The McDonald's Corp. (MCD) Shares Sold by the Peoples Financial Services CORP

Price Target Estimates for McDonald's Corp. (MCD)

ATR value of the company was 1.94 and Relative Strength Index (RSI) was 60.92.

Deutsche Bank AG set a $185.00 target price on McDonald's Corporation (NYSE:MCD) in a research note issued to investors on Friday.

McDonald's Corp. had a net margin of 18.74% and a return on equity of 197.51%. McDonald's Corp. The company had revenue of $6.42 billion for the quarter, compared to analyst estimates of $6.28 billion.

Net income for the quarter ending September 30 was United States dollars 1.9 billion, up 47.7 per cent from the year-ago period.

Net profit jumped nearly 48% to $1.9bn compared with the same quarter past year.

For full fiscal 2017, analysts forecast a 14.9% year-over-year increase in the EPS item to $6.56 from full fiscal 2016 figure of $5.71 and backed on year-over-year declining revenue of $22.61 billion from year-ago sales of $24.62 billion. McDonald's Corporation has a one year low of $110.83 and a one year high of $167.90. The company has a 50-day moving average price of $159.72 and a 200-day moving average price of $152.57. The stock has a market cap of $101.97 billion, a P/E ratio of 23.07 and a beta of 0.67. On Sept. 21 the board of directors authorized a 7% increase in the quarterly dividend to $1.01 per ordinary share from a previous distribution of 94 cents per share.

McDonald's released its latest quarterly results on Tuesday. The ex-dividend date will be on Wednesday August 30th, 2017. This represents a $4.04 dividend on an annualized basis and a dividend yield of 2.47%.

From its operations the company generated cash flow of $5.82 billion over the last 12 trailing months' time frame, of which almost 43% was used by McDonald's for business growth purposes and to pay dividends to its shareholders according to a pay-out ratio of 60.82%. Sanford C. Bernstein restated an outperform rating and set a $170.00 target price on shares of McDonald's Corporation in a research note on Tuesday, July 25th. The stock presently has a consensus rating of "Buy" and an average target price of $168.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. On the flip side, if the indicator goes under -80, this may signal that the stock is oversold. In terms of recent volatility, the average for the month is 1.13% and 1.14% for the past week. After a recent check, company stock has been trading near the $163.57 mark. The disclosure for this sale can be found here. There has been an observed change of -9.68% in the ownership of the shares in the past six months. Finally, Acrospire Investment Management LLC purchased a new stake in McDonald's Corporation in the 2nd quarter worth approximately $153,000.

McDonald's Corp. ( MCD ) will release its financial results for the third quarter before the New York Stock Exchange opens October 24. FMR LLC now owns 8,371,823 shares of the fast-food giant's stock worth $1,282,229,000 after purchasing an additional 3,530,622 shares during the last quarter. Finally, BlackRock Inc. grew its position in McDonald's Corporation by 3.0% in the second quarter.

McDonald's has reported better than expected sales in the third quarter as it pushes back against competitors such as Chipotle and Burger King. The institutional investor owned 12,644 shares of the fast-food giant's stock after selling 1,015 shares during the quarter.

As of the end of the quarter Shell Asset Management CO had sold a total of 230 shares trimming its stake by 0.5%. It fall, as 68 investors sold MCD shares while 616 reduced holdings.

COPYRIGHT VIOLATION WARNING: This news story was originally reported by Week Herald and is the sole property of of Week Herald. Nomura upgraded McDonald's Corporation (NYSE:MCD) on Monday, December 5 to "Buy" rating. Jefferies maintained the shares of ORCL in report on Tuesday, October 17 with "Buy" rating. Ten research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the stock. Royal Bank Of Canada set a $175.00 target price on McDonald's Corporation and gave the company a buy rating in a research note on Wednesday, July 26th. Robert W. Baird maintained the shares of MCD in report on Monday, October 2 with "Buy" rating. Goldman Sachs Group, Inc.

July 26 investment analysts at UBS kept the company rating at "Neutral" and raised the price target to $160.00 from $131.00. McDonald's Corporation had 103 analyst reports since September 29, 2015 according to SRatingsIntel.

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