Wendys Co (WEN) Shares Declined While Pax World Management LLC Increased by $9.85 Million Its Stake

During Q2 2018 the big money sentiment increased to 1.09. That’s change of 0.14, from 2018Q1’s 0.95. 26 investors sold all, 79 reduced holdings as WEN ratio increased. 68 grew holdings while 46 funds acquired holdings. Funds hold 186.43 million shares thus 1.41% more from 2018Q1’s 183.84 million shares. Brown Brothers Harriman holds 0% of its capital in The Wendy's Company (NASDAQ:WEN) for 300 shs. Creative Planning reported 0.01% in The Wendy's Company (NASDAQ:WEN). Becker Cap holds 13,765 shs or 0.01% of its capital. M&T Bank & Trust holds 0% of its capital in The Wendy's Company (NASDAQ:WEN) for 14,060 shs. Price T Rowe Associates Md accumulated 86,333 shs or 0% of the stock. Walleye Trading Ltd reported 170,731 shs stake. Washington Tru has invested 0% of its capital in The Wendy's Company (NASDAQ:WEN). Moreover, Tokio Marine Asset Mngmt has 0.13% invested in The Wendy's Company (NASDAQ:WEN). Citadel Advsrs Ltd Limited Liability Company has invested 0.07% in The Wendy's Company (NASDAQ:WEN). Swiss Retail Bank invested in 338,900 shs or 0.01% of the stock. Sigma Planning Corp, Michigan-based fund reported 14,393 shs. 64,196 are owned by Aspiriant Ltd Liability Com. Pnc Fincl Services accumulated 56,301 shs. Johnson Investment Counsel accumulated 12,603 shs or 0.01% of the stock. Legal & General Group Public Ltd accumulated 238,504 shs.

Based on the latest 2018Q2 regulatory filing with the SEC, Pax World Management Llc upped its holdings in Wendys Co (WEN) by 122.88%. 579,409 shares were bought by Pax World Management Llc as the company’s stock declined 0.28% while stock markets rallied. At the end of 2018Q2, the 1.05 million shares of the restaurants company held by the institutional investor were priced at $18.06M, up from 471,535 at the end of the previous reported quarter. Wendys Co has $4.13 billion market cap. Ticker’s shares touched $17.42 during the last trading session after 3.44% change.The Wendy's Company is uptrending after having risen 18.69% since November 10, 2017. WEN has 5.98 million volume or 52.86% up from normal. The stock outperformed the S&P 500 by 3.07%.

A portfolio of $3.21 billion and $1.69 billion is managed by Pax World Management Llc. As it’s issued in SEC form the stake in Johnson & Johnson (NYSE:JNJ) is reduced by 134,757 shares to 31,751 shares. They are valued at $3.85 million in 2018Q2. For a total of 254,141 shares it reduced its holding in Korn Ferry Intl (NYSE:KFY) by 78,303 shares in the quarter, and has cut its stake in Prudential Finl Inc (NYSE:PRU).

A couple more The Wendy's Company (NASDAQ:WEN) news were posted by: Nasdaq.com which released on November 08, 2018 “Wendy’s Frosty Key Tag 2019: $2 Gets You Frosties for a Year”, also Benzinga.com on November 06, 2018 posted “Q3 Earnings Preview For Wendy’s”, the next Benzinga.com is “Analysts Weigh In On Wendy’s Quarter, Sales Decline” on November 08, 2018. Streetinsider.com has article titled “Wendy’s (WEN) PT Lowered to $20 at Mizuho Securities”.

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

A total of 8 analysts rate Wendy’s (NASDAQ:WEN) as follows: 4 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:WEN) has 8 ratings reports on 10 Nov 2018 according to StockzIntelligence. On Friday, August 17 the stock has “Neutral” rating by Bank of America. On Tuesday, June 19 the company was maintained by Citigroup. In Friday, August 17 report Morgan Stanley maintained the stock with “Equal-Weight” rating. On Thursday, November 8 the rating was maintained by Wells Fargo with “Market Perform”.

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

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