How Insiders and Institutions are Trading The Wendy's Company (WEN)

The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. Equities research analysts anticipate that Wendy's Company will post $0.41 earnings per share for the current fiscal year. The average 12 month price target among analysts that have updated their coverage on the stock in the a year ago is $16.77. During the past couple of weeks, WEN average daily volatility was 23.41%, which is 0.29 percentage points lower than the average volatility over the past 100 days.

Wendys (NASDAQ:WEN) last announced its earnings results on Wednesday, November 8th. The stock was trading at a distance of -0.45% from its 52-week highs and stands 25.17% away from its 52-week lows.

Todd Penegor, the CEO and President of Wendys, expressed that in the past year they have grown their global portfolio by over 60 net new restaurants. Wunsch E.J. also sold $54,736 worth of The Wendy's Company (NASDAQ:WEN) shares. While in the same Quarter Previous year, the Actual EPS was $0.08.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $244.53B.

Other hedge funds have also modified their holdings of the company. Credit Suisse Group reduced their target price on shares of Wendys from $15.75 to $15.00 and set a "neutral" rating on the stock in a research note on Thursday, November 9th. Royal Bank of Canada reissued a "hold" rating and issued a $18.00 price target on shares of Wendys in a research report on Friday, December 22nd. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company. Finally, BidaskClub raised shares of Wendys from a "sell" rating to a "hold" rating in a research note on Wednesday, December 20th.

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Research analysts at SunTrust Banks lifted their Q3 2018 earnings estimates for shares of Wendys in a research report issued to clients and investors on Tuesday, according to Zacks Investment Research. The stock has a consensus rating of "Hold" and an average price target of $16.84.

The Wendy's Company (NASDAQ:WEN) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. Trading volume for The Wendy's Company was 8.18 Million in its previous trading session. Wendys has a twelve month low of $13.03 and a twelve month high of $16.98. Catalyst Capital Advisors Ltd Liability Co stated it has 0.1% of its portfolio in The Wendy's Company (NASDAQ:WEN).

The stock is now showing YTD performance of 5.54 Percent. Having the right stocks in the portfolio can help ease the investor's mind no matter what the next few months brings in terms of volatility. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Wendys by 10.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,495 shares of the restaurant operator's stock worth $116,000 after buying an additional 692 shares in the last quarter. Riverhead Capital Management LLC now owns 9,312 shares of the restaurant operator's stock valued at $144,000 after buying an additional 4,012 shares in the last quarter. LS Investment Advisors LLC boosted its position in Wendy's Company (The) by 67.1% in the second quarter. Corporate insiders own 22.70% of the company's stock.

Wendys (NASDAQ:WEN) opened at $17.24 on Friday. The shares were acquired at an average price of $14.29 per share, with a total value of $142,900.00. The short sellers then promise to replace the stock in the future and makes dividend payments out of their own pockets to cover the dividend income that is no longer exists on the original, now borrowed and sold, shares. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Plante Moran Advisors Ltd Llc invested in 0.02% or 2,275 shares. This represents a $0.28 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend was Thursday, November 30th. Wendys's payout ratio is now 112.00%.

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