McDonald’s Corporation (MCD) Position Maintained by Krilogy Financial LLC

Krilogy Financial LLC continued to hold its position in McDonald’s Corporation (NYSE:MCD) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,270 shares of the fast-food giant’s stock at the close of the 1st quarter. Krilogy Financial LLC’s holdings in McDonald’s Corporation were worth $276,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Vigilant Capital Management LLC lifted its position in shares of McDonald’s Corporation by 9.4% in the first quarter. Vigilant Capital Management LLC now owns 977 shares of the fast-food giant’s stock worth $127,000 after buying an additional 84 shares in the last quarter. Signature Estate & Investment Advisors LLC purchased a new stake in shares of McDonald’s Corporation in the first quarter worth about $146,000. Hudock Capital Group LLC lifted its position in shares of McDonald’s Corporation by 5.9% in the first quarter. Hudock Capital Group LLC now owns 1,493 shares of the fast-food giant’s stock worth $193,000 after buying an additional 83 shares in the last quarter. Capital Investment Advisory Services LLC purchased a new stake in shares of McDonald’s Corporation in the first quarter worth about $201,000. Finally, Greenwich Wealth Management LLC purchased a new stake in shares of McDonald’s Corporation in the first quarter worth about $210,000. Institutional investors own 67.96% of the company’s stock.

In other McDonald’s Corporation news, CFO Kevin M. Ozan sold 25,322 shares of the company’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $158.50, for a total value of $4,013,537.00. Following the completion of the transaction, the chief financial officer now owns 24,039 shares in the company, valued at $3,810,181.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Douglas M. Goare sold 17,286 shares of the company’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $158.50, for a total transaction of $2,739,831.00. The disclosure for this sale can be found here. Insiders sold 69,938 shares of company stock valued at $11,033,009 in the last 90 days. 0.24% of the stock is currently owned by insiders.

A number of equities research analysts recently commented on the company. Robert W. Baird reiterated a “buy” rating and issued a $170.00 target price on shares of McDonald’s Corporation in a research report on Friday, September 1st. Royal Bank Of Canada reiterated a “buy” rating and issued a $175.00 target price on shares of McDonald’s Corporation in a research report on Friday. Credit Suisse Group reiterated an “outperform” rating and issued a $170.00 target price (up from $165.00) on shares of McDonald’s Corporation in a research report on Wednesday, July 26th. Stephens restated an “overweight” rating and set a $155.00 price objective on shares of McDonald’s Corporation in a research report on Wednesday, July 26th. Finally, Morgan Stanley restated an “equal weight” rating and set a $162.00 price objective (up from $150.00) on shares of McDonald’s Corporation in a research report on Wednesday, July 26th. Twelve analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $162.16.

COPYRIGHT VIOLATION WARNING: This story was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The correct version of this story can be viewed at https://sportsperspectives.com/2017/09/12/mcdonalds-corporation-mcd-position-maintained-by-krilogy-financial-llc.html.

McDonald’s Corporation (MCD) traded down 3.42% during mid-day trading on Tuesday, hitting $156.00. The stock had a trading volume of 6,008,929 shares. McDonald’s Corporation has a 52-week low of $110.33 and a 52-week high of $160.72. The stock has a market cap of $126.36 billion, a P/E ratio of 25.54 and a beta of 0.70. The firm has a 50-day moving average of $157.41 and a 200-day moving average of $145.70.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 18th. Shareholders of record on Friday, September 1st will be paid a $0.94 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $3.76 annualized dividend and a yield of 2.33%. McDonald’s Corporation’s dividend payout ratio is presently 61.54%.

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 MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply