Chuy’s Holdings Inc. (NASDAQ:CHUY)’s share price fell 1.6% on Tuesday . The stock traded as low as $29.76 and last traded at $30.03, with a volume of 159,875 shares trading hands. The stock had previously closed at $30.53.

Several research firms have recently weighed in on CHUY. BMO Capital Markets reissued a “hold” rating and set a $34.00 price target on shares of Chuy’s Holdings in a report on Wednesday, August 3rd. Jefferies Group reaffirmed a “hold” rating and issued a $33.00 target price (up from $31.00) on shares of Chuy’s Holdings in a report on Friday, May 6th. Robert W. Baird reaffirmed a “hold” rating on shares of Chuy’s Holdings in a report on Monday, May 16th. Stifel Nicolaus cut Chuy’s Holdings from a “buy” rating to a “hold” rating and decreased their target price for the stock from $45.00 to $32.00 in a report on Tuesday, July 26th. Finally, Zacks Investment Research cut Chuy’s Holdings from a “buy” rating to a “hold” rating in a report on Thursday, July 28th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $34.67.

The firm has a market capitalization of $505.33 million and a price-to-earnings ratio of 34.95. The stock has a 50 day moving average price of $33.61 and a 200 day moving average price of $32.69.

Chuy’s Holdings (NASDAQ:CHUY) last released its earnings results on Tuesday, August 2nd. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03. The company earned $87.90 million during the quarter, compared to analysts’ expectations of $87.45 million. During the same quarter in the previous year, the firm posted $0.32 earnings per share. Chuy’s Holdings’s revenue for the quarter was up 16.6% compared to the same quarter last year. Equities research analysts expect that Chuy’s Holdings Inc. will post $1.08 earnings per share for the current fiscal year.

In other Chuy’s Holdings news, Director Michael Roger Young sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of $33.67, for a total transaction of $33,670.00. Following the completion of the sale, the director now directly owns 862 shares in the company, valued at $29,023.54. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Steven J. Hislop sold 6,295 shares of the business’s stock in a transaction that occurred on Tuesday, June 28th. The stock was sold at an average price of $34.04, for a total transaction of $214,281.80. Following the sale, the chief executive officer now owns 121,500 shares of the company’s stock, valued at $4,135,860. The disclosure for this sale can be found here.

A hedge fund recently bought a new stake in Chuy’s Holdings stock. Employees Retirement System of Texas acquired a new stake in Chuy’s Holdings Inc. (NASDAQ:CHUY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 36,000 shares of the company’s stock, valued at approximately $1,128,000. Employees Retirement System of Texas owned approximately 0.22% of Chuy’s Holdings at the end of the most recent quarter.

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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