GW Henssler & Associates Ltd. Has $13.95 Million Stock Holdings in McDonald’s Co. (NYSE:MCD)

GW Henssler & Associates Ltd. reduced its position in shares of McDonald’s Co. (NYSE:MCD) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 45,821 shares of the fast-food giant’s stock after selling 539 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in McDonald’s were worth $13,953,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Legacy Investment Solutions LLC acquired a new position in shares of McDonald’s during the third quarter worth approximately $25,000. RPg Family Wealth Advisory LLC bought a new stake in McDonald’s during the 3rd quarter valued at $31,000. Hara Capital LLC acquired a new position in McDonald’s during the third quarter worth $44,000. Peterson Financial Group Inc. bought a new position in shares of McDonald’s in the third quarter valued at $58,000. Finally, FSA Wealth Management LLC acquired a new position in shares of McDonald’s during the third quarter valued at about $72,000. Institutional investors own 70.29% of the company’s stock.

McDonald’s Stock Down 0.5 %

NYSE MCD opened at $288.83 on Monday. The company has a market cap of $206.98 billion, a PE ratio of 25.36, a price-to-earnings-growth ratio of 3.83 and a beta of 0.74. The firm’s 50-day simple moving average is $291.12 and its two-hundred day simple moving average is $289.73. McDonald’s Co. has a 52 week low of $243.53 and a 52 week high of $317.90.

Insider Activity at McDonald’s

In other news, insider Joseph M. Erlinger sold 300 shares of the stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $280.75, for a total value of $84,225.00. Following the sale, the insider now directly owns 7,887 shares of the company’s stock, valued at approximately $2,214,275.25. This represents a 3.66 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Desiree Ralls-Morrison sold 3,409 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $290.15, for a total transaction of $989,121.35. Following the transaction, the executive vice president now directly owns 9,675 shares of the company’s stock, valued at approximately $2,807,201.25. This represents a 26.05 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 7,406 shares of company stock worth $2,150,857. 0.23% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. KeyCorp dropped their price target on shares of McDonald’s from $330.00 to $320.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. Baird R W lowered McDonald’s from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 23rd. Morgan Stanley decreased their price target on McDonald’s from $340.00 to $336.00 and set an “overweight” rating for the company in a report on Tuesday, January 21st. Truist Financial dropped their price objective on McDonald’s from $350.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Finally, Barclays upped their target price on shares of McDonald’s from $300.00 to $325.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 22nd. Ten equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to MarketBeat.com, McDonald’s currently has a consensus rating of “Moderate Buy” and an average price target of $320.87.

About McDonald’s

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions.