Is McDonald's Corporation (MCD) a Buy? The Stock Reaches All-Time High Today

Heritage Investors Management Corp now owns 147,352 shares of the fast-food giant's stock worth $16,999,000 after buying an additional 1,382 shares during the last quarter. About 986,830 shares traded. It has outperformed by 0.96% the S&P500.

Investors sentiment decreased to 1.12 in 2017 Q2. Its up 0.48, from 1.1 in 2017Q1.

A number of institutional investors and hedge funds have recently bought and sold shares of MCD. 137 funds opened positions while 396 raised stakes.

The most recent open market insider trade was Sell of 171,577 shares on a day where the closing price was 168.32. Court Place Advsr Ltd Limited Liability Company invested 0.43% of its portfolio in McDonald's Corporation (NYSE:MCD). Lawson Kroeker Inv Inc Ne holds 0.38% or 30,429 shares. Jfs Wealth Ltd Co holds 0.47% of its portfolio in McDonald's Corporation (NYSE:MCD) for 11,199 shares. Alerus Financial NA now owns 22,357 shares of the fast-food giant's stock worth $3,425,000 after buying an additional 3,310 shares in the last quarter. Out of 27 total analysts who were surveyed, 1 rated it a Moderate Buy, 7 rated it hold, and 19 rated it a Strong Buy.

COPYRIGHT VIOLATION NOTICE: "McDonald's Corporation (MCD) Holdings Reduced by Patriot Financial Group Insurance Agency LLC" was first posted by Week Herald and is owned by of Week Herald.

Burgundy Asset Management Ltd increased Mcdonald's Corp. Hbk LP has 299,796 shares for 0.42% of their portfolio. 43,966 are owned by Bath Savings. Sandy Spring Savings Bank owns 200 shares for 0% of their portfolio. Clarkston Cap Prtn Limited Company owns 6,793 shares or 0.05% of their USA portfolio. Cape Cod Five Cents Bancorporation holds 1.15% of its portfolio in McDonald's Corporation (NYSE:MCD) for 47,378 shares. Fisher Asset Mgmt Ltd has invested 0% in McDonald's Corporation (NYSE:MCD).

More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: "McDonald's Q3 Earnings Make The Stock A Buy" published on November 21, 2017 as well as Seekingalpha.com's news article titled: "5 Reasons To Sell McDonald's Now" with publication date: December 02, 2017. Therefore 68% are positive.

McDonald's Co. has a 52-week low of $110.33 and a 52-week high of $151.15. $154.87's average target is -9.25% below currents $170.65 stock price. Jason Industries had 3 analyst reports since November 2, 2015 according to SRatingsIntel. Zacks Investment Research cut McDonald's from a "buy" rating to a "hold" rating in a research note on Friday, October 27th.

McDonald's (NYSE:MCD) last released its quarterly earnings results on Tuesday, October 24th. The stock has a market capitalization of $136,039.72, a price-to-earnings ratio of 26.66, a P/E/G ratio of 2.79 and a beta of 0.67. The company was maintained on Thursday, August 31 by Credit Suisse. The rating was maintained by Telsey Advisory Group on Thursday, June 1 with "Outperform". Caisse De Depot Et Placement Du Quebec reported 7,000 shares. The stock of McDonald's Corporation (NYSE:MCD) has "Neutral" rating given on Thursday, December 1 by Guggenheim. As per Wednesday, November 29, the company rating was maintained by Tigress Financial. Finally, Robert W. Baird reaffirmed an "outperform" rating and issued a $128.00 price objective on shares of McDonald's Co.in a report on Thursday, January 12th. Adirondack Trust Co. now owns 15,679 shares of the fast-food giant's stock worth $1,809,000 after buying an additional 300 shares during the last quarter. It also reduced Universal Display Corp (NASDAQ:OLED) stake by 4,400 shares and now owns 10,000 shares. Matinas Biopharma Hldgs Inc Com was raised too. Its down 0.08, from 1.04 in 2017Q1. Jennison Associates LLC raised its holdings in shares of McDonald's by 681.3% in the 2nd quarter. The institutional investor held 67,504 shares of the restaurants company at the end of 2017Q2, valued at $10.34M, down from 69,485 at the end of the previous reported quarter. Rothschild Asset holds 6.13M shares. McDonald's accounts for 0.6% of State of Tennessee Treasury Department's holdings, making the stock its 29th biggest position. Winch Advisory Services LLC raised its position in McDonald's by 0.4% during the second quarter. (NYSE:HON). Lincoln owns 3,613 shares for 0.02% of their portfolio. Signaturefd Limited Liability Com holds 3,236 shares or 0.07% of its portfolio. Montag A stated it has 10,002 shares. Illinois-based Rothschild Inv Il has invested 0.54% in McDonald's Corporation (NYSE:MCD). (NYSE:HON) for 18,000 shares. Following the completion of the transaction, the insider now directly owns 49,778 shares of the company's stock, valued at approximately $8,378,632.96. United Asset Strategies has 0.32% invested in AT&T Inc. Smithfield Tru Company holds 0.37% or 16,308 shares. Prelude Capital Ltd stated it has 0% of its portfolio in Workday, Inc. 364,946 were reported by Macquarie Grp. Millennium Ltd Liability Co invested in 1.42 million shares. Therefore 34% are positive. Staying on top of longer-term price action may help provide investors with a wider range of reference when doing stock analysis.

The stock of Papa John's International, Inc. Swiss National Bank now owns 3,653,548 shares of the fast-food giant's stock valued at $473,536,000 after buying an additional 558,300 shares during the period.

In other news, VP James R. Sappington sold 8,046 shares of the company's stock in a transaction dated Wednesday, October 25th. (NASDAQ:WDAY) has "Buy" rating given on Friday, August 4 by RBC Capital Markets. Credit Suisse maintained the shares of HON in report on Tuesday, July 25 with "Hold" rating. Robert W. Baird maintained it with "Neutral" rating and $126 target in Wednesday, June 29 report. (NYSE:HON) on Wednesday, October 11 with "Buy" rating. The Company's segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate. As per Wednesday, October 18, the company rating was maintained by Mizuho. Meanwhile, the average 12-month price target from Wall Street analysts is now $175.86, this means that the stock is underpriced by 2.963%.

Vanessa Coleman

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