2018 Q1 Sentiment for Wendys Co (NASDAQ:WEN) at 0.95

June 29, 2018 - By Alex Paulin

Wendys Co’s Sentiment

In 2018 Q1 Wendys Co (NASDAQ:WEN) big money sentiment increased to 0.95, SEC filings reveal. So its up 0.01, from 2017Q4’s 0.94. 105 investment professionals increased or started new stock positions, while 110 decreased and sold their holdings in Wendys Co so the sentiment increased. These funds own 183.84 million shares, that’s down from 184.69 million shares in 2017Q4. Funds holding Wendys Co in top 10 changed to 4 from 3 for an increase of 1. 23 Investors Sold All; 87 Reduced Holdings; 62 increased stakes while 43 investment professionals bought stakes.

Most Wendys Co Investors

Managed Asset Portfolios Llc owns 1.44 million shares in Wendys Co as of 2018 Q1. Wendys Co’s shareholder Trian Fund Management L.P. owns 34.04 million shares as of 2018 Q1. Moreover, Horizon Kinetics Llc reported 5.67 million shares in Wendys Co equivalent to 2.91% of its US long equity exposure. The New York-based fund Eminence Capital Lp have invested about 2.55% of the institutional investor’s stock portfolio in Wendys Co. The New Jersey-based fund Landscape Capital Management L.L.C. holds 1.36 million shares or 1.69% of their US long equity exposure.

The Wendy's Company, through its subsidiaries, operates as a quick-service restaurant firm in the hamburger sandwich segment worldwide.The company has $4.12 billion market cap. It is involved in operating, developing, and franchising a system of quick-service restaurants.22.59 is the P/E ratio. The companyÂ’s restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, Frosty desserts, and kidsÂ’ meals.

Ticker’s shares touched $17.21 during the last trading session after 0.29% change.The Wendy's Company has volume of 416,863 shares. Since June 29, 2017 WEN has declined 0.78% and is downtrending. WEN underperformed by 13.35% the S&P500.

The Wendy's Company (NASDAQ:WEN)’s earnings report is expected on August, 8., according to Zacks. Analysts forecast $0.15 earnings per share. That’s $0.00 or 0.00 % from 2017’s earnings of $0.15. This could reach $35.88 million profit for WEN assuming the current $0.15 earnings per share will become reality. Wall Street now predicts 36.36 % EPS growth despite The Wendy's Company previous quarter’s EPS of $0.11.

Css Limited Liability Co Il reported 0.01% of its capital in The Wendy's Company (NASDAQ:WEN). First Quadrant Ltd Partnership Ca accumulated 14,962 shs or 0.01% of the stock. Boothbay Fund Mgmt Ltd Llc reported 35,839 shs. New York State Common Retirement Fund stated it has 483,021 shs. Liberty Mutual Gp Asset owns 50,545 shs or 0.03% of their US capital. Franklin, California-based fund reported 13,286 shs. 612 were accumulated by Atlantic Tru Grp Incorporated Limited Liability Corp. First Advisors L P holds 0% of its capital in The Wendy's Company (NASDAQ:WEN) for 68,792 shs. Moreover, Parametric Associate Lc has 0.01% invested in The Wendy's Company (NASDAQ:WEN) for 715,661 shs. Gateway Inv Advisers Limited Liability reported 0.06% stake. Highland Management Ltd Partnership has 90,000 shs. Morgan Stanley holds 687,114 shs. California State Teachers Retirement Systems invested in 286,776 shs. Bluecrest Capital Mgmt Ltd owns 30,764 shs for 0.02% of their capital. Riggs Asset Managment owns 216 shs for 0% of their capital.

The Wendy's Company had 11 insider sales and 1 insider purchase since February 26, 2018. This’s net activity of $619.27 million. The insider GARDEN EDWARD P sold 2.41M shs worth $39.52 million. $39.52M worth of stock was sold by Peltz Matthew H. on Monday, May 14. $83,109 worth of The Wendy's Company (NASDAQ:WEN) was bought by Plosch Gunther. The insider MAY PETER W sold 5.00M shs worth $82.50 million. On Thursday, March 8 540,540 shs were sold by Brolick Emil J., worth $9.26 million. PELTZ NELSON had sold 2.41 million shs worth $39.52 million on Monday, May 14.

The Wendy's Company (NASDAQ:WEN) Ratings Coverage

In total 12 analysts cover Wendy’s (NASDAQ:WEN). “Buy” rating has 9, “Sell” are 0, while 3 are “Hold”. 75% are bullish. 17 are the (NASDAQ:WEN)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. In Thursday, February 22 report SunTrust maintained it with “Buy” rating and $21.0 target. On Friday, January 12 the stock of The Wendy's Company (NASDAQ:WEN) has “Neutral” rating given by Longbow. On Friday, February 16 Guggenheim upgraded the shares of WEN in report to “Buy” rating. On Thursday, March 8 the stock has “Buy” rating by Longbow. On Tuesday, January 2 the company was maintained by SunTrust. On Thursday, March 1 UBS upgraded the shares of WEN in report to “Neutral” rating. The company rating was maintained by Stifel Nicolaus on Wednesday, April 18. On Friday, February 23 Guggenheim maintained The Wendy's Company (NASDAQ:WEN) rating. Guggenheim has “Buy” rating and $20.0 target. On Monday, March 19 the firm has “Hold” rating by Oppenheimer given. On Monday, March 5 Citigroup maintained The Wendy's Company (NASDAQ:WEN) rating. Citigroup has “Buy” rating and $19 target.

The Wendy's Company (NASDAQ:WEN) Institutional Investors Chart

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