Traders Buy Shares of McDonald's (MCD) on Weakness

Traders bought shares of McDonald's Co. (NYSE:MCD) on weakness during trading on Thursday. $166.71 million flowed into the stock on the tick-up and $74.49 million flowed out of the stock on the tick-down, for a money net flow of $92.22 million into the stock. Of all stocks tracked, McDonald's had the 2nd highest net in-flow for the day. McDonald's traded down ($0.12) for the day and closed at $173.39

A number of equities research analysts recently weighed in on the company. Cowen reissued a “buy” rating and set a $200.00 target price on shares of McDonald's in a research report on Friday, January 5th. Goldman Sachs Group set a $190.00 target price on McDonald's and gave the stock a “buy” rating in a research report on Friday, January 5th. SunTrust Banks set a $187.00 target price on McDonald's and gave the stock a “buy” rating in a research report on Wednesday, January 3rd. Stifel Nicolaus set a $172.00 target price on McDonald's and gave the stock a “neutral” rating in a research report on Wednesday, January 3rd. Finally, Robert W. Baird set a $190.00 target price on McDonald's and gave the stock a “buy” rating in a research report on Tuesday, January 2nd. Nine investment analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $178.52.

The company has a debt-to-equity ratio of -8.17, a quick ratio of 1.27 and a current ratio of 1.28. The company has a market capitalization of $140,450.00, a P/E ratio of 25.02, a PEG ratio of 2.61 and a beta of 0.67.

McDonald's (NYSE:MCD) last posted its earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.01. McDonald's had a net margin of 24.19% and a negative return on equity of 216.45%. The company had revenue of $5.75 billion during the quarter, compared to analysts’ expectations of $5.75 billion. During the same quarter in the previous year, the company posted $1.62 earnings per share. McDonald's’s quarterly revenue was down 10.4% compared to the same quarter last year. research analysts anticipate that McDonald's Co. will post 6.53 earnings per share for the current year.

In other news, VP James R. Sappington sold 8,046 shares of McDonald's stock in a transaction that occurred on Wednesday, October 25th. The shares were sold at an average price of $165.00, for a total value of $1,327,590.00. Following the completion of the transaction, the vice president now owns 15,739 shares in the company, valued at $2,596,935. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Stephen Easterbrook sold 171,577 shares of McDonald's stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the completion of the transaction, the insider now owns 49,778 shares of the company’s stock, valued at approximately $8,378,632.96. The disclosure for this sale can be found here. Insiders own 0.24% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Vantage Financial Partners Ltd. Inc. bought a new position in McDonald's in the 2nd quarter worth approximately $322,000. Horan Capital Advisors LLC. bought a new position in McDonald's in the 3rd quarter worth approximately $104,000. Phocas Financial Corp. bought a new position in McDonald's in the 2nd quarter worth approximately $107,000. Proficio Capital Partners LLC raised its position in McDonald's by 0.7% in the 2nd quarter. Proficio Capital Partners LLC now owns 745 shares of the fast-food giant’s stock worth $117,000 after purchasing an additional 5 shares during the last quarter. Finally, Mitsubishi UFJ Securities Holdings Co. Ltd. raised its position in McDonald's by 219.2% in the 3rd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 830 shares of the fast-food giant’s stock worth $130,000 after purchasing an additional 570 shares during the last quarter. Institutional investors own 67.28% of the company’s stock.

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About McDonald's

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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