Teachers Advisors LLC raised its position in shares of Texas Roadhouse, Inc. (NASDAQ:TXRH) by 7.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 114,017 shares of the restaurant operator’s stock after buying an additional 8,037 shares during the period. Teachers Advisors LLC owned 0.16% of Texas Roadhouse worth $5,077,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TXRH. YorkBridge Wealth Partners LLC boosted its stake in Texas Roadhouse by 22.1% in the first quarter. YorkBridge Wealth Partners LLC now owns 2,072 shares of the restaurant operator’s stock worth $106,000 after buying an additional 375 shares during the period. Victory Capital Management Inc. boosted its stake in Texas Roadhouse by 227.8% in the first quarter. Victory Capital Management Inc. now owns 4,170 shares of the restaurant operator’s stock worth $186,000 after buying an additional 2,898 shares during the period. Sawtooth Solutions LLC boosted its stake in Texas Roadhouse by 11.6% in the first quarter. Sawtooth Solutions LLC now owns 4,835 shares of the restaurant operator’s stock worth $215,000 after buying an additional 501 shares during the period. LS Investment Advisors LLC boosted its stake in Texas Roadhouse by 28.6% in the first quarter. LS Investment Advisors LLC now owns 5,721 shares of the restaurant operator’s stock worth $255,000 after buying an additional 1,273 shares during the period. Finally, BB&T Securities LLC boosted its stake in Texas Roadhouse by 11.3% in the first quarter. BB&T Securities LLC now owns 6,557 shares of the restaurant operator’s stock worth $291,000 after buying an additional 666 shares during the period. Institutional investors own 88.37% of the company’s stock.

Texas Roadhouse, Inc. (TXRH) traded up 1.11% during mid-day trading on Friday, reaching $48.39. The company had a trading volume of 363,217 shares. Texas Roadhouse, Inc. has a 12 month low of $37.23 and a 12 month high of $51.91. The firm’s 50 day moving average price is $50.01 and its 200-day moving average price is $47.15. The company has a market capitalization of $3.43 billion, a price-to-earnings ratio of 29.13 and a beta of 0.54.

Texas Roadhouse (NASDAQ:TXRH) last posted its quarterly earnings data on Monday, July 31st. The restaurant operator reported $0.53 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.53. The firm had revenue of $566.30 million during the quarter, compared to the consensus estimate of $563.23 million. Texas Roadhouse had a return on equity of 16.49% and a net margin of 5.63%. The firm’s revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.47 EPS. Equities research analysts anticipate that Texas Roadhouse, Inc. will post $1.93 earnings per share for the current year.

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A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Texas Roadhouse from a “sell” rating to a “hold” rating in a research note on Thursday, May 4th. Maxim Group reiterated a “buy” rating and issued a $52.00 price target on shares of Texas Roadhouse in a research note on Thursday, April 27th. BMO Capital Markets reiterated a “hold” rating and issued a $48.00 price target (up from $41.00) on shares of Texas Roadhouse in a research note on Tuesday, May 2nd. Barclays PLC raised their price objective on Texas Roadhouse from $53.00 to $56.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, BidaskClub cut Texas Roadhouse from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $50.11.

In other Texas Roadhouse news, insider Scott Matthew Colosi sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $49.54, for a total transaction of $495,400.00. Following the completion of the sale, the insider now directly owns 60,058 shares of the company’s stock, valued at approximately $2,975,273.32. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kathy Widmer sold 5,200 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $48.97, for a total value of $254,644.00. Following the sale, the director now directly owns 13,750 shares of the company’s stock, valued at $673,337.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 17,037 shares of company stock valued at $841,802. 7.40% of the stock is owned by company insiders.

About Texas Roadhouse

Texas Roadhouse, Inc is a restaurant company, which operates in the casual dining segment. The Company offers an assortment of seasoned and aged steaks, all cooked over open grills and all but one hand cut daily on the premises. Its restaurants offer a range of menu items at prices that are designed to appeal to a range of consumer tastes.

Institutional Ownership by Quarter for Texas Roadhouse (NASDAQ:TXRH)

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