Trexquant Investment LP trimmed its position in BJ’s Restaurants, Inc. (NASDAQ:BJRI) by 28.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 17,802 shares of the restaurant operator’s stock after selling 7,172 shares during the period. Trexquant Investment LP owned 0.09% of BJ’s Restaurants worth $542,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in BJRI. Vanguard Group Inc. lifted its stake in shares of BJ’s Restaurants by 2.7% in the 1st quarter. Vanguard Group Inc. now owns 1,751,097 shares of the restaurant operator’s stock valued at $70,744,000 after acquiring an additional 46,308 shares during the last quarter. Geode Capital Management LLC raised its position in BJ’s Restaurants by 0.3% during the 1st quarter. Geode Capital Management LLC now owns 175,007 shares of the restaurant operator’s stock worth $7,070,000 after purchasing an additional 472 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in BJ’s Restaurants by 0.5% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 134,750 shares of the restaurant operator’s stock worth $5,444,000 after purchasing an additional 716 shares during the last quarter. Bank of America Corp DE raised its position in BJ’s Restaurants by 279.5% during the 1st quarter. Bank of America Corp DE now owns 68,854 shares of the restaurant operator’s stock worth $2,781,000 after purchasing an additional 50,712 shares during the last quarter. Finally, State Street Corp raised its position in BJ’s Restaurants by 8.0% during the 1st quarter. State Street Corp now owns 519,862 shares of the restaurant operator’s stock worth $21,000,000 after purchasing an additional 38,722 shares during the last quarter. Institutional investors own 92.29% of the company’s stock.

In other news, insider Brian S. Krakower sold 801 shares of BJ’s Restaurants stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $34.07, for a total value of $27,290.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Gregory S. Lynds sold 3,621 shares of BJ’s Restaurants stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $30.48, for a total value of $110,368.08. Following the completion of the transaction, the vice president now directly owns 19,103 shares of the company’s stock, valued at $582,259.44. The disclosure for this sale can be found here. Over the last three months, insiders sold 64,102 shares of company stock valued at $2,035,484. Corporate insiders own 6.80% of the company’s stock.

BJ’s Restaurants, Inc. (NASDAQ BJRI) opened at $35.55 on Friday. BJ’s Restaurants, Inc. has a 12-month low of $28.00 and a 12-month high of $47.55. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.56 and a quick ratio of 0.46. The firm has a market capitalization of $737.64, a PE ratio of 22.20, a PEG ratio of 1.69 and a beta of 0.96.

BJ’s Restaurants (NASDAQ:BJRI) last posted its quarterly earnings data on Thursday, October 26th. The restaurant operator reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.09). BJ’s Restaurants had a return on equity of 13.85% and a net margin of 3.30%. The business had revenue of $247.00 million during the quarter, compared to the consensus estimate of $248.73 million. During the same period last year, the business posted $0.30 earnings per share. The business’s revenue was up 5.7% on a year-over-year basis. research analysts predict that BJ’s Restaurants, Inc. will post 1.39 earnings per share for the current year.

The firm also recently disclosed a special dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 13th will be given a $0.11 dividend. The ex-dividend date of this dividend is Friday, November 10th. BJ’s Restaurants’s dividend payout ratio (DPR) is presently 7.24%.

Several research analysts recently issued reports on BJRI shares. Robert W. Baird reaffirmed a “hold” rating and set a $36.00 target price on shares of BJ’s Restaurants in a research report on Friday, September 1st. Barclays lowered their target price on BJ’s Restaurants from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Wednesday, October 18th. Canaccord Genuity lowered their target price on BJ’s Restaurants from $42.00 to $38.00 and set a “buy” rating for the company in a research report on Friday, October 27th. Zacks Investment Research raised BJ’s Restaurants from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Stifel Nicolaus started coverage on BJ’s Restaurants in a research report on Monday, October 2nd. They set a “hold” rating and a $32.00 target price for the company. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the stock. BJ’s Restaurants presently has a consensus rating of “Hold” and a consensus target price of $36.89.

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BJ’s Restaurants Company Profile

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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