Chuy’s Holdings Inc. (NASDAQ:CHUY) shares saw unusually-strong trading volume on Friday . Approximately 104,985 shares were traded during mid-day trading, a decline of 20% from the previous session’s volume of 130,969 shares.The stock last traded at $35.72 and had previously closed at $35.63.

A number of equities analysts have recently weighed in on CHUY shares. Zacks Investment Research raised shares of Chuy’s Holdings from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a research report on Thursday, May 5th. Robert W. Baird reissued a “hold” rating on shares of Chuy’s Holdings in a research report on Monday, May 16th. Jefferies Group reissued a “hold” rating and issued a $33.00 price objective (up previously from $31.00) on shares of Chuy’s Holdings in a research report on Friday, May 6th. BMO Capital Markets reissued a “hold” rating on shares of Chuy’s Holdings in a research report on Wednesday, May 4th. Finally, TheStreet raised shares of Chuy’s Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, May 3rd. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Chuy’s Holdings presently has an average rating of “Buy” and a consensus target price of $36.71.

The stock has a 50 day moving average of $34.57 and a 200-day moving average of $32.53. The firm has a market capitalization of $592.92 million and a P/E ratio of 42.18.

Chuy’s Holdings (NASDAQ:CHUY) last posted its quarterly earnings data on Tuesday, May 3rd. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.05. The business had revenue of $78.10 million for the quarter, compared to the consensus estimate of $76.94 million. The business’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same quarter last year, the business posted $0.19 EPS. Analysts predict that Chuy’s Holdings Inc. will post $1.08 EPS for the current year.

In other news, CEO Steven J. Hislop sold 6,295 shares of the firm’s stock in a transaction dated Tuesday, June 28th. The shares were sold at an average price of $34.04, for a total transaction of $214,281.80. Following the completion of the transaction, the chief executive officer now owns 121,500 shares in the company, valued at approximately $4,135,860. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Michael Roger Young sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, May 10th. The shares were sold at an average price of $33.44, for a total transaction of $33,440.00. Following the transaction, the director now owns 862 shares of the company’s stock, valued at approximately $28,825.28. The disclosure for this sale can be found here.

Other institutional investors have bought and sold shares of the company. Employees Retirement System of Texas acquired a new position in Chuy’s Holdings during the fourth quarter valued at $1,128,000. Dimensional Fund Advisors LP raised its position in Chuy’s Holdings by 22.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 567,764 shares of the company’s stock valued at $17,794,000 after buying an additional 102,752 shares during the period. Morgan Stanley raised its position in Chuy’s Holdings by 508.5% in the fourth quarter. Morgan Stanley now owns 60,358 shares of the company’s stock valued at $1,892,000 after buying an additional 50,439 shares during the period. Sei Investments Co. raised its position in Chuy’s Holdings by 126.3% in the fourth quarter. Sei Investments Co. now owns 78,195 shares of the company’s stock valued at $2,450,000 after buying an additional 43,648 shares during the period. Finally, Nationwide Fund Advisors raised its position in Chuy’s Holdings by 22.0% in the fourth quarter. Nationwide Fund Advisors now owns 142,220 shares of the company’s stock valued at $4,457,000 after buying an additional 25,616 shares during the period.

Chuy’s Holdings, Inc is a full-service restaurant concept company offering a menu of Mexican and Tex Mex inspired food. The Company operates through full-service, casual dining, Mexican food restaurants segment. The Company operates its restaurants under the name Chuy’s. The Company operates approximately 70 Chuy’s restaurants across 14 states.

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