How Do Top Investors Feel About These Two Surging Restaurant Stocks?

The analysts at SunTrust think Wingstop Inc (NASDAQ:WING) is ‘one of the strongest unit growth stories’ in the sector and are optimistic on its management’s ability to execute to deliver value to its shareholders. Management will have to execute well, as the market is pricing in substantial growth by assigning the stock a forward P/E of 54. Shares are down by 10.49% year-to-date but could rise if the company’s same-store sales surprise.

Hedge funds are divided on Wingstop. According to our data, 14 funds owned $29.86 million of shares (3.7% of the float) of Wingstop Inc (NASDAQ:WING) in the second quarter. Englander and Griffin each have positions in Wingstop as well, with Englander‘s Millennium Management owning 133,449 shares, while Griffin’s Citadel Investment Group owns 198,867 shares. 4.84% of the float is short.

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