Fmr LLC continued to hold its position in The Habit Restaurants, Inc. (NASDAQ:HABT) during the first quarter, Holdings Channel reports. The fund owned 12,200 shares of the restaurant operator’s stock at the end of the first quarter. Fmr LLC’s holdings in The Habit Restaurants were worth $216,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. purchased a new position in The Habit Restaurants during the first quarter valued at about $324,000. Keybank National Association OH purchased a new position in The Habit Restaurants during the first quarter valued at about $376,000. Teza Capital Management LLC purchased a new position in The Habit Restaurants during the first quarter valued at about $297,000. Bank of New York Mellon Corp boosted its position in The Habit Restaurants by 4.2% in the first quarter. Bank of New York Mellon Corp now owns 56,674 shares of the restaurant operator’s stock valued at $1,003,000 after buying an additional 2,280 shares in the last quarter. Finally, Wrapmanager Inc. purchased a new position in The Habit Restaurants during the first quarter valued at about $259,000. Hedge funds and other institutional investors own 98.55% of the company’s stock.

Shares of The Habit Restaurants, Inc. (HABT) opened at 13.80 on Thursday. The Habit Restaurants, Inc. has a one year low of $13.00 and a one year high of $19.75. The stock has a market cap of $280.58 million, a price-to-earnings ratio of 53.49 and a beta of 1.04. The company has a 50-day moving average of $16.04 and a 200 day moving average of $16.51.

The Habit Restaurants (NASDAQ:HABT) last released its earnings results on Wednesday, August 2nd. The restaurant operator reported $0.06 EPS for the quarter, meeting analysts’ consensus estimates of $0.06. The Habit Restaurants had a return on equity of 4.97% and a net margin of 1.64%. The company had revenue of $83.30 million during the quarter, compared to the consensus estimate of $84.15 million. During the same quarter last year, the company earned $0.09 earnings per share. The Habit Restaurants’s quarterly revenue was up 17.2% compared to the same quarter last year. On average, equities analysts forecast that The Habit Restaurants, Inc. will post $0.23 earnings per share for the current fiscal year.

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Several research firms recently issued reports on HABT. Zacks Investment Research cut shares of The Habit Restaurants from a “buy” rating to a “hold” rating in a research note on Thursday, June 1st. Cowen and Company boosted their target price on shares of The Habit Restaurants from $17.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, May 4th. Piper Jaffray Companies reiterated a “buy” rating on shares of The Habit Restaurants in a research note on Friday, July 14th. BidaskClub upgraded shares of The Habit Restaurants from a “strong sell” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Raymond James Financial, Inc. reissued an “outperform” rating and issued a $22.00 price target on shares of The Habit Restaurants in a report on Monday, July 24th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $19.92.

The Habit Restaurants Company Profile

The Habit Restaurants, Inc (Habit Burger Grill) is a fast casual restaurant company. The Company is engaged in preparing made-to-order char-grilled burgers and sandwiches featuring tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame. In addition, it offers sides, shakes and malts.

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Institutional Ownership by Quarter for The Habit Restaurants (NASDAQ:HABT)

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