Shares of McDonald’s Corp. (NYSE:MCD) have been given an average rating of “Hold” by the thirty-four brokerages that are currently covering the stock. Two research analysts have rated the stock with a sell recommendation, eighteen have assigned a hold recommendation and fourteen have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $126.50.

MCD has been the subject of a number of research analyst reports. Sanford C. Bernstein initiated coverage on McDonald’s Corp. in a research note on Thursday, May 26th. They issued a “market perform” rating and a $129.00 target price for the company. Nomura restated a “buy” rating on shares of McDonald’s Corp. in a research note on Thursday, June 2nd. Credit Agricole SA restated a “sell” rating and issued a $128.00 target price on shares of McDonald’s Corp. in a research note on Wednesday, June 8th. Longbow Research restated a “hold” rating on shares of McDonald’s Corp. in a research note on Wednesday, June 8th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of McDonald’s Corp. in a research note on Wednesday, June 22nd.

McDonald’s Corp. (NYSE:MCD) traded up 1.07% on Tuesday, reaching $116.44. The company’s stock had a trading volume of 2,347,485 shares. The company’s 50 day moving average price is $116.61 and its 200-day moving average price is $122.30. McDonald’s Corp. has a 12-month low of $95.78 and a 12-month high of $131.96. The stock has a market cap of $99.37 billion, a PE ratio of 22.23 and a beta of 0.59.

McDonald’s Corp. (NYSE:MCD) last released its earnings results on Tuesday, July 26th. The fast-food giant reported $1.45 EPS for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.06. The company earned $6.27 billion during the quarter, compared to analysts’ expectations of $6.28 billion. McDonald’s Corp. had a return on equity of 97.56% and a net margin of 18.73%. The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.26 EPS. On average, equities analysts expect that McDonald’s Corp. will post $5.56 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 16th. Stockholders of record on Thursday, September 1st were paid a dividend of $0.89 per share. The ex-dividend date of this dividend was Tuesday, August 30th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 3.09%. McDonald’s Corp.’s dividend payout ratio is 68.59%.

In other news, Chairman Andrew J. Mckenna sold 70,000 shares of the company’s stock in a transaction that occurred on Thursday, August 4th. The stock was sold at an average price of $118.28, for a total transaction of $8,279,600.00. Following the transaction, the chairman now owns 108,841 shares of the company’s stock, valued at $12,873,713.48. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.28% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. LGL Partners LLC boosted its position in McDonald’s Corp. by 0.4% in the first quarter. LGL Partners LLC now owns 1,722 shares of the fast-food giant’s stock worth $216,000 after buying an additional 7 shares in the last quarter. Nelson Roberts Investment Advisors LLC boosted its position in McDonald’s Corp. by 0.3% in the second quarter. Nelson Roberts Investment Advisors LLC now owns 2,647 shares of the fast-food giant’s stock worth $319,000 after buying an additional 7 shares in the last quarter. Day & Ennis LLC boosted its position in McDonald’s Corp. by 0.3% in the second quarter. Day & Ennis LLC now owns 2,560 shares of the fast-food giant’s stock worth $308,000 after buying an additional 7 shares in the last quarter. Parsec Financial Management Inc. boosted its position in McDonald’s Corp. by 0.3% in the second quarter. Parsec Financial Management Inc. now owns 2,980 shares of the fast-food giant’s stock worth $359,000 after buying an additional 10 shares in the last quarter. Finally, Howland Capital Management LLC boosted its position in McDonald’s Corp. by 0.5% in the second quarter. Howland Capital Management LLC now owns 3,172 shares of the fast-food giant’s stock worth $382,000 after buying an additional 15 shares in the last quarter. 69.19% of the stock is currently owned by hedge funds and other institutional investors.

McDonald’s Corp. Company Profile

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally-relevant menu of quality 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.

5 Day Chart for NYSE:MCD

Receive News & Ratings for McDonald's Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McDonald's Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.