Mcdonald’s Corp (MCD) Shares Sold by Reilly Financial Advisors LLC

Reilly Financial Advisors LLC reduced its position in shares of Mcdonald’s Corp (NYSE:MCD) by 18.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,495 shares of the fast-food giant’s stock after selling 333 shares during the period. Reilly Financial Advisors LLC’s holdings in Mcdonald’s were worth $265,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc boosted its holdings in Mcdonald’s by 3.1% in the fourth quarter. Versant Capital Management Inc now owns 2,198 shares of the fast-food giant’s stock valued at $390,000 after purchasing an additional 67 shares during the period. Ackerman Capital Advisors LLC boosted its holdings in Mcdonald’s by 10,626.8% in the fourth quarter. Ackerman Capital Advisors LLC now owns 536,339 shares of the fast-food giant’s stock valued at $3,644,000 after purchasing an additional 531,339 shares during the period. Berkeley Capital Partners LLC boosted its holdings in Mcdonald’s by 25.9% in the fourth quarter. Berkeley Capital Partners LLC now owns 3,281 shares of the fast-food giant’s stock valued at $583,000 after purchasing an additional 675 shares during the period. Bank of Stockton boosted its holdings in Mcdonald’s by 5.9% in the fourth quarter. Bank of Stockton now owns 4,445 shares of the fast-food giant’s stock valued at $789,000 after purchasing an additional 248 shares during the period. Finally, Quantamental Technologies LLC purchased a new position in Mcdonald’s in the fourth quarter valued at $195,000. Institutional investors and hedge funds own 69.20% of the company’s stock.

Mcdonald’s stock opened at $173.97 on Wednesday. Mcdonald’s Corp has a 1-year low of $146.84 and a 1-year high of $190.88. The firm has a market capitalization of $134.34 billion, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 2.41 and a beta of 0.52.

Mcdonald’s (NYSE:MCD) last posted its quarterly earnings results on Wednesday, January 30th. The fast-food giant reported $1.97 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.90 by $0.07. Mcdonald’s had a negative return on equity of 104.38% and a net margin of 28.18%. The company had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.16 billion. During the same period last year, the firm earned $1.71 earnings per share. Mcdonald’s’s quarterly revenue was down 3.3% on a year-over-year basis. Equities research analysts predict that Mcdonald’s Corp will post 8.19 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 15th. Stockholders of record on Friday, March 1st will be given a dividend of $1.16 per share. This represents a $4.64 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend is Thursday, February 28th. Mcdonald’s’s dividend payout ratio (DPR) is currently 58.73%.

In other news, VP Robert Lane Gibbs sold 22,036 shares of Mcdonald’s stock in a transaction dated Thursday, January 31st. The stock was sold at an average price of $180.95, for a total transaction of $3,987,414.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP David Ogden Fairhurst sold 76,411 shares of Mcdonald’s stock in a transaction dated Tuesday, February 5th. The stock was sold at an average price of $178.25, for a total value of $13,620,260.75. Following the sale, the executive vice president now owns 12,110 shares in the company, valued at approximately $2,158,607.50. The disclosure for this sale can be found here. Insiders have sold 128,447 shares of company stock worth $23,015,775 in the last quarter. Insiders own 0.22% of the company’s stock.

A number of research analysts recently issued reports on the company. Sanford C. Bernstein reiterated a “buy” rating and issued a $195.00 target price on shares of Mcdonald’s in a report on Tuesday, October 23rd. Royal Bank of Canada set a $190.00 target price on Mcdonald’s and gave the company a “buy” rating in a report on Wednesday, October 24th. Barclays reiterated a “buy” rating and issued a $198.00 target price on shares of Mcdonald’s in a report on Wednesday, October 24th. Robert W. Baird reiterated a “buy” rating and issued a $200.00 target price on shares of Mcdonald’s in a report on Wednesday, October 24th. Finally, Stifel Nicolaus reiterated a “neutral” rating and issued a $174.00 target price on shares of Mcdonald’s in a report on Wednesday, October 24th. Seven research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company’s stock. Mcdonald’s currently has a consensus rating of “Buy” and a consensus target price of $192.35.

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Mcdonald’s Company Profile

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer various food products, soft drinks, coffee, and other beverages, as well as breakfast menu. As of December 31, 2017, the company operated 37,241 restaurants, including 34,108 franchised restaurants comprising 21,366 franchised to conventional franchisees, 6,945 licensed to developmental licensees, and 5,797 licensed to foreign affiliates; and 3,133 company-operated restaurants.

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

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