Patrick Walsh Sells 10,000 Shares of BJ’s Restaurants, Inc. (BJRI) Stock

BJ’s Restaurants, Inc. (NASDAQ:BJRI) Director Patrick Walsh sold 10,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $31.00, for a total transaction of $310,000.00. Following the completion of the sale, the director now owns 19,844 shares of the company’s stock, valued at approximately $615,164. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Patrick Walsh also recently made the following trade(s):

  • On Wednesday, November 1st, Patrick Walsh sold 37,764 shares of BJ’s Restaurants stock. The shares were sold at an average price of $31.59, for a total transaction of $1,192,964.76.

BJ’s Restaurants, Inc. (NASDAQ BJRI) opened at $33.70 on Thursday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.46 and a current ratio of 0.56. The stock has a market cap of $681.93, a PE ratio of 20.53, a price-to-earnings-growth ratio of 1.54 and a beta of 0.92. BJ’s Restaurants, Inc. has a one year low of $28.00 and a one year high of $47.55.

BJ’s Restaurants (NASDAQ:BJRI) last posted its earnings results on Thursday, October 26th. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.09). The firm had revenue of $247.00 million for the quarter, compared to analyst estimates of $248.73 million. BJ’s Restaurants had a net margin of 3.30% and a return on equity of 13.85%. The company’s revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 earnings per share. equities research analysts predict that BJ’s Restaurants, Inc. will post 1.41 earnings per share for the current fiscal year.

The company also recently announced a special dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 13th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, November 10th. BJ’s Restaurants’s payout ratio is 7.24%.

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A number of brokerages recently commented on BJRI. Zacks Investment Research upgraded shares of BJ’s Restaurants from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Barclays PLC reduced their price objective on shares of BJ’s Restaurants from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Wednesday, October 18th. Wells Fargo & Company dropped their target price on shares of BJ’s Restaurants from $35.00 to $30.00 and set a “market perform” rating for the company in a report on Wednesday, October 18th. Stifel Nicolaus started coverage on shares of BJ’s Restaurants in a report on Monday, October 2nd. They issued a “hold” rating and a $32.00 target price for the company. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $42.00 target price on shares of BJ’s Restaurants in a report on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. BJ’s Restaurants has a consensus rating of “Hold” and a consensus target price of $36.89.

A number of institutional investors have recently bought and sold shares of the business. Aperio Group LLC boosted its stake in BJ’s Restaurants by 0.7% during the 2nd quarter. Aperio Group LLC now owns 6,593 shares of the restaurant operator’s stock valued at $246,000 after purchasing an additional 45 shares during the period. Pacad Investment Ltd. boosted its stake in BJ’s Restaurants by 1.8% during the 2nd quarter. Pacad Investment Ltd. now owns 5,800 shares of the restaurant operator’s stock valued at $216,000 after purchasing an additional 100 shares during the period. Public Employees Retirement System of Ohio boosted its stake in BJ’s Restaurants by 1.2% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 17,086 shares of the restaurant operator’s stock valued at $636,000 after purchasing an additional 208 shares during the period. People s United Financial Inc. boosted its stake in BJ’s Restaurants by 2.1% during the 2nd quarter. People s United Financial Inc. now owns 12,014 shares of the restaurant operator’s stock valued at $447,000 after purchasing an additional 246 shares during the period. Finally, US Bancorp DE boosted its stake in BJ’s Restaurants by 1.2% during the 2nd quarter. US Bancorp DE now owns 21,794 shares of the restaurant operator’s stock valued at $812,000 after purchasing an additional 262 shares during the period. 99.00% of the stock is owned by hedge funds and other institutional investors.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc owns and operates restaurants. The Company segment includes casual dining company-owned restaurants. Each of its restaurants is operated either as a BJ’s Restaurant & Brewhouse, a BJ’s Restaurant & Brewery, a BJ’s Pizza & Grill or a BJ’s Grill restaurant. The Company’s restaurants offer craft beers and other beers, as well as a selection of appetizers, entrees, pastas, burgers and sandwiches, specialty salads, and desserts, including its warm pizza cookie dessert, the Pizookie.

Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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