1 week Ago By Defense World Staff
Prudential Financial Inc. lessened its stake in shares of Wingstop Inc. (NASDAQ:WING – Free Report) by 48.
5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,387 shares of the restaurant operator’s stock after selling 1,305 shares during the period. Prudential Financial Inc.
’s holdings in Wingstop were worth $394,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds and other institutional investors have also recently bought and sold shares of WING. LPL Financial LLC lifted its position in shares of Wingstop by 40.
8% in the fourth quarter. LPL Financial LLC now owns 16,960 shares of the restaurant operator’s stock valued at $4,820,000 after acquiring an additional 4,918 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Wingstop in the 4th quarter valued at $1,677,000.
Sei Investments Co. boosted its stake in Wingstop by 20.7% during the 4th quarter.
Sei Investments Co. now owns 102,923 shares of the restaurant operator’s stock worth $29,251,000 after purchasing an additional 17,649 shares during the last quarter. American Century Companies Inc.
boosted its stake in Wingstop by 1.9% during the 4th quarter. American Century Companies Inc.
now owns 1,206,062 shares of the restaurant operator’s stock worth $342,763,000 after purchasing an additional 22,552 shares during the last quarter. Finally, Virtu Financial LLC lifted its stake in shares of Wingstop by 62.7% in the fourth quarter.
Virtu Financial LLC now owns 1,551 shares of the restaurant operator’s stock worth $441,000 after buying an additional 598 shares in the last quarter. Wingstop Trading Up 11.1 %Shares of NASDAQ WING opened at $246.
22 on Thursday. The stock has a market cap of $6.87 billion, a P/E ratio of 66.
37, a PEG ratio of 2.27 and a beta of 2.02.
The business’s fifty day simple moving average is $246.02 and its 200-day simple moving average is $300.92.
Wingstop Inc. has a 12-month low of $205.60 and a 12-month high of $433.
86. Wingstop Dividend AnnouncementThe business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 7th were paid a $0.
27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.
44%. The ex-dividend date of this dividend was Friday, March 7th. Wingstop’s payout ratio is presently 29.
11%. Wall Street Analysts Forecast GrowthWING has been the subject of a number of recent research reports. Jefferies Financial Group upgraded shares of Wingstop from a “hold” rating to a “buy” rating and set a $270.
00 price objective for the company in a report on Monday, March 31st. Raymond James reaffirmed an “outperform” rating and issued a $330.00 price target (down previously from $375.
00) on shares of Wingstop in a report on Tuesday, January 28th. BTIG Research reissued a “buy” rating on shares of Wingstop in a research note on Tuesday, March 25th. Northcoast Research downgraded Wingstop from a “buy” rating to a “neutral” rating in a research note on Friday, February 21st.
Finally, Robert W. Baird reduced their price target on Wingstop from $375.00 to $350.
00 and set an “outperform” rating on the stock in a report on Monday. Six investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to data from MarketBeat.
com, the stock has an average rating of “Moderate Buy” and a consensus price target of $348.23.Read Our Latest Stock Analysis on WINGWingstop Company Profile (Free Report)Wingstop Inc, together with its subsidiaries, franchises and operates restaurants under the Wingstop brand.
Its restaurants offer classic wings, boneless wings, tenders, and hand-sauced-and-tossed in various flavors, as well as chicken sandwiches with fries and hand-cut carrots and celery that are cooked-to-order.Recommended StoriesFive stocks we like better than WingstopInsider Trades May Not Tell You What You ThinkQuantum Computing: The $6.5 Billion Opportunity You Can’t IgnoreHow to Read Stock Charts for BeginnersAre Tariffs Threatening Disney’s Comeback Story?What is the Australian Securities Exchange (ASX) Is Alphabet a Generational Buying Opportunity at These Levels?.
