Northern Trust Corp lowered its stake in Chuy’s Holdings Inc (NASDAQ:CHUY) by 8.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 222,004 shares of the restaurant operator’s stock after selling 21,230 shares during the quarter. Northern Trust Corp’s holdings in Chuy’s were worth $3,939,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of CHUY. Clearbridge Investments LLC raised its stake in shares of Chuy’s by 941,654.8% in the third quarter. Clearbridge Investments LLC now owns 583,888 shares of the restaurant operator’s stock worth $15,327,000 after buying an additional 583,826 shares during the period. BlackRock Inc. raised its stake in shares of Chuy’s by 3.0% in the fourth quarter. BlackRock Inc. now owns 2,527,198 shares of the restaurant operator’s stock worth $44,832,000 after buying an additional 74,094 shares during the period. Macquarie Group Ltd. grew its position in shares of Chuy’s by 4.4% during the third quarter. Macquarie Group Ltd. now owns 995,154 shares of the restaurant operator’s stock worth $26,123,000 after purchasing an additional 42,099 shares in the last quarter. Vanguard Group Inc grew its position in shares of Chuy’s by 4.0% during the third quarter. Vanguard Group Inc now owns 1,015,808 shares of the restaurant operator’s stock worth $26,665,000 after purchasing an additional 39,358 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Chuy’s by 4.0% during the third quarter. Vanguard Group Inc. now owns 1,015,808 shares of the restaurant operator’s stock worth $26,665,000 after purchasing an additional 39,358 shares in the last quarter.

Several analysts recently issued reports on CHUY shares. ValuEngine upgraded Chuy’s from a “sell” rating to a “hold” rating in a research report on Thursday, January 31st. BidaskClub upgraded Chuy’s from a “hold” rating to a “buy” rating in a research report on Saturday, February 2nd. Finally, Zacks Investment Research upgraded Chuy’s from a “strong sell” rating to a “hold” rating in a research report on Monday, February 4th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. Chuy’s has an average rating of “Hold” and a consensus price target of $28.57.

NASDAQ:CHUY opened at $20.01 on Tuesday. Chuy’s Holdings Inc has a 12-month low of $17.03 and a 12-month high of $34.10. The stock has a market cap of $344.05 million, a P/E ratio of 22.74, a price-to-earnings-growth ratio of 1.27 and a beta of 0.42.

Chuy’s (NASDAQ:CHUY) last released its quarterly earnings results on Thursday, March 7th. The restaurant operator reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). The firm had revenue of $96.84 million for the quarter, compared to analysts’ expectations of $98.07 million. Chuy’s had a net margin of 1.39% and a return on equity of 7.74%. As a group, analysts forecast that Chuy’s Holdings Inc will post 0.92 EPS for the current fiscal year.

In other Chuy’s news, Director Ira L. Zecher sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, March 19th. The stock was sold at an average price of $22.60, for a total transaction of $33,900.00. Following the completion of the transaction, the director now owns 2,237 shares in the company, valued at approximately $50,556.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.40% of the company’s stock.

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Chuy’s Profile

Chuy's Holdings, Inc, through its subsidiaries, owns and operates restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 31, 2017, the company operated 91 Chuy's restaurants in 19 states. Chuy's Holdings, Inc was founded in 1982 and is headquartered in Austin, Texas.

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

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