Regentatlantic Capital LLC Has $867,000 Position in McDonald’s Corporation (NYSE:MCD)

Regentatlantic Capital LLC lessened its stake in shares of McDonald’s Corporation (NYSE:MCD) by 2.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,664 shares of the fast-food giant’s stock after selling 149 shares during the quarter. Regentatlantic Capital LLC’s holdings in McDonald’s Corporation were worth $867,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MCD. First Command Financial Services Inc. boosted its position in shares of McDonald’s Corporation by 1.8% during the 1st quarter. First Command Financial Services Inc. now owns 2,423 shares of the fast-food giant’s stock valued at $314,000 after acquiring an additional 44 shares during the last quarter. North American Management Corp boosted its position in shares of McDonald’s Corporation by 0.9% during the 1st quarter. North American Management Corp now owns 47,540 shares of the fast-food giant’s stock valued at $6,162,000 after acquiring an additional 420 shares during the last quarter. Hays Advisory LLC boosted its position in shares of McDonald’s Corporation by 11.8% during the 1st quarter. Hays Advisory LLC now owns 1,882 shares of the fast-food giant’s stock valued at $244,000 after acquiring an additional 199 shares during the last quarter. Parametrica Management Ltd bought a new stake in shares of McDonald’s Corporation during the 1st quarter valued at about $269,000. Finally, Winslow Evans & Crocker Inc. boosted its position in shares of McDonald’s Corporation by 6.0% during the 1st quarter. Winslow Evans & Crocker Inc. now owns 1,754 shares of the fast-food giant’s stock valued at $227,000 after acquiring an additional 100 shares during the last quarter. 67.96% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on MCD. Sanford C. Bernstein reiterated an “outperform” rating and set a $170.00 price target (up previously from $160.00) on shares of McDonald’s Corporation in a research report on Thursday, May 25th. Jefferies Group LLC reiterated a “hold” rating and set a $140.00 price target on shares of McDonald’s Corporation in a research report on Wednesday, July 19th. Longbow Research reiterated a “neutral” rating on shares of McDonald’s Corporation in a research report on Saturday, July 22nd. Bank of America Corporation reiterated a “buy” rating and set a $175.00 price target on shares of McDonald’s Corporation in a research report on Monday, August 14th. Finally, Barclays PLC set a $164.00 target price on McDonald’s Corporation and gave the stock a “buy” rating in a research report on Wednesday, July 19th. Twelve analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company. McDonald’s Corporation presently has a consensus rating of “Buy” and an average price target of $162.26.

Shares of McDonald’s Corporation (NYSE MCD) traded up 0.13% during midday trading on Friday, reaching $157.21. The company had a trading volume of 3,102,051 shares. The stock has a market capitalization of $127.34 billion, a price-to-earnings ratio of 25.73 and a beta of 0.70. The firm’s 50 day moving average price is $157.61 and its 200-day moving average price is $146.17. McDonald’s Corporation has a 1-year low of $110.33 and a 1-year high of $161.72.

McDonald’s Corporation (NYSE:MCD) last released its quarterly earnings data on Tuesday, July 25th. The fast-food giant reported $1.70 EPS for the quarter, topping the consensus estimate of $1.62 by $0.08. The company had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.96 billion. McDonald’s Corporation had a negative return on equity of 264.89% and a net margin of 21.00%. McDonald’s Corporation’s quarterly revenue was down 3.4% on a year-over-year basis. During the same period last year, the business posted $1.45 EPS. Equities research analysts expect that McDonald’s Corporation will post $6.55 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, September 1st will be issued a dividend of $0.94 per share. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $3.76 annualized dividend and a yield of 2.40%. McDonald’s Corporation’s payout ratio is currently 61.54%.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by BBNS and is owned by of BBNS. If you are viewing this piece on another website, it was stolen and republished in violation of United States and international trademark and copyright law. The legal version of this piece can be accessed at https://baseballnewssource.com/markets/regentatlantic-capital-llc-sells-149-shares-of-mcdonalds-corporation-mcd/1605174.html.

In other news, insider Joseph M. Erlinger sold 10,793 shares of McDonald’s Corporation stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $154.44, for a total value of $1,666,870.92. Following the transaction, the insider now directly owns 7,318 shares in the company, valued at approximately $1,130,191.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Douglas M. Goare sold 17,286 shares of McDonald’s Corporation stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $158.50, for a total value of $2,739,831.00. The disclosure for this sale can be found here. Insiders have sold a total of 69,938 shares of company stock worth $11,033,009 over the last 90 days. 0.24% of the stock is currently owned by company insiders.

About McDonald’s Corporation

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.

Institutional Ownership by Quarter for McDonald`s Corporation (NYSE:MCD)

Receive News & Ratings for McDonald's Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McDonald's Corporation and related companies with our FREE daily email newsletter.

 


Latest News

New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw
Dodgers End Losing Streak at 11 Behind Ace Clayton Kershaw


Leave a Reply

 
© 2006-2017 BBNS.