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Institutional investors, including Pioneer Trust Bank, have increased their stakes in McDonald's, boosting its stock value.
Pioneer Trust Bank and several other institutional investors have increased their stakes in McDonald's, with Pioneer Trust raising its holdings by 14.3% to 17,236 shares, worth $4,997,000.
McDonald's reported $2.83 earnings per share for the recent quarter, meeting analyst expectations.
The company's market capitalization is $214.11 billion, with a P/E ratio of 26.31 and a beta of 0.62.
Analysts forecast the company will post 12.25 EPS for the current year.
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Los inversores institucionales, incluyendo Pioneer Trust Bank, han aumentado sus participaciones en McDonald's, aumentando su valor bursátil.