Swiss National Bank Has $722,000 Holdings in Chuy’s Holdings Inc (NASDAQ:CHUY)

Swiss National Bank grew its position in Chuy’s Holdings Inc (NASDAQ:CHUY) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,500 shares of the restaurant operator’s stock after purchasing an additional 700 shares during the period. Swiss National Bank owned about 0.19% of Chuy’s worth $722,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. BNP Paribas Arbitrage SA increased its position in Chuy’s by 1,962.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 3,486 shares of the restaurant operator’s stock worth $79,000 after purchasing an additional 3,317 shares during the last quarter. Aperio Group LLC acquired a new position in Chuy’s in the 2nd quarter worth about $108,000. SG Americas Securities LLC acquired a new position in Chuy’s in the 1st quarter worth about $118,000. Commerce Bank acquired a new position in Chuy’s in the 1st quarter worth about $200,000. Finally, Connors Investor Services Inc. acquired a new position in Chuy’s in the 1st quarter worth about $205,000.

Shares of NASDAQ CHUY traded up $0.53 during mid-day trading on Friday, reaching $26.06. 3,952 shares of the company traded hands, compared to its average volume of 116,259. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.52 and a current ratio of 0.57. The stock has a market cap of $427.87 million, a PE ratio of 29.61, a price-to-earnings-growth ratio of 1.52 and a beta of 0.16. The company’s fifty day moving average is $24.62 and its two-hundred day moving average is $22.62. Chuy’s Holdings Inc has a fifty-two week low of $17.03 and a fifty-two week high of $28.70.

Chuy’s (NASDAQ:CHUY) last issued its quarterly earnings data on Thursday, August 8th. The restaurant operator reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.05. The business had revenue of $113.10 million for the quarter, compared to analyst estimates of $111.77 million. Chuy’s had a return on equity of 8.21% and a net margin of 1.30%. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.38 EPS. Research analysts forecast that Chuy’s Holdings Inc will post 0.95 earnings per share for the current year.

Several brokerages have weighed in on CHUY. Wedbush reaffirmed a “hold” rating and issued a $24.00 target price on shares of Chuy’s in a research report on Friday, August 9th. BMO Capital Markets upped their target price on Chuy’s from $18.00 to $19.00 and gave the stock an “underperform” rating in a research report on Friday, August 9th. TheStreet raised Chuy’s from a “c” rating to a “b-” rating in a research report on Thursday, August 8th. BidaskClub raised Chuy’s from a “hold” rating to a “buy” rating in a research report on Thursday, September 5th. Finally, Zacks Investment Research raised Chuy’s from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a research report on Monday, August 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Chuy’s has a consensus rating of “Hold” and an average price target of $24.80.

Chuy’s Profile

Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 30, 2018, it operated 100 restaurants. The company was founded in 1982 and is headquartered in Austin, Texas.

Featured Article: How a Strangle Strategy is different from a Straddle Strategy

Want to see what other hedge funds are holding CHUY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Chuy’s Holdings Inc (NASDAQ:CHUY).

Institutional Ownership by Quarter for Chuy`s (NASDAQ:CHUY)

Receive News & Ratings for Chuy's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chuy's and related companies with MarketBeat.com's FREE daily email newsletter.