WINTON GROUP Ltd purchased a new stake in Brinker International, Inc. (NYSE:EAT) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 60,852 shares of the restaurant operator’s stock, valued at approximately $1,939,000. WINTON GROUP Ltd owned approximately 0.13% of Brinker International as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in EAT. Oregon Public Employees Retirement Fund lifted its position in Brinker International by 3.9% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 20,329 shares of the restaurant operator’s stock worth $775,000 after buying an additional 765 shares in the last quarter. LS Investment Advisors LLC lifted its position in Brinker International by 14.2% in the 2nd quarter. LS Investment Advisors LLC now owns 4,689 shares of the restaurant operator’s stock worth $179,000 after buying an additional 582 shares in the last quarter. Louisiana State Employees Retirement System lifted its position in Brinker International by 4.1% in the 2nd quarter. Louisiana State Employees Retirement System now owns 12,800 shares of the restaurant operator’s stock worth $488,000 after buying an additional 500 shares in the last quarter. Aperio Group LLC lifted its position in Brinker International by 3.1% in the 2nd quarter. Aperio Group LLC now owns 69,873 shares of the restaurant operator’s stock worth $2,662,000 after buying an additional 2,082 shares in the last quarter. Finally, State Treasurer State of Michigan lifted its position in Brinker International by 1.5% in the 2nd quarter. State Treasurer State of Michigan now owns 20,177 shares of the restaurant operator’s stock worth $769,000 after buying an additional 300 shares in the last quarter.

In related news, SVP Charles A. Lousignont sold 3,364 shares of the firm’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $33.00, for a total value of $111,012.00. Following the transaction, the senior vice president now directly owns 15,074 shares in the company, valued at approximately $497,442. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael A. George bought 16,450 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was purchased at an average price of $30.31 per share, for a total transaction of $498,599.50. Following the completion of the purchase, the director now directly owns 49,952 shares in the company, valued at approximately $1,514,045.12. The disclosure for this purchase can be found here. 1.91% of the stock is currently owned by company insiders.

Brinker International, Inc. (NYSE EAT) opened at $36.03 on Monday. The firm has a market cap of $1,667.84, a price-to-earnings ratio of 11.40, a PEG ratio of 1.13 and a beta of 0.24. The company has a debt-to-equity ratio of -2.51, a quick ratio of 0.28 and a current ratio of 0.34. Brinker International, Inc. has a twelve month low of $29.50 and a twelve month high of $54.43.

Brinker International (NYSE:EAT) last released its quarterly earnings results on Wednesday, November 1st. The restaurant operator reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.01). The business had revenue of $739.40 million for the quarter, compared to the consensus estimate of $749.05 million. Brinker International had a net margin of 4.39% and a negative return on equity of 30.36%. The firm’s revenue for the quarter was down 2.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.49 EPS. sell-side analysts forecast that Brinker International, Inc. will post 3.22 earnings per share for the current fiscal year.

Brinker International declared that its board has initiated a share repurchase plan on Thursday, August 10th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the restaurant operator to repurchase up to 14.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its stock is undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Stockholders of record on Friday, December 8th will be issued a dividend of $0.38 per share. The ex-dividend date is Thursday, December 7th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.22%. Brinker International’s dividend payout ratio is currently 54.87%.

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $40.00 target price (down previously from $49.00) on shares of Brinker International in a research report on Wednesday, August 9th. Maxim Group reiterated a “buy” rating and issued a $49.00 target price (down previously from $54.00) on shares of Brinker International in a research report on Wednesday, August 9th. Barclays cut their target price on shares of Brinker International from $44.00 to $41.00 and set an “equal weight” rating for the company in a research report on Friday, August 11th. Piper Jaffray Companies reiterated a “hold” rating on shares of Brinker International in a research report on Friday, August 11th. Finally, Stifel Nicolaus assumed coverage on shares of Brinker International in a research report on Monday, October 2nd. They issued a “hold” rating and a $36.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $40.50.

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Brinker International Company Profile

Brinker International, Inc is engaged in the ownership, operation, development, and franchising of the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. The Company’s Chili’s operates Bar & Grill category of casual dining. Chili’s menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa.

Institutional Ownership by Quarter for Brinker International (NYSE:EAT)

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