AMP Capital Investors Ltd cut its position in McDonald's Co. (NYSE:MCD) by 0.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 464,302 shares of the fast-food giant’s stock after selling 839 shares during the period. AMP Capital Investors Ltd’s holdings in McDonald's were worth $72,745,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of McDonald's by 1.6% during the second quarter. Vanguard Group Inc. now owns 57,300,686 shares of the fast-food giant’s stock worth $8,776,174,000 after acquiring an additional 906,303 shares in the last quarter. BlackRock Inc. increased its position in shares of McDonald's by 3.0% during the second quarter. BlackRock Inc. now owns 54,606,388 shares of the fast-food giant’s stock worth $8,363,515,000 after acquiring an additional 1,586,761 shares in the last quarter. Capital World Investors increased its position in shares of McDonald's by 2.8% during the second quarter. Capital World Investors now owns 22,288,104 shares of the fast-food giant’s stock worth $3,413,646,000 after acquiring an additional 606,232 shares in the last quarter. Capital Research Global Investors increased its position in shares of McDonald's by 15.0% during the second quarter. Capital Research Global Investors now owns 12,058,661 shares of the fast-food giant’s stock worth $1,846,905,000 after acquiring an additional 1,572,074 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of McDonald's by 3.1% during the second quarter. Northern Trust Corp now owns 11,835,647 shares of the fast-food giant’s stock worth $1,812,747,000 after acquiring an additional 360,212 shares in the last quarter. Institutional investors own 67.53% of the company’s stock.

McDonald's Co. (NYSE MCD) opened at $160.80 on Friday. McDonald's Co. has a 12-month low of $124.52 and a 12-month high of $178.70. The company has a market cap of $131,750.00, a PE ratio of 25.28, a PEG ratio of 2.33 and a beta of 0.59. The company has a debt-to-equity ratio of -8.17, a current ratio of 1.28 and a quick ratio of 1.27.

McDonald's (NYSE:MCD) last announced its quarterly earnings data on Tuesday, January 30th. The fast-food giant reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.59 by $0.12. McDonald's had a net margin of 22.75% and a negative return on equity of 217.17%. The company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.22 billion. During the same quarter last year, the firm posted $1.44 EPS. The company’s quarterly revenue was down 11.4% on a year-over-year basis. sell-side analysts expect that McDonald's Co. will post 7.58 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be given a $1.01 dividend. This represents a $4.04 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Wednesday, February 28th. McDonald's’s dividend payout ratio (DPR) is presently 63.52%.

MCD has been the subject of several research reports. Wells Fargo & Co set a $185.00 price objective on shares of McDonald's and gave the stock a “buy” rating in a research report on Wednesday, October 25th. Royal Bank of Canada set a $190.00 target price on shares of McDonald's and gave the company a “buy” rating in a research report on Thursday, December 21st. Deutsche Bank set a $185.00 target price on shares of McDonald's and gave the company a “buy” rating in a research report on Friday, October 20th. Goldman Sachs Group set a $200.00 target price on shares of McDonald's and gave the company a “buy” rating in a research report on Friday, January 19th. Finally, Argus reaffirmed a “buy” rating on shares of McDonald's in a research report on Tuesday, October 17th. Nine equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $184.95.

In other news, insider Douglas M. Goare sold 34,575 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $173.53, for a total transaction of $5,999,799.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Catherine A. Hoovel sold 1,398 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $170.54, for a total transaction of $238,414.92. Following the sale, the vice president now owns 1,398 shares of the company’s stock, valued at approximately $238,414.92. The disclosure for this sale can be found here. In the last three months, insiders sold 207,550 shares of company stock valued at $35,118,055. Insiders own 0.24% of the company’s stock.

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McDonald's 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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