Elk Creek Partners LLC grew its position in Habit Restaurants Inc (NASDAQ:HABT) by 7.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 676,336 shares of the restaurant operator’s stock after acquiring an additional 45,808 shares during the quarter. Elk Creek Partners LLC owned 2.60% of Habit Restaurants worth $8,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in HABT. American International Group Inc. increased its position in shares of Habit Restaurants by 7.2% during the 1st quarter. American International Group Inc. now owns 8,300 shares of the restaurant operator’s stock valued at $147,000 after purchasing an additional 558 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Habit Restaurants by 11.9% during the 1st quarter. Vanguard Group Inc. now owns 1,416,536 shares of the restaurant operator’s stock valued at $25,072,000 after purchasing an additional 150,622 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Habit Restaurants by 3.5% during the 1st quarter. Geode Capital Management LLC now owns 140,205 shares of the restaurant operator’s stock valued at $2,481,000 after purchasing an additional 4,731 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Habit Restaurants by 207.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,477 shares of the restaurant operator’s stock valued at $1,672,000 after purchasing an additional 63,785 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Habit Restaurants by 47.2% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 63,182 shares of the restaurant operator’s stock valued at $1,119,000 after purchasing an additional 20,270 shares during the last quarter. 76.32% of the stock is currently owned by institutional investors and hedge funds.

Habit Restaurants Inc (HABT) opened at $9.30 on Friday. Habit Restaurants Inc has a 1-year low of $8.85 and a 1-year high of $19.75. The company has a current ratio of 1.43, a quick ratio of 1.39 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $242.03 and a price-to-earnings ratio of 40.65.

Habit Restaurants (NASDAQ:HABT) last posted its quarterly earnings data on Wednesday, November 1st. The restaurant operator reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.02). Habit Restaurants had a net margin of 1.46% and a return on equity of 4.09%. The business had revenue of $84.60 million for the quarter, compared to analysts’ expectations of $85.77 million. During the same quarter in the previous year, the firm earned $0.05 EPS. Habit Restaurants’s revenue was up 17.7% compared to the same quarter last year. equities analysts expect that Habit Restaurants Inc will post 0.16 earnings per share for the current year.

Several equities analysts have recently weighed in on the company. TheStreet raised Habit Restaurants from a “d” rating to a “c-” rating in a research report on Monday, November 20th. Wedbush downgraded Habit Restaurants from an “outperform” rating to a “neutral” rating and cut their target price for the company from $19.00 to $14.00 in a research report on Tuesday, September 26th. Robert W. Baird reissued a “buy” rating on shares of Habit Restaurants in a research report on Friday, September 8th. Stephens cut their target price on Habit Restaurants from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 11th. Finally, Zacks Investment Research raised Habit Restaurants from a “sell” rating to a “hold” rating in a research report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $16.36.

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Habit Restaurants Profile

The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers sides, shakes and malts.

Institutional Ownership by Quarter for Habit Restaurants (NASDAQ:HABT)

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