Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) Director Stephen P. Elker acquired 1,000 shares of the stock in a transaction that occurred on Wednesday, September 13th. The stock was acquired at an average price of $17.48 per share, with a total value of $17,480.00. Following the completion of the transaction, the director now directly owns 18,851 shares of the company’s stock, valued at approximately $329,515.48. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link.

Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) traded up 7.08% on Friday, hitting $18.15. The stock had a trading volume of 728,276 shares. The company’s 50-day moving average price is $17.54 and its 200 day moving average price is $20.75. Fiesta Restaurant Group, Inc. has a one year low of $15.50 and a one year high of $30.65. The firm’s market cap is $487.06 million.

Fiesta Restaurant Group (NASDAQ:FRGI) last released its quarterly earnings data on Monday, August 7th. The restaurant operator reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.03). The firm had revenue of $172.62 million for the quarter, compared to analyst estimates of $178.19 million. Fiesta Restaurant Group had a positive return on equity of 11.77% and a negative net margin of 2.75%. The company’s quarterly revenue was down 4.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.34 earnings per share. Analysts expect that Fiesta Restaurant Group, Inc. will post $1.02 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “Fiesta Restaurant Group, Inc. (FRGI) Director Buys $17,480.00 in Stock” was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another domain, it was stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at https://www.dailypolitical.com/2017/09/16/fiesta-restaurant-group-inc-frgi-director-buys-17480-00-in-stock.html.

Several research analysts recently weighed in on the company. TheStreet lowered Fiesta Restaurant Group from a “c-” rating to a “d+” rating in a research report on Thursday, September 7th. Raymond James Financial, Inc. reiterated a “market perform” rating on shares of Fiesta Restaurant Group in a research report on Monday, July 24th. BidaskClub lowered Fiesta Restaurant Group from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 16th. Zacks Investment Research lowered Fiesta Restaurant Group from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 27th. Finally, Piper Jaffray Companies lowered Fiesta Restaurant Group from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $17.00 to $14.00 in a research report on Thursday, September 7th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $24.33.

Several hedge funds have recently added to or reduced their stakes in the company. Arizona State Retirement System increased its holdings in shares of Fiesta Restaurant Group by 0.7% during the 2nd quarter. Arizona State Retirement System now owns 14,100 shares of the restaurant operator’s stock worth $291,000 after buying an additional 100 shares during the last quarter. Louisiana State Employees Retirement System increased its holdings in shares of Fiesta Restaurant Group by 1.9% during the 1st quarter. Louisiana State Employees Retirement System now owns 11,000 shares of the restaurant operator’s stock worth $266,000 after buying an additional 200 shares during the last quarter. Texas Permanent School Fund increased its holdings in shares of Fiesta Restaurant Group by 1.4% during the 2nd quarter. Texas Permanent School Fund now owns 19,760 shares of the restaurant operator’s stock worth $408,000 after buying an additional 268 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its holdings in shares of Fiesta Restaurant Group by 5.1% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,360 shares of the restaurant operator’s stock worth $131,000 after buying an additional 310 shares during the last quarter. Finally, Mason Street Advisors LLC increased its holdings in shares of Fiesta Restaurant Group by 7.7% during the 1st quarter. Mason Street Advisors LLC now owns 6,295 shares of the restaurant operator’s stock worth $152,000 after buying an additional 450 shares during the last quarter. Institutional investors and hedge funds own 94.09% of the company’s stock.

About Fiesta Restaurant Group

Fiesta Restaurant Group, Inc owns, operates and franchises two fast-casual restaurant brands, Pollo Tropical and Taco Cabana through its subsidiaries Pollo Operations, Inc, and its subsidiaries, and Pollo Franchise, Inc, (collectively Pollo Tropical) and Taco Cabana, Inc and its subsidiaries (collectively Taco Cabana).

Insider Buying and Selling by Quarter for Fiesta Restaurant Group (NASDAQ:FRGI)

Receive News & Ratings for Fiesta Restaurant Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fiesta Restaurant Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.