NEOS Investment Management Raises McDonald's Stake by 10.1% in Q2
NEOS Investment Management LLC increased its McDonald’s stake by 10.1% in the second quarter, with holdings valued at about $31.24 million, according to an SEC filing. Other institutional investors also adjusted positions. The stock’s earnings multiple is cited as potentially attractive, but coverage warns the $3 value offering has not fully delivered, raising affordability and franchisee-economics concerns.
Coverage (7)
- Baird Financial Group Inc. Has $157.92 Million Position in McDonald's Corporation $MCD (marketbeat.com)
- Allworth Financial LP Cuts Position in McDonald's Corporation $MCD (marketbeat.com)
- VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Holdings in McDonald's Corporation $MCD (marketbeat.com)
- McDonald's Corporation $MCD Shares Purchased by California State Teachers Retirement System (marketbeat.com)
- Saudi Central Bank Raises Holdings in McDonald's Corporation $MCD (marketbeat.com)
- NBH Bank Invests $1.28 Million in McDonald's Corporation $MCD (marketbeat.com)
- NEOS Investment Management LLC Purchases 10,630 Shares of McDonald's Corporation $MCD (marketbeat.com)