Janus Henderson Group PLC Purchases 812 Shares of Wingstop Inc. (NASDAQ:WING)

Janus Henderson Group PLC lifted its holdings in Wingstop Inc. (NASDAQ:WING - Free Report) by 4.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,880 shares of the restaurant operator's stock after purchasing an additional 812 shares during the quarter. Janus Henderson Group PLC owned 0.06% of Wingstop worth $5,079,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Ensign Peak Advisors Inc grew its stake in shares of Wingstop by 36.0% in the 4th quarter. Ensign Peak Advisors Inc now owns 36,780 shares of the restaurant operator's stock worth $10,453,000 after buying an additional 9,735 shares in the last quarter. FORA Capital LLC lifted its holdings in shares of Wingstop by 97.3% in the 4th quarter. FORA Capital LLC now owns 12,670 shares of the restaurant operator's stock valued at $3,601,000 after acquiring an additional 6,249 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Wingstop by 18.4% in the 4th quarter. Deutsche Bank AG now owns 20,152 shares of the restaurant operator's stock valued at $5,727,000 after acquiring an additional 3,135 shares during the last quarter. Cetera Investment Advisers grew its position in Wingstop by 9.3% in the fourth quarter. Cetera Investment Advisers now owns 3,144 shares of the restaurant operator's stock worth $894,000 after acquiring an additional 268 shares in the last quarter. Finally, Centiva Capital LP increased its stake in Wingstop by 182.7% during the fourth quarter. Centiva Capital LP now owns 10,535 shares of the restaurant operator's stock worth $2,994,000 after acquiring an additional 6,808 shares during the last quarter.

Wingstop Price Performance

Shares of Wingstop stock opened at $321.08 on Monday. The stock has a market cap of $8.96 billion, a price-to-earnings ratio of 86.54, a PEG ratio of 2.27 and a beta of 1.80. The firm's 50-day moving average is $238.85 and its two-hundred day moving average is $274.72. Wingstop Inc. has a 1 year low of $204.00 and a 1 year high of $433.86.

Wingstop (NASDAQ:WING - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, beating 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 company's quarterly revenue was up 17.4% on a year-over-year basis. During the same period last year, the firm earned $0.98 earnings per share. On average, equities analysts expect that Wingstop Inc. will post 4.18 earnings per share for the current year.

Wingstop Announces Dividend

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

Insider Buying and Selling at Wingstop

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

Wall Street Analyst Weigh In

WING has been the subject of several analyst reports. Guggenheim raised their price objective on Wingstop from $280.00 to $325.00 and gave the company a "buy" rating in a research note on Friday, May 9th. Northcoast Research downgraded Wingstop from a "buy" rating to a "neutral" rating in a research report on Friday, February 21st. Raymond James reaffirmed an "outperform" rating and set a $330.00 price objective (down from $375.00) on shares of Wingstop in a research note on Tuesday, January 28th. Sanford C. Bernstein reissued an "overweight" rating and issued a $360.00 target price on shares of Wingstop in a research note on Wednesday. Finally, The Goldman Sachs Group lifted their price target on shares of Wingstop from $280.00 to $310.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $331.78.

About Wingstop

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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