Davis Capital Partners Has Trimmed Its Td Ameritrade Hldg (AMTD) Stake by $3.36 Million; As Wendys Co (WEN) Share Price Rose, Jpmorgan Chase & Company Has Trimmed Its Holding

February 15, 2018 - By Adrian Erickson

Jpmorgan Chase & Company decreased its stake in Wendys Co (WEN) by 36.58% based on its latest 2017Q3 regulatory filing with the SEC. Jpmorgan Chase & Company sold 236,343 shares as the company’s stock rose 13.38% with the market. The institutional investor held 409,700 shares of the restaurants company at the end of 2017Q3, valued at $6.38 million, down from 646,043 at the end of the previous reported quarter. Jpmorgan Chase & Company who had been investing in Wendys Co for a number of months, seems to be less bullish one the $3.78B market cap company. The stock decreased 0.79% or $0.12 during the last trading session, reaching $15.62. About 2.06M shares traded. The Wendy's Company (NASDAQ:WEN) has risen 56.90% since February 15, 2017 and is uptrending. It has outperformed by 40.20% the S&P500.

Davis Capital Partners Llc decreased its stake in Td Ameritrade Hldg Corp (AMTD) by 14.89% based on its latest 2017Q3 regulatory filing with the SEC. Davis Capital Partners Llc sold 70,000 shares as the company’s stock declined 15.13% while stock markets rallied. The hedge fund held 400,000 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $19.52 million, down from 470,000 at the end of the previous reported quarter. Davis Capital Partners Llc who had been investing in Td Ameritrade Hldg Corp for a number of months, seems to be less bullish one the $31.76B market cap company. The stock decreased 0.84% or $0.475 during the last trading session, reaching $55.975. About 676,901 shares traded. TD Ameritrade Holding Corporation (NYSE:AMTD) has risen 21.10% since February 15, 2017 and is uptrending. It has outperformed by 4.40% the S&P500.

Since October 3, 2017, it had 0 buys, and 1 insider sale for $54,736 activity.

Investors sentiment decreased to 0.79 in 2017 Q3. Its down 0.25, from 1.04 in 2017Q2. It worsened, as 23 investors sold WEN shares while 95 reduced holdings. 30 funds opened positions while 63 raised stakes. 181.38 million shares or 0.51% less from 182.30 million shares in 2017Q2 were reported. Ellington Management Group Limited Liability Corp holds 0.08% of its portfolio in The Wendy's Company (NASDAQ:WEN) for 28,300 shares. Vanguard Incorporated, Pennsylvania-based fund reported 15.22M shares. Engineers Gate Manager Ltd Partnership has invested 0.31% in The Wendy's Company (NASDAQ:WEN). State Board Of Administration Of Florida Retirement Sys reported 425,168 shares. Ahl Ptnrs Llp holds 120,490 shares or 0.03% of its portfolio. Renaissance Lc has 0.03% invested in The Wendy's Company (NASDAQ:WEN) for 1.64 million shares. Parametric Associates Limited reported 0.01% stake. Css Ltd Liability Corp Il holds 0.02% or 22,102 shares. Lpl Fin Ltd Liability Corp invested 0% of its portfolio in The Wendy's Company (NASDAQ:WEN). Us Bank De reported 0% stake. Ny State Common Retirement Fund holds 0.01% or 492,490 shares in its portfolio. Oregon Public Employees Retirement Fund holds 70,581 shares or 0.02% of its portfolio. 241,301 are owned by Legal & General Gru Public Ltd Com. Spears Abacus Advsrs Lc stated it has 10,267 shares or 0.02% of all its holdings. Fifth Third Natl Bank, a Ohio-based fund reported 500 shares.

Jpmorgan Chase & Company, which manages about $453.26B US Long portfolio, upped its stake in Exchange Traded Concepts Tr (ROBO) by 14,211 shares to 24,856 shares, valued at $956,000 in 2017Q3, according to the filing. It also increased its holding in Texas Instrs Inc (NASDAQ:TXN) by 968,364 shares in the quarter, for a total of 29.47 million shares, and has risen its stake in Lam Research Corp (Prn).

Among 20 analysts covering Wendy’s (NASDAQ:WEN), 10 have Buy rating, 2 Sell and 8 Hold. Therefore 50% are positive. Wendy’s had 44 analyst reports since August 6, 2015 according to SRatingsIntel. JP Morgan upgraded the stock to “Overweight” rating in Friday, February 24 report. The firm has “Market Perform” rating given on Thursday, May 26 by Bernstein. The firm has “Neutral” rating given on Thursday, November 9 by Nomura. The firm earned “Buy” rating on Wednesday, December 20 by Wedbush. The firm earned “Neutral” rating on Thursday, February 11 by JP Morgan. The stock of The Wendy's Company (NASDAQ:WEN) has “Hold” rating given on Monday, November 6 by RBC Capital Markets. Goldman Sachs upgraded the shares of WEN in report on Thursday, November 19 to “Buy” rating. The rating was initiated by Guggenheim with “Buy” on Friday, September 11. Goldman Sachs maintained The Wendy's Company (NASDAQ:WEN) on Thursday, August 27 with “Neutral” rating. Nomura upgraded the stock to “Buy” rating in Monday, January 4 report.

Among 19 analysts covering TD Ameritrade (NYSE:AMTD), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. TD Ameritrade had 79 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of TD Ameritrade Holding Corporation (NASDAQ:AMTD) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, July 18. On Wednesday, September 9 the stock rating was maintained by Deutsche Bank with “Buy”. The stock of TD Ameritrade Holding Corporation (NASDAQ:AMTD) has “Hold” rating given on Thursday, October 5 by Jefferies. Citigroup downgraded TD Ameritrade Holding Corporation (NASDAQ:AMTD) on Wednesday, July 22 to “Sell” rating. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, October 25 report. The stock of TD Ameritrade Holding Corporation (NASDAQ:AMTD) has “Equal-Weight” rating given on Thursday, October 5 by Morgan Stanley. The stock has “Neutral” rating by UBS on Monday, March 13. The stock of TD Ameritrade Holding Corporation (NASDAQ:AMTD) has “Buy” rating given on Thursday, July 13 by Buckingham Research. The stock of TD Ameritrade Holding Corporation (NASDAQ:AMTD) has “Overweight” rating given on Monday, January 8 by Barclays Capital. The company was maintained on Friday, September 18 by Deutsche Bank.

Since September 14, 2017, it had 1 insider buy, and 3 sales for $397.81 million activity. 11.07 million shares were bought by TD Luxembourg International Holdings S.a r.l., worth $400.00M on Monday, September 18. 15,000 shares were sold by MOGLIA JOSEPH H, worth $669,900 on Thursday, September 14.

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