Citigroup Inc. Has $81,000 Holdings in Kura Sushi USA, Inc. (NASDAQ:KRUS)

Citigroup Inc. decreased its holdings in shares of Kura Sushi USA, Inc. (NASDAQ:KRUSFree Report) by 55.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,231 shares of the company’s stock after selling 1,541 shares during the quarter. Citigroup Inc.’s holdings in Kura Sushi USA were worth $81,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in KRUS. FMR LLC grew its holdings in shares of Kura Sushi USA by 80,772.3% in the 2nd quarter. FMR LLC now owns 228,060 shares of the company’s stock valued at $11,296,000 after acquiring an additional 227,778 shares in the last quarter. Marshall Wace LLP raised its holdings in Kura Sushi USA by 148.6% during the fourth quarter. Marshall Wace LLP now owns 204,837 shares of the company’s stock worth $9,767,000 after acquiring an additional 122,457 shares in the last quarter. BlackRock Inc. boosted its position in Kura Sushi USA by 33.7% during the second quarter. BlackRock Inc. now owns 387,168 shares of the company’s stock valued at $35,987,000 after purchasing an additional 97,654 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Kura Sushi USA by 45.7% during the 1st quarter. Ameriprise Financial Inc. now owns 289,570 shares of the company’s stock worth $19,065,000 after purchasing an additional 90,775 shares during the last quarter. Finally, Wasatch Advisors LP acquired a new position in shares of Kura Sushi USA during the 1st quarter worth approximately $5,276,000. Institutional investors own 65.49% of the company’s stock.

Analyst Upgrades and Downgrades

KRUS has been the topic of a number of recent analyst reports. Benchmark boosted their target price on shares of Kura Sushi USA from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, January 12th. Lake Street Capital lifted their price target on Kura Sushi USA from $63.00 to $70.00 and gave the stock a “hold” rating in a report on Friday, January 5th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Kura Sushi USA has a consensus rating of “Moderate Buy” and an average price target of $89.00.

View Our Latest Stock Report on KRUS

Kura Sushi USA Stock Down 4.0 %

Shares of NASDAQ:KRUS opened at $115.16 on Monday. Kura Sushi USA, Inc. has a 12-month low of $51.02 and a 12-month high of $122.81. The business has a 50 day moving average of $100.23 and a 200-day moving average of $80.01. The stock has a market cap of $1.29 billion, a PE ratio of 885.91 and a beta of 1.97.

Kura Sushi USA (NASDAQ:KRUSGet Free Report) last posted its quarterly earnings data on Thursday, January 4th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.07). Kura Sushi USA had a return on equity of 1.06% and a net margin of 0.77%. The firm had revenue of $51.48 million for the quarter, compared to the consensus estimate of $51.95 million. Equities research analysts expect that Kura Sushi USA, Inc. will post 0.37 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Brent Takao sold 14,422 shares of Kura Sushi USA stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $88.97, for a total value of $1,283,125.34. Following the completion of the sale, the insider now directly owns 1,687 shares in the company, valued at $150,092.39. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 1.60% of the company’s stock.

Kura Sushi USA Profile

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Institutional Ownership by Quarter for Kura Sushi USA (NASDAQ:KRUS)

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