Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG)‘s stock had its “hold” rating reissued by equities research analysts at Jefferies Group LLC in a research note issued on Wednesday. They currently have a $3.75 price objective on the restaurant operator’s stock, down from their previous price objective of $5.00. Jefferies Group LLC’s price objective would indicate a potential upside of 25.00% from the company’s current price.

Several other analysts have also commented on the stock. Zacks Investment Research lowered shares of Bravo Brio Restaurant Group from a “buy” rating to a “hold” rating in a report on Friday, May 5th. ValuEngine upgraded shares of Bravo Brio Restaurant Group from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st.

Shares of Bravo Brio Restaurant Group (NASDAQ BBRG) remained flat at $3.00 on Wednesday. 116,200 shares of the stock traded hands. The stock’s market capitalization is $45.48 million. Bravo Brio Restaurant Group has a 12-month low of $3.00 and a 12-month high of $5.35. The company’s 50-day moving average price is $4.10 and its 200 day moving average price is $4.47.

Bravo Brio Restaurant Group (NASDAQ:BBRG) last issued its quarterly earnings data on Thursday, August 3rd. The restaurant operator reported $0.13 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.06. Bravo Brio Restaurant Group had a negative net margin of 18.18% and a negative return on equity of 137.99%. The business had revenue of $103.04 million during the quarter, compared to analyst estimates of $104.20 million. During the same period last year, the business posted $0.06 earnings per share. Bravo Brio Restaurant Group’s quarterly revenue was down 2.1% compared to the same quarter last year. On average, equities research analysts anticipate that Bravo Brio Restaurant Group will post $0.26 EPS for the current year.

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Institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. acquired a new position in Bravo Brio Restaurant Group during the fourth quarter valued at about $125,000. Renaissance Technologies LLC acquired a new position in Bravo Brio Restaurant Group during the fourth quarter valued at about $216,000. Rice Hall James & Associates LLC raised its position in Bravo Brio Restaurant Group by 10.0% in the first quarter. Rice Hall James & Associates LLC now owns 176,809 shares of the restaurant operator’s stock valued at $902,000 after buying an additional 16,141 shares during the last quarter. Heartland Advisors Inc. raised its position in Bravo Brio Restaurant Group by 19.0% in the first quarter. Heartland Advisors Inc. now owns 1,148,375 shares of the restaurant operator’s stock valued at $5,857,000 after buying an additional 183,400 shares during the last quarter. Finally, Algert Global LLC raised its position in Bravo Brio Restaurant Group by 11.6% in the first quarter. Algert Global LLC now owns 128,490 shares of the restaurant operator’s stock valued at $655,000 after buying an additional 13,366 shares during the last quarter. Hedge funds and other institutional investors own 58.47% of the company’s stock.

About Bravo Brio Restaurant Group

Bravo Brio Restaurant Group, Inc is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Company operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.

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