Habit Restaurants Inc (NASDAQ:HABT) COO Anthony Serritella sold 1,300 shares of Habit Restaurants stock in a transaction dated Friday, September 21st. The shares were sold at an average price of $16.51, for a total value of $21,463.00. Following the sale, the chief operating officer now owns 36,353 shares of the company’s stock, valued at $600,188.03. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

HABT opened at $15.90 on Thursday. Habit Restaurants Inc has a twelve month low of $8.10 and a twelve month high of $18.30. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.98 and a quick ratio of 0.93. The company has a market capitalization of $412.86 million, a P/E ratio of 99.38, a P/E/G ratio of 14.86 and a beta of 0.91.

Habit Restaurants (NASDAQ:HABT) last posted its earnings results on Wednesday, August 1st. The restaurant operator reported $0.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.05. Habit Restaurants had a positive return on equity of 1.68% and a negative net margin of 0.84%. The firm had revenue of $102.85 million during the quarter, compared to analyst estimates of $99.68 million. During the same period in the previous year, the company earned $0.06 EPS. The company’s revenue for the quarter was up 23.4% on a year-over-year basis. equities analysts expect that Habit Restaurants Inc will post 0.05 earnings per share for the current year.

Several research firms recently weighed in on HABT. Zacks Investment Research upgraded Habit Restaurants from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Wednesday. BidaskClub lowered Habit Restaurants from a “buy” rating to a “hold” rating in a report on Wednesday, September 19th. Wedbush restated a “buy” rating and issued a $20.00 target price on shares of Habit Restaurants in a report on Thursday, September 13th. Maxim Group lowered Habit Restaurants from a “buy” rating to a “hold” rating in a report on Friday, August 3rd. They noted that the move was a valuation call. Finally, ValuEngine upgraded Habit Restaurants from a “hold” rating to a “buy” rating in a report on Friday, August 3rd. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Habit Restaurants currently has a consensus rating of “Hold” and an average price target of $14.86.

Hedge funds and other institutional investors have recently modified their holdings of the business. Barclays PLC increased its position in Habit Restaurants by 173.1% in the 1st quarter. Barclays PLC now owns 23,131 shares of the restaurant operator’s stock worth $203,000 after buying an additional 14,662 shares during the period. Jane Street Group LLC increased its position in Habit Restaurants by 151.1% in the 1st quarter. Jane Street Group LLC now owns 28,369 shares of the restaurant operator’s stock worth $250,000 after buying an additional 17,070 shares during the period. Wrapmanager Inc. increased its position in Habit Restaurants by 13.8% in the 2nd quarter. Wrapmanager Inc. now owns 30,572 shares of the restaurant operator’s stock worth $306,000 after buying an additional 3,708 shares during the period. Engineers Gate Manager LP bought a new position in Habit Restaurants in the 1st quarter worth approximately $366,000. Finally, GSA Capital Partners LLP increased its position in Habit Restaurants by 196.1% in the 2nd quarter. GSA Capital Partners LLP now owns 45,300 shares of the restaurant operator’s stock worth $453,000 after buying an additional 30,000 shares during the period. 59.56% of the stock is currently owned by institutional investors.

About Habit Restaurants

The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.

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Insider Buying and Selling by Quarter for Habit Restaurants (NASDAQ:HABT)

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