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

Big Money Sentiment increased to 1.09 in Q2 2018. It has change of 0.14, from 2018Q1’s 0.95. The ratio is positive due to WEN positioning: 26 sold and 79 reduced. 46 funds bought holdings and 68 increased holdings. Investors holded 183.84 million in 2018Q1 but now own 186.43 million shares or 1.41% more. Moreover, Amundi Pioneer Asset Management has 0% invested in The Wendy's Company (NASDAQ:WEN). Highland Cap Mngmt Limited Liability Corp reported 0.05% in The Wendy's Company (NASDAQ:WEN). 142 are held by Ruggie Cap. 9,050 are held by Huntington Financial Bank. The California-based Cap Fincl Advisers Limited Com has invested 0% in The Wendy's Company (NASDAQ:WEN). Neuberger Berman Grp Limited Liability Company invested in 523,848 shs. Automobile Association has invested 0.73% in The Wendy's Company (NASDAQ:WEN). 1.62M were reported by D E Shaw & Com Inc. Moreover, Riverhead Cap Llc has 0.01% invested in The Wendy's Company (NASDAQ:WEN) for 11,909 shs. Geode Capital Mngmt Limited Liability Company has 1.72 million shs for 0.01% of their capital. Great West Life Assurance Can owns 104,250 shs. Glenmede Na stated it has 3,800 shs or 0% of all its holdings. Boothbay Fund Management Lc reported 50,105 shs. Becker Capital Mgmt owns 0.01% invested in The Wendy's Company (NASDAQ:WEN) for 13,765 shs. Farmers And Merchants Invests stated it has 0% in The Wendy's Company (NASDAQ:WEN).

Pax World Management Llc upped its stake by 122.88% in Wendys Co (WEN), according to 2018Q2 SEC filling. By buying 579,409 shares Pax World Management Llc made the stock sank with 0.28%. The restaurants company reported $18.06M value for the 2018Q2. Now the institutional investor is holding 1.05M shares, compared to the 471,535 from the previous quarter. $4.13B is the MC of Wendys Co. WEN is reaching $17.42 during the last trading session, after increased 3.44%.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. WEN outperformed the S&P 500 by 3.07%.

According to a filing the Pax World Management Llc’s stake in Zoetis Inc (NYSE:ZTS) was decreased by 109,200 shares to 164,854 shares valued at $14.04M in 2018Q2. It operates about $3.21 billion and $1.69 billion US Long portfolio. Pax World Management Llc has cut its stake in White Mtns Ins Group Ltd (NYSE:WTM) and also reduced its holding in Home Depot Inc (NYSE:HD) by 16,491 shares in the quarter, for a total of 123,476 shares.

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

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 firm has “Equal-Weight” rating by Morgan Stanley given. On Thursday, November 8 Wells Fargo maintained The Wendy's Company (NASDAQ:WEN) with “Market Perform” rating. On Tuesday, June 19 the stock of The Wendy's Company (NASDAQ:WEN) earned “Buy” rating by Citigroup. On Friday, August 17 the firm has “Neutral” rating by Bank of America given.

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

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