PEAK6 Investments L.P. acquired a new position in shares of Wingstop Inc (NASDAQ:WING) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 14,102 shares of the restaurant operator’s stock, valued at approximately $550,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sei Investments Co. purchased a new position in Wingstop during the 3rd quarter worth $495,000. ETRADE Capital Management LLC purchased a new position in Wingstop during the 3rd quarter worth $360,000. Engineers Gate Manager LP boosted its holdings in Wingstop by 38.0% during the 4th quarter. Engineers Gate Manager LP now owns 60,315 shares of the restaurant operator’s stock worth $2,351,000 after acquiring an additional 16,606 shares during the last quarter. BNP Paribas Arbitrage SA boosted its holdings in Wingstop by 68.0% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 15,084 shares of the restaurant operator’s stock worth $502,000 after acquiring an additional 6,105 shares during the last quarter. Finally, Lisanti Capital Growth LLC boosted its holdings in Wingstop by 3.1% during the 4th quarter. Lisanti Capital Growth LLC now owns 72,945 shares of the restaurant operator’s stock worth $2,843,000 after acquiring an additional 2,165 shares during the last quarter.
In related news, insider Flynn Dekker sold 10,000 shares of the business’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $45.60, for a total value of $456,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael J. Hislop sold 5,000 shares of the business’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $48.30, for a total value of $241,500.00. The disclosure for this sale can be found here. Insiders have sold a total of 17,770 shares of company stock worth $827,718 over the last quarter. Company insiders own 1.76% of the company’s stock.
Shares of Wingstop Inc (WING) opened at $48.85 on Thursday. The company has a market capitalization of $1,403.78, a price-to-earnings ratio of 65.16, a PEG ratio of 3.25 and a beta of 0.97. Wingstop Inc has a 52 week low of $25.43 and a 52 week high of $49.69. The company has a debt-to-equity ratio of -2.69, a quick ratio of 0.84 and a current ratio of 0.84.
Wingstop (NASDAQ:WING) last released its earnings results on Thursday, February 22nd. The restaurant operator reported $0.17 EPS for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.01. The company had revenue of $28.29 million for the quarter, compared to analysts’ expectations of $27.49 million. Wingstop had a negative return on equity of 37.25% and a net margin of 25.87%. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.15 EPS. research analysts predict that Wingstop Inc will post 0.76 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 9th will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Thursday, March 8th. Wingstop’s payout ratio is 22.58%.
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Wingstop Inc is franchisor and operator of restaurants that specializes in cooked-to-order, hand-sauced and tossed chicken wings. The Company operates through two segments: Franchise and Company. As of December 31, 2016, the Company offers its guests 11 flavors on bone-in and boneless chicken wings paired with hand-cut, seasoned fries and sides.
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