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Brick & Kyle Associates bought McDonald's stock, but insiders sold more, with the company also announcing a dividend.
Brick & Kyle Associates purchased 6,695 shares of McDonald's stock for $1.94 million, while insiders sold 14,276 shares worth $4.42 million.
McDonald's reported $2.67 EPS, matching estimates, with $5.96 billion in revenue, slightly below forecasts.
The stock has a "Moderate Buy" rating, a $325.91 target price, and a market cap of $224.99 billion.
McDonald's also announced a quarterly dividend of $1.77 per share.
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Brick & Kyle Associates compró acciones de McDonald's, pero los expertos vendieron más, y la compañía también anunció un dividendo.