OxFORD Asset Management LLP lifted its position in McDonald's Co. (NYSE:MCD) by 49.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,702 shares of the fast-food giant’s stock after buying an additional 12,452 shares during the period. OxFORD Asset Management LLP’s holdings in McDonald's were worth $5,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in 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 valued at $8,776,174,000 after purchasing an additional 906,303 shares in the last quarter. BlackRock Inc. lifted its position in McDonald's by 3.0% during the second quarter. BlackRock Inc. now owns 54,606,388 shares of the fast-food giant’s stock valued at $8,363,515,000 after purchasing an additional 1,586,761 shares in the last quarter. Capital World Investors lifted its position in 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 valued at $3,413,646,000 after purchasing an additional 606,232 shares in the last quarter. Capital Research Global Investors lifted its position in 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 valued at $1,846,905,000 after purchasing an additional 1,572,074 shares in the last quarter. Finally, Northern Trust Corp lifted its position in 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 valued at $1,812,747,000 after purchasing an additional 360,212 shares in the last quarter. Hedge funds and other institutional investors own 67.53% of the company’s stock.

In other news, VP Catherine A. Hoovel sold 1,398 shares of McDonald's stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $170.54, for a total value of $238,414.92. Following the sale, the vice president now directly owns 1,398 shares of the company’s stock, valued at $238,414.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Stephen Easterbrook sold 171,577 shares of McDonald's stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $168.32, for a total value of $28,879,840.64. Following the completion of the sale, the insider now directly owns 49,778 shares in the company, valued at $8,378,632.96. The disclosure for this sale can be found here. Insiders sold 207,550 shares of company stock worth $35,118,055 over the last ninety days. Insiders own 0.24% of the company’s stock.

McDonald's Co. (MCD) opened at $165.18 on Wednesday. McDonald's Co. has a 52-week low of $124.36 and a 52-week high of $178.70. The company has a market capitalization of $130,618.87, a PE ratio of 24.57, a PEG ratio of 2.41 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 the Thomson Reuters’ consensus estimate of $1.59 by $0.12. McDonald's had a negative return on equity of 217.17% and a net margin of 22.75%. The business had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.22 billion. During the same period in the previous year, the business earned $1.44 earnings per share. The business’s revenue was down 11.4% on a year-over-year basis. sell-side analysts predict that McDonald's Co. will post 7.54 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be issued a $1.01 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $4.04 annualized dividend and a dividend yield of 2.45%. McDonald's’s dividend payout ratio (DPR) is 63.52%.

Several equities analysts recently weighed in on the company. ValuEngine downgraded McDonald's from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Goldman Sachs Group set a $180.00 target price on McDonald's and gave the company a “buy” rating in a research report on Tuesday, December 12th. Royal Bank of Canada lifted their target price on McDonald's from $175.00 to $180.00 and gave the company an “outperform” rating in a research report on Friday, October 13th. BMO Capital Markets set a $175.00 target price on McDonald's and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, Barclays lowered their target price on McDonald's from $205.00 to $200.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 31st. Nine analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $184.95.

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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.

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

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