Chuy’s Holdings, Inc. (NASDAQ:CHUY) Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue trimmed its position in shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 2.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,833 shares of the restaurant operator’s stock after selling 284 shares during the quarter. State of Alaska Department of Revenue owned 0.06% of Chuy’s worth $367,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Sei Investments Co. raised its stake in shares of Chuy’s by 3.7% in the second quarter. Sei Investments Co. now owns 8,493 shares of the restaurant operator’s stock valued at $220,000 after acquiring an additional 300 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Chuy’s by 1.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 31,422 shares of the restaurant operator’s stock worth $1,060,000 after buying an additional 457 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in shares of Chuy’s by 85.0% during the second quarter. Nisa Investment Advisors LLC now owns 1,014 shares of the restaurant operator’s stock worth $26,000 after buying an additional 466 shares during the period. BNP Paribas Financial Markets raised its holdings in Chuy’s by 4.7% in the first quarter. BNP Paribas Financial Markets now owns 13,693 shares of the restaurant operator’s stock valued at $462,000 after acquiring an additional 614 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in Chuy’s by 2.8% in the second quarter. Victory Capital Management Inc. now owns 27,000 shares of the restaurant operator’s stock valued at $700,000 after acquiring an additional 725 shares in the last quarter. 99.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on CHUY. StockNews.com started coverage on shares of Chuy’s in a research report on Sunday, November 3rd. They issued a “hold” rating on the stock. Benchmark lowered Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 target price on the stock. in a report on Monday, August 19th. Wedbush restated a “neutral” rating and issued a $37.50 price target (down from $38.00) on shares of Chuy’s in a research note on Monday, July 22nd. Finally, Stephens reaffirmed an “equal weight” rating and set a $37.50 price objective on shares of Chuy’s in a research report on Monday, August 12th. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $33.25.

Chuy’s Price Performance

Shares of NASDAQ:CHUY opened at $37.48 on Friday. Chuy’s Holdings, Inc. has a 12 month low of $22.52 and a 12 month high of $39.40. The firm has a market capitalization of $645.78 million, a P/E ratio of 22.18 and a beta of 1.77. The company’s fifty day moving average price is $37.41 and its 200 day moving average price is $32.74.

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

Chuy’s Company 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.