The McDonald’s Corp. (MCD) Shares Sold by Ausdal Financial Partners Inc.

The McDonald’s Corp. (MCD) Shares Sold by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. decreased its stake in shares of McDonald’s Corp. (NYSE:MCD) by 1.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,297 shares of the fast-food giant’s stock after selling 133 shares during the period. Ausdal Financial Partners Inc.’s holdings in McDonald’s Corp. were worth $842,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MCD. Nelson Roberts Investment Advisors LLC increased its position in shares of McDonald’s Corp. by 0.3% in the second quarter. Nelson Roberts Investment Advisors LLC now owns 2,647 shares of the fast-food giant’s stock valued at $319,000 after buying an additional 7 shares in the last quarter. Day & Ennis LLC increased its position in shares of McDonald’s Corp. by 0.3% in the second quarter. Day & Ennis LLC now owns 2,560 shares of the fast-food giant’s stock valued at $308,000 after buying an additional 7 shares in the last quarter. Dynamic Advisors Solutions LLC increased its position in shares of McDonald’s Corp. by 0.4% in the third quarter. Dynamic Advisors Solutions LLC now owns 2,161 shares of the fast-food giant’s stock valued at $249,000 after buying an additional 8 shares in the last quarter. Capital Advisors Inc. OK increased its position in shares of McDonald’s Corp. by 0.3% in the second quarter. Capital Advisors Inc. OK now owns 5,868 shares of the fast-food giant’s stock valued at $706,000 after buying an additional 15 shares in the last quarter. Finally, Hanson McClain Inc. increased its position in shares of McDonald’s Corp. by 0.6% in the second quarter. Hanson McClain Inc. now owns 2,910 shares of the fast-food giant’s stock valued at $350,000 after buying an additional 18 shares in the last quarter. Institutional investors and hedge funds own 66.28% of the company’s stock.

McDonald’s Corp. (NYSE:MCD) traded down 0.43% on Thursday, reaching $122.18. 3,155,158 shares of the company traded hands. The stock has a market capitalization of $101.46 billion, a price-to-earnings ratio of 22.95 and a beta of 0.67. The stock’s 50-day moving average is $121.39 and its 200-day moving average is $118.11. McDonald’s Corp. has a 1-year low of $110.33 and a 1-year high of $131.96.

McDonald’s Corp. (NYSE:MCD) last issued its earnings results on Friday, October 21st. The fast-food giant reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.49 by $0.13. The firm had revenue of $6.42 billion for the quarter, compared to the consensus estimate of $6.28 billion. McDonald’s Corp. had a net margin of 18.74% and a return on equity of 197.51%. The business’s revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.40 earnings per share. Equities research analysts expect that McDonald’s Corp. will post $5.69 EPS for the current year.

Several research analysts have recently issued reports on the stock. Goldman Sachs Group Inc. reiterated a “neutral” rating and set a $116.00 price target on shares of McDonald’s Corp. in a report on Thursday. Sanford C. Bernstein reiterated a “market perform” rating and set a $129.00 price target on shares of McDonald’s Corp. in a report on Wednesday, December 7th. Morgan Stanley set a $127.00 price target on shares of McDonald’s Corp. and gave the stock a “neutral” rating in a report on Tuesday. Stephens reiterated an “overweight” rating and set a $135.00 price target on shares of McDonald’s Corp. in a report on Sunday, October 23rd. Finally, BTIG Research set a $137.00 price target on shares of McDonald’s Corp. and gave the stock a “buy” rating in a report on Monday, October 24th. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $127.16.

In other news, VP James R. Sappington sold 8,298 shares of the company’s stock in a transaction that occurred on Monday, November 14th. The shares were sold at an average price of $118.08, for a total value of $979,827.84. Following the transaction, the vice president now owns 14,750 shares in the company, valued at $1,741,680. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Chairman Andrew J. Mckenna sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, October 24th. The stock was sold at an average price of $113.48, for a total transaction of $3,404,400.00. Following the completion of the transaction, the chairman now owns 72,514 shares in the company, valued at approximately $8,228,888.72. The disclosure for this sale can be found here. Corporate insiders own 0.28% of the company’s stock.

McDonald’s Corp. Company Profile

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally-relevant menu of quality 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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