McDonald's Corporation $MCD Stock Position Raised by Amundi
Amundi increased its stake in McDonald's by 96% in Q2, owning 4,032,676 shares worth $1.19 billion. Other hedge funds also adjusted their positions. McDonald's reported Q3 earnings of $3.22 per share, missing estimates, with revenue up 3% YoY. The company raised its quarterly dividend to $1.86 per share. Insiders sold shares worth $12.24 million recently.