Hanseatic Management Services Inc. lifted its position in Wendy’s Company (The) (NASDAQ:WEN) by 9.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,307 shares of the restaurant operator’s stock after buying an additional 4,645 shares during the quarter. Hanseatic Management Services Inc.’s holdings in Wendy’s Company (The) were worth $842,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Wendy’s Company (The) by 10.2% in the second 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 during the last quarter. Riverhead Capital Management LLC lifted its stake in shares of Wendy’s Company (The) by 75.7% in the second quarter. Riverhead Capital Management LLC now owns 9,312 shares of the restaurant operator’s stock worth $144,000 after buying an additional 4,012 shares during the last quarter. Weiss Asset Management LP acquired a new stake in shares of Wendy’s Company (The) in the first quarter worth $150,000. Sigma Planning Corp lifted its stake in shares of Wendy’s Company (The) by 0.5% in the second quarter. Sigma Planning Corp now owns 11,222 shares of the restaurant operator’s stock worth $174,000 after buying an additional 51 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new stake in shares of Wendy’s Company (The) in the first quarter worth $174,000. Institutional investors and hedge funds own 76.50% of the company’s stock.

Shares of Wendy’s Company (NASDAQ WEN) opened at 15.04 on Friday. Wendy’s Company has a one year low of $10.47 and a one year high of $16.66. The company has a market cap of $3.66 billion, a price-to-earnings ratio of 39.06 and a beta of 1.00. The firm has a 50-day moving average of $15.12 and a 200 day moving average of $14.96.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were issued a $0.07 dividend. The ex-dividend date was Wednesday, August 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.86%. Wendy’s Company (The)’s payout ratio is currently 75.68%.

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A number of analysts have recently weighed in on the stock. BidaskClub upgraded shares of Wendy’s Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. Zacks Investment Research upgraded shares of Wendy’s Company (The) from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research note on Thursday, July 20th. Royal Bank Of Canada reiterated a “hold” rating and set a $16.00 target price on shares of Wendy’s Company (The) in a research note on Friday, August 11th. Wedbush reiterated a “hold” rating on shares of Wendy’s Company (The) in a research note on Wednesday, August 9th. Finally, Bank of America Corporation reiterated a “neutral” rating and set a $17.00 target price on shares of Wendy’s Company (The) in a research note on Monday, August 14th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price 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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