Potbelly Co. (NASDAQ:PBPB) Shares Bought by XTX Topco Ltd

XTX Topco Ltd lifted its stake in shares of Potbelly Co. (NASDAQ:PBPB) by 4.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 31,984 shares of the company’s stock after purchasing an additional 1,456 shares during the period. XTX Topco Ltd’s holdings in Potbelly were worth $267,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Cerity Partners LLC acquired a new position in Potbelly during the 3rd quarter worth approximately $2,332,000. Hodges Capital Management Inc. grew its stake in shares of Potbelly by 152.1% during the second quarter. Hodges Capital Management Inc. now owns 293,570 shares of the company’s stock worth $2,357,000 after purchasing an additional 177,100 shares in the last quarter. Portolan Capital Management LLC increased its holdings in Potbelly by 21.7% in the third quarter. Portolan Capital Management LLC now owns 902,529 shares of the company’s stock valued at $7,527,000 after buying an additional 160,763 shares during the last quarter. First Eagle Investment Management LLC raised its stake in Potbelly by 17.7% in the second quarter. First Eagle Investment Management LLC now owns 1,011,328 shares of the company’s stock valued at $8,121,000 after buying an additional 152,200 shares in the last quarter. Finally, Squarepoint Ops LLC purchased a new stake in Potbelly during the 2nd quarter worth about $1,070,000. Institutional investors and hedge funds own 72.60% of the company’s stock.

Potbelly Trading Down 5.5 %

PBPB opened at $9.03 on Thursday. The business’s 50-day simple moving average is $9.20 and its 200-day simple moving average is $8.24. The company has a market cap of $270.36 million, a P/E ratio of 7.22 and a beta of 1.28. Potbelly Co. has a one year low of $6.28 and a one year high of $14.36. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.43 and a current ratio of 0.49.

About Potbelly

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.