Robert W. Baird reiterated their outperform rating on shares of McDonald’s Corporation (NYSE:MCD) in a report published on Thursday.

Other research analysts also recently issued research reports about the stock. Vetr downgraded shares of McDonald’s Corporation from a strong-buy rating to a buy rating and set a $126.64 target price on the stock. in a report on Tuesday, November 8th. BTIG Research set a $137.00 target price on shares of McDonald’s Corporation and gave the stock a buy rating in a report on Monday, October 24th. J P Morgan Chase & Co set a $127.00 target price on shares of McDonald’s Corporation and gave the stock a buy rating in a report on Monday, October 24th. RBC Capital Markets set a $140.00 target price on shares of McDonald’s Corporation and gave the stock a buy rating in a report on Thursday, November 17th. Finally, Zacks Investment Research upgraded shares of McDonald’s Corporation from a hold rating to a buy rating and set a $132.00 target price on the stock in a report on Tuesday, November 15th. Two research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have given a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $127.99.

Shares of McDonald’s Corporation (NYSE:MCD) traded up 0.17% during midday trading on Thursday, hitting $126.70. 3,003,686 shares of the company’s stock traded hands. The company has a 50 day moving average price of $122.59 and a 200 day moving average price of $118.23. McDonald’s Corporation has a 1-year low of $110.33 and a 1-year high of $131.96. The firm has a market capitalization of $105.22 billion, a price-to-earnings ratio of 23.29 and a beta of 0.69.

McDonald’s Corporation (NYSE:MCD) last announced its earnings results on Monday, January 23rd. The fast-food giant reported $1.44 EPS for the quarter, topping the consensus estimate of $1.41 by $0.03. The firm had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $5.99 billion. McDonald’s Corporation had a net margin of 18.93% and a return on equity of 514.39%. The business’s quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.31 EPS. Equities analysts anticipate that McDonald’s Corporation will post $6.17 earnings per share for the current year.

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The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 15th. Shareholders of record on Wednesday, March 1st will be paid a $0.94 dividend. This represents a $3.76 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Monday, February 27th. McDonald’s Corporation’s dividend payout ratio is presently 69.37%.

Institutional investors have recently made changes to their positions in the company. Massey Quick & Co. LLC bought a new position in shares of McDonald’s Corporation during the fourth quarter worth $119,000. Zions Bancorporation increased its position in shares of McDonald’s Corporation by 0.6% in the fourth quarter. Zions Bancorporation now owns 1,069 shares of the fast-food giant’s stock worth $130,000 after buying an additional 6 shares in the last quarter. D Orazio & Associates Inc. increased its position in shares of McDonald’s Corporation by 0.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,090 shares of the fast-food giant’s stock worth $133,000 after buying an additional 8 shares in the last quarter. Timber Creek Capital Management LLC increased its position in shares of McDonald’s Corporation by 150.7% in the third quarter. Timber Creek Capital Management LLC now owns 1,281 shares of the fast-food giant’s stock worth $147,000 after buying an additional 770 shares in the last quarter. Finally, Hall Laurie J Trustee bought a new position in shares of McDonald’s Corporation during the fourth quarter worth $153,000. 67.19% of the stock is owned by institutional investors.

McDonald’s Corporation 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

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