Dorsey & Whitney Trust CO LLC Purchases 851 Shares of McDonald's Co. (MCD)

Dorsey & Whitney Trust CO LLC lifted its position in shares of McDonald's Co. (NYSE:MCD) by 8.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,043 shares of the fast-food giant’s stock after acquiring an additional 851 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in McDonald's were worth $1,899,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of MCD. Vanguard Group Inc. boosted 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. boosted its position in McDonald's by 0.9% during the fourth quarter. BlackRock Inc. now owns 55,535,177 shares of the fast-food giant’s stock valued at $9,558,713,000 after purchasing an additional 481,739 shares in the last quarter. Capital World Investors boosted 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 boosted 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 boosted 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. 68.49% of the stock is currently owned by institutional investors and hedge funds.

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A number of equities research analysts recently weighed in on the company. JPMorgan Chase reaffirmed a “buy” rating and set a $182.00 price objective on shares of McDonald's in a research report on Monday, March 12th. Piper Jaffray set a $185.00 price objective on McDonald's and gave the company a “buy” rating in a research report on Tuesday, April 10th. Barclays dropped their price objective 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. Credit Suisse Group reaffirmed an “outperform” rating and set a $191.00 price objective (up previously from $185.00) on shares of McDonald's in a research report on Tuesday, January 23rd. Finally, Stifel Nicolaus dropped their price objective on McDonald's from $172.00 to $165.00 and set a “hold” rating on the stock in a research report on Wednesday, April 18th. Nine research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. McDonald's has an average rating of “Buy” and a consensus target price of $183.16.

In other news, insider Douglas M. Goare sold 34,575 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $173.53, for a total value of $5,999,799.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Catherine A. Hoovel sold 1,398 shares of the firm’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 in the company, valued at $238,414.92. The disclosure for this sale can be found here. Company insiders own 0.24% of the company’s stock.

Shares of NYSE:MCD opened at $158.77 on Monday. McDonald's Co. has a 52-week low of $133.15 and a 52-week high of $178.70. The stock has a market capitalization of $126,142.45, a PE ratio of 23.84, a PEG ratio of 2.40 and a beta of 0.64. The company has a debt-to-equity ratio of -9.04, a current ratio of 1.84 and a quick ratio of 1.82.

McDonald's (NYSE:MCD) last announced its quarterly earnings data on Tuesday, January 30th. The fast-food giant reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.12. McDonald's had a negative return on equity of 201.76% and a net margin of 22.75%. The firm had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.22 billion. During the same period last year, the business posted $1.44 earnings per share. The company’s revenue for the quarter was down 11.4% compared to the same quarter last year. equities analysts predict that McDonald's Co. will post 7.57 earnings per share for the current fiscal year.

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McDonald's Company 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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