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The Wendy's Company (NASDAQ:WEN) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA lowered its holdings in The Wendy’s Company (NASDAQ:WEN – Free Report) by 1.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,893,673 shares of the restaurant operator’s stock after selling 186,532 shares during the period. Massachusetts […]

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Wendy's (NASDAQ:WEN): This 5.2%-Yielding Dividend Stock Looks Juicy

Wendy’s (NASDAQ:WEN) stock has underperformed the market, but the stock has a lot of potential, starting with its 5.2% dividend yield. Contrarian investors will find that there’s quite a bit to like here. I’m bullish on the $3.9 billion fast food stock, given its juicy dividend yield, its relatively inexpensive valuation compared to its restaurant stock peers, and several catalysts that could lead to a turnaround, such as a new CEO taking over and new involvement from activist investors who coul

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Ibex Wealth Advisors Buys New Stake in The Wendy's Company (NASDAQ:WEN)

Ibex Wealth Advisors acquired a new stake in shares of The Wendy’s Company (NASDAQ:WEN – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 210,027 shares of the restaurant operator’s stock, valued at approximately $4,287,000. Ibex Wealth Advisors owned approximately 0.10% of […]

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The Wendy's Company (NASDAQ:WEN) Shares Acquired by VELA Investment Management LLC

VELA Investment Management LLC grew its stake in The Wendy’s Company (NASDAQ:WEN – Free Report) by 2.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,039 shares of the restaurant operator’s stock after acquiring an additional 2,497 shares during the quarter. […]

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Wendy's Names New President - Foodservice Equipment & Supplies

Former Pepsi executive Kirk Tanner will become president of Wendy’s, effective February 5, 2024. He replaces Todd Penegor, who will leave the company next month.

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