Stratos Wealth Partners LTD. Purchases 1430 Shares of McDonald's Corporation (MCD)

Dow Jones Industrial Average stock market index listed company McDonald's is seen in Los Angeles California

The stock exchanged hands with 1,323,655 numbers of shares compared to its average daily volume of 3.50M shares. National Planning Corp's holdings in McDonald's Corporation were worth $3,988,000 as of its most recent SEC filing. But the move reduces liability for the company and also allows the restaurants to run better. Palisades Hudson Asset Lp holds 0.16% of its portfolio in McDonald's Corporation (NYSE:MCD) for 1,830 shares. The Pittenger & Anderson Inc holds 27,125 shares with $4.15M value, up from 24,098 last quarter. Capital Research Global Investors lifted its stake in McDonald's Corporation by 15.0% in the second quarter. BlackRock Inc. now owns 54,606,388 shares of the fast-food giant's stock worth $8,363,515,000 after purchasing an additional 1,586,761 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of McDonald's Corporation by 4.7% in the 1st quarter. Capital One National Association now owns 13,233 shares of the fast-food giant's stock valued at $1,592,000 after buying an additional 67 shares during the last quarter. Trustmark Fincl Bank Tru Department has 0.39% invested in McDonald's Corporation (NYSE:MCD) for 21,666 shares.

TRADEMARK VIOLATION NOTICE: "United Bank Has $1.94 Million Position in McDonald's Corporation (MCD)" was first posted by StockNewsTimes and is owned by of StockNewsTimes. The institutional investor owned 12,644 shares of the fast-food giant's stock after selling 1,015 shares during the quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MCD. Signature Estate & Investment Advisors LLC purchased a new stake in McDonald's Corporation in the 1st quarter worth approximately $146,000. Landscape Mgmt Ltd Liability has invested 1.19% in McDonald's Corporation (NYSE:MCD).

MCD has been the subject of several research reports. Canaccord Genuity reaffirmed a "hold" rating and set a $170.00 target price on shares of McDonald's Corporation in a research note on Friday, October 6th. BTIG Research set a $137.00 price target on shares of McDonald's Corporation and gave the company a "buy" rating in a research report on Monday, October 24th. Finally, Instinet reduced their price target on shares of McDonald's Corporation from $139.00 to $137.00 and set a "buy" rating on the stock in a research report on Wednesday. The stock of McDonald's Corporation (NYSE:MCD) earned "Buy" rating by SunTrust on Thursday, October 8. Finally, Goldman Sachs Group, Inc. (The) set a $174.00 target price on shares of McDonald's Corporation and gave the stock a "buy" rating in a research note on Thursday, July 27th.

On September 28 the stock rating was upgraded to "Buy" from "Neutral" by Longbow Research. The stock presently has a consensus rating of "Buy" and an average target price of $168.64.

In other McDonald's Corporation news, CFO Kevin M. Ozan sold 25,322 shares of the business's stock in a transaction that occurred on Wednesday, July 26th. About 3.88M shares traded or 7.18% up from the average.

Springbok Capital Management Llc decreased Golar Lng Ltd Bermuda (NASDAQ:GLNG) stake by 40,855 shares to 82,432 valued at $1.83 million in 2017Q2. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Comparable sales for the Foundation markets rose 10.2 percent. The stock was sold at an average price of $118.08, for a total value of $979,827.84.

A percentage of 0.10% of McDonald's shares outstanding is held by insiders while a percentage of 70.15% is held by institutions. The disclosure for this sale can be found here. Moreover, Punch & Associates Investment Management Inc. has 0.15% invested in the company for 26,200 shares.

Shares of McDonald's Corporation (MCD) opened at 163.34 on Tuesday. McDonald's Corporation has a one year low of $110.83 and a one year high of $167.90. The firm's 50 day moving average price is $121.10 and its 200 day moving average price is $118.07.

McDonald's Corporation on October 24 announced results for the third quarter ended September 30, 2017. Excluding the impact of the current year gain and these unrelated strategic charges, which total $0.56 per share, diluted earnings per share was $1.76. (NYSE:PM) has risen 16.65% since October 23, 2016 and is uptrending.

Revenue was $5.8 billion, versus an estimate of $5.7 billion. The dividend will be $1.010 per share for the quarter which comes to $4.04 on an annualized basis. The firm's revenue was down 3.4% compared to the same quarter a year ago. On average, analysts expect McDonald's Corporation to post $6.56 EPS for the current fiscal year and $7.00 EPS for the next fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a dividend of $1.01 per share. "More interesting news about McDonald's Corporation (NYSE:MCD) were released by: "Seekingalpha.com and their article: "For McDonald's, Strong Dividend Growth Means A Strong Future" published on October 17, 2017 as well as Seekingalpha.com's news article titled: "'Mickey D's' (McDonald's) Dodgy Dividend" with publication date: "September 29, 2017. For the last period, the company reported quarter over quarter EPS growth of 35.80% and quarter over quarter sales growth of -3.40%.

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