1 week Ago By Defense World Staff
Arrowstreet Capital Limited Partnership raised its holdings in RCI Hospitality Holdings Inc ( NASDAQ:RICK – Free Report ) by 1,839.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 155,525 shares of the restaurant operator’s stock after buying an additional 147,508 shares during the quarter.
Arrowstreet Capital Limited Partnership owned about 1.75% of RCI Hospitality worth $8,938,000 at the end of the most recent quarter. Several other hedge funds have also recently made changes to their positions in RICK.
State Street Corp boosted its holdings in RCI Hospitality by 1.0% in the third quarter. State Street Corp now owns 196,913 shares of the restaurant operator’s stock valued at $8,772,000 after acquiring an additional 2,023 shares in the last quarter.
American Century Companies Inc. boosted its stake in shares of RCI Hospitality by 63.7% during the 4th quarter.
American Century Companies Inc. now owns 104,930 shares of the restaurant operator’s stock valued at $6,030,000 after purchasing an additional 40,822 shares in the last quarter. Charles Schwab Investment Management Inc.
increased its position in shares of RCI Hospitality by 0.5% during the fourth quarter. Charles Schwab Investment Management Inc.
now owns 68,070 shares of the restaurant operator’s stock valued at $3,912,000 after buying an additional 363 shares during the period. Bank of New York Mellon Corp raised its stake in RCI Hospitality by 29.4% in the fourth quarter.
Bank of New York Mellon Corp now owns 65,654 shares of the restaurant operator’s stock worth $3,773,000 after buying an additional 14,919 shares in the last quarter. Finally, Barclays PLC lifted its holdings in RCI Hospitality by 330.2% in the third quarter.
Barclays PLC now owns 13,593 shares of the restaurant operator’s stock worth $605,000 after buying an additional 10,433 shares during the period. 53.82% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades Several research analysts have recently issued reports on the company. HC Wainwright reissued a “buy” rating and issued a $98.00 target price on shares of RCI Hospitality in a research report on Wednesday, February 12th.
StockNews.com upgraded RCI Hospitality from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. RCI Hospitality Trading Down 3.
5 % NASDAQ:RICK opened at $39.80 on Monday. RCI Hospitality Holdings Inc has a one year low of $37.
61 and a one year high of $61.66. The company’s 50-day simple moving average is $49.
17 and its 200 day simple moving average is $49.60. The firm has a market capitalization of $352.
91 million, a P/E ratio of 71.07 and a beta of 1.45.
The company has a debt-to-equity ratio of 0.81, a current ratio of 1.02 and a quick ratio of 0.
92. RCI Hospitality Announces Dividend The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were paid a $0.
07 dividend. The ex-dividend date was Monday, March 17th. This represents a $0.
28 annualized dividend and a dividend yield of 0.70%. RCI Hospitality’s payout ratio is currently 50.
00%. RCI Hospitality Company Profile ( Free Report ) RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in Nightclubs, Bombshells, and Media Group segments.
The company’s wholly-owned subsidiaries own and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club. Further Reading Five stocks we like better than RCI Hospitality Why Are Stock Sectors Important to Successful Investing? Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential? Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours? Disney 2025 Shareholders: Major Updates for Investors Which Wall Street Analysts are the Most Accurate? Advance Auto Parts Stock: A Classic Rebound Play in the Making Want to see what other hedge funds are holding RICK? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for RCI Hospitality Holdings Inc ( NASDAQ:RICK – Free Report ). Receive News & Ratings for RCI Hospitality Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RCI Hospitality and related companies with MarketBeat.com's FREE daily email newsletter .
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