Mcdonald’s Corp (NYSE:MCD) Shares Sold by Winch Advisory Services LLC

Winch Advisory Services LLC decreased its stake in shares of Mcdonald’s Corp (NYSE:MCD) by 9.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,533 shares of the fast-food giant’s stock after selling 163 shares during the period. Winch Advisory Services LLC’s holdings in Mcdonald’s were worth $318,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. First Command Financial Services Inc. boosted its holdings in shares of Mcdonald’s by 2.7% in the second quarter. First Command Financial Services Inc. now owns 1,857 shares of the fast-food giant’s stock worth $386,000 after buying an additional 48 shares during the period. Graves Light Private Wealth Management Inc. boosted its holdings in shares of Mcdonald’s by 1.5% in the second quarter. Graves Light Private Wealth Management Inc. now owns 3,428 shares of the fast-food giant’s stock worth $712,000 after buying an additional 49 shares during the period. Gilman Hill Asset Management LLC boosted its holdings in shares of Mcdonald’s by 2.2% in the second quarter. Gilman Hill Asset Management LLC now owns 2,344 shares of the fast-food giant’s stock worth $487,000 after buying an additional 50 shares during the period. Duncker Streett & Co. Inc. boosted its holdings in shares of Mcdonald’s by 1.9% in the second quarter. Duncker Streett & Co. Inc. now owns 2,698 shares of the fast-food giant’s stock worth $560,000 after buying an additional 50 shares during the period. Finally, Legacy Private Trust Co. boosted its holdings in shares of Mcdonald’s by 1.1% in the second quarter. Legacy Private Trust Co. now owns 4,678 shares of the fast-food giant’s stock worth $971,000 after buying an additional 52 shares during the period. 68.25% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Silvia Lagnado sold 26,649 shares of Mcdonald’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $212.58, for a total value of $5,665,044.42. Following the transaction, the executive vice president now owns 40,129 shares of the company’s stock, valued at $8,530,622.82. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Catherine A. Hoovel sold 457 shares of Mcdonald’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $218.15, for a total transaction of $99,694.55. Following the completion of the transaction, the vice president now directly owns 1,348 shares in the company, valued at approximately $294,066.20. The disclosure for this sale can be found here. 0.25% of the stock is owned by insiders.



Several research firms recently commented on MCD. Mizuho raised their price target on shares of Mcdonald’s from $215.00 to $230.00 and gave the stock a “buy” rating in a report on Monday, July 29th. UBS Group raised their price target on shares of Mcdonald’s from $203.00 to $218.00 and gave the stock a “neutral” rating in a report on Monday, July 29th. Telsey Advisory Group restated an “outperform” rating and set a $230.00 price target (up from $210.00) on shares of Mcdonald’s in a report on Monday, July 15th. SunTrust Banks set a $240.00 price target on shares of Mcdonald’s and gave the stock a “buy” rating in a report on Tuesday, August 20th. Finally, Evercore ISI began coverage on shares of Mcdonald’s in a report on Tuesday, June 11th. They set an “outperform” rating and a $225.00 price target for the company. Eight research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the company’s stock. Mcdonald’s presently has a consensus rating of “Buy” and an average target price of $220.55.

NYSE MCD traded down $4.83 during trading on Friday, reaching $214.66. The company’s stock had a trading volume of 2,868,462 shares, compared to its average volume of 3,210,207. The stock has a market capitalization of $166.69 billion, a PE ratio of 27.17, a PEG ratio of 3.26 and a beta of 0.49. The business has a 50-day moving average price of $215.17 and a 200-day moving average price of $198.22. Mcdonald’s Corp has a 1-year low of $156.56 and a 1-year high of $221.93.

Mcdonald’s (NYSE:MCD) last posted its earnings results on Friday, July 26th. The fast-food giant reported $2.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.06 by ($0.01). The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.34 billion. Mcdonald’s had a net margin of 28.32% and a negative return on equity of 92.02%. Mcdonald’s’s revenue was down .2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.99 earnings per share. On average, sell-side analysts expect that Mcdonald’s Corp will post 8.01 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 3rd will be paid a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date is Friday, August 30th. Mcdonald’s’s dividend payout ratio (DPR) is presently 58.73%.

Mcdonald’s Company 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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