Teachers Advisors LLC raised its holdings in shares of Potbelly Corporation (NASDAQ:PBPB) by 4.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 49,221 shares of the company’s stock after purchasing an additional 2,030 shares during the quarter. Teachers Advisors LLC owned 0.20% of Potbelly Corporation worth $566,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in PBPB. HighTower Advisors LLC bought a new stake in shares of Potbelly Corporation during the first quarter worth $150,000. Dubuque Bank & Trust Co. lifted its position in shares of Potbelly Corporation by 8.6% during the second quarter. Dubuque Bank & Trust Co. now owns 13,151 shares of the company’s stock worth $151,000 after purchasing an additional 1,037 shares during the last quarter. American International Group Inc. lifted its position in shares of Potbelly Corporation by 7.2% during the first quarter. American International Group Inc. now owns 14,685 shares of the company’s stock worth $204,000 after purchasing an additional 983 shares during the last quarter. Stephens Inc. AR lifted its position in shares of Potbelly Corporation by 32.0% during the second quarter. Stephens Inc. AR now owns 22,700 shares of the company’s stock worth $261,000 after purchasing an additional 5,500 shares during the last quarter. Finally, KCG Holdings Inc. lifted its position in shares of Potbelly Corporation by 43.3% during the first quarter. KCG Holdings Inc. now owns 19,697 shares of the company’s stock worth $274,000 after purchasing an additional 5,948 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

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Shares of Potbelly Corporation (PBPB) opened at $11.90 on Friday. The firm has a market capitalization of $284.01, a PE ratio of 30.13, a P/E/G ratio of 1.86 and a beta of 0.90. Potbelly Corporation has a fifty-two week low of $10.50 and a fifty-two week high of $14.55.

Potbelly Corporation (NASDAQ:PBPB) last released its quarterly earnings data on Friday, November 3rd. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.01. The firm had revenue of $106.10 million during the quarter, compared to the consensus estimate of $107.75 million. Potbelly Corporation had a return on equity of 7.80% and a net margin of 0.54%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.12 earnings per share. equities analysts forecast that Potbelly Corporation will post 0.31 EPS for the current fiscal year.

PBPB has been the subject of several research analyst reports. Maxim Group downgraded Potbelly Corporation from a “buy” rating to a “hold” rating and set a $13.00 target price for the company. in a research report on Friday, July 21st. BidaskClub downgraded Potbelly Corporation from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Zacks Investment Research upgraded Potbelly Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. Robert W. Baird restated a “hold” rating and issued a $13.00 price objective on shares of Potbelly Corporation in a report on Tuesday, September 19th. Finally, Piper Jaffray Companies upgraded Potbelly Corporation from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $12.00 to $17.00 in a report on Thursday, September 28th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Potbelly Corporation has a consensus rating of “Hold” and an average target price of $13.67.

Potbelly Corporation 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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Institutional Ownership by Quarter for Potbelly Corporation (NASDAQ:PBPB)

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