursday, July 20th. Eleven investment analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $169.93.

In related news, VP James R. Sappington sold 8,046 shares of the 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 completion of the transaction, the vice president now directly owns 15,739 shares of the company’s stock, valued at approximately $2,596,935. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Joseph M. Erlinger sold 10,793 shares of the stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $154.44, for a total value of $1,666,870.92. Following the completion of the transaction, the insider now directly owns 7,318 shares of the company’s stock, valued at $1,130,191.92. The disclosure for this sale can be found here. Over the last three months, insiders sold 23,621 shares of company stock valued at $3,745,474. 0.24% of the stock is owned by corporate insiders.

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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.

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

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