6 days Ago By Defense World Staff
Legal & General Group Plc cut its holdings in Kura Sushi USA, Inc. (NASDAQ:KRUS – Free Report) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 6,012 shares of the company’s stock after selling 536 shares during the period. Legal & General Group Plc’s holdings in Kura Sushi USA were worth $545,000 at the end of the most recent reporting period. Several other institutional investors have also added to or reduced their stakes in KRUS.
Russell Investments Group Ltd. boosted its stake in shares of Kura Sushi USA by 52.2% during the fourth quarter.
Russell Investments Group Ltd. now owns 94,960 shares of the company’s stock valued at $8,601,000 after purchasing an additional 32,581 shares during the period. Wells Fargo & Company MN boosted its position in Kura Sushi USA by 47.
5% during the 4th quarter. Wells Fargo & Company MN now owns 2,868 shares of the company’s stock valued at $260,000 after buying an additional 924 shares during the period. Geode Capital Management LLC boosted its position in Kura Sushi USA by 3.
0% during the 4th quarter. Geode Capital Management LLC now owns 142,521 shares of the company’s stock valued at $12,913,000 after buying an additional 4,192 shares during the period. JPMorgan Chase & Co.
grew its holdings in Kura Sushi USA by 840.2% in the 4th quarter. JPMorgan Chase & Co.
now owns 33,548 shares of the company’s stock worth $3,039,000 after acquiring an additional 29,980 shares during the last quarter. Finally, Segall Bryant & Hamill LLC increased its position in shares of Kura Sushi USA by 41.1% in the fourth quarter.
Segall Bryant & Hamill LLC now owns 78,948 shares of the company’s stock valued at $7,151,000 after acquiring an additional 22,991 shares during the period. 65.49% of the stock is currently owned by hedge funds and other institutional investors.
Kura Sushi USA Stock PerformanceNASDAQ KRUS opened at $60.66 on Tuesday. The business’s 50 day moving average price is $56.
03 and its 200-day moving average price is $78.31. The company has a market cap of $733.
08 million, a P/E ratio of -89.20 and a beta of 1.72.
Kura Sushi USA, Inc. has a fifty-two week low of $40.03 and a fifty-two week high of $121.
99. Kura Sushi USA (NASDAQ:KRUS – Get Free Report) last posted its quarterly earnings results on Tuesday, April 8th. The company reported ($0.
14) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.06).
The company had revenue of $64.89 million during the quarter, compared to the consensus estimate of $66.30 million.
Kura Sushi USA had a negative return on equity of 0.50% and a negative net margin of 3.08%.
During the same quarter in the previous year, the company posted ($0.09) earnings per share. As a group, equities analysts predict that Kura Sushi USA, Inc.
will post 0.22 EPS for the current year. Wall Street Analysts Forecast GrowthSeveral research firms recently weighed in on KRUS.
Benchmark cut their price target on shares of Kura Sushi USA from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, March 25th.
William Blair reiterated an “outperform” rating on shares of Kura Sushi USA in a research report on Wednesday, April 9th. Lake Street Capital lowered their price objective on shares of Kura Sushi USA from $103.00 to $62.
00 and set a “buy” rating for the company in a report on Wednesday, April 9th. TD Securities reiterated a “hold” rating and set a $72.00 target price on shares of Kura Sushi USA in a report on Friday, April 4th.
Finally, TD Cowen began coverage on Kura Sushi USA in a research report on Tuesday, February 25th. They issued a “hold” rating and a $72.00 target price for the company.
Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.
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