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Mcdonald Partners LLC Has $800,000 Stake in McDonald's Corporation $MCD
Mcdonald Partners LLC has significantly reduced its stake in McDonald’s Corporation (NYSE:MCD) by 54.9%, now holding 2,628 shares valued at approximately $800,000. Despite the company beating quarterly earnings and revenue expectations, and declaring a $1.86 quarterly dividend, institutional investors hold about 70.29% of the stock, while insiders have sold a total of 71,517 shares worth around $23.7 million in the last three months. Analyst consensus remains a cautious “Hold,” even as some firms have raised price targets.