SG Americas Securities LLC Boosts Stock Holdings in Chuy’s Holdings, Inc. (NASDAQ:CHUY)

SG Americas Securities LLC grew its position in Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 92.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,865 shares of the restaurant operator’s stock after purchasing an additional 4,737 shares during the period. SG Americas Securities LLC’s holdings in Chuy’s were worth $369,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in CHUY. Point72 DIFC Ltd increased its stake in Chuy’s by 257.8% in the 2nd quarter. Point72 DIFC Ltd now owns 4,129 shares of the restaurant operator’s stock valued at $107,000 after buying an additional 2,975 shares during the last quarter. Quarry LP purchased a new stake in shares of Chuy’s during the second quarter valued at approximately $36,000. Millennium Management LLC lifted its holdings in Chuy’s by 52.6% during the second quarter. Millennium Management LLC now owns 256,375 shares of the restaurant operator’s stock worth $6,645,000 after acquiring an additional 88,406 shares during the period. AQR Capital Management LLC boosted its position in Chuy’s by 35.6% in the second quarter. AQR Capital Management LLC now owns 112,107 shares of the restaurant operator’s stock worth $2,906,000 after purchasing an additional 29,445 shares during the last quarter. Finally, Squarepoint Ops LLC grew its stake in Chuy’s by 71.7% in the 2nd quarter. Squarepoint Ops LLC now owns 57,303 shares of the restaurant operator’s stock valued at $1,485,000 after purchasing an additional 23,923 shares during the period. 99.92% of the stock is owned by institutional investors.

Chuy’s Stock Performance

Chuy’s stock opened at $37.48 on Friday. Chuy’s Holdings, Inc. has a fifty-two week low of $22.52 and a fifty-two week high of $39.40. The stock has a market cap of $645.78 million, a P/E ratio of 22.18 and a beta of 1.77. The firm’s fifty day moving average price is $37.30 and its 200-day moving average price is $32.12.

Chuy’s (NASDAQ:CHUY) last announced its earnings results on Friday, August 9th. The restaurant operator reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. Chuy’s had a return on equity of 13.23% and a net margin of 5.84%. The business had revenue of $119.80 million for the quarter, compared to analyst estimates of $120.46 million. Sell-side analysts predict that Chuy’s Holdings, Inc. will post 1.83 earnings per share for the current year.

Analysts Set New Price Targets

CHUY has been the topic of a number of recent analyst reports. StockNews.com began coverage on Chuy’s in a research note on Friday. They set a “hold” rating on the stock. Benchmark lowered shares of Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 price objective on the stock. in a research report on Monday, August 19th. Wedbush reissued a “neutral” rating and set a $37.50 target price (down from $38.00) on shares of Chuy’s in a research report on Monday, July 22nd. Stephens reaffirmed an “equal weight” rating and issued a $37.50 price target on shares of Chuy’s in a report on Monday, August 12th. Finally, Jefferies Financial Group downgraded Chuy’s from a “buy” rating to a “hold” rating and dropped their price objective for the company from $38.00 to $24.00 in a research note on Thursday, July 11th. Seven analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Chuy’s presently has a consensus rating of “Hold” and a consensus price target of $33.25.

About Chuy’s

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.