Rothschild Investment Corp IL Has $5.24 Million Stake in Mcdonald’s Corp (NYSE:MCD)

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Rothschild Investment Corp IL lifted its position in shares of Mcdonald’s Corp (NYSE:MCD) by 0.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,415 shares of the fast-food giant’s stock after acquiring an additional 70 shares during the quarter. Rothschild Investment Corp IL’s holdings in Mcdonald’s were worth $5,242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MCD. Nuveen Asset Management LLC boosted its holdings in shares of Mcdonald’s by 2,674.7% during the 2nd quarter. Nuveen Asset Management LLC now owns 5,707,504 shares of the fast-food giant’s stock valued at $1,185,221,000 after acquiring an additional 5,501,809 shares in the last quarter. Thoroughbred Financial Services LLC boosted its holdings in shares of Mcdonald’s by 21,724.4% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 3,151,660 shares of the fast-food giant’s stock valued at $315,166,000 after acquiring an additional 3,137,219 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Mcdonald’s by 11.0% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 16,562,216 shares of the fast-food giant’s stock valued at $3,439,309,000 after acquiring an additional 1,640,747 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Mcdonald’s by 1,010.2% during the 1st quarter. Marshall Wace LLP now owns 1,451,960 shares of the fast-food giant’s stock valued at $275,727,000 after acquiring an additional 1,321,172 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Mcdonald’s by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 66,926,245 shares of the fast-food giant’s stock valued at $13,897,903,000 after acquiring an additional 857,084 shares in the last quarter. 67.60% of the stock is currently owned by institutional investors.

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

Shares of MCD stock traded down $2.74 during mid-day trading on Friday, hitting $209.02. The company’s stock had a trading volume of 420,926 shares, compared to its average volume of 3,313,624. The company’s fifty day simple moving average is $213.77 and its 200-day simple moving average is $205.88. Mcdonald’s Corp has a 52 week low of $161.82 and a 52 week high of $221.93. The company has a market cap of $160.33 billion, a PE ratio of 26.46, a P/E/G ratio of 3.14 and a beta of 0.49.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be given a $1.25 dividend. The ex-dividend date is Friday, November 29th. This is a positive change from Mcdonald’s’s previous quarterly dividend of $1.16. This represents a $5.00 annualized dividend and a dividend yield of 2.39%. Mcdonald’s’s dividend payout ratio (DPR) is 58.73%.

Several equities research analysts recently weighed in on MCD shares. KeyCorp raised their price objective on Mcdonald’s from $215.00 to $235.00 and gave the company an “overweight” rating in a report on Monday, July 29th. BMO Capital Markets raised their price objective on Mcdonald’s to $230.00 and gave the company an “outperform” rating in a report on Monday, July 29th. DZ Bank reissued a “hold” rating and set a $220.00 price objective (down previously from $222.00) on shares of Mcdonald’s in a report on Tuesday, July 30th. Stifel Nicolaus raised their price objective on Mcdonald’s from $200.00 to $210.00 and gave the company a “hold” rating in a report on Monday, July 29th. Finally, Robert W. Baird raised their price objective on Mcdonald’s from $225.00 to $230.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Nine equities research analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $221.90.

Mcdonald’s 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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