BJ’s Restaurants, Inc. (NASDAQ:BJRI) Holdings Lifted by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in BJ’s Restaurants, Inc. (NASDAQ:BJRI) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,242,137 shares of the restaurant operator’s stock after acquiring an additional 78,852 shares during the quarter. Dimensional Fund Advisors LP owned about 5.44% of BJ’s Restaurants worth $43,642,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. US Bancorp DE increased its position in shares of BJ’s Restaurants by 23.5% in the fourth quarter. US Bancorp DE now owns 1,902 shares of the restaurant operator’s stock worth $67,000 after acquiring an additional 362 shares in the last quarter. Principal Financial Group Inc. grew its position in BJ’s Restaurants by 1.6% during the 4th quarter. Principal Financial Group Inc. now owns 110,833 shares of the restaurant operator’s stock worth $3,894,000 after purchasing an additional 1,752 shares in the last quarter. Cibc World Markets Corp raised its stake in BJ’s Restaurants by 1.4% during the 4th quarter. Cibc World Markets Corp now owns 126,771 shares of the restaurant operator’s stock valued at $4,454,000 after purchasing an additional 1,771 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of BJ’s Restaurants by 7.2% in the third quarter. JPMorgan Chase & Co. now owns 27,284 shares of the restaurant operator’s stock valued at $888,000 after purchasing an additional 1,823 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of BJ’s Restaurants by 8.9% in the fourth quarter. Wells Fargo & Company MN now owns 33,417 shares of the restaurant operator’s stock worth $1,174,000 after buying an additional 2,743 shares during the period. 99.95% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on BJRI shares. Oppenheimer downgraded BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 7th. Gordon Haskett raised shares of BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 price target for the company in a research report on Wednesday, January 8th. Barclays boosted their price objective on shares of BJ’s Restaurants from $31.00 to $33.00 and gave the company an “underweight” rating in a research report on Friday. Finally, Wedbush lifted their target price on shares of BJ’s Restaurants from $43.00 to $48.00 and gave the company an “outperform” rating in a research note on Friday, February 21st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $38.25.

BJ’s Restaurants Price Performance

Shares of NASDAQ:BJRI opened at $37.91 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.04 and a quick ratio of 0.28. The stock has a market capitalization of $846.00 million, a P/E ratio of 55.75, a P/E/G ratio of 1.81 and a beta of 1.78. The business has a 50-day moving average of $33.83 and a two-hundred day moving average of $35.15. BJ’s Restaurants, Inc. has a fifty-two week low of $27.61 and a fifty-two week high of $41.72.

BJ’s Restaurants (NASDAQ:BJRI) last posted its earnings results on Thursday, May 1st. The restaurant operator reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.20. The business had revenue of $347.97 million for the quarter, compared to analyst estimates of $347.70 million. BJ’s Restaurants had a net margin of 1.23% and a return on equity of 8.76%. BJ’s Restaurants’s revenue was up 3.2% compared to the same quarter last year. During the same period last year, the business posted $0.32 EPS. On average, equities research analysts predict that BJ’s Restaurants, Inc. will post 1.5 EPS for the current fiscal year.

BJ’s Restaurants Company 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 under brand name Pizookie. The company was formerly known as Chicago Pizza & Brewery, Inc and changed its name to BJ’s Restaurants, Inc in August 2004.