Emerald Advisers Inc. PA raised its stake in Chuy’s Holdings Inc. (NASDAQ:CHUY) by 1.3% during the second quarter, Holdings Channel reports. The institutional investor owned 442,452 shares of the company’s stock after buying an additional 5,770 shares during the period. Emerald Advisers Inc. PA’s holdings in Chuy’s Holdings were worth $15,313,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of CHUY. Geode Capital Management LLC boosted its position in shares of Chuy’s Holdings by 5.9% in the first quarter. Geode Capital Management LLC now owns 108,230 shares of the company’s stock valued at $3,362,000 after buying an additional 6,009 shares in the last quarter. GW&K Investment Management LLC boosted its position in shares of Chuy’s Holdings by 11.4% in the second quarter. GW&K Investment Management LLC now owns 131,869 shares of the company’s stock valued at $4,564,000 after buying an additional 13,461 shares in the last quarter. Menta Capital LLC boosted its position in shares of Chuy’s Holdings by 83.6% in the first quarter. Menta Capital LLC now owns 15,761 shares of the company’s stock valued at $490,000 after buying an additional 7,178 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Chuy’s Holdings during the second quarter valued at $426,000. Finally, Hancock Holding Co. acquired a new position in shares of Chuy’s Holdings during the first quarter valued at $7,925,000.
Shares of Chuy’s Holdings Inc. (NASDAQ:CHUY) traded up 0.95% during midday trading on Wednesday, reaching $27.72. The company’s stock had a trading volume of 258,186 shares. Chuy’s Holdings Inc. has a one year low of $26.92 and a one year high of $37.78. The stock has a market cap of $465.53 million and a PE ratio of 32.20. The firm has a 50-day moving average of $29.75 and a 200-day moving average of $32.16.
Chuy’s Holdings (NASDAQ:CHUY) last released its quarterly earnings data on Tuesday, August 2nd. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.03. The firm earned $87.90 million during the quarter, compared to the consensus estimate of $87.45 million. Chuy’s Holdings had a return on equity of 12.59% and a net margin of 4.70%. The company’s quarterly revenue was up 16.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.32 earnings per share. On average, analysts forecast that Chuy’s Holdings Inc. will post $1.08 EPS for the current year.
Several equities analysts have recently weighed in on CHUY shares. Robert W. Baird reaffirmed a “neutral” rating on shares of Chuy’s Holdings in a research note on Thursday, September 8th. Zacks Investment Research downgraded Chuy’s Holdings from a “hold” rating to a “sell” rating in a report on Tuesday. TheStreet downgraded Chuy’s Holdings from a “buy” rating to a “hold” rating in a report on Thursday, September 29th. Stifel Nicolaus downgraded Chuy’s Holdings from a “buy” rating to a “hold” rating and cut their price objective for the company from $45.00 to $32.00 in a report on Tuesday, July 26th. Finally, Wedbush cut their price objective on Chuy’s Holdings from $38.00 to $34.00 and set an “outperform” rating for the company in a report on Wednesday, August 3rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $34.67.
In other news, Director Michael Roger Young sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 12th. The stock was sold at an average price of $34.70, for a total transaction of $104,100.00. Following the completion of the sale, the director now owns 862 shares in the company, valued at $29,911.40. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 4.00% of the company’s stock.
Chuy’s Holdings Company Profile
Chuy’s Holdings, Inc is a full-service restaurant concept company offering a menu of Mexican and Tex Mex inspired food. The Company operates through full-service, casual dining, Mexican food restaurants segment. The Company operates its restaurants under the name Chuy’s. The Company operates approximately 70 Chuy’s restaurants across 14 states.
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