Shares of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Analysts have set a twelve-month consensus target price of $27.38 for the company and are expecting that the company will post $0.34 earnings per share for the current quarter, according to Zacks. Zacks has also given RCI Hospitality an industry rank of 166 out of 265 based on the ratings given to its competitors.

Several analysts recently weighed in on RICK shares. Westpark Capital restated a “buy” rating and set a $30.00 price target on shares of RCI Hospitality in a report on Wednesday, October 11th. Zacks Investment Research raised RCI Hospitality from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a research report on Saturday, August 12th. Finally, ValuEngine downgraded RCI Hospitality from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.

RCI Hospitality (RICK) traded down $0.94 during mid-day trading on Wednesday, reaching $30.72. The company’s stock had a trading volume of 35,095 shares, compared to its average volume of 70,781. The company has a market cap of $307.99, a P/E ratio of 21.13 and a beta of 0.33. RCI Hospitality has a 1-year low of $14.27 and a 1-year high of $33.78. The company has a quick ratio of 0.88, a current ratio of 0.96 and a debt-to-equity ratio of 0.79.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 26th. Stockholders of record on Monday, December 11th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.39%. The ex-dividend date of this dividend is Friday, December 8th. RCI Hospitality’s payout ratio is 10.62%.

Several large investors have recently made changes to their positions in RICK. GSA Capital Partners LLP raised its position in RCI Hospitality by 374.4% during the third quarter. GSA Capital Partners LLP now owns 41,308 shares of the restaurant operator’s stock valued at $1,022,000 after acquiring an additional 32,600 shares in the last quarter. OxFORD Asset Management LLP lifted its position in RCI Hospitality by 398.0% during the third quarter. OxFORD Asset Management LLP now owns 77,193 shares of the restaurant operator’s stock worth $1,974,000 after buying an additional 61,692 shares in the last quarter. Wells Fargo & Company MN purchased a new position in RCI Hospitality during the third quarter worth approximately $338,000. JPMorgan Chase & Co. lifted its position in RCI Hospitality by 152.0% during the third quarter. JPMorgan Chase & Co. now owns 86,400 shares of the restaurant operator’s stock worth $2,209,000 after buying an additional 52,118 shares in the last quarter. Finally, Nordea Investment Management AB raised its position in RCI Hospitality by 66.3% in the third quarter. Nordea Investment Management AB now owns 15,800 shares of the restaurant operator’s stock valued at $391,000 after purchasing an additional 6,300 shares during the period. Hedge funds and other institutional investors own 48.73% of the company’s stock.

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