Analysts See $0.10 EPS for The Wendy's Company (WEN); Systematic Financial Management LP Has Trimmed Its Haemonetics Mass (HAE) Stake

April 17, 2018 - By Adrian Erickson

Haemonetics Corporation (NYSE:HAE) Logo

Systematic Financial Management Lp decreased Haemonetics Corp Mass (HAE) stake by 25.64% reported in 2017Q4 SEC filing. Systematic Financial Management Lp sold 9,065 shares as Haemonetics Corp Mass (HAE)’s stock rose 23.57%. The Systematic Financial Management Lp holds 26,295 shares with $1.53M value, down from 35,360 last quarter. Haemonetics Corp Mass now has $4.01B valuation. The stock increased 0.39% or $0.29 during the last trading session, reaching $75.04. About 161,733 shares traded. Haemonetics Corporation (NYSE:HAE) has risen 82.56% since April 17, 2017 and is uptrending. It has outperformed by 71.01% the S&P500.

Analysts expect The Wendy's Company (NASDAQ:WEN) to report $0.10 EPS on May, 8 after the close.They anticipate $0.01 EPS change or 11.11% from last quarter’s $0.09 EPS. WEN’s profit would be $23.94M giving it 43.14 P/E if the $0.10 EPS is correct. After having $0.11 EPS previously, The Wendy's Company’s analysts see -9.09% EPS growth. The stock decreased 0.26% or $0.045 during the last trading session, reaching $17.255. About 4.01 million shares traded or 0.58% up from the average. The Wendy's Company (NASDAQ:WEN) has risen 28.35% since April 17, 2017 and is uptrending. It has outperformed by 16.80% the S&P500.

The Wendy's Company, through its subsidiaries, operates as a quick-service restaurant firm worldwide. The company has market cap of $4.13 billion. It is involved in operating, developing, and franchising a system of quick-service restaurants. It has a 22.41 P/E ratio. The company??s restaurants offer a range of chicken breast sandwiches, chicken nuggets, chili, French fries, baked potatoes, salads, soft drinks, Frosty desserts, and kids?? meals.

Since February 26, 2018, it had 1 insider buy, and 6 insider sales for $421.68 million activity. Peltz Matthew H. had sold 5.00 million shares worth $82.50 million on Monday, February 26. $82.50M worth of stock was sold by GARDEN EDWARD P on Monday, February 26. TRIAN FUND MANAGEMENT – L.P. had sold 5.00 million shares worth $82.50M on Monday, February 26. $9.26 million worth of The Wendy's Company (NASDAQ:WEN) shares were sold by Brolick Emil J.. Shares for $82.50M were sold by PELTZ NELSON on Monday, February 26. On Monday, February 26 MAY PETER W sold $82.50 million worth of The Wendy's Company (NASDAQ:WEN) or 5.00 million shares. Plosch Gunther also bought $83,109 worth of The Wendy's Company (NASDAQ:WEN) shares.

Investors sentiment increased to 0.94 in Q4 2017. Its up 0.15, from 0.79 in 2017Q3. It increased, as 22 investors sold The Wendy's Company shares while 86 reduced holdings. 34 funds opened positions while 67 raised stakes. 184.69 million shares or 1.83% more from 181.38 million shares in 2017Q3 were reported. Assetmark invested 0% of its portfolio in The Wendy's Company (NASDAQ:WEN). Alliancebernstein Limited Partnership invested 0.01% of its portfolio in The Wendy's Company (NASDAQ:WEN). World Asset Mgmt has 14,152 shares for 0.01% of their portfolio. Jacobs Levy Equity stated it has 0.12% of its portfolio in The Wendy's Company (NASDAQ:WEN). Huntington Financial Bank accumulated 9,050 shares or 0% of the stock. Trian Fund Mgmt Ltd Partnership holds 39.04 million shares or 5.42% of its portfolio. Ameritas Investment Prtnrs owns 54,713 shares or 0.04% of their US portfolio. Virtu Limited Company stated it has 15,051 shares or 0.01% of all its holdings. Advantus Cap Mgmt Inc owns 22,373 shares. Eminence Capital Ltd Partnership owns 11.68M shares for 2.92% of their portfolio. Spears Abacus Advsrs Lc accumulated 10,267 shares or 0.02% of the stock. First Quadrant L P Ca, a California-based fund reported 354,222 shares. Ftb Advsr Inc holds 782 shares or 0% of its portfolio. Amalgamated Natl Bank accumulated 38,753 shares. Moreover, Manufacturers Life Ins The has 0.01% invested in The Wendy's Company (NASDAQ:WEN) for 302,481 shares.

