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flag Investment firms cut stakes in McDonald's, but the company met earnings estimates and raised dividends.

flag Several investment firms have reduced their stakes in McDonald's, with CCLA Investment Management and Oversea-Chinese Banking Corp lowering their holdings by 11.9% and 29.1%, respectively. flag Despite these changes, McDonald's reported earnings per share of $2.67, matching analyst estimates, and announced a quarterly dividend of $1.77 per share. flag The stock, currently trading at $302.88, has a market cap of $216.57 billion and is considered a "Hold" by analysts with a price target of $323.39.

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