Point72 DIFC Ltd Has $107,000 Holdings in Chuy’s Holdings, Inc. (NASDAQ:CHUY)

Point72 DIFC Ltd raised its holdings in Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 257.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,129 shares of the restaurant operator’s stock after acquiring an additional 2,975 shares during the period. Point72 DIFC Ltd’s holdings in Chuy’s were worth $107,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Westwood Holdings Group Inc. grew its holdings in shares of Chuy’s by 27.2% during the 2nd quarter. Westwood Holdings Group Inc. now owns 1,206,181 shares of the restaurant operator’s stock valued at $31,264,000 after purchasing an additional 258,121 shares during the last quarter. Congress Asset Management Co. MA grew its stake in shares of Chuy’s by 29.9% during the first quarter. Congress Asset Management Co. MA now owns 946,167 shares of the restaurant operator’s stock worth $31,914,000 after buying an additional 217,838 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Chuy’s by 3.7% during the second quarter. Dimensional Fund Advisors LP now owns 907,918 shares of the restaurant operator’s stock worth $23,533,000 after buying an additional 32,142 shares in the last quarter. First Eagle Investment Management LLC lifted its stake in shares of Chuy’s by 20.6% in the 2nd quarter. First Eagle Investment Management LLC now owns 382,479 shares of the restaurant operator’s stock valued at $9,914,000 after acquiring an additional 65,300 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Chuy’s by 19.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 341,602 shares of the restaurant operator’s stock valued at $8,854,000 after acquiring an additional 55,465 shares in the last quarter. Institutional investors and hedge funds own 99.92% of the company’s stock.

Chuy’s Stock Performance

Chuy’s stock opened at $37.40 on Wednesday. The firm has a 50 day moving average price of $37.19 and a two-hundred day moving average price of $31.74. Chuy’s Holdings, Inc. has a 52-week low of $22.52 and a 52-week high of $39.40. The firm has a market cap of $644.40 million, a price-to-earnings ratio of 22.13 and a beta of 1.77.

Chuy’s (NASDAQ:CHUY) last released its earnings results on Friday, August 9th. The restaurant operator reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.01. The business had revenue of $119.80 million for the quarter, compared to analyst estimates of $120.46 million. Chuy’s had a net margin of 5.84% and a return on equity of 13.23%. As a group, equities research analysts predict that Chuy’s Holdings, Inc. will post 1.83 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on CHUY. Benchmark cut Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 target price for the company. in a report on Monday, August 19th. Stephens reiterated an “equal weight” rating and issued a $37.50 price objective on shares of Chuy’s in a report on Monday, August 12th. Wedbush reiterated a “neutral” rating and set a $37.50 target price (down from $38.00) on shares of Chuy’s in a research report on Monday, July 22nd. Jefferies Financial Group cut shares of Chuy’s from a “buy” rating to a “hold” rating and decreased their price target for the company from $38.00 to $24.00 in a research report on Thursday, July 11th. Finally, StockNews.com began coverage on shares of Chuy’s in a report on Wednesday. They set a “hold” rating on the stock. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $33.25.

Chuy’s Profile

Chuy’s Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy’s name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.