Janus Henderson Group PLC Takes Position in Kura Sushi USA, Inc. (NASDAQ:KRUS)

Janus Henderson Group PLC purchased a new position in Kura Sushi USA, Inc. (NASDAQ:KRUS) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,935 shares of the company’s stock, valued at approximately $237,000.

Several other institutional investors and hedge funds have also recently modified their holdings of KRUS. Comerica Bank lifted its stake in shares of Kura Sushi USA by 58.6% in the 1st quarter. Comerica Bank now owns 268 shares of the company’s stock valued at $31,000 after purchasing an additional 99 shares during the period. Quest Partners LLC lifted its position in Kura Sushi USA by 237.9% during the third quarter. Quest Partners LLC now owns 669 shares of the company’s stock valued at $54,000 after buying an additional 471 shares during the period. Versor Investments LP bought a new stake in shares of Kura Sushi USA during the 2nd quarter valued at $233,000. Jennison Associates LLC boosted its holdings in shares of Kura Sushi USA by 32.2% during the 3rd quarter. Jennison Associates LLC now owns 5,306 shares of the company’s stock valued at $427,000 after buying an additional 1,292 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Kura Sushi USA by 33.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,572 shares of the company’s stock worth $529,000 after acquiring an additional 1,644 shares in the last quarter. 65.49% of the stock is owned by hedge funds and other institutional investors.

Kura Sushi USA Stock Down 3.3 %

Kura Sushi USA stock opened at $96.93 on Monday. Kura Sushi USA, Inc. has a 52-week low of $48.66 and a 52-week high of $122.81. The company has a market cap of $1.16 billion, a price-to-earnings ratio of -124.27 and a beta of 1.80. The firm’s fifty day moving average is $95.22 and its 200 day moving average is $78.88.

Analyst Ratings Changes

A number of analysts have recently commented on KRUS shares. Barclays boosted their price target on Kura Sushi USA from $70.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Friday, November 8th. Northcoast Research began coverage on Kura Sushi USA in a report on Tuesday, September 10th. They issued a “buy” rating and a $79.00 target price on the stock. Piper Sandler raised their price target on Kura Sushi USA from $63.00 to $98.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, Craig Hallum lifted their price target on Kura Sushi USA from $85.00 to $120.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $84.88.

About Kura Sushi USA