Teachers Advisors LLC Purchases 1,106 Shares of Wingstop Inc (WING)

Share on StockTwits

Teachers Advisors LLC grew its position in shares of Wingstop Inc (NASDAQ:WING) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,860 shares of the restaurant operator’s stock after acquiring an additional 1,106 shares during the quarter. Teachers Advisors LLC owned 0.19% of Wingstop worth $3,745,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in WING. Alliancebernstein L.P. boosted its position in Wingstop by 830.3% during the 3rd quarter. Alliancebernstein L.P. now owns 795,240 shares of the restaurant operator’s stock worth $54,291,000 after acquiring an additional 709,760 shares during the last quarter. Renaissance Technologies LLC boosted its position in Wingstop by 124.7% during the 3rd quarter. Renaissance Technologies LLC now owns 556,900 shares of the restaurant operator’s stock worth $38,020,000 after acquiring an additional 309,100 shares during the last quarter. Eagle Asset Management Inc. boosted its position in Wingstop by 41.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 831,434 shares of the restaurant operator’s stock worth $56,761,000 after acquiring an additional 241,596 shares during the last quarter. Carillon Tower Advisers Inc. boosted its position in Wingstop by 38.5% during the 3rd quarter. Carillon Tower Advisers Inc. now owns 712,878 shares of the restaurant operator’s stock worth $48,668,000 after acquiring an additional 198,092 shares during the last quarter. Finally, WINTON GROUP Ltd boosted its position in Wingstop by 1,327.0% during the 3rd quarter. WINTON GROUP Ltd now owns 201,672 shares of the restaurant operator’s stock worth $13,768,000 after acquiring an additional 187,539 shares during the last quarter.

In other Wingstop news, Chairman Charles R. Morrison sold 20,000 shares of the firm’s stock in a transaction on Tuesday, January 15th. The stock was sold at an average price of $66.33, for a total transaction of $1,326,600.00. Following the completion of the sale, the chairman now owns 123,152 shares of the company’s stock, valued at approximately $8,168,672.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lawrence Kruguer sold 2,600 shares of the firm’s stock in a transaction on Monday, January 7th. The shares were sold at an average price of $62.41, for a total value of $162,266.00. Following the sale, the insider now directly owns 5,531 shares of the company’s stock, valued at approximately $345,189.71. The disclosure for this sale can be found here. In the last three months, insiders sold 25,263 shares of company stock valued at $1,662,121. 1.70% of the stock is currently owned by insiders.

A number of equities analysts have weighed in on the company. BidaskClub downgraded Wingstop from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, January 29th. Zacks Investment Research raised Wingstop from a “sell” rating to a “hold” rating in a research report on Saturday, January 12th. Wedbush raised Wingstop from a “neutral” rating to an “outperform” rating and reduced their price target for the stock from $71.00 to $69.00 in a research report on Friday, December 28th. Stifel Nicolaus downgraded Wingstop from a “buy” rating to a “hold” rating and reduced their price target for the stock from $80.00 to $75.00 in a research report on Tuesday, October 23rd. Finally, Gordon Haskett assumed coverage on Wingstop in a research report on Thursday, October 18th. They set a “buy” rating and a $81.00 price target for the company. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Wingstop has an average rating of “Hold” and a consensus target price of $65.79.

NASDAQ WING opened at $69.40 on Tuesday. The company has a market capitalization of $2.01 billion, a PE ratio of 93.78, a P/E/G ratio of 4.00 and a beta of 0.88. Wingstop Inc has a 12 month low of $41.76 and a 12 month high of $75.58.

ILLEGAL ACTIVITY NOTICE: “Teachers Advisors LLC Purchases 1,106 Shares of Wingstop Inc (WING)” was reported by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at https://www.tickerreport.com/banking-finance/4146123/teachers-advisors-llc-purchases-1106-shares-of-wingstop-inc-wing.html.

Wingstop Profile

Wingstop Inc, together with its subsidiaries, franchises and operates restaurants under the Wingstop brand name. Its restaurants offer cooked-to-order, hand-sauced, and tossed chicken wings. As of February 22, 2018, the company operated approximately 1,000 restaurants the United States, Mexico, Singapore, the Philippines, Indonesia, the United Arab Emirates, Malaysia, Saudi Arabia, and Colombia.

Read More: Is a Roth IRA right for you?

Institutional Ownership by Quarter for Wingstop (NASDAQ:WING)

Receive News & Ratings for Wingstop Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wingstop and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Raytheon  is Stanley Laman Group Ltd.’s 3rd Largest Position
Raytheon is Stanley Laman Group Ltd.’s 3rd Largest Position
Stanley Laman Group Ltd. Invests $4.35 Million in CDK Global Inc  Stock
Stanley Laman Group Ltd. Invests $4.35 Million in CDK Global Inc Stock
Stanley Laman Group Ltd. Sells 1,238 Shares of IBM
Stanley Laman Group Ltd. Sells 1,238 Shares of IBM
Stanley Laman Group Ltd. Takes Position in EOG Resources Inc
Stanley Laman Group Ltd. Takes Position in EOG Resources Inc
JPMorgan Ultra-Short Income ETF  Stake Raised by LexAurum Advisors LLC
JPMorgan Ultra-Short Income ETF Stake Raised by LexAurum Advisors LLC
Ramsey Quantitative Systems Sells 3,324 Shares of Santander Consumer USA Holdings Inc
Ramsey Quantitative Systems Sells 3,324 Shares of Santander Consumer USA Holdings Inc


Leave a Reply

© 2006-2019 Ticker Report