1 week Ago By ABMN Staff
Foundry Partners LLC decreased its holdings in Brinker International, Inc. ( NYSE:EAT – Free Report ) by 35.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 5,745 shares of the restaurant operator’s stock after selling 3,213 shares during the period. Foundry Partners LLC’s holdings in Brinker International were worth $416,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors also recently modified their holdings of EAT.
Arizona State Retirement System boosted its holdings in shares of Brinker International by 1.9% in the second quarter. Arizona State Retirement System now owns 12,382 shares of the restaurant operator’s stock worth $896,000 after acquiring an additional 234 shares during the period.
CIBC Asset Management Inc bought a new stake in shares of Brinker International during the second quarter valued at about $220,000. Ritholtz Wealth Management purchased a new stake in shares of Brinker International in the second quarter worth about $515,000. nVerses Capital LLC bought a new position in shares of Brinker International in the second quarter valued at approximately $166,000.
Finally, Rothschild Investment LLC bought a new position in shares of Brinker International in the second quarter valued at approximately $227,000. Brinker International Stock Down 3.7 % Shares of Brinker International stock opened at $69.
14 on Friday. The company has a debt-to-equity ratio of 19.96, a quick ratio of 0.
32 and a current ratio of 0.38. Brinker International, Inc.
has a 52-week low of $28.23 and a 52-week high of $76.02.
The company’s 50 day moving average price is $67.25 and its 200-day moving average price is $59.97.
The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 20.52, a P/E/G ratio of 1.
17 and a beta of 2.52. Wall Street Analyst Weigh In Several research analysts have commented on the stock.
Argus raised shares of Brinker International from a “hold” rating to a “buy” rating and set a $72.00 price target for the company in a report on Tuesday, May 21st. Morgan Stanley boosted their target price on Brinker International from $42.
00 to $50.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 16th. Evercore ISI upped their target price on Brinker International from $65.
00 to $69.00 and gave the stock an “in-line” rating in a research note on Thursday, August 15th. Stifel Nicolaus lifted their price target on Brinker International from $62.
00 to $90.00 and gave the company a “buy” rating in a research report on Tuesday, June 25th. Finally, Wells Fargo & Company upped their price objective on shares of Brinker International from $45.
00 to $50.00 and gave the stock an “underweight” rating in a research report on Thursday, August 15th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company.
According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $61.85.
Get Our Latest Report on EAT Brinker International Profile ( Free Report ) Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands. Featured Stories Receive News & Ratings for Brinker International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brinker International and related companies with MarketBeat.
com's FREE daily email newsletter ..
