Potbelly Corp (PBPB) Shares Sold by Rothschild Investment Corp IL
Rothschild Investment Corp IL lowered its position in Potbelly Corp (NASDAQ:PBPB) by 14.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,280 shares of the company’s stock after selling 28,150 shares during the period. Rothschild Investment Corp IL owned 0.64% of Potbelly Corp worth $2,242,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Renaissance Technologies LLC raised its stake in shares of Potbelly Corp by 6.2% in the fourth quarter. Renaissance Technologies LLC now owns 2,002,900 shares of the company’s stock worth $25,837,000 after buying an additional 117,600 shares in the last quarter. Zuckerman Investment Group LLC increased its position in Potbelly Corp by 4.0% in the third quarter. Zuckerman Investment Group LLC now owns 655,933 shares of the company’s stock valued at $8,153,000 after buying an additional 25,340 shares during the last quarter. Tributary Capital Management LLC increased its position in Potbelly Corp by 30.6% in the third quarter. Tributary Capital Management LLC now owns 551,295 shares of the company’s stock valued at $6,853,000 after buying an additional 129,308 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Potbelly Corp by 33.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 539,602 shares of the company’s stock valued at $6,961,000 after buying an additional 133,812 shares during the last quarter. Finally, State Street Corp increased its position in Potbelly Corp by 4.2% in the fourth quarter. State Street Corp now owns 411,670 shares of the company’s stock valued at $5,311,000 after buying an additional 16,649 shares during the last quarter. 71.76% of the stock is owned by hedge funds and other institutional investors.
Potbelly Corp (NASDAQ:PBPB) traded up 0.72% on Thursday, reaching $14.00. The company’s stock had a trading volume of 116,125 shares. The company has a 50 day moving average of $13.39 and a 200 day moving average of $13.30. The firm has a market capitalization of $350.99 million, a price-to-earnings ratio of 45.16 and a beta of 0.96. Potbelly Corp has a 52 week low of $11.58 and a 52 week high of $14.78.
Potbelly Corp (NASDAQ:PBPB) last posted its earnings results on Tuesday, February 14th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.07 by $0.08. The firm had revenue of $102.40 million for the quarter, compared to analyst estimates of $102.27 million. Potbelly Corp had a return on equity of 8.23% and a net margin of 1.87%. Potbelly Corp’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.08 earnings per share. On average, analysts forecast that Potbelly Corp will post $0.47 earnings per share for the current year.
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Several research firms have commented on PBPB. Zacks Investment Research upgraded Potbelly Corp from a “sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a report on Friday, February 17th. TheStreet upgraded Potbelly Corp from a “c+” rating to a “b-” rating in a report on Friday, March 31st.
In related news, insider Anne Ewing sold 25,000 shares of the stock in a transaction on Friday, February 17th. The stock was sold at an average price of $13.56, for a total value of $339,000.00. Following the transaction, the insider now owns 25,000 shares of the company’s stock, valued at $339,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 9.30% of the company’s stock.
Potbelly Corp Company Profile
Potbelly Corporation owns and operates Potbelly Sandwich Works sandwich shops in the United States. The Company has domestic and international franchise operations of Potbelly Sandwich Works sandwich shops. As of December 25, 2016, the Company operated Potbelly Sandwich Works sandwich shops in 29 states and the District of Columbia.
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