3,876 Shares in Wingstop Inc. (NASDAQ:WING) Bought by Nomura Holdings Inc.

Nomura Holdings Inc. purchased a new position in shares of Wingstop Inc. (NASDAQ:WING - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 3,876 shares of the restaurant operator's stock, valued at approximately $1,102,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in Wingstop by 521.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 87 shares of the restaurant operator's stock worth $25,000 after purchasing an additional 73 shares during the last quarter. CBIZ Investment Advisory Services LLC grew its position in Wingstop by 62.5% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 91 shares of the restaurant operator's stock worth $26,000 after purchasing an additional 35 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Wingstop during the 4th quarter worth $30,000. V Square Quantitative Management LLC grew its position in Wingstop by 34.9% during the 4th quarter. V Square Quantitative Management LLC now owns 143 shares of the restaurant operator's stock worth $41,000 after purchasing an additional 37 shares during the last quarter. Finally, Quarry LP purchased a new position in Wingstop during the 4th quarter worth $41,000.

Wingstop Trading Up 4.1%

WING stock opened at $321.08 on Monday. The company has a market cap of $8.96 billion, a P/E ratio of 86.54, a P/E/G ratio of 2.27 and a beta of 1.80. Wingstop Inc. has a 52 week low of $204.00 and a 52 week high of $433.86. The company's 50-day moving average price is $238.85 and its 200 day moving average price is $274.72.

Wingstop (NASDAQ:WING - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The restaurant operator reported $0.99 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.15. The firm had revenue of $171.09 million for the quarter, compared to the consensus estimate of $172.25 million. Wingstop had a net margin of 17.37% and a negative return on equity of 21.59%. The firm's revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.98 earnings per share. On average, equities research analysts expect that Wingstop Inc. will post 4.18 earnings per share for the current year.

Wingstop Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 6th. Investors of record on Friday, May 16th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date is Friday, May 16th. Wingstop's dividend payout ratio is currently 18.09%.

Analyst Ratings Changes

Several research analysts have issued reports on WING shares. Sanford C. Bernstein reissued an "overweight" rating and set a $360.00 price objective on shares of Wingstop in a research report on Wednesday. UBS Group lowered their price objective on shares of Wingstop from $300.00 to $255.00 and set a "neutral" rating on the stock in a research report on Monday, April 28th. Wedbush lowered their price objective on shares of Wingstop from $390.00 to $355.00 and set an "outperform" rating on the stock in a research report on Thursday, February 20th. BTIG Research reissued a "buy" rating on shares of Wingstop in a research report on Tuesday, March 25th. Finally, Wells Fargo & Company raised their price objective on shares of Wingstop from $300.00 to $320.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 14th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $331.78.

Insider Buying and Selling

In other Wingstop news, SVP Raj Kapoor sold 637 shares of Wingstop stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $273.07, for a total transaction of $173,945.59. Following the completion of the transaction, the senior vice president now owns 517 shares in the company, valued at approximately $141,177.19. The trade was a 55.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.72% of the stock is owned by insiders.

Wingstop Profile

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.

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