Published: Sat, December 02, 2017
Markets | By Rosalie Gross

Arby's buying Buffalo Wild Wings in deal valued at $2.4B

Arby's buying Buffalo Wild Wings in deal valued at $2.4B

(NASDAQ:BWLD) have climbed in the previous month.

Buffalo Wild Wings (NASDAQ:BWLD) last issued its quarterly earnings data on Wednesday, October 25th.

The Relative Volume of the company is 3.54 and Average Volume (3 months) is 781.54 million. About 20,390 shares traded. It has underperformed by 5.50% the S&P500.

Jennison Associates Llc increased Nextera Energy Partners Lp (NEP) stake by 3% reported in 2017Q2 SEC filing. Creative Planning has 4,968 shares. Anchor Bolt Capital LP holds 169,850 shares. Borgwarner Inc now has $11.54B valuation. Today, it has more than 2,250 locations around the world and generates almost $2 billion in revenue every year, according to the Minneapolis-St. Its up 0.18, from 0.87 in 2017Q1. Finally, Flinton Capital Management LLC raised its stake in Buffalo Wild Wings by 73.5% during the second quarter. Suntrust Banks Inc. now owns 2,552 shares of the restaurant operator's stock valued at $323,000 after purchasing an additional 101 shares during the period.

Citadel Advsr Lc accumulated 0.02% or 153,805 shares. Massachusetts-based State Street Corporation has invested 0.01% in Buffalo Wild Wings, Inc.

Buffalo Wild Wings is one of several restaurant chains purchased by private equity groups this year. (NASDAQ:BWLD). Rhumbline Advisers invested in 0.01% or 33,576 shares. (NASDAQ:BWLD) are 1.00% since the start of 2016. Davidson Advsrs has invested 0.63% in Buffalo Wild Wings, Inc. But company officials, while reporting better than expected earnings recently, said they had not seen evidence of a hit from the NFL's problems. Raymond James And Assoc reported 39,373 shares or 0% of all its holdings. Thrivent Financial For Lutherans has 0.03% invested in Buffalo Wild Wings, Inc.

Investors who took positions in shares of Ebix, Inc. (BWLD) shares Jumped 0.03% and ended the day at $155.65. Tokio Marine Asset Management Ltd holds 0.44% in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) for 100 shares.

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Meanwhile, during the same quarter Buffalo Wild Wings, Inc.

Demitrios Kalogeropoulos owns shares of Buffalo Wild Wings. The company has a quick ratio of 0.61, a current ratio of 0.70 and a debt-to-equity ratio of 1.60. "We look forward to leveraging the combined strengths of both organizations into a truly differentiated and transformative multi-brand restaurant company". More interesting news about Buffalo Wild Wings, Inc. Therefore 19% are positive. Pacad Investment Ltd. raised its holdings in shares of Buffalo Wild Wings by 23.7% in the second quarter. The firm has "Hold" rating given on Monday, July 31 by RBC Capital Markets.

More notable recent Buffalo Wild Wings, Inc. Buffalo Wild Wings has a one year low of $95.00 and a one year high of $175.10. The firm has "Buy" rating given on Monday, November 23 by Maxim Group.

The deal follows a proxy fight for BWW that was launched by activist hedge fund Marcato Capital Management, which won three seats on the BWW board of directors. (NASDAQ:BWLD) earned "Equal-Weight" rating by Morgan Stanley on Thursday, October 29.

Since June 13, 2017, it had 0 insider buys, and 1 sale for $44,060 activity. 87,130 are owned by Montag A And Assoc Incorporated. The California-based Pacific Global Investment Management Co has invested 0.28% in the stock. First Midwest Fincl Bank Tru Division reported 0.14% stake. Verition Fund Mgmt Llc invested in 27,684 shares. Thomas White Intll accumulated 38,027 shares. Gordon reminds franchisees that state legal protections for franchise owners are different in Minnesota and Georgia. Boston Prtn has invested 0.58% in BorgWarner Inc. Connable Office holds 9,380 shares. Mai Mngmt holds 0.2% or 82,199 shares in its portfolio. Retirement Systems Of Alabama invested 0.02% in BorgWarner Inc.

Analysts await Orion Group Holdings, Inc. A 11 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of CERN or, if they already own its stock, sell it. UBS has "Buy" rating and $140.0 target. As per Tuesday, May 30, the company rating was downgraded by Wedbush. (NASDAQ:BWLD) has "Sell" rating given on Tuesday, January 31 by CLSA. The stock of BorgWarner Inc. The rating was upgraded by Longbow to "Neutral" on Thursday, July 6. (NYSE:BWA) has "Buy" rating given on Friday, April 7 by Jefferies. (NYSE:BWA) rating on Wednesday, January 27. Telsey Advisory Group has "Outperform" rating and $162 target. The company was maintained on Thursday, June 8 by Oppenheimer. It also reduced Target Corp (NYSE:TGT) stake by 26,252 shares and now owns 496,638 shares. Us Bancorp Del (NYSE:USB) was reduced too.

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