Trending Stock News

Nicholas Investment Partners LP Has Increased Position in Wendys Co (WEN) by $848,544; Mangrove Partners Upped Its Equity Comwlth (EQC) Holding by $13.21 Million

Equity Commonwealth (NYSE:EQC) Logo

Nicholas Investment Partners Lp increased its stake in Wendys Co (WEN) by 20.24% based on its latest 2017Q4 regulatory filing with the SEC. Nicholas Investment Partners Lp bought 53,034 shares as the company’s stock rose 4.38% while stock markets declined. The institutional investor held 315,113 shares of the restaurants company at the end of 2017Q4, valued at $5.17M, up from 262,079 at the end of the previous reported quarter. Nicholas Investment Partners Lp who had been investing in Wendys Co for a number of months, seems to be bullish on the $3.88 billion market cap company. The stock decreased 1.40% or $0.23 during the last trading session, reaching $16.23. About 2.58 million shares traded. The Wendy's Company (NASDAQ:WEN) has risen 28.35% since May 22, 2017 and is uptrending. It has outperformed by 16.80% the S&P500.

Nathaniel August increased its stake in Equity Comwlth (EQC) by 23.23% based on its latest 2017Q4 regulatory filing with the SEC. Mangrove Partners bought 440,458 shares as the company’s stock declined 0.50% with the market. The hedge fund run by Nathaniel August held 2.34 million shares of the real estate investment trusts company at the end of 2017Q4, valued at $71.29M, up from 1.90M at the end of the previous reported quarter. Mangrove Partners who had been investing in Equity Comwlth for a number of months, seems to be bullish on the $3.71B market cap company. The stock decreased 0.16% or $0.05 during the last trading session, reaching $30.53. About 624,406 shares traded. Equity Commonwealth (NYSE:EQC) has declined 3.67% since May 22, 2017 and is downtrending. It has underperformed by 15.22% the S&P500.

Nicholas Investment Partners Lp, which manages about $1.37 billion and $1.52B US Long portfolio, decreased its stake in Puma Biotechnology Inc (NYSE:PBYI) by 42,752 shares to 45,453 shares, valued at $4.49 million in 2017Q4, according to the filing. It also reduced its holding in Navistar Intl Corp New (Prn) by 3.00M shares in the quarter, leaving it with 4.25 million shares, and cut its stake in Acxiom Corp (NASDAQ:ACXM).

Among 22 analysts covering Wendy’s (NASDAQ:WEN), 13 have Buy rating, 1 Sell and 8 Hold. Therefore 59% are positive. Wendy’s had 56 analyst reports since August 6, 2015 according to SRatingsIntel. On Wednesday, September 20 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, December 21. The rating was upgraded by Nomura to “Buy” on Monday, January 4. The firm has “Buy” rating given on Wednesday, December 20 by Wedbush. The rating was maintained by Goldman Sachs with “Neutral” on Thursday, August 27. The stock of The Wendy's Company (NASDAQ:WEN) earned “Neutral” rating by Longbow on Friday, January 6. The firm earned “Neutral” rating on Thursday, November 9 by Nomura. The firm earned “Buy” rating on Wednesday, August 19 by Vetr. As per Wednesday, October 5, the company rating was maintained by Citigroup. The rating was upgraded by Argus Research to “Buy” on Friday, November 25.

Investors sentiment increased to 0.94 in 2017 Q4. Its up 0.15, from 0.79 in 2017Q3. It improved, as 22 investors sold WEN shares while 86 reduced holdings. 34 funds opened positions while 67 raised stakes. 184.69 million shares or 1.83% more from 181.38 million shares in 2017Q3 were reported. Royal Financial Bank Of Canada holds 0% or 35,112 shares. Franklin Resources Inc stated it has 0% of its portfolio in The Wendy's Company (NASDAQ:WEN). Legal General Gp Public Limited holds 0% or 251,993 shares in its portfolio. Assetmark invested 0% of its portfolio in The Wendy's Company (NASDAQ:WEN). Brown Brothers Harriman Communication accumulated 50 shares. Tokio Marine Asset Limited accumulated 0.25% or 100,300 shares. Jpmorgan Chase holds 0% of its portfolio in The Wendy's Company (NASDAQ:WEN) for 845,439 shares. Boyar Asset Management Incorporated owns 115,760 shares. Moreover, Stifel Financial has 0% invested in The Wendy's Company (NASDAQ:WEN) for 11,854 shares. The Utah-based Utah Retirement has invested 0.01% in The Wendy's Company (NASDAQ:WEN). Dimensional Fund Advisors Limited Partnership owns 0.04% invested in The Wendy's Company (NASDAQ:WEN) for 6.51 million shares. Hightower Advsr Ltd Liability holds 0% of its portfolio in The Wendy's Company (NASDAQ:WEN) for 33,588 shares. Mason Street Advisors Ltd reported 0.03% stake. Moreover, Dubuque Natl Bank & Tru has 0% invested in The Wendy's Company (NASDAQ:WEN) for 105 shares. Hanseatic Incorporated accumulated 3,249 shares.

Since February 26, 2018, it had 1 insider purchase, and 11 selling transactions for $619.27 million activity. 2.41M The Wendy's Company (NASDAQ:WEN) shares with value of $39.52 million were sold by PELTZ NELSON. $82.50 million worth of stock was sold by GARDEN EDWARD P on Monday, February 26. On Thursday, March 8 Brolick Emil J. sold $9.26 million worth of The Wendy's Company (NASDAQ:WEN) or 540,540 shares. $39.52M worth of stock was sold by Peltz Matthew H. on Monday, May 14. Plosch Gunther had bought 5,000 shares worth $83,109 on Wednesday, March 7. 2.41 million shares were sold by TRIAN FUND MANAGEMENT – L.P., worth $39.52M.

More news for The Wendy's Company (NASDAQ:WEN) were recently published by: Seekingalpha.com, which released: “Dave & Buster’s: It’s All Fun And Games With Nearly 30% Upside” on May 22, 2018. Bizjournals.com‘s article titled: “Coca-Cola adds McDonald’s to ‘exclusive drink’ Rolodex” and published on May 22, 2018 is yet another important article.

Among 4 analysts covering Equity Commonwealth (NYSE:EQC), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Equity Commonwealth had 11 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by JMP Securities with “Market Outperform” on Tuesday, May 8. As per Monday, September 18, the company rating was maintained by Stifel Nicolaus. Stifel Nicolaus downgraded the shares of EQC in report on Friday, November 6 to “Hold” rating. The firm has “Buy” rating given on Friday, February 16 by Stifel Nicolaus. The rating was maintained by Citigroup with “Neutral” on Thursday, September 1. The stock of Equity Commonwealth (NYSE:EQC) has “Buy” rating given on Monday, August 15 by Bank of America. The firm earned “Sell” rating on Monday, August 10 by Zacks. The firm has “Hold” rating given on Friday, July 14 by Stifel Nicolaus. As per Wednesday, September 9, the company rating was upgraded by Bank of America. Citigroup upgraded Equity Commonwealth (NYSE:EQC) rating on Monday, September 14. Citigroup has “Neutral” rating and $26 target.

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

Leave a Reply

Your email address will not be published. Required fields are marked *