Swiss National Bank continued to hold its position in BJ’s Restaurants, Inc. (NASDAQ:BJRI) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,600 shares of the restaurant operator’s stock at the close of the second quarter. Swiss National Bank owned about 0.14% of BJ’s Restaurants worth $1,140,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of BJRI. First Trust Advisors LP bought a new position in shares of BJ’s Restaurants in the first quarter valued at approximately $1,590,000. Bank of New York Mellon Corp raised its stake in shares of BJ’s Restaurants by 0.7% in the first quarter. Bank of New York Mellon Corp now owns 276,753 shares of the restaurant operator’s stock valued at $11,181,000 after acquiring an additional 1,982 shares during the last quarter. Karp Capital Management Corp bought a new position in shares of BJ’s Restaurants in the first quarter valued at approximately $265,000. Sei Investments Co. raised its stake in shares of BJ’s Restaurants by 265.8% in the first quarter. Sei Investments Co. now owns 6,006 shares of the restaurant operator’s stock valued at $243,000 after acquiring an additional 4,364 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of BJ’s Restaurants by 1.6% in the first quarter. Ameriprise Financial Inc. now owns 98,635 shares of the restaurant operator’s stock valued at $3,986,000 after acquiring an additional 1,535 shares during the last quarter. Institutional investors own 99.55% of the company’s stock.

BJRI has been the subject of a number of research analyst reports. Canaccord Genuity reiterated a “buy” rating and issued a $42.00 target price on shares of BJ’s Restaurants in a research note on Friday, July 28th. TheStreet cut shares of BJ’s Restaurants from a “b” rating to a “c+” rating in a research note on Friday, July 7th. Morgan Stanley reiterated an “equal weight” rating and issued a $41.00 target price (down previously from $44.00) on shares of BJ’s Restaurants in a research note on Saturday, July 22nd. Piper Jaffray Companies reiterated a “hold” rating and issued a $44.00 target price on shares of BJ’s Restaurants in a research note on Friday, July 14th. Finally, Stifel Nicolaus initiated coverage on shares of BJ’s Restaurants in a research note on Monday, October 2nd. They issued a “hold” rating and a $32.00 target price for the company. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $39.22.

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BJ’s Restaurants, Inc. (NASDAQ:BJRI) opened at 30.05 on Friday. The company has a market cap of $644.45 million, a PE ratio of 17.71 and a beta of 1.07. BJ’s Restaurants, Inc. has a 52-week low of $28.00 and a 52-week high of $47.55. The company has a 50-day moving average of $29.85 and a 200 day moving average of $36.96.

BJ’s Restaurants (NASDAQ:BJRI) last issued its earnings results on Thursday, July 27th. The restaurant operator reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). BJ’s Restaurants had a net margin of 3.82% and a return on equity of 14.51%. The company had revenue of $265.80 million during the quarter, compared to analyst estimates of $269.48 million. During the same quarter in the prior year, the business earned $0.56 EPS. The business’s quarterly revenue was up 6.2% on a year-over-year basis. Equities research analysts predict that BJ’s Restaurants, Inc. will post $1.61 EPS for the current year.

About BJ’s Restaurants

BJ’s Restaurants, Inc owns and operates restaurants. The Company segment includes casual dining company-owned restaurants. Each of its restaurants is operated either as a BJ’s Restaurant & Brewhouse, a BJ’s Restaurant & Brewery, a BJ’s Pizza & Grill or a BJ’s Grill restaurant. The Company’s restaurants offer craft beers and other beers, as well as a selection of appetizers, entrees, pastas, burgers and sandwiches, specialty salads, and desserts, including its warm pizza cookie dessert, the Pizookie.

Institutional Ownership by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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