XTX Topco Ltd Takes Position in Kura Sushi USA, Inc. (NASDAQ:KRUS)

XTX Topco Ltd acquired a new position in Kura Sushi USA, Inc. (NASDAQ:KRUS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 8,264 shares of the company’s stock, valued at approximately $521,000. XTX Topco Ltd owned approximately 0.07% of Kura Sushi USA as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Comerica Bank raised its holdings in shares of Kura Sushi USA by 58.6% in the 1st quarter. Comerica Bank now owns 268 shares of the company’s stock valued at $31,000 after acquiring an additional 99 shares in the last quarter. Quest Partners LLC purchased a new stake in Kura Sushi USA in the fourth quarter valued at approximately $36,000. Headlands Technologies LLC bought a new stake in Kura Sushi USA during the first quarter valued at approximately $46,000. RiverPark Advisors LLC grew its stake in Kura Sushi USA by 293.5% in the 1st quarter. RiverPark Advisors LLC now owns 1,452 shares of the company’s stock worth $167,000 after buying an additional 1,083 shares in the last quarter. Finally, Versor Investments LP bought a new position in shares of Kura Sushi USA in the 2nd quarter worth $233,000. Institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Stock Down 0.6 %

Shares of NASDAQ KRUS opened at $83.67 on Wednesday. The firm’s fifty day moving average is $63.48 and its 200 day moving average is $84.60. Kura Sushi USA, Inc. has a 52 week low of $48.66 and a 52 week high of $122.81. The company has a market cap of $939.70 million, a price-to-earnings ratio of -1,195.29 and a beta of 1.87.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on KRUS. Barclays cut their target price on shares of Kura Sushi USA from $65.00 to $60.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 10th. Piper Sandler reduced their price objective on Kura Sushi USA from $89.00 to $63.00 and set a “neutral” rating on the stock in a research report on Thursday, July 11th. Roth Mkm reissued a “buy” rating and set a $70.00 price objective (down from $90.00) on shares of Kura Sushi USA in a report on Wednesday, July 10th. Benchmark reaffirmed a “buy” rating and issued a $90.00 target price on shares of Kura Sushi USA in a research note on Wednesday, July 10th. Finally, Northcoast Research assumed coverage on shares of Kura Sushi USA in a research note on Tuesday, September 10th. They set a “buy” rating and a $79.00 price target on the stock. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $72.38.

Kura Sushi USA Company Profile