Two Sigma Securities LLC boosted its stake in McDonald’s Corporation (NYSE:MCD) by 1,173.5% during the first quarter, according to its most recent filing with the SEC. The firm owned 32,628 shares of the fast-food giant’s stock after buying an additional 30,066 shares during the period. McDonald’s Corporation accounts for approximately 0.8% of Two Sigma Securities LLC’s investment portfolio, making the stock its 15th largest position. Two Sigma Securities LLC’s holdings in McDonald’s Corporation were worth $4,229,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of MCD. M Holdings Securities Inc. raised its stake in shares of McDonald’s Corporation by 2.3% in the fourth quarter. M Holdings Securities Inc. now owns 5,308 shares of the fast-food giant’s stock worth $646,000 after buying an additional 119 shares during the last quarter. Whalerock Point Partners LLC raised its stake in shares of McDonald’s Corporation by 0.9% in the fourth quarter. Whalerock Point Partners LLC now owns 34,130 shares of the fast-food giant’s stock worth $4,154,000 after buying an additional 300 shares during the last quarter. Jackson Grant Investment Advisers Inc. raised its stake in shares of McDonald’s Corporation by 0.4% in the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 7,931 shares of the fast-food giant’s stock worth $965,000 after buying an additional 35 shares during the last quarter. RMB Capital Management LLC acquired a new stake in shares of McDonald’s Corporation during the fourth quarter worth approximately $3,741,000. Finally, Wealthfront Inc. raised its stake in shares of McDonald’s Corporation by 4.9% in the fourth quarter. Wealthfront Inc. now owns 27,042 shares of the fast-food giant’s stock worth $3,292,000 after buying an additional 1,275 shares during the last quarter. Hedge funds and other institutional investors own 67.52% of the company’s stock.

McDonald’s Corporation (NYSE:MCD) traded up 0.62% during midday trading on Friday, hitting $157.59. The company’s stock had a trading volume of 1,133,110 shares. The company’s 50-day moving average is $154.78 and its 200 day moving average is $140.35. McDonald’s Corporation has a one year low of $110.33 and a one year high of $159.98. The company has a market cap of $127.65 billion, a price-to-earnings ratio of 25.80 and a beta of 0.70.

McDonald’s Corporation (NYSE:MCD) last posted its earnings results on Tuesday, July 25th. The fast-food giant reported $1.70 EPS for the quarter, topping the consensus estimate of $1.62 by $0.08. The firm had revenue of $6.05 billion for the quarter, compared to analyst estimates of $5.96 billion. McDonald’s Corporation had a negative return on equity of 264.89% and a net margin of 21.00%. McDonald’s Corporation’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same period last year, the company earned $1.45 earnings per share. On average, analysts predict that McDonald’s Corporation will post $6.55 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Friday, September 1st will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 2.40%. The ex-dividend date is Wednesday, August 30th. McDonald’s Corporation’s dividend payout ratio (DPR) is 61.54%.

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A number of analysts recently commented on the company. Royal Bank Of Canada set a $175.00 price target on McDonald’s Corporation and gave the stock a “buy” rating in a research note on Wednesday, July 26th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $170.00 price target on shares of McDonald’s Corporation in a research note on Tuesday, July 25th. BidaskClub lowered McDonald’s Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. BTIG Research raised their price target on McDonald’s Corporation from $137.00 to $156.00 and gave the stock a “buy” rating in a research note on Wednesday, April 26th. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $155.00 price target on shares of McDonald’s Corporation in a research note on Wednesday, April 26th. Thirteen research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $162.16.

In related news, CFO Kevin M. Ozan sold 25,322 shares of the firm’s stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $158.50, for a total transaction of $4,013,537.00. Following the sale, the chief financial officer now directly owns 24,039 shares of the company’s stock, valued at $3,810,181.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Jerome N. Krulewitch sold 11,755 shares of the firm’s stock in a transaction dated Wednesday, July 26th. The stock was sold at an average price of $158.38, for a total value of $1,861,756.90. Following the sale, the executive vice president now directly owns 11,755 shares in the company, valued at $1,861,756.90. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 54,363 shares of company stock worth $8,615,125. 0.24% of the stock is owned by corporate insiders.

About McDonald’s Corporation

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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