Wendys International Inc (NASDAQ:WEN) Institutional Investor Positioning

Cornelia Mascio
Ottobre 13, 2017

Recent trading patterns in the stock of The Wendy's Company (NASDAQ:WEN) have investors on high alert. Continual expansion of delivery service bodes well too.

The Wendy's Company (NASDAQ:WEN), maintained return on investment for the last twelve months at -, higher than what Reuters data shows regarding industry's average. "Yet, rising costs and a soft consumer spending environment in the U.S.restaurant space raises concern".

WEN has been the topic of a number of recent analyst reports. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. The rating was upgraded by Argus Research to "Buy" on Friday, November 25. Royal Bank Of Canada reaffirmed a "hold" rating and set a $16.00 price target on shares of Wendy's Company (The) in a research note on Thursday, June 22nd. The firm has "Buy" rating given on Monday, January 4 by Nomura. Out of 4 Wall Street analysts rating Wendy's, 2 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". The firm earned "Sector Perform" rating on Tuesday, August 2 by RBC Capital Markets.

Shares of Wendys (NASDAQ:WEN) traded down 1.51% on Friday, reaching $16.32. The company had a trading volume of 310,551 shares. The lowest target is $9.50 while the high is $1900. The stock has a 50 day moving average of $14.98 and a 200-day moving average of $13.79. The firm has a market capitalization of $3.75 billion, a PE ratio of 39.961 and a beta of 0.99. (NASDAQ:CPSI) to report $0.40 EPS on November, 2.They anticipate $0.12 EPS change or 42.86% from last quarter's $0.28 EPS. Analysts forecast earnings per share of $0.12, up exactly $0.01 or 9.09 % from 2014's $0.11 EPS. Insider ownership during the latest quarter decreased by a net of 1535 shares, indicating that WEN's key executives are feeling more bearish about the stock than they did three months ago.

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In other news, insider E.J. Wunsch sold 3,548 shares of the stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $15.43, for a total value of $54,745.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 26.50% of the company's stock.

Several institutional investors and hedge funds have recently modified their holdings of the stock. Sigma Planning Corp grew its stake in shares of Wendy's Company (The) by 0.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 71,111 shares of the restaurant operator's stock valued at $1,103,000 after acquiring an additional 341 shares during the last quarter. The overall volume in the last trading session was 2.19 million shares. The stock of Computer Programs & Systems, Inc. Raymond James Financial Services Advisors Inc. increased its position in shares of Wendy's Company (The) by 0.4% during the second quarter. According to this momentum indicator, a reading between 30 and 70 suggests the stock is not especially cheap or expensive, and not on the brink of a trend reversal.

The Wendy's Company is the parent company of subsidiary holding company Wendy's Restaurants, LLC (Wendy's Restaurants). Wendy's Restaurants is the parent firm of Wendy's International, LLC (Wendy's), which is the owner and franchisor of the Wendy's restaurant system in the United States. Wendy's is a restaurant firm specializing in the hamburger sandwich segment.

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