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J. Safra Sarasin Holding AG Acquires 3,328 Shares of McDonald's Corporation $MCD
J. Safra Sarasin Holding AG increased its stake in McDonald’s Corporation by 1.6% in the fourth quarter, purchasing an additional 3,328 shares. The investment firm now owns 206,860 shares of McDonald’s, valued at $63.22 million, making it their 26th largest holding. This comes amidst reports of positive sentiment for McDonald’s from strong marketing and analyst ratings, though macro headwinds from the Middle East conflict and rising energy costs pose a near-term downside risk.