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Vanguard Group Inc. Sells 15,751 Shares of Wingstop Inc. $WING

Wingstop logo with Retail/Wholesale background
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Key Points

  • Vanguard Group Inc. trimmed its stake in Wingstop by 0.6% in Q4, selling 15,751 shares and now owning 2,604,747 shares (about 9.37% of the company) valued at roughly $621.2 million.
  • Wingstop cut its full‑year same‑store sales outlook and reported soft Q1 sales amid consumer and macro headwinds (including geopolitical concerns and higher gas prices), triggering a stock selloff and analyst price‑target cuts (e.g., BTIG to $305, Wells Fargo to $200, RBC to $250).
  • Operationally, Wingstop beat Q1 EPS expectations ($1.18 vs. $1.02) but missed revenue estimates, is pursuing unit expansion and new promotions like the limited‑time "Citrus Mojo" flavor, and declared a $0.30 quarterly dividend (0.7% yield).
  • Interested in Wingstop? Here are five stocks we like better.

Vanguard Group Inc. cut its position in Wingstop Inc. (NASDAQ:WING - Free Report) by 0.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,604,747 shares of the restaurant operator's stock after selling 15,751 shares during the quarter. Vanguard Group Inc. owned 9.37% of Wingstop worth $621,206,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Rakuten Securities Inc. increased its stake in shares of Wingstop by 197.9% in the fourth quarter. Rakuten Securities Inc. now owns 143 shares of the restaurant operator's stock valued at $34,000 after buying an additional 95 shares during the period. B. Metzler seel. Sohn & Co. AG increased its stake in shares of Wingstop by 5.5% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 20,039 shares of the restaurant operator's stock valued at $4,779,000 after buying an additional 1,049 shares during the period. M&T Bank Corp increased its stake in shares of Wingstop by 376.9% in the fourth quarter. M&T Bank Corp now owns 4,903 shares of the restaurant operator's stock valued at $1,169,000 after buying an additional 3,875 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Wingstop by 8.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,774 shares of the restaurant operator's stock valued at $1,377,000 after buying an additional 438 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Wingstop by 2,955.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 50,328 shares of the restaurant operator's stock valued at $12,003,000 after buying an additional 48,681 shares during the period.

Wingstop News Roundup

Here are the key news stories impacting Wingstop this week:

Analyst Ratings Changes

WING has been the subject of several recent research reports. Melius Research set a $350.00 price target on Wingstop in a research note on Tuesday, January 20th. Wells Fargo & Company decreased their price target on Wingstop from $225.00 to $200.00 and set an "overweight" rating for the company in a research note on Thursday. Royal Bank Of Canada decreased their price target on Wingstop from $275.00 to $250.00 and set an "outperform" rating for the company in a research note on Thursday. Morgan Stanley reissued an "overweight" rating and issued a $255.00 price target on shares of Wingstop in a research note on Thursday. Finally, Barclays decreased their price target on Wingstop from $330.00 to $235.00 and set an "overweight" rating for the company in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $283.79.

View Our Latest Analysis on Wingstop

Wingstop Price Performance

NASDAQ WING opened at $160.73 on Monday. The business has a 50 day simple moving average of $195.85 and a 200 day simple moving average of $233.46. Wingstop Inc. has a one year low of $142.24 and a one year high of $388.14. The stock has a market capitalization of $4.38 billion, a P/E ratio of 39.98, a P/E/G ratio of 1.80 and a beta of 1.86.

Wingstop (NASDAQ:WING - Get Free Report) last released its earnings results on Wednesday, April 29th. The restaurant operator reported $1.18 EPS for the quarter, topping the consensus estimate of $1.02 by $0.16. Wingstop had a negative return on equity of 16.22% and a net margin of 15.77%.The business had revenue of $183.73 million during the quarter, compared to analysts' expectations of $187.82 million. During the same quarter last year, the firm posted $0.99 earnings per share. The firm's revenue was up 7.4% on a year-over-year basis. Equities analysts expect that Wingstop Inc. will post 4.57 earnings per share for the current year.

Wingstop Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Shareholders of record on Friday, May 15th will be issued a $0.30 dividend. The ex-dividend date is Friday, May 15th. This represents a $1.20 annualized dividend and a yield of 0.7%. Wingstop's dividend payout ratio is presently 29.85%.

Insider Activity at Wingstop

In other Wingstop news, Director Wesley S. Mcdonald sold 566 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $250.00, for a total value of $141,500.00. Following the transaction, the director owned 4,375 shares in the company, valued at approximately $1,093,750. This represents a 11.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kilandigalu Madati sold 2,700 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $260.73, for a total value of $703,971.00. Following the completion of the transaction, the director owned 2,583 shares in the company, valued at approximately $673,465.59. The trade was a 51.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.53% of the stock is currently owned by corporate insiders.

Wingstop Profile

(Free Report)

Wingstop Inc NASDAQ: WING is a fast-casual restaurant chain specializing in chicken wings and related menu items. Founded in 1994 in Garland, Texas, the company has built its brand around bold, chef-inspired wing flavors and a streamlined service model that caters to dine-in, takeout, delivery and catering orders.

The company's core offerings include both bone-in and boneless chicken wings tossed in a variety of proprietary rubs and sauces, such as Original Hot, Lemon Pepper, and Mango Habanero.

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Want to see what other hedge funds are holding WING? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wingstop Inc. (NASDAQ:WING - Free Report).

Institutional Ownership by Quarter for Wingstop (NASDAQ:WING)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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