BJ’s Restaurants, Inc. (NASDAQ:BJRI) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd reduced its holdings in BJ’s Restaurants, Inc. (NASDAQ:BJRI) by 17.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,425 shares of the restaurant operator’s stock after selling 1,365 shares during the quarter. WINTON GROUP Ltd’s holdings in BJ’s Restaurants were worth $282,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BJRI. Neuberger Berman Group LLC boosted its stake in BJ’s Restaurants by 67.5% during the 1st quarter. Neuberger Berman Group LLC now owns 717,915 shares of the restaurant operator’s stock valued at $33,943,000 after purchasing an additional 289,372 shares in the last quarter. Rothschild & Co. Asset Management US Inc. boosted its stake in BJ’s Restaurants by 0.5% during the 1st quarter. Rothschild & Co. Asset Management US Inc. now owns 628,789 shares of the restaurant operator’s stock valued at $29,729,000 after purchasing an additional 3,144 shares in the last quarter. Marshall Wace LLP boosted its stake in BJ’s Restaurants by 141.1% during the 1st quarter. Marshall Wace LLP now owns 566,293 shares of the restaurant operator’s stock valued at $26,774,000 after purchasing an additional 331,443 shares in the last quarter. FMR LLC boosted its stake in BJ’s Restaurants by 16.2% during the 1st quarter. FMR LLC now owns 488,738 shares of the restaurant operator’s stock valued at $23,107,000 after purchasing an additional 68,138 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in BJ’s Restaurants by 106.3% during the 4th quarter. Deutsche Bank AG now owns 432,025 shares of the restaurant operator’s stock valued at $21,845,000 after purchasing an additional 222,579 shares in the last quarter.

A number of brokerages have issued reports on BJRI. Piper Jaffray Companies decreased their price target on BJ’s Restaurants from $70.00 to $56.00 and set an “overweight” rating for the company in a research note on Friday, July 26th. Wedbush decreased their price target on BJ’s Restaurants from $60.00 to $47.00 and set an “outperform” rating for the company in a research note on Friday, July 26th. CIBC raised BJ’s Restaurants from a “market perform” rating to an “outperform” rating and set a $52.00 price target for the company in a research note on Friday, June 14th. Loop Capital decreased their price target on BJ’s Restaurants from $60.00 to $45.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Finally, Stifel Nicolaus decreased their price target on BJ’s Restaurants from $60.00 to $55.00 and set a “buy” rating for the company in a research note on Friday, July 26th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $50.67.

Shares of BJRI traded down $1.14 during trading hours on Friday, hitting $38.61. 485,239 shares of the company were exchanged, compared to its average volume of 616,313. The company has a market capitalization of $823.15 million, a P/E ratio of 18.21, a PEG ratio of 1.38 and a beta of 0.88. The company has a quick ratio of 0.32, a current ratio of 0.39 and a debt-to-equity ratio of 0.31. The business’s fifty day moving average is $41.98. BJ’s Restaurants, Inc. has a one year low of $36.77 and a one year high of $76.50.

BJ’s Restaurants (NASDAQ:BJRI) last released its quarterly earnings data on Thursday, July 25th. The restaurant operator reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.06). The company had revenue of $301.09 million for the quarter, compared to the consensus estimate of $300.35 million. BJ’s Restaurants had a return on equity of 14.63% and a net margin of 4.05%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.79 earnings per share. Equities analysts anticipate that BJ’s Restaurants, Inc. will post 1.98 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 26th. Stockholders of record on Monday, August 12th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, August 9th. BJ’s Restaurants’s dividend payout ratio is presently 20.43%.

BJ’s Restaurants Profile

BJ's Restaurants, Inc owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of April 16, 2019, the company owned and operated 204 casual dining restaurants that offer dine-in, take-out, delivery, and party catering services in 27 states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, and Washington.

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Institutional Ownership by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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