Vanguard Group Inc. Buys 2,731 Shares of Kura Sushi USA, Inc. (NASDAQ:KRUS)

Vanguard Group Inc. grew its stake in Kura Sushi USA, Inc. (NASDAQ:KRUS) by 0.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 305,367 shares of the company’s stock after acquiring an additional 2,731 shares during the quarter. Vanguard Group Inc.’s holdings in Kura Sushi USA were worth $20,191,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Bank of New York Mellon Corp grew its position in Kura Sushi USA by 53.9% during the 1st quarter. Bank of New York Mellon Corp now owns 18,041 shares of the company’s stock worth $995,000 after acquiring an additional 6,321 shares during the last quarter. MetLife Investment Management LLC grew its position in Kura Sushi USA by 55.7% during the 1st quarter. MetLife Investment Management LLC now owns 2,310 shares of the company’s stock worth $127,000 after acquiring an additional 826 shares during the last quarter. Rhumbline Advisers bought a new stake in Kura Sushi USA during the 1st quarter worth approximately $221,000. BlackRock Inc. grew its position in Kura Sushi USA by 6.7% during the 1st quarter. BlackRock Inc. now owns 247,111 shares of the company’s stock worth $13,629,000 after acquiring an additional 15,517 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Kura Sushi USA by 292.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 20,992 shares of the company’s stock valued at $1,158,000 after buying an additional 15,649 shares during the last quarter. 65.49% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on KRUS shares. Citigroup increased their price objective on Kura Sushi USA from $122.00 to $124.00 and gave the company a “neutral” rating in a research report on Friday, April 5th. Barclays increased their price objective on Kura Sushi USA from $82.00 to $95.00 and gave the company an “equal weight” rating in a research report on Friday, April 5th. Craig Hallum increased their price objective on Kura Sushi USA from $90.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, April 2nd. Benchmark increased their price objective on Kura Sushi USA from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, January 12th. Finally, Roth Mkm increased their price objective on Kura Sushi USA from $87.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $108.86.

Kura Sushi USA Trading Down 2.1 %

Kura Sushi USA stock opened at $110.66 on Monday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 790.49 and a beta of 1.98. Kura Sushi USA, Inc. has a 1 year low of $51.02 and a 1 year high of $122.81. The business has a 50-day moving average of $103.43 and a 200-day moving average of $82.77.

Kura Sushi USA Profile