GSA Capital Partners LLP acquired a new stake in shares of Ruby Tuesday Inc. (NYSE:RT) during the second quarter, Holdings Channel reports. The firm acquired 37,591 shares of the company’s stock, valued at approximately $136,000. GSA Capital Partners LLP owned 0.06% of Ruby Tuesday as of its most recent filing with the SEC.
Other institutional investors have also added to or reduced their stakes in the company. Metropolitan Life Insurance Co. NY raised its stake in Ruby Tuesday by 0.4% in the first quarter. Metropolitan Life Insurance Co. NY now owns 45,262 shares of the company’s stock valued at $244,000 after buying an additional 165 shares during the period. Los Angeles Capital Management & Equity Research Inc. raised its stake in Ruby Tuesday by 1.5% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 32,760 shares of the company’s stock valued at $176,000 after buying an additional 480 shares during the period. Arizona State Retirement System raised its stake in Ruby Tuesday by 3.2% in the first quarter. Arizona State Retirement System now owns 31,805 shares of the company’s stock valued at $171,000 after buying an additional 1,000 shares during the period. Geode Capital Management LLC raised its stake in Ruby Tuesday by 0.7% in the first quarter. Geode Capital Management LLC now owns 398,777 shares of the company’s stock valued at $2,145,000 after buying an additional 2,955 shares during the period. Finally, Prudential Financial Inc. raised its stake in Ruby Tuesday by 3.6% in the first quarter. Prudential Financial Inc. now owns 146,954 shares of the company’s stock valued at $791,000 after buying an additional 5,100 shares during the period. Institutional investors and hedge funds own 86.81% of the company’s stock.
Shares of Ruby Tuesday Inc. (NYSE:RT) traded up 0.82% during midday trading on Wednesday, reaching $2.45. 231,607 shares of the company were exchanged. The firm’s market capitalization is $145.40 million. Ruby Tuesday Inc. has a 52 week low of $2.39 and a 52 week high of $6.76. The firm has a 50-day moving average of $2.89 and a 200 day moving average of $3.85.
Ruby Tuesday (NYSE:RT) last issued its quarterly earnings results on Thursday, August 11th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.11 by $0.01. The company earned $279.30 million during the quarter, compared to analysts’ expectations of $285 million. Ruby Tuesday had a positive return on equity of 0.89% and a negative net margin of 4.64%. Ruby Tuesday’s revenue was down 5.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 EPS. On average, equities research analysts expect that Ruby Tuesday Inc. will post $0.08 EPS for the current year.
About Ruby Tuesday
Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.
Want to see what other hedge funds are holding RT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ruby Tuesday Inc. (NYSE:RT).
Receive News & Ratings for Ruby Tuesday Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ruby Tuesday Inc. and related companies with MarketBeat.com's FREE daily email newsletter.