New York State Teachers Retirement System Sells 400 Shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY)

New York State Teachers Retirement System decreased its stake in Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,083 shares of the restaurant operator’s stock after selling 400 shares during the period. New York State Teachers Retirement System’s holdings in Chuy’s were worth $768,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Public Employees Retirement System of Ohio increased its holdings in shares of Chuy’s by 16.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 52,281 shares of the restaurant operator’s stock worth $1,860,000 after buying an additional 7,511 shares during the last quarter. Walleye Capital LLC purchased a new stake in shares of Chuy’s in the 3rd quarter valued at $366,000. Comerica Bank purchased a new stake in shares of Chuy’s in the 3rd quarter valued at $242,000. Townsquare Capital LLC boosted its stake in shares of Chuy’s by 86.2% in the 3rd quarter. Townsquare Capital LLC now owns 19,111 shares of the restaurant operator’s stock valued at $680,000 after purchasing an additional 8,845 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Chuy’s by 19.7% in the 3rd quarter. Royal Bank of Canada now owns 14,248 shares of the restaurant operator’s stock valued at $506,000 after purchasing an additional 2,343 shares in the last quarter. Institutional investors own 99.92% of the company’s stock.

Chuy’s Stock Up 0.4 %

Shares of CHUY opened at $30.43 on Friday. The firm has a fifty day simple moving average of $33.41 and a two-hundred day simple moving average of $34.37. Chuy’s Holdings, Inc. has a twelve month low of $30.12 and a twelve month high of $43.17. The stock has a market capitalization of $527.35 million, a P/E ratio of 17.49 and a beta of 1.63.

Chuy’s (NASDAQ:CHUY) last posted its earnings results on Thursday, February 22nd. The restaurant operator reported $0.45 EPS for the quarter, topping the consensus estimate of $0.38 by $0.07. Chuy’s had a net margin of 6.83% and a return on equity of 13.96%. The firm had revenue of $116.30 million during the quarter, compared to analysts’ expectations of $116.63 million. During the same period last year, the company posted $0.27 EPS. The company’s quarterly revenue was up 11.7% compared to the same quarter last year. Sell-side analysts expect that Chuy’s Holdings, Inc. will post 1.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. StockNews.com cut shares of Chuy’s from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Piper Sandler cut their price objective on shares of Chuy’s from $39.00 to $35.00 and set a “neutral” rating for the company in a research note on Friday, February 23rd. Wedbush cut their price objective on shares of Chuy’s from $41.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday, February 23rd. Finally, Stephens initiated coverage on shares of Chuy’s in a research report on Friday, April 12th. They set an “overweight” rating and a $40.00 price target for the company. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $39.71.

About Chuy’s

Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.