Congress Wealth Management LLC DE Has $4.09 Million Stock Holdings in Chuy’s Holdings, Inc. (NASDAQ:CHUY)

Congress Wealth Management LLC DE lifted its stake in shares of Chuy’s Holdings, Inc. (NASDAQ:CHUYFree Report) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,896 shares of the restaurant operator’s stock after acquiring an additional 3,128 shares during the quarter. Congress Wealth Management LLC DE owned approximately 0.62% of Chuy’s worth $4,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in shares of Chuy’s by 11.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,957 shares of the restaurant operator’s stock valued at $141,000 after purchasing an additional 413 shares during the last quarter. Swiss National Bank boosted its position in Chuy’s by 1.3% during the third quarter. Swiss National Bank now owns 39,700 shares of the restaurant operator’s stock valued at $1,413,000 after acquiring an additional 500 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its holdings in Chuy’s by 2.7% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 29,560 shares of the restaurant operator’s stock worth $1,052,000 after acquiring an additional 788 shares during the period. AJOVista LLC bought a new position in shares of Chuy’s in the 4th quarter worth about $53,000. Finally, Russell Investments Group Ltd. lifted its stake in shares of Chuy’s by 3.0% in the 4th quarter. Russell Investments Group Ltd. now owns 49,250 shares of the restaurant operator’s stock valued at $1,883,000 after purchasing an additional 1,426 shares during the period. 99.92% of the stock is owned by institutional investors and hedge funds.

Chuy’s Price Performance

Shares of NASDAQ CHUY traded up $0.17 during mid-day trading on Friday, reaching $26.01. 295,403 shares of the company’s stock traded hands, compared to its average volume of 161,820. The business has a 50-day simple moving average of $30.64 and a 200 day simple moving average of $33.48. The stock has a market cap of $448.15 million, a P/E ratio of 15.39 and a beta of 1.68. Chuy’s Holdings, Inc. has a 1-year low of $25.68 and a 1-year high of $43.17.

Chuy’s (NASDAQ:CHUYGet Free Report) last released its quarterly earnings results on Thursday, May 9th. The restaurant operator reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.06. The business had revenue of $110.50 million during the quarter, compared to the consensus estimate of $111.67 million. Chuy’s had a return on equity of 13.51% and a net margin of 6.58%. The company’s quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.47 EPS. Equities research analysts anticipate that Chuy’s Holdings, Inc. will post 1.84 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CHUY has been the subject of several recent analyst reports. StockNews.com cut Chuy’s from a “buy” rating to a “hold” rating in a research note on Saturday, May 11th. Stephens reaffirmed an “overweight” rating and set a $40.00 price objective on shares of Chuy’s in a research report on Friday, May 10th. Benchmark reiterated a “buy” rating and set a $41.00 target price on shares of Chuy’s in a research report on Friday, May 10th. Piper Sandler cut their target price on shares of Chuy’s from $35.00 to $31.00 and set a “neutral” rating on the stock in a research note on Monday, May 13th. Finally, Stifel Nicolaus decreased their price target on shares of Chuy’s from $36.00 to $32.00 and set a “hold” rating for the company in a research note on Tuesday, May 14th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $38.14.

Get Our Latest Stock Analysis on CHUY

Chuy’s Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Chuy's (NASDAQ:CHUY)

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