McDonald's Becomes First Restaurant Chain To Set Science-Based GHG Emissions Reduction Targets

McDonald's Becomes First Restaurant Chain To Set Science-Based GHG Emissions Reduction Targets

McDonald's comprises about 1.6% of Pratt Collard Advisory Partners LLC's portfolio, making the stock its 14th largest holding. The U.S. and Canada segment markets and sells action figures, arts and crafts, and creative play products; electronic toys and related electronic interactive products; fashion and other dolls, infant products, play sets, preschool toys, plush products, and sports action blasters and accessories; and vehicles and toy-related specialty products, as well as traditional board games, and trading card and role-playing games primarily in the United States and Canada. Beaton Management Co. Inc. acquired a new position in shares of McDonald's during the 2nd quarter worth $555,000. Quantitative Systematic Strategies LLC's holdings in McDonald's were worth $2,312,000 as of its most recent SEC filing. 782,847 are held by Sg Americas Securities Limited Co. Mason Street Advsr Ltd Liability Corporation reported 0.04% stake. Chevy Chase Trust Holdings Inc. now owns 808,477 shares of the fast-food giant's stock worth $126,673,000 after buying an additional 3,876 shares in the last quarter. It fall, as 57 investors sold Hasbro, Inc. shares while 164 reduced holdings. Finally, Acrospire Investment Management LLC bought a new stake in McDonald's in the second quarter valued at $153,000. The institutional investor held 504,330 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $45.88 million, down from 516,731 at the end of the previous reported quarter. The institutional investor owned 3,709,322 shares of the fast-food giant's stock after purchasing an additional 675,700 shares during the period. The shares were sold at an average price of $170.54, for a total value of $238,414.92. Another trade for 34,575 shares valued at $6.00 million was made by GOARE DOUGLAS M on Wednesday, January 31. Saratoga Research & Investment Management sold 12,401 shares as the company's stock declined 5.32% while stock markets rallied. The disclosure for this sale can be found here. Navellier & Associates Inc now owns 25,400 shares of the fast-food giant's stock valued at $3,890,000 after acquiring an additional 8,200 shares in the last quarter.

McDonald's Co. has a 1-year low of $128.18 and a 1-year high of $178.70. The company has a debt-to-equity ratio of -9.04, a quick ratio of 1.82 and a current ratio of 1.84. The company has a market cap of $128,994.68, a PE ratio of 25.06, a PEG ratio of 2.45 and a beta of 0.65.

Analysts await McDonald's Corporation (NYSE:MCD) to report earnings on April, 24. After $2.30 actual EPS reported by Hasbro, Inc. for the previous quarter, Wall Street now forecasts -82.61% negative EPS growth.

McDonald's Corporation (NYSE:MCD) yearly performance is 18.98% and net profit margin is 22.80%. The company had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.22 billion. During the same quarter in the prior year, the firm posted $1.44 earnings per share.


The firm also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st were given a dividend of $1.01 per share. This represents a $4.04 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend was Wednesday, February 28th. McDonald's's dividend payout ratio (DPR) is 63.52%. Ares Capital had 26 analyst reports since August 21, 2015 according to SRatingsIntel.

Both targets have been approved by the SBTI - in partnership with CDP, UN Global Compact, WRI and WWF - which aligns McDonald's to an emissions reduction needed to limit global warming to no more than a 2C increase, as envisioned by the Paris Agreement. McDonald's now has an average rating of "Buy" and a consensus target price of $183.02. Bank of America set a $200.00 price target on McDonald's and gave the company a "buy" rating in a research report on Monday, January 29th. Robert W. Baird set a $190.00 price objective on shares of McDonald's and gave the stock a "buy" rating in a research note on Tuesday, January 2nd.

McDonald's Corporation (NYSE:MCD)'s stock on Monday traded, and when day-trade ended the stock finally slumped -2.06% to reach at $159.01.

Among 35 analysts covering McDonald's Corporation (NYSE:MCD), 25 have Buy rating, 1 Sell and 9 Hold. The stock's average target of $129 is -19.49% below today's ($160.23) share price.

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