The Wendy's Company (NASDAQ:WEN) has analysts on the Bullish side this week.

September 16, 2018 - By Frank Plummer

Investors sentiment increased to 1.09 in Q2 2018. Its up 0.14, from 0.95 in 2018Q1. It improved, as 26 investors sold The Wendy's Company shares while 79 reduced holdings. 46 funds opened positions while 68 raised stakes. 186.43 million shares or 1.41% more from 183.84 million shares in 2018Q1 were reported.
176,182 were accumulated by First Advsr Limited Partnership. Invesco Ltd accumulated 4.47 million shares or 0.03% of the stock. Wells Fargo And Mn accumulated 0.05% or 9.84 million shares. Qs Limited Liability Corp holds 0% of its portfolio in The Wendy's Company (NASDAQ:WEN) for 39 shares. Art Advsr Lc holds 319,164 shares. Mesirow Fincl Investment Management accumulated 875,095 shares or 1.38% of the stock. Greenleaf Trust holds 501,747 shares. Moreover, Mgmt Inc has 0% invested in The Wendy's Company (NASDAQ:WEN). Smithfield has invested 0.01% in The Wendy's Company (NASDAQ:WEN). Envestnet Asset Mngmt holds 2,718 shares. Waratah Cap Advsrs Limited stated it has 0.2% of its portfolio in The Wendy's Company (NASDAQ:WEN). Trian Fund Management Ltd Partnership reported 31.63 million shares or 5.42% of all its holdings. California Pub Employees Retirement System holds 0.01% or 569,710 shares. Shelton Capital invested in 12,842 shares. Becker Management Incorporated holds 0.01% of its portfolio in The Wendy's Company (NASDAQ:WEN) for 13,765 shares.

Since May 14, 2018, it had 0 insider purchases, and 5 selling transactions for $197.59 million activity. MAY PETER W sold 2.41 million shares worth $39.52 million. Shares for $39.52M were sold by TRIAN FUND MANAGEMENT – L.P.. 2.41 million shares were sold by GARDEN EDWARD P, worth $39.52M. Peltz Matthew H. sold $39.52 million worth of stock or 2.41 million shares.

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

Among 5 analysts covering Wendy’s (NASDAQ:WEN), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Wendy’s had 5 analyst reports since March 19, 2018 according to SRatingsIntel. The company was initiated on Monday, March 19 by Oppenheimer. Citigroup maintained the stock with “Buy” rating in Tuesday, June 19 report. On Friday, August 17 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, April 18. The stock has “Neutral” rating by Bank of America on Friday, August 17. Below is a list of The Wendy's Company (NASDAQ:WEN) latest ratings and price target changes.

17/08/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $18 New Target: $19 Maintain
17/08/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $19 New Target: $20 Maintain
19/06/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $19 New Target: $21 Maintain
18/04/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $18 New Target: $20 Maintain
19/03/2018 Broker: Oppenheimer Rating: Hold Initiate

The stock decreased 2.82% or $0.51 during the last trading session, reaching $17.57. About 7.80M shares traded or 166.11% up from the average. The Wendy's Company (NASDAQ:WEN) has risen 18.69% since September 16, 2017 and is uptrending. It has outperformed by 3.07% the S&P500.

The Wendy's Company, through its subsidiaries, operates as a quick-service restaurant firm in the hamburger sandwich segment worldwide. The company has market cap of $4.16 billion. It is involved in operating, developing, and franchising a system of quick-service restaurants. It has a 19.59 P/E ratio. 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.

Another recent and important The Wendy's Company (NASDAQ:WEN) news was published by which published an article titled: “The Only Winner in the Latest Burger War Is You” on September 13, 2018.

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

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