Rhumbline Advisers Has $1.41 Million Stake in Chuy’s Holdings, Inc. (NASDAQ:CHUY)

Rhumbline Advisers raised its position in Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 7.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,232 shares of the restaurant operator’s stock after acquiring an additional 3,960 shares during the quarter. Rhumbline Advisers’ holdings in Chuy’s were worth $1,406,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Westwood Holdings Group Inc. lifted its stake in shares of Chuy’s by 10.7% during the 1st quarter. Westwood Holdings Group Inc. now owns 948,060 shares of the restaurant operator’s stock worth $31,978,000 after buying an additional 91,612 shares during the last quarter. Congress Asset Management Co. MA increased its holdings in Chuy’s by 29.9% in the 1st quarter. Congress Asset Management Co. MA now owns 946,167 shares of the restaurant operator’s stock valued at $31,914,000 after buying an additional 217,838 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Chuy’s by 1.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 897,008 shares of the restaurant operator’s stock valued at $34,293,000 after purchasing an additional 13,295 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Chuy’s by 19.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 341,602 shares of the restaurant operator’s stock valued at $8,854,000 after purchasing an additional 55,465 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its position in Chuy’s by 13.2% during the 1st quarter. First Eagle Investment Management LLC now owns 317,179 shares of the restaurant operator’s stock worth $10,698,000 after buying an additional 37,076 shares during the period. Institutional investors and hedge funds own 99.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Jefferies Financial Group downgraded shares of Chuy’s from a “buy” rating to a “hold” rating and cut their target price for the stock from $38.00 to $24.00 in a research report on Thursday, July 11th. Wedbush restated a “neutral” rating and set a $37.50 price target (down previously from $38.00) on shares of Chuy’s in a research note on Monday, July 22nd. Stephens reiterated an “equal weight” rating and issued a $37.50 target price on shares of Chuy’s in a research note on Monday, August 12th. StockNews.com initiated coverage on shares of Chuy’s in a report on Monday, September 16th. They issued a “hold” rating on the stock. Finally, Benchmark downgraded shares of Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 price target on the stock. in a report on Monday, August 19th. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $33.25.

Chuy’s Stock Down 0.0 %

Shares of CHUY opened at $37.37 on Friday. The business’s 50-day moving average price is $36.43 and its 200-day moving average price is $31.61. Chuy’s Holdings, Inc. has a twelve month low of $22.52 and a twelve month high of $39.40. The stock has a market cap of $643.89 million, a PE ratio of 22.11 and a beta of 1.77.

Chuy’s (NASDAQ:CHUY) last posted its quarterly earnings data on Friday, August 9th. The restaurant operator reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.01. Chuy’s had a net margin of 5.84% and a return on equity of 13.23%. The company had revenue of $119.80 million for the quarter, compared to analysts’ expectations of $120.46 million. Analysts expect that Chuy’s Holdings, Inc. will post 1.83 earnings per share for the current fiscal year.

Chuy’s Profile

Chuy’s Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy’s name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.