Among 22 analysts covering Wendy’s (NASDAQ:WEN), 13 have Buy rating, 1 Sell and 8 Hold. Therefore 59% are positive. Wendy’s had 55 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of The Wendy's Company (NASDAQ:WEN) earned “Buy” rating by Evercore on Tuesday, April 5. Mizuho initiated the stock with “Buy” rating in Thursday, March 15 report. On Monday, March 5 the stock rating was maintained by Citigroup with “Buy”. The stock has “Neutral” rating by Guggenheim on Thursday, December 1. The stock of The Wendy's Company (NASDAQ:WEN) has “Buy” rating given on Thursday, August 11 by Goldman Sachs. The company was maintained on Thursday, November 9 by Credit Suisse. On Thursday, October 1 the stock rating was initiated by Nomura with “Neutral”. Vetr upgraded The Wendy's Company (NASDAQ:WEN) on Wednesday, August 19 to “Buy” rating. Longbow downgraded the shares of WEN in report on Friday, January 6 to “Neutral” rating. The firm has “Market Perform” rating by Bernstein given on Thursday, May 26.

Since January 2, 2018, it had 0 insider buys, and 3 sales for $484,765 activity. The insider Scanlan Jacqueline sold 114 shares worth $8,234. Another trade for 389 shares valued at $28,097 was made by Basil Michelle L on Tuesday, March 6. 7,118 shares valued at $448,434 were sold by KROLL MARK W on Tuesday, January 2.

Systematic Financial Management Lp increased Liberty Property Trust (Reit) (NYSE:LPT) stake by 67,725 shares to 1.43 million valued at $61.55 million in 2017Q4. It also upped Legg Mason Inc. (NYSE:LM) stake by 7,339 shares and now owns 324,893 shares. Silicon Motion Technology Corp (NASDAQ:SIMO) was raised too.

Analysts await Haemonetics Corporation (NYSE:HAE) to report earnings on May, 8 before the open. They expect $0.43 earnings per share, up 10.26% or $0.04 from last year’s $0.39 per share. HAE’s profit will be $22.98 million for 43.63 P/E if the $0.43 EPS becomes a reality. After $0.62 actual earnings per share reported by Haemonetics Corporation for the previous quarter, Wall Street now forecasts -30.65% negative EPS growth.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.17, from 1.28 in 2017Q3. It is negative, as 20 investors sold HAE shares while 77 reduced holdings. 48 funds opened positions while 60 raised stakes. 50.89 million shares or 3.15% less from 52.55 million shares in 2017Q3 were reported. North Star Asset Mngmt holds 3,800 shares or 0.02% of its portfolio. Jpmorgan Chase invested 0% of its portfolio in Haemonetics Corporation (NYSE:HAE). Arizona State Retirement Systems holds 88,775 shares or 0.05% of its portfolio. Columbia Wanger Asset Management Limited Liability Com invested in 907,049 shares or 0.79% of the stock. Shine Advisory, a Colorado-based fund reported 3,342 shares. Goldman Sachs Gp Incorporated invested 0% in Haemonetics Corporation (NYSE:HAE). Credit Suisse Ag invested in 0% or 89,514 shares. Wells Fargo Mn holds 2.12 million shares. Piedmont Inv Advsrs Ltd holds 0.01% or 10,857 shares. State Of Alaska Department Of Revenue has 0.01% invested in Haemonetics Corporation (NYSE:HAE) for 10,528 shares. Louisiana State Employees Retirement System holds 22,700 shares or 0.06% of its portfolio. Fort Washington Invest Advsrs Incorporated Oh has 0.16% invested in Haemonetics Corporation (NYSE:HAE). Century holds 193,013 shares or 0.01% of its portfolio. Teachers Retirement System Of The State Of Kentucky reported 17,700 shares. Ls Investment Ltd Liability Co has 1,707 shares.

Haemonetics Corporation (NYSE:HAE) Institutional Positions Chart

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