LVW Advisors LLC cut its holdings in shares of McDonald’s Corporation (NYSE:MCD) by 4.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,987 shares of the fast-food giant’s stock after selling 907 shares during the quarter. McDonald’s comprises 1.1% of LVW Advisors LLC’s investment portfolio, making the stock its 14th biggest position. LVW Advisors LLC’s holdings in McDonald’s were worth $3,214,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Proficio Capital Partners LLC raised its stake in McDonald’s by 0.7% during the second quarter. Proficio Capital Partners LLC now owns 745 shares of the fast-food giant’s stock worth $117,000 after purchasing an additional 5 shares during the period. AlphaMark Advisors LLC raised its stake in McDonald’s by 0.4% during the second quarter. AlphaMark Advisors LLC now owns 1,288 shares of the fast-food giant’s stock worth $197,000 after purchasing an additional 5 shares during the period. Winch Advisory Services LLC raised its stake in McDonald’s by 0.4% during the second quarter. Winch Advisory Services LLC now owns 1,598 shares of the fast-food giant’s stock worth $245,000 after purchasing an additional 7 shares during the period. Valmark Advisers Inc. raised its stake in McDonald’s by 0.3% during the second quarter. Valmark Advisers Inc. now owns 2,381 shares of the fast-food giant’s stock worth $365,000 after purchasing an additional 8 shares during the period. Finally, Allen Investment Management LLC raised its stake in McDonald’s by 0.5% during the second quarter. Allen Investment Management LLC now owns 1,725 shares of the fast-food giant’s stock worth $264,000 after purchasing an additional 9 shares during the period. Hedge funds and other institutional investors own 67.40% of the company’s stock.

McDonald’s Corporation (MCD) traded up $0.49 during trading on Thursday, reaching $173.48. 2,619,200 shares of the company’s stock were exchanged, compared to its average volume of 3,471,408. The firm has a market capitalization of $137,905.14, a P/E ratio of 27.03, a PEG ratio of 2.83 and a beta of 0.67. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of -8.17. McDonald’s Corporation has a 1 year low of $118.18 and a 1 year high of $174.44.

McDonald’s (NYSE:MCD) last announced its quarterly earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.75 by $0.01. McDonald’s had a net margin of 24.19% and a negative return on equity of 216.45%. The company had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.75 billion. During the same quarter in the previous year, the company posted $1.62 earnings per share. The company’s revenue for the quarter was down 10.4% compared to the same quarter last year. research analysts predict that McDonald’s Corporation will post 6.53 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $1.01 per share. This is an increase from McDonald’s’s previous quarterly dividend of $0.94. The ex-dividend date is Thursday, November 30th. This represents a $4.04 annualized dividend and a dividend yield of 2.33%. McDonald’s’s payout ratio is 58.30%.

In related news, VP James R. Sappington sold 8,046 shares of McDonald’s stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $165.00, for a total transaction of $1,327,590.00. Following the sale, the vice president now directly owns 15,739 shares in the company, valued at $2,596,935. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Stephen Easterbrook sold 171,577 shares of McDonald’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the sale, the insider now owns 49,778 shares in the company, valued at $8,378,632.96. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. ValuEngine downgraded shares of McDonald’s from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Jefferies Group raised shares of McDonald’s from a “hold” rating to a “buy” rating and upped their target price for the stock from $150.00 to $200.00 in a research note on Tuesday. Goldman Sachs Group set a $173.00 price target on shares of McDonald’s and gave the stock a “buy” rating in a report on Wednesday, November 8th. Deutsche Bank set a $185.00 price target on shares of McDonald’s and gave the stock a “buy” rating in a report on Friday, October 20th. Finally, Argus restated a “buy” rating on shares of McDonald’s in a report on Tuesday, October 17th. Ten investment analysts have rated the stock with a hold rating and twenty-five have given a buy rating to the stock. McDonald’s has a consensus rating of “Buy” and a consensus price target of $173.95.

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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.

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

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