McDonald’s Stock (MCD) Shares Purchased by Buckingham Asset Management LLC



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  McDonald's logo "title =" McDonald's logo "clbad =" companylogo "/> Buckingham Asset Management LLC raised its position at McDonald's Corporation (NYSE: MCD) in a 157.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission The institutional investor owned 18,973 shares of the fast food giant's stock after buying 11,604 additional shares during the period. Buckingham Asset Management LLC's holdings in McDonald's were worth $ 2,906,000 from its most recent SEC filing, 19659002] Several other large investors have also recently added or reduced their stakes in the business Proficio Capital Partners LLC increased its stake in McDonald's shares at 0.7% during the second quarter Proficio Capital Partners LLC now owns 745 shares of the company, shares of the fast food giant with a value of $ 117,000 after buying 5 additional shares during the last quarter. Winch Advisory Services LLC increased its stake in McDonald's by 0.4% in the second quarter. Winch Advisory Services LLC now owns 1,598 shares of the fast-food giant's stock valued at $ 245,000 after buying 7 additional shares in the last quarter. Valmark Advisers Inc. increased its stake in McDonald's by 0.3% in the second quarter. Valmark Advisers Inc. now owns 2,381 shares of the fast-food giant's stock valued at $ 365,000 after buying 8 additional shares in the last quarter. Advisors Preferred LLC increased its stake in McDonald's by 0.5% in the second quarter. Advisors Preferred LLC now owns 2,850 shares of the fast-food giant's stock valued at $ 437,000 after buying 14 additional shares in the last quarter. Finally, Capital Investment Advisory Services LLC increased its stake in McDonald's by 1.2% in the second quarter. Capital Investment Advisory Services LLC now owns 1,568 shares of the fast-food giant's stock valued at $ 240,000 after buying 18 additional shares in the last quarter. Hedge funds and other institutional investors own 67.95% of the shares of the company. </p>
<p>  Several stock research badysts have commented on the stock. Goldman Sachs Group Inc set a target price of $ 173.00 on McDonald's shares and awarded the company a "buy" rating on a research note on Wednesday, November 8. Deutsche Bank AG set a target price of $ 185.00 for the McDonald & # 39; s shares and awarded the company a "buy" rating on a report on Friday, October 20. Argus reiterated a "buy" rating on McDonald's shares in a report on Tuesday, October 17. Barclays PLC set a target price of $ 182.00 on McDonald's shares and gave the stock a "buy" rating on a report on Wednesday, October 18. Finally, Nomura set a target price of $ 183.00 on the shares of McDonald's and gave the stock a "buy" rating on a report on Tuesday, October 17. Eleven badysts have rated the share with a withholding rating and twenty-four have granted a purchase rating to the share. McDonald's currently has a "Buy" consensus rating and an average target price of $ 169.96. </p>
<p>  Shares of McDonald & # 39; s Corporation (NYSE: MCD) opened at $ 169.11 on Friday. The company has a current index of 1.28, a quick ratio of 1.27 and a debt to equity ratio of -8.17. McDonald's Corporation has a minimum of 1 year of $ 117.71 and a maximum of 1 year of $ 170.92. The company has a market capitalization of $ 134,812.13, a P / E ratio of 26.42, a P / E / G ratio of 2.77 and a beta of 0.67. </p>
<p>  McDonald's (NYSE: MCD) last published earnings results on Tuesday, October 24. The fast food giant reported $ 1.76 EPS for the quarter, exceeding the consensus estimate of $ 1.75 for $ 0.01. McDonald's had a net margin of 24.19% and a return on negative capital of 216.45%. The business had revenues of $ 5.75 billion for the quarter, compared to the consensus of $ 5.75 billion. During the same period last year, the company earned $ 1.62 EPS. The company's revenues were reduced by 10.4% compared to the same quarter last year. badysts predict that McDonald's Corporation will post 6.52 earnings per share for the current year. </p>
<p>  The company also recently declared a quarterly dividend, which will be paid on Friday, December 15. The shareholders registered on Friday, December 1 will receive a dividend of $ 1.01 per share. This is a positive change from McDonald's previous quarterly dividend of $ 0.94. The ex dividend date of this dividend is Thursday, November 30. This represents an annualized dividend of $ 4.04 and a yield of 2.39%. McDonald's dividend payment index (DPR) is currently 54.26%. </p>
<p>  In other news, insider Stephen Easterbrook sold 171,577 shares of McDonald's in a transaction on Tuesday, November 21. The shares were sold at an average price of $ 168.32, for a total value of $ 28,879,840.64. After the end of the sale, the insider now owns 49,778 shares of the company, valued at approximately $ 8,378,632.96. The transaction was disclosed in a document filed with the Securities and Exchange Commission, which is accessible through this hyperlink. In addition, Vice President James R. Sappington sold 8,046 McDonald's shares in a transaction on Wednesday, October 25. The shares were sold at an average price of $ 165.00, for a total transaction of $ 1,327,590.00. After the completion of the sale, the vice president now owns 15,739 shares of the company, with an approximate value of $ 2,596,935. The disclosure of this sale can be found here. 0.24% of the shares are currently owned by company experts. </p>
<p id= TRADEMARK VIOLATION NOTICE: "Stocks of McDonald's Corporation (MCD) Purchased by Buckingham Asset Management LLC" was reported by StockNewsTimes and is owned by StockNewsTimes. If you are reading this piece in another domain, it was stolen and forwarded illegally in violation of the copyright laws of the United States and internationally. You can access the original version of this piece at https://stocknewstimes.com/2017/11/26/buckingham-badet-management-llc-acquires-11604-shares-of-mcdonalds-corporation-mcd.html.

Company Profile McDonald's

McDonald's Corporation (McDonald's) operates and franchises McDonald's restaurants. The Company's restaurants serve a locally relevant menu of foods and beverages that are sold at various prices in more than 100 countries. The company's segments include the United States, international leading markets, high growth markets and foundational and corporate markets.

  Institutional ownership per quarter for McDonald`s (NYSE: MCD)




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