Wendy’s Company (The) (NASDAQ:WEN) saw unusually large options trading activity on Thursday. Traders purchased 9,652 call options on the company. This represents an increase of Infinity compared to the typical daily volume of 0 call options.

In other news, insider E.J. Wunsch sold 3,548 shares of the firm’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $15.43, for a total value of $54,745.64. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Scott A. Weisberg purchased 10,000 shares of Wendy’s Company (The) stock in a transaction dated Monday, November 13th. The stock was acquired at an average price of $14.29 per share, for a total transaction of $142,900.00. Following the completion of the transaction, the insider now owns 199,014 shares in the company, valued at approximately $2,843,910.06. The disclosure for this purchase can be found here. Company insiders own 26.50% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. WFG Advisors LP raised its position in shares of Wendy’s Company (The) by 50.2% during the 2nd quarter. WFG Advisors LP now owns 7,017 shares of the restaurant operator’s stock worth $109,000 after buying an additional 2,344 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Wendy’s Company (The) by 10.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,495 shares of the restaurant operator’s stock worth $116,000 after purchasing an additional 692 shares during the last quarter. Riverhead Capital Management LLC grew its stake in shares of Wendy’s Company (The) by 75.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 9,312 shares of the restaurant operator’s stock worth $144,000 after purchasing an additional 4,012 shares during the last quarter. Sigma Planning Corp grew its stake in shares of Wendy’s Company (The) by 0.5% in the 2nd quarter. Sigma Planning Corp now owns 11,222 shares of the restaurant operator’s stock worth $174,000 after purchasing an additional 51 shares during the last quarter. Finally, Sheaff Brock Investment Advisors LLC acquired a new position in shares of Wendy’s Company (The) in the 2nd quarter worth approximately $219,000. Institutional investors own 76.14% of the company’s stock.

Shares of Wendy’s Company (WEN) opened at $14.08 on Friday. Wendy’s Company has a 52-week low of $12.12 and a 52-week high of $16.66. The company has a market cap of $3,470.00, a PE ratio of 35.02, a price-to-earnings-growth ratio of 2.53 and a beta of 0.94. The company has a debt-to-equity ratio of 5.83, a quick ratio of 1.78 and a current ratio of 1.80.

Wendy’s Company (The) (NASDAQ:WEN) last released its quarterly earnings results on Wednesday, November 8th. The restaurant operator reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). Wendy’s Company (The) had a return on equity of 20.35% and a net margin of 5.20%. The company had revenue of $308.00 million for the quarter. During the same quarter last year, the business earned $0.11 EPS. The company’s quarterly revenue was down 15.4% compared to the same quarter last year. sell-side analysts anticipate that Wendy’s Company will post 0.44 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.99%. Wendy’s Company (The)’s dividend payout ratio (DPR) is 112.00%.

A number of research analysts have recently issued reports on the stock. TheStreet downgraded shares of Wendy’s Company (The) from a “b-” rating to a “c+” rating in a research report on Wednesday, November 8th. BMO Capital Markets reduced their price target on shares of Wendy’s Company (The) from $19.00 to $17.00 and set an “outperform” rating on the stock in a research report on Thursday, November 9th. Credit Suisse Group reduced their price target on shares of Wendy’s Company (The) from $15.75 to $15.00 and set a “neutral” rating on the stock in a research report on Thursday, November 9th. Nomura reduced their price target on shares of Wendy’s Company (The) from $15.00 to $14.50 and set a “neutral” rating on the stock in a research report on Thursday, November 9th. Finally, Morgan Stanley lifted their price objective on shares of Wendy’s Company (The) from $16.00 to $17.00 and gave the company an “underweight” rating in a research report on Thursday, November 9th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.97.

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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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