OxFORD Asset Management LLP boosted its position in Wendy’s Company (The) (NASDAQ:WEN) by 83.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 354,519 shares of the restaurant operator’s stock after acquiring an additional 161,527 shares during the period. OxFORD Asset Management LLP owned 0.14% of Wendy’s Company (The) worth $5,499,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Private Advisor Group LLC bought a new stake in Wendy’s Company (The) in the 1st quarter valued at about $174,000. Sei Investments Co. raised its stake in Wendy’s Company (The) by 401.9% in the 1st quarter. Sei Investments Co. now owns 27,806 shares of the restaurant operator’s stock valued at $378,000 after acquiring an additional 22,266 shares during the period. Engineers Gate Manager LP raised its stake in Wendy’s Company (The) by 24.0% in the 2nd quarter. Engineers Gate Manager LP now owns 309,979 shares of the restaurant operator’s stock valued at $4,808,000 after acquiring an additional 60,061 shares during the period. BlackRock Inc. raised its stake in Wendy’s Company (The) by 11,068.4% in the 1st quarter. BlackRock Inc. now owns 15,391,009 shares of the restaurant operator’s stock valued at $209,472,000 after acquiring an additional 15,253,200 shares during the period. Finally, Morgan Stanley raised its stake in Wendy’s Company (The) by 75.4% in the 1st quarter. Morgan Stanley now owns 860,013 shares of the restaurant operator’s stock valued at $11,705,000 after acquiring an additional 369,666 shares during the period. Institutional investors and hedge funds own 76.50% of the company’s stock.

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Wendy’s Company (NASDAQ:WEN) opened at 15.545 on Thursday. The stock’s 50 day moving average price is $15.12 and its 200 day moving average price is $14.96. Wendy’s Company has a one year low of $10.47 and a one year high of $16.66. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 40.377 and a beta of 1.00.

Wendy’s Company (The) (NASDAQ:WEN) last released its quarterly earnings results on Wednesday, August 9th. The restaurant operator reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The business had revenue of $320.34 million during the quarter. Wendy’s Company (The) had a return on equity of 19.67% and a net margin of 7.68%. The business’s quarterly revenue was down 16.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.10 EPS. Equities analysts predict that Wendy’s Company will post $0.47 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were issued a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.83%. The ex-dividend date was Wednesday, August 30th. Wendy’s Company (The)’s dividend payout ratio is presently 75.68%.

WEN has been the topic of a number of research reports. Longbow Research upgraded Wendy’s Company (The) from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $15.23 to $18.00 in a research note on Friday, September 15th. Sanford C. Bernstein restated a “market perform” rating and issued a $16.00 price objective on shares of Wendy’s Company (The) in a research note on Tuesday, July 25th. UBS AG restated a “sell” rating and issued a $13.00 price objective (up from $12.00) on shares of Wendy’s Company (The) in a research note on Thursday, August 10th. BidaskClub cut Wendy’s Company (The) from a “buy” rating to a “hold” rating in a research note on Monday, August 14th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $16.00 price objective on shares of Wendy’s Company (The) in a research note on Thursday, June 22nd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the stock. Wendy’s Company (The) has an average rating of “Hold” and a consensus price target of $15.77.

Wendy’s Company (The) Company Profile

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 company 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 company specializing in the hamburger sandwich segment.

Institutional Ownership by Quarter for Wendy`s Company (The) (NASDAQ:WEN)

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