2 weeks Ago By ABMN Staff
Wells Fargo & Company MN raised its holdings in shares of Brinker International, Inc. ( NYSE:EAT – Free Report ) by 17.1% in the fourth quarter, HoldingsChannel.
com reports. The firm owned 62,196 shares of the restaurant operator’s stock after buying an additional 9,062 shares during the period. Wells Fargo & Company MN’s holdings in Brinker International were worth $8,228,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in EAT. Horrell Capital Management Inc. lifted its stake in Brinker International by 0.
3% in the 4th quarter. Horrell Capital Management Inc. now owns 26,657 shares of the restaurant operator’s stock worth $3,526,000 after purchasing an additional 76 shares in the last quarter.
Wolff Wiese Magana LLC increased its position in Brinker International by 100.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 200 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 100 shares during the period.
Savant Capital LLC lifted its holdings in Brinker International by 4.7% in the fourth quarter. Savant Capital LLC now owns 3,274 shares of the restaurant operator’s stock worth $433,000 after buying an additional 147 shares during the period.
GAMMA Investing LLC increased its stake in shares of Brinker International by 123.9% in the 4th quarter. GAMMA Investing LLC now owns 309 shares of the restaurant operator’s stock worth $41,000 after acquiring an additional 171 shares in the last quarter.
Finally, Arizona State Retirement System boosted its position in shares of Brinker International by 1.4% in the 4th quarter. Arizona State Retirement System now owns 12,989 shares of the restaurant operator’s stock worth $1,718,000 after purchasing an additional 178 shares in the last quarter.
Insider Transactions at Brinker International In related news, Director Cindy L. Davis sold 5,802 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $187.
86, for a total value of $1,089,963.72. Following the sale, the director now directly owns 11,107 shares in the company, valued at approximately $2,086,561.
02. The trade was a 34.31 % decrease in their position.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Also, COO Douglas N. Comings sold 7,500 shares of the business’s stock in a transaction on Thursday, February 6th.
The stock was sold at an average price of $187.90, for a total value of $1,409,250.00.
Following the transaction, the chief operating officer now directly owns 34,252 shares of the company’s stock, valued at $6,435,950.80. The trade was a 17.
96 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 20,802 shares of company stock valued at $3,752,464 in the last quarter.
1.72% of the stock is currently owned by corporate insiders. Brinker International Stock Performance Brinker International ( NYSE:EAT – Get Free Report ) last issued its quarterly earnings data on Wednesday, January 29th.
The restaurant operator reported $2.80 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $1.
43. Brinker International had a net margin of 5.45% and a return on equity of 879.
47%. Equities analysts anticipate that Brinker International, Inc. will post 8.
3 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on EAT shares. Morgan Stanley upgraded shares of Brinker International from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $70.
00 to $115.00 in a report on Friday, December 20th. Northcoast Research raised Brinker International from a “neutral” rating to a “buy” rating and set a $215.
00 price target on the stock in a report on Thursday, January 30th. Stifel Nicolaus boosted their target price on Brinker International from $155.00 to $170.
00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Citigroup reduced their price target on shares of Brinker International from $185.00 to $170.
00 and set a “neutral” rating for the company in a research note on Thursday, April 10th. Finally, JPMorgan Chase & Co. raised their target price on shares of Brinker International from $140.
00 to $160.00 and gave the stock a “neutral” rating in a report on Thursday, January 30th. Thirteen research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock.
According to data from MarketBeat.com, Brinker International currently has a consensus rating of “Hold” and a consensus target price of $144.47.
Read Our Latest Research Report on EAT About Brinker International ( Free Report ) Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands. See Also Want to see what other hedge funds are holding EAT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Brinker International, Inc. ( NYSE:EAT – Free Report ). Receive News & Ratings for Brinker International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brinker International and related companies with MarketBeat.
com's FREE daily email newsletter ..
