BJ’s Restaurants, Inc. $BJRI Shares Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd lifted its position in shares of BJ’s Restaurants, Inc. (NASDAQ:BJRI) by 114.7% during the fourth quarter, Holdings Channel reports. The firm owned 74,958 shares of the restaurant operator’s stock after acquiring an additional 40,037 shares during the quarter. WINTON GROUP Ltd’s holdings in BJ’s Restaurants were worth $2,953,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. CWM LLC increased its position in BJ’s Restaurants by 187.7% in the 4th quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock valued at $28,000 after acquiring an additional 456 shares during the period. Quarry LP increased its position in BJ’s Restaurants by 1,618.3% in the 3rd quarter. Quarry LP now owns 1,031 shares of the restaurant operator’s stock valued at $31,000 after acquiring an additional 971 shares during the period. GAMMA Investing LLC increased its position in BJ’s Restaurants by 39.3% in the 4th quarter. GAMMA Investing LLC now owns 939 shares of the restaurant operator’s stock valued at $37,000 after acquiring an additional 265 shares during the period. US Bancorp DE increased its position in BJ’s Restaurants by 14.5% in the 3rd quarter. US Bancorp DE now owns 3,305 shares of the restaurant operator’s stock valued at $101,000 after acquiring an additional 418 shares during the period. Finally, BNP Paribas Financial Markets increased its position in BJ’s Restaurants by 77.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,317 shares of the restaurant operator’s stock valued at $103,000 after acquiring an additional 1,012 shares during the period. Institutional investors and hedge funds own 99.95% of the company’s stock.

Wall Street Analyst Weigh In

BJRI has been the topic of several recent research reports. Citigroup dropped their price target on BJ’s Restaurants from $49.00 to $47.00 and set a “neutral” rating on the stock in a research report on Thursday, April 16th. Weiss Ratings cut BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. DA Davidson initiated coverage on BJ’s Restaurants in a research report on Friday, March 6th. They issued a “neutral” rating and a $38.00 price target on the stock. Benchmark boosted their price target on BJ’s Restaurants from $48.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Barclays dropped their price target on BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $42.00.

BJ’s Restaurants Stock Performance

NASDAQ BJRI opened at $43.04 on Monday. The company has a current ratio of 0.31, a quick ratio of 0.25 and a debt-to-equity ratio of 0.17. The business’s 50 day moving average is $40.16 and its two-hundred day moving average is $39.93. BJ’s Restaurants, Inc. has a 12-month low of $28.46 and a 12-month high of $47.99. The stock has a market capitalization of $904.70 million, a price-to-earnings ratio of 21.74, a PEG ratio of 1.39 and a beta of 1.35.

BJ’s Restaurants (NASDAQ:BJRI) last released its earnings results on Tuesday, May 5th. The restaurant operator reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.04). BJ’s Restaurants had a return on equity of 13.48% and a net margin of 3.15%.The business had revenue of $358.12 million for the quarter, compared to analyst estimates of $356.97 million. During the same quarter in the previous year, the firm posted $0.59 EPS. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. Research analysts expect that BJ’s Restaurants, Inc. will post 2.21 EPS for the current year.

Insider Transactions at BJ’s Restaurants

In other news, EVP Brian S. Krakower sold 3,475 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $46.71, for a total transaction of $162,317.25. Following the sale, the executive vice president owned 4,721 shares of the company’s stock, valued at $220,517.91. The trade was a 42.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director C Bradford Richmond purchased 1,000 shares of the firm’s stock in a transaction dated Thursday, March 12th. The shares were purchased at an average cost of $34.05 per share, for a total transaction of $34,050.00. Following the purchase, the director directly owned 18,700 shares in the company, valued at approximately $636,735. This represents a 5.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 10,124 shares of company stock valued at $447,140 in the last quarter. 4.90% of the stock is currently owned by corporate insiders.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep?dish pizzas, California?style thin crust offerings and in?house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full?service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago?style pizza experience to the West Coast.