Virtu KCG Holdings LLC boosted its position in shares of Wendy’s Company (The) (NASDAQ:WEN) by 32.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,857 shares of the restaurant operator’s stock after acquiring an additional 13,311 shares during the period. Virtu KCG Holdings LLC’s holdings in Wendy’s Company (The) were worth $851,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WEN. Sigma Planning Corp boosted its position in shares of Wendy’s Company (The) by 0.5% during the 2nd quarter. Sigma Planning Corp now owns 11,222 shares of the restaurant operator’s stock worth $174,000 after acquiring an additional 51 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in shares of Wendy’s Company (The) by 0.5% in 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. Teacher Retirement System of Texas increased its holdings in shares of Wendy’s Company (The) by 2.6% in the 2nd quarter. Teacher Retirement System of Texas now owns 16,544 shares of the restaurant operator’s stock valued at $257,000 after acquiring an additional 414 shares during the last quarter. World Asset Management Inc increased its holdings in shares of Wendy’s Company (The) by 4.3% in the 1st quarter. World Asset Management Inc now owns 13,100 shares of the restaurant operator’s stock valued at $178,000 after acquiring an additional 540 shares during the last quarter. Finally, Arizona State Retirement System raised its position in shares of Wendy’s Company (The) by 0.7% during the 2nd quarter. Arizona State Retirement System now owns 80,700 shares of the restaurant operator’s stock worth $1,252,000 after acquiring an additional 600 shares in the last quarter. Institutional investors own 76.50% of the company’s stock.

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Shares of Wendy’s Company (NASDAQ WEN) opened at 15.47 on Wednesday. The firm’s 50-day moving average price is $15.08 and its 200 day moving average price is $15.10. The stock has a market capitalization of $3.77 billion, a P/E ratio of 40.18 and a beta of 0.99. Wendy’s Company has a 12-month low of $10.51 and a 12-month high of $16.66.

Wendy’s Company (The) (NASDAQ:WEN) last announced its earnings results on Wednesday, August 9th. The restaurant operator reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02. The firm had revenue of $320.34 million for the quarter. Wendy’s Company (The) had a net margin of 7.68% and a return on equity of 19.67%. The business’s revenue was down 16.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.10 EPS. Analysts predict that Wendy’s Company will post $0.47 EPS 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 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend was Wednesday, August 30th. Wendy’s Company (The)’s dividend payout ratio (DPR) is 75.68%.

WEN has been the subject of several recent analyst reports. BidaskClub cut Wendy’s Company (The) from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, June 13th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $16.00 price target on shares of Wendy’s Company (The) in a report on Thursday, June 22nd. Zacks Investment Research upgraded shares of Wendy’s Company (The) from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Thursday, July 20th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $16.00 price target on shares of Wendy’s Company (The) in a research note on Tuesday, July 25th. Finally, Wedbush reissued a “hold” rating on shares of Wendy’s Company (The) in a report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $15.89.

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.

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

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