The Manufacturers Life Insurance Company reduced its stake in Chuy's Holdings Inc (NASDAQ:CHUY) by 24.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,966 shares of the restaurant operator’s stock after selling 35,181 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Chuy's were worth $3,029,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of CHUY. Northern Trust Corp boosted its holdings in shares of Chuy's by 3.4% in the second quarter. Northern Trust Corp now owns 239,312 shares of the restaurant operator’s stock worth $5,600,000 after acquiring an additional 7,795 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Chuy's by 5.3% in the second quarter. Vanguard Group Inc. now owns 941,354 shares of the restaurant operator’s stock worth $22,027,000 after acquiring an additional 47,580 shares during the period. Voya Investment Management LLC boosted its holdings in shares of Chuy's by 15.1% in the second quarter. Voya Investment Management LLC now owns 9,004 shares of the restaurant operator’s stock worth $211,000 after acquiring an additional 1,178 shares during the period. State Street Corp boosted its holdings in shares of Chuy's by 5.0% in the second quarter. State Street Corp now owns 391,381 shares of the restaurant operator’s stock worth $9,159,000 after acquiring an additional 18,708 shares during the period. Finally, Nationwide Fund Advisors boosted its stake in Chuy's by 4.5% during the third quarter. Nationwide Fund Advisors now owns 232,355 shares of the restaurant operator’s stock valued at $4,891,000 after buying an additional 10,106 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

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Several equities research analysts recently issued reports on the company. BMO Capital Markets lifted their price objective on Chuy's to $30.00 and gave the company a “market perform” rating in a research note on Wednesday, January 10th. Zacks Investment Research raised Chuy's from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research note on Wednesday, January 31st. BidaskClub lowered Chuy's from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th. Wedbush reaffirmed a “hold” rating and set a $25.00 price target on shares of Chuy's in a research note on Friday, March 9th. Finally, ValuEngine lowered Chuy's from a “hold” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $27.20.

Shares of Chuy's Holdings Inc (CHUY) opened at $26.10 on Wednesday. Chuy's Holdings Inc has a 52 week low of $18.00 and a 52 week high of $32.10. The stock has a market capitalization of $441.45, a PE ratio of 27.19, a price-to-earnings-growth ratio of 1.44 and a beta of -0.28.

Chuy's (NASDAQ:CHUY) last issued its quarterly earnings results on Thursday, March 8th. The restaurant operator reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). The firm had revenue of $96.02 million for the quarter, compared to the consensus estimate of $95.80 million. Chuy's had a return on equity of 9.86% and a net margin of 7.83%. The company’s revenue for the quarter was up 21.5% on a year-over-year basis. During the same period last year, the firm earned $0.18 EPS. equities analysts predict that Chuy's Holdings Inc will post 1.11 earnings per share for the current fiscal year.

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Chuy's Profile

Chuy’s Holdings, Inc operates Chuy’s, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy’s restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads.

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Institutional Ownership by Quarter for Chuy's (NASDAQ:CHUY)

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