Mcdonald’s Corp (NYSE:MCD) Shares Sold by Vaughan David Investments LLC IL

Vaughan David Investments LLC IL cut its holdings in shares of Mcdonald’s Corp (NYSE:MCD) by 4.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,712 shares of the fast-food giant’s stock after selling 280 shares during the quarter. Vaughan David Investments LLC IL’s holdings in Mcdonald’s were worth $1,192,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MCD. Oregon Public Employees Retirement Fund lifted its holdings in Mcdonald’s by 16,975.1% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 14,998,095 shares of the fast-food giant’s stock valued at $84,000 after purchasing an additional 14,910,259 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Mcdonald’s by 6,582,167.8% during the third quarter. Bank of New York Mellon Corp now owns 7,964,544 shares of the fast-food giant’s stock valued at $1,332,390,000 after purchasing an additional 7,964,423 shares during the last quarter. Neuberger Berman Group LLC lifted its holdings in Mcdonald’s by 55.1% during the third quarter. Neuberger Berman Group LLC now owns 2,581,306 shares of the fast-food giant’s stock valued at $431,827,000 after purchasing an additional 917,442 shares during the last quarter. Ackerman Capital Advisors LLC lifted its holdings in Mcdonald’s by 10,626.8% during the fourth quarter. Ackerman Capital Advisors LLC now owns 536,339 shares of the fast-food giant’s stock valued at $3,644,000 after purchasing an additional 531,339 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in Mcdonald’s by 81.3% during the third quarter. Marshall Wace LLP now owns 920,498 shares of the fast-food giant’s stock valued at $153,990,000 after purchasing an additional 412,779 shares during the last quarter. 68.80% of the stock is currently owned by institutional investors and hedge funds.

MCD has been the topic of several analyst reports. Zacks Investment Research upgraded Mcdonald’s from a “sell” rating to a “hold” rating in a research report on Monday. Robert W. Baird upped their price target on Mcdonald’s from $196.00 to $205.00 in a research report on Monday, April 1st. Telsey Advisory Group reiterated an “outperform” rating and set a $210.00 price target (up from $195.00) on shares of Mcdonald’s in a research report on Friday, April 5th. Wells Fargo & Co upped their price target on Mcdonald’s from $202.00 to $203.00 and gave the company an “outperform” rating in a research report on Friday, January 11th. Finally, Stephens upgraded Mcdonald’s from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $180.00 to $200.00 in a research report on Tuesday, February 19th. Six analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $195.50.

Shares of MCD stock traded up $0.25 during trading on Monday, hitting $191.85. The company had a trading volume of 1,855,417 shares, compared to its average volume of 3,426,036. The stock has a market cap of $146.63 billion, a price-to-earnings ratio of 24.28, a price-to-earnings-growth ratio of 2.65 and a beta of 0.53. Mcdonald’s Corp has a 52 week low of $153.13 and a 52 week high of $192.35.

Mcdonald’s (NYSE:MCD) last posted its quarterly earnings data on Wednesday, January 30th. The fast-food giant reported $1.97 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.90 by $0.07. The company had revenue of $5.16 billion for the quarter, compared to analysts’ expectations of $5.16 billion. Mcdonald’s had a net margin of 28.18% and a negative return on equity of 104.38%. Mcdonald’s’s revenue for the quarter was down 3.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.71 earnings per share. Equities analysts anticipate that Mcdonald’s Corp will post 8.12 earnings per share for the current fiscal year.

In other Mcdonald’s news, Chairman Andrew J. Mckenna sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, January 31st. The stock was sold at an average price of $180.27, for a total value of $5,408,100.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Robert Lane Gibbs sold 22,036 shares of the company’s stock in a transaction that occurred on Thursday, January 31st. The stock was sold at an average price of $180.95, for a total value of $3,987,414.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 129,775 shares of company stock valued at $23,249,437. 0.22% of the stock is owned by insiders.

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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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