Southeast Asset Advisors Inc. lessened its holdings in shares of Ruby Tuesday, Inc. (NYSE:RT) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 155,800 shares of the restaurant operator’s stock after selling 1,080 shares during the quarter. Southeast Asset Advisors Inc. owned approximately 0.26% of Ruby Tuesday worth $313,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in RT. Thrivent Financial For Lutherans boosted its stake in Ruby Tuesday by 7.3% during the 1st quarter. Thrivent Financial For Lutherans now owns 35,460 shares of the restaurant operator’s stock worth $100,000 after purchasing an additional 2,420 shares during the last quarter. Marquette Asset Management Inc. boosted its stake in Ruby Tuesday by 9.5% during the 2nd quarter. Marquette Asset Management Inc. now owns 54,365 shares of the restaurant operator’s stock worth $109,000 after purchasing an additional 4,707 shares during the last quarter. Virtu KCG Holdings LLC acquired a new stake in Ruby Tuesday during the 2nd quarter worth $126,000. SG Americas Securities LLC acquired a new stake in Ruby Tuesday during the 2nd quarter worth $143,000. Finally, Comerica Bank boosted its stake in Ruby Tuesday by 4.3% during the 1st quarter. Comerica Bank now owns 57,012 shares of the restaurant operator’s stock worth $151,000 after purchasing an additional 2,332 shares during the last quarter. 76.07% of the stock is currently owned by institutional investors.

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Shares of Ruby Tuesday, Inc. (NYSE:RT) traded up 1.628% during midday trading on Thursday, reaching $2.185. 24,891 shares of the company’s stock traded hands. The company’s market capitalization is $131.22 million. The stock’s 50 day moving average is $2.10 and its 200-day moving average is $2.25. Ruby Tuesday, Inc. has a 52 week low of $1.69 and a 52 week high of $3.68.

Ruby Tuesday (NYSE:RT) last announced its quarterly earnings results on Monday, August 21st. The restaurant operator reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.07). Ruby Tuesday had a negative net margin of 11.15% and a negative return on equity of 5.30%. The firm had revenue of $254.86 million during the quarter. On average, analysts forecast that Ruby Tuesday, Inc. will post $0.08 earnings per share for the current fiscal year.

Ruby Tuesday Company Profile

Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.

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Institutional Ownership by Quarter for Ruby Tuesday (NYSE:RT)

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