California State Teachers Retirement System lowered its stake in Ruby Tuesday Inc. (NYSE:RT) by 5.2% during the second quarter, Holdings Channel reports. The institutional investor owned 124,602 shares of the company’s stock after selling 6,891 shares during the period. California State Teachers Retirement System owned about 0.21% of Ruby Tuesday worth $450,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of RT. Los Angeles Capital Management & Equity Research Inc. increased its position 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 worth $176,000 after buying an additional 480 shares during the period. Metropolitan Life Insurance Co. NY increased its position 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 worth $244,000 after buying an additional 165 shares during the period. Menta Capital LLC acquired a new position in Ruby Tuesday during the first quarter worth $254,000. Prudential Financial Inc. increased its position in Ruby Tuesday by 3.6% in the first quarter. Prudential Financial Inc. now owns 146,954 shares of the company’s stock worth $791,000 after buying an additional 5,100 shares during the period. Finally, Geode Capital Management LLC increased its position in Ruby Tuesday by 0.7% in the first quarter. Geode Capital Management LLC now owns 398,777 shares of the company’s stock worth $2,145,000 after buying an additional 2,955 shares during the period. 86.81% of the stock is owned by institutional investors.
Ruby Tuesday Inc. (NYSE:RT) traded up 5.47% on Tuesday, reaching $2.70. 685,469 shares of the company were exchanged. The stock’s market capitalization is $161.43 million. The company’s 50-day moving average price is $2.82 and its 200-day moving average price is $3.77. Ruby Tuesday Inc. has a 12-month low of $2.08 and a 12-month high of $5.77.
Ruby Tuesday (NYSE:RT) last posted its earnings results on Thursday, October 6th. The company reported ($0.11) earnings per share for the quarter, hitting the Zacks’ consensus estimate of ($0.11). Ruby Tuesday had a negative net margin of 8.07% and a negative return on equity of 0.30%. The firm had revenue of $256.70 million for the quarter. Equities research analysts anticipate that Ruby Tuesday Inc. will post $0.08 earnings per share for the current fiscal 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.
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