McDonald's Corporation (NYSE:MCD) Receives Average Recommendation of "Hold" from Analysts

Shares of McDonald's Corporation (NYSE:MCD - Get Free Report) have been assigned a consensus rating of "Hold" from the twenty-nine brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, fifteen have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $321.79.

Several equities analysts have commented on MCD shares. KeyCorp upped their price objective on shares of McDonald's from $335.00 to $340.00 and gave the company an "overweight" rating in a report on Thursday, March 27th. Erste Group Bank downgraded shares of McDonald's from a "strong-buy" rating to a "hold" rating in a report on Saturday, May 24th. Robert W. Baird increased their price target on shares of McDonald's from $300.00 to $315.00 and gave the company a "neutral" rating in a report on Friday, May 2nd. Morgan Stanley restated an "equal weight" rating and set a $324.00 price objective (down from $329.00) on shares of McDonald's in a research report on Monday, June 9th. Finally, Northcoast Research cut McDonald's from a "buy" rating to a "neutral" rating in a report on Tuesday, May 6th.

Insider Transactions at McDonald's

In other news, insider Joseph M. Erlinger sold 939 shares of McDonald's stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $315.07, for a total value of $295,850.73. Following the transaction, the insider now owns 11,161 shares in the company, valued at approximately $3,516,496.27. This trade represents a 7.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 2,817 shares of company stock valued at $865,843. Company insiders own 0.25% of the company's stock.

Institutional Trading of McDonald's

Several large investors have recently bought and sold shares of the business. Brighton Jones LLC boosted its position in McDonald's by 21.6% in the fourth quarter. Brighton Jones LLC now owns 9,286 shares of the fast-food giant's stock valued at $2,692,000 after buying an additional 1,649 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of McDonald's by 2.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,942 shares of the fast-food giant's stock valued at $563,000 after acquiring an additional 52 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its holdings in shares of McDonald's by 15.3% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 209,464 shares of the fast-food giant's stock valued at $60,722,000 after acquiring an additional 27,774 shares in the last quarter. GHE LLC boosted its holdings in shares of McDonald's by 0.9% during the 4th quarter. GHE LLC now owns 14,677 shares of the fast-food giant's stock valued at $4,255,000 after acquiring an additional 136 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co grew its position in McDonald's by 4.3% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 20,282 shares of the fast-food giant's stock worth $5,880,000 after acquiring an additional 830 shares during the last quarter. 70.29% of the stock is owned by institutional investors and hedge funds.

McDonald's Stock Up 0.7%

MCD opened at $291.50 on Wednesday. McDonald's has a 12-month low of $243.53 and a 12-month high of $326.32. The business has a 50 day moving average of $309.60 and a 200-day moving average of $302.72. The stock has a market cap of $208.43 billion, a price-to-earnings ratio of 25.73, a PEG ratio of 3.02 and a beta of 0.56.

McDonald's (NYSE:MCD - Get Free Report) last posted its earnings results on Thursday, May 1st. The fast-food giant reported $2.67 earnings per share for the quarter, hitting analysts' consensus estimates of $2.67. McDonald's had a negative return on equity of 195.27% and a net margin of 31.75%. The business had revenue of $5.96 billion for the quarter, compared to analyst estimates of $6.17 billion. During the same period in the previous year, the firm earned $2.70 EPS. The firm's revenue was down 3.5% compared to the same quarter last year. As a group, analysts expect that McDonald's will post 12.25 earnings per share for the current year.

McDonald's Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, June 2nd were given a $1.77 dividend. This represents a $7.08 annualized dividend and a dividend yield of 2.43%. The ex-dividend date was Monday, June 2nd. McDonald's's payout ratio is presently 62.49%.

McDonald's Company Profile

McDonald's Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.

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