Aperio Group LLC increased its position in shares of Brinker International, Inc. (NYSE:EAT) by 3.1% during the second quarter, Holdings Channel reports. The fund owned 69,873 shares of the restaurant operator’s stock after buying an additional 2,082 shares during the period. Aperio Group LLC’s holdings in Brinker International were worth $2,662,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. LS Investment Advisors LLC boosted its position in Brinker International by 14.2% in the second quarter. LS Investment Advisors LLC now owns 4,689 shares of the restaurant operator’s stock worth $179,000 after buying an additional 582 shares during the last quarter. Kernodle & Katon Asset Management Group LLC boosted its position in Brinker International by 0.4% in the first quarter. Kernodle & Katon Asset Management Group LLC now owns 4,864 shares of the restaurant operator’s stock worth $214,000 after buying an additional 17 shares during the last quarter. Eqis Capital Management Inc. boosted its position in Brinker International by 0.3% in the first quarter. Eqis Capital Management Inc. now owns 6,393 shares of the restaurant operator’s stock worth $281,000 after buying an additional 18 shares during the last quarter. Segantii Capital Management Ltd bought a new position in Brinker International during the first quarter worth approximately $286,000. Finally, Creative Planning boosted its position in Brinker International by 2.7% in the first quarter. Creative Planning now owns 6,843 shares of the restaurant operator’s stock worth $301,000 after buying an additional 180 shares during the last quarter.

Brinker International, Inc. (NYSE:EAT) traded up 0.96% during mid-day trading on Friday, hitting $34.71. 931,667 shares of the company were exchanged. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 11.34 and a beta of 0.25. The firm has a 50 day moving average price of $37.21 and a 200 day moving average price of $41.61. Brinker International, Inc. has a 12 month low of $34.19 and a 12 month high of $55.84.

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A number of research analysts have commented on the stock. Barclays PLC decreased their target price on shares of Brinker International from $47.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 19th. BidaskClub cut shares of Brinker International from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. ValuEngine cut shares of Brinker International from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Maxim Group decreased their target price on shares of Brinker International from $54.00 to $49.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Zacks Investment Research cut shares of Brinker International from a “hold” rating to a “strong sell” rating in a research report on Friday, July 21st. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $46.54.

In related news, EVP Steve Provost sold 2,750 shares of the business’s stock in a transaction that occurred on Thursday, May 11th. The stock was sold at an average price of $44.06, for a total transaction of $121,165.00. Following the transaction, the executive vice president now directly owns 29,780 shares of the company’s stock, valued at approximately $1,312,106.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.76% of the company’s stock.

Brinker International Company Profile

Brinker International, Inc is engaged in the ownership, operation, development, and franchising of the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. The Company’s Chili’s operates Bar & Grill category of casual dining. Chili’s menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa.

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Institutional Ownership by Quarter for Brinker International (NYSE:EAT)

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