Must-Know: McDonald’s Valuation and Risk Factors
Given that McDonald’s is a mature company with little room to grow compared to that of the above peers, the company seems to have a fair valuation.
Chilton Investment exits its position in FedEx Corporation
Chilton Investment Company exited its position in FedEx Corporation (FDX), which accounted for 2.55% of the fund’s 3Q14 portfolio.
Endo International is one of Chilton Investment’s new positions
Chilton Investment has invested more than $18 million in Endo International (ENDP), which now represents 0.65% of the hedge fund’s total portfolio.
Chilton Investment adds new position in Sonic Corporation
Chilton Investment Company has invested more than $32 million in Sonic Corporation (SONC), which now represents 1.14% of Chilton’s total portfolio.
Company & Industry Overviews
McDonald’s Says “Strong Competitive Activity” Impacting Sales
According to McDonald’s management, “strong competitive activity” is affecting its sales. Other fast food chains don’t seem to be feeling the competition.