Bronfman E.L. Rothschild L.P. boosted its holdings in shares of McDonald’s Corporation (NYSE:MCD) by 34.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,829 shares of the fast-food giant’s stock after acquiring an additional 3,290 shares during the quarter. Bronfman E.L. Rothschild L.P.’s holdings in McDonald’s Corporation were worth $1,965,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Proficio Capital Partners LLC increased its stake in McDonald’s Corporation by 87.8% during the first quarter. Proficio Capital Partners LLC now owns 740 shares of the fast-food giant’s stock worth $111,000 after acquiring an additional 346 shares during the last quarter. Acrospire Investment Management LLC acquired a new stake in shares of McDonald’s Corporation in the second quarter valued at $153,000. QCI Asset Management Inc. NY grew its stake in shares of McDonald’s Corporation by 22.4% in the second quarter. QCI Asset Management Inc. NY now owns 1,094 shares of the fast-food giant’s stock valued at $168,000 after buying an additional 200 shares in the last quarter. AlphaMark Advisors LLC grew its stake in shares of McDonald’s Corporation by 0.4% in the second quarter. AlphaMark Advisors LLC now owns 1,288 shares of the fast-food giant’s stock valued at $197,000 after buying an additional 5 shares in the last quarter. Finally, Zions Bancorporation grew its stake in shares of McDonald’s Corporation by 44.6% in the first quarter. Zions Bancorporation now owns 1,546 shares of the fast-food giant’s stock valued at $201,000 after buying an additional 477 shares in the last quarter. 67.95% of the stock is owned by institutional investors.

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In other McDonald’s Corporation news, VP James R. Sappington sold 8,046 shares of McDonald’s Corporation stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total transaction of $1,327,590.00. Following the completion of the sale, the vice president now directly owns 15,739 shares of the company’s stock, valued at approximately $2,596,935. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.24% of the company’s stock.

McDonald’s Corporation (NYSE:MCD) opened at $169.05 on Friday. The stock has a market capitalization of $134,764.23, a price-to-earnings ratio of 26.41, a P/E/G ratio of 2.76 and a beta of 0.67. McDonald’s Corporation has a fifty-two week low of $117.71 and a fifty-two week high of $170.92. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of -8.17.

McDonald’s Corporation (NYSE:MCD) last released its earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.01. The firm had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.75 billion. McDonald’s Corporation had a negative return on equity of 216.45% and a net margin of 24.19%. McDonald’s Corporation’s revenue was down 10.4% compared to the same quarter last year. During the same period last year, the business posted $1.62 earnings per share. research analysts anticipate that McDonald’s Corporation will post 6.52 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a $1.01 dividend. The ex-dividend date is Thursday, November 30th. This is a positive change from McDonald’s Corporation’s previous quarterly dividend of $0.94. This represents a $4.04 dividend on an annualized basis and a yield of 2.39%. McDonald’s Corporation’s dividend payout ratio (DPR) is 54.26%.

A number of equities research analysts have recently weighed in on MCD shares. Goldman Sachs Group, Inc. (The) set a $174.00 price objective on McDonald’s Corporation and gave the company a “buy” rating in a research note on Thursday, July 27th. Zacks Investment Research raised McDonald’s Corporation from a “hold” rating to a “buy” rating and set a $170.00 price objective for the company in a research note on Thursday, July 27th. Jefferies Group LLC reaffirmed a “hold” rating on shares of McDonald’s Corporation in a research note on Thursday, July 27th. Cowen Inc reaffirmed a “buy” rating and issued a $180.00 price objective on shares of McDonald’s Corporation in a research note on Friday, July 28th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $170.00 price objective on shares of McDonald’s Corporation in a research note on Friday, July 28th. Eleven investment analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $169.96.

McDonald’s Corporation 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 Corporation (NYSE:MCD)

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