Big Money Sentiment Indicator of Wendys Co (NASDAQ:WEN) Improves in Q4 2017 to 0.94

May 3, 2018 - By Mark Williams

Positions for Wendys Co (NASDAQ:WEN)

“Big money sentiment for Wendys Co (NASDAQ:WEN) in Q4 2017 increased to 0.94, SEC filings reveal. That’s up 0.15, from 2017Q3’s 0.79. 101 active investment managers opened new and increased positions, while 108 trimmed and sold positions in Wendys Co so the sentiment has increased. Funds own 184.69 million shares, up from 181.38 million shares in 2017Q3. Funds holding Wendys Co in top 10 was flat from 3 to 3 for the same number . In total 22 funds closed positions, 86 reduced and 67 increased. Also 34 funds bought new Wendys Co stakes.

Most Wendys Co Investors

As of Q4 2017 Managed Asset Portfolios Llc has 7.49% invested in Wendys Co. As of Q4 2017, 39.04 million shares of Wendys Co are owned by Trian Fund Management L.P.. Horizon Kinetics Llc reported 6.35 million shares. Eminence Capital Lp revealed 11.68 million shares position in Wendys Co. The New York-based fund Boyar Asset Management Inc. looks positive on Wendys Co, having 115,760 shares.

The Wendy's Company, through its subsidiaries, operates as a quick-service restaurant firm in the hamburger sandwich segment worldwide.The firm is worth $3.99 billion. It is involved in operating, developing, and franchising a system of quick-service restaurants.The P/E ratio is 21.58. 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 $16.62 during the last trading session after 0.48% change.The Wendy's Company has volume of 1.03 million shares. Since May 3, 2017 WEN has risen 28.35% and is uptrending. WEN outperformed the S&P500 by 16.80%.

Investors expect The Wendy's Company (NASDAQ:WEN)’s quarterly earnings on May, 8 after the close., according to RTT. Analysts expect change of 11.11 % or $0.01 from previous year’s $0.09 EPS compared to current’s $0.10 EPS. If the current EPS of $0.10 is accurate, WEN’s profit could hit $24.00M. -9.09 % negative EPS growth is what Wall Street’s forecasts after $0.11 reported EPS previous quarter.

Gsa Capital Prtnrs Ltd Liability Partnership reported 19,649 shs. Aspiriant Lc reported 64,196 shs. Jfs Wealth Advisors Ltd Liability holds 425 shs. Pacad Inv Ltd, British Columbia – Canada-based fund reported 10,600 shs. Thompson Davis And Com Inc accumulated 125 shs. Riggs Asset Managment Com accumulated 0% or 216 shs. The Oregon-based Becker Capital Incorporated has invested 0.01% in The Wendy's Company (NASDAQ:WEN). Atlantic Tru Gru, a Georgia-based fund reported 462 shs. Great West Life Assurance Can invested in 107,932 shs or 0% of the stock. Stifel Financial reported 0% in The Wendy's Company (NASDAQ:WEN). First Manhattan Com stated it has 0% of its capital in The Wendy's Company (NASDAQ:WEN). Wells Fargo & Mn accumulated 8.55 million shs. The Ontario – Canada-based Manufacturers Life Insurance Comm The has invested 0.01% in The Wendy's Company (NASDAQ:WEN). Tiaa Cref Inv Management Lc owns 476,412 shs or 0.01% of their US capital. State Of Alaska Department Of Revenue holds 0.01% of its capital in The Wendy's Company (NASDAQ:WEN) for 13,400 shs.

The Wendy's Company had 6 insider sales and 1 buying transaction since February 26, 2018. This’s net activity of $421.68 million. $82.50 million worth of stock was sold by GARDEN EDWARD P on Monday, February 26. $82.50 million worth of The Wendy's Company (NASDAQ:WEN) shs were sold by MAY PETER W. On Monday, February 26 TRIAN FUND MANAGEMENT – L.P. had sold 5.00M shs worth $82.50 million. PELTZ NELSON sold 5.00 million shs worth $82.50 million. Peltz Matthew H. sold $82.50 million worth of stock or 5.00M shs. Shares for $9.26M were sold by Brolick Emil J..

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

A total of 17 analysts rate Wendy’s (NASDAQ:WEN) as follows: 10 “Buy”, 6 “Hold” and 1 “Sell”. Тherefore 59% are bullish. (NASDAQ:WEN) has 24 ratings reports on 3 May 2018 according to StockzIntelligence. On Thursday, March 1 the stock has “Neutral” rating by UBS. The company rating was maintained by Barclays Capital on Thursday, February 22. In Thursday, February 22 report SunTrust maintained the stock with “Buy” rating. On Monday, March 19 the firm earned “Hold” rating by Oppenheimer. On Monday, March 5 the firm earned “Buy” rating by Citigroup. On Monday, February 12 the stock of The Wendy's Company (NASDAQ:WEN) earned “Market Perform” rating by Wells Fargo. The stock rating was maintained by Credit Suisse with “Neutral” on Thursday, November 9. The stock rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, April 18. On Thursday, February 22 the stock of The Wendy's Company (NASDAQ:WEN) has “Buy” rating given by BMO Capital Markets. The stock rating was maintained by BMO Capital Markets with “Outperform” on Thursday, November 9.

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

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