Swiss National Bank continued to hold its position in shares of Ruby Tuesday Inc. (NYSE:RT) during the second quarter, Holdings Channel reports. The firm owned 127,600 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned about 0.22% of Ruby Tuesday worth $461,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of RT. Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of 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 last quarter. Metropolitan Life Insurance Co. NY boosted 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 in the last quarter. Menta Capital LLC acquired a new stake in Ruby Tuesday during the first quarter valued at approximately $254,000. Prudential Financial Inc. boosted 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 in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Ruby Tuesday by 6.1% in the first quarter. JPMorgan Chase & Co. now owns 470,025 shares of the company’s stock valued at $2,529,000 after buying an additional 27,150 shares in the last quarter. 86.30% of the stock is owned by institutional investors and hedge funds.
Ruby Tuesday Inc. (NYSE:RT) traded up 0.32% during midday trading on Tuesday, reaching $3.14. The company had a trading volume of 359,148 shares. Ruby Tuesday Inc. has a one year low of $2.08 and a one year high of $5.77. The stock’s market capitalization is $187.74 million. The company has a 50-day moving average price of $2.80 and a 200-day moving average price of $3.70.
Ruby Tuesday (NYSE:RT) last released its earnings results on Thursday, October 6th. The company reported ($0.11) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.11). Ruby Tuesday had a negative return on equity of 0.30% and a negative net margin of 8.07%. The company earned $256.70 million during the quarter. On average, equities analysts expect that Ruby Tuesday Inc. will post $0.08 earnings per share for the current year.
In other Ruby Tuesday news, Director Stephen I. Sadove purchased 18,337 shares of Ruby Tuesday stock in a transaction that occurred on Thursday, October 13th. The shares were bought at an average price of $2.79 per share, for a total transaction of $51,160.23. Following the acquisition, the director now directly owns 255,178 shares in the company, valued at $711,946.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Donald E. Hess purchased 120,300 shares of Ruby Tuesday stock in a transaction that occurred on Tuesday, October 11th. The shares were acquired at an average price of $2.70 per share, for a total transaction of $324,810.00. Following the acquisition, the director now owns 141,195 shares in the company, valued at $381,226.50. The disclosure for this purchase can be found here. 4.80% of the stock is owned by insiders.
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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