Glenview Trust Co raised its position in shares of Mcdonald’s Corp (NYSE:MCD) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,793 shares of the fast-food giant’s stock after buying an additional 3,556 shares during the quarter. Glenview Trust Co’s holdings in Mcdonald’s were worth $14,582,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in MCD. Dearborn Partners LLC increased its stake in Mcdonald’s by 5.3% during the fourth quarter. Dearborn Partners LLC now owns 249,299 shares of the fast-food giant’s stock worth $49,264,000 after acquiring an additional 12,566 shares during the last quarter. EP Wealth Advisors LLC boosted its holdings in shares of Mcdonald’s by 10.4% in the 3rd quarter. EP Wealth Advisors LLC now owns 8,500 shares of the fast-food giant’s stock worth $1,825,000 after purchasing an additional 801 shares during the period. Ropes Wealth Advisors LLC increased its position in shares of Mcdonald’s by 9.9% during the 3rd quarter. Ropes Wealth Advisors LLC now owns 24,962 shares of the fast-food giant’s stock valued at $5,360,000 after purchasing an additional 2,247 shares during the last quarter. Stillwater Investment Management LLC increased its position in shares of Mcdonald’s by 0.6% during the 4th quarter. Stillwater Investment Management LLC now owns 18,280 shares of the fast-food giant’s stock valued at $3,612,000 after purchasing an additional 114 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in Mcdonald’s by 8.5% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 138,138 shares of the fast-food giant’s stock valued at $27,297,000 after buying an additional 10,793 shares during the period. 67.12% of the stock is currently owned by institutional investors and hedge funds.

In other news, VP Catherine A. Hoovel sold 2,555 shares of the business’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $214.00, for a total value of $546,770.00. Following the completion of the transaction, the vice president now directly owns 1,347 shares of the company’s stock, valued at approximately $288,258. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Francesca A. Debiase sold 14,026 shares of the business’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $213.71, for a total value of $2,997,496.46. Following the completion of the transaction, the executive vice president now directly owns 19,067 shares of the company’s stock, valued at $4,074,808.57. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,616 shares of company stock worth $4,198,430. Insiders own 0.25% of the company’s stock.

Shares of Mcdonald’s stock traded down $0.13 during trading on Friday, hitting $217.29. 9,112 shares of the stock traded hands, compared to its average volume of 3,444,645. The stock’s fifty day simple moving average is $208.09 and its 200 day simple moving average is $206.46. The firm has a market cap of $163.77 billion, a P/E ratio of 27.59, a price-to-earnings-growth ratio of 2.82 and a beta of 0.43. Mcdonald’s Corp has a 52-week low of $173.41 and a 52-week high of $221.93.

Mcdonald’s (NYSE:MCD) last issued its earnings results on Wednesday, January 29th. The fast-food giant reported $1.97 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.96 by $0.01. Mcdonald’s had a net margin of 28.59% and a negative return on equity of 79.57%. The company had revenue of $5.35 billion for the quarter, compared to analysts’ expectations of $5.30 billion. During the same period in the prior year, the business earned $1.97 EPS. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. On average, equities research analysts anticipate that Mcdonald’s Corp will post 8.54 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be paid a dividend of $1.25 per share. The ex-dividend date is Friday, February 28th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.30%. Mcdonald’s’s dividend payout ratio is presently 63.78%.

Several research analysts have commented on MCD shares. Longbow Research raised shares of Mcdonald’s from a “neutral” rating to a “buy” rating and set a $227.00 price objective for the company in a research note on Friday, November 8th. Stephens reissued a “buy” rating and issued a $225.00 target price on shares of Mcdonald’s in a research note on Wednesday, December 11th. SunTrust Banks restated a “buy” rating on shares of Mcdonald’s in a report on Friday, January 31st. Bank of America reaffirmed a “buy” rating and set a $240.00 price target on shares of Mcdonald’s in a research note on Thursday, January 30th. Finally, Credit Suisse Group cut their price target on shares of Mcdonald’s from $236.00 to $230.00 and set an “outperform” rating on the stock in a report on Wednesday, October 23rd. Nine analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $226.82.

Mcdonald’s 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, 2018, the company operated 37,855 restaurants, including 35,085 franchised restaurants comprising 21,685 franchised to conventional franchisees, 7,225 licensed to developmental licensees, and 6,175 licensed to foreign affiliates; and 2,770 company-operated restaurants.

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

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