Nisa Investment Advisors LLC Purchases 466 Shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY)

Nisa Investment Advisors LLC increased its holdings in Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 85.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,014 shares of the restaurant operator’s stock after acquiring an additional 466 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Chuy’s were worth $26,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CHUY. First Eagle Investment Management LLC lifted its position in shares of Chuy’s by 13.2% in the 1st quarter. First Eagle Investment Management LLC now owns 317,179 shares of the restaurant operator’s stock worth $10,698,000 after purchasing an additional 37,076 shares during the period. Westwood Holdings Group Inc. boosted its position in Chuy’s by 10.7% during the 1st quarter. Westwood Holdings Group Inc. now owns 948,060 shares of the restaurant operator’s stock valued at $31,978,000 after acquiring an additional 91,612 shares in the last quarter. Wasatch Advisors LP increased its holdings in shares of Chuy’s by 16.9% in the 4th quarter. Wasatch Advisors LP now owns 262,297 shares of the restaurant operator’s stock valued at $10,028,000 after acquiring an additional 37,920 shares during the period. Congress Asset Management Co. MA raised its position in shares of Chuy’s by 29.9% in the 1st quarter. Congress Asset Management Co. MA now owns 946,167 shares of the restaurant operator’s stock worth $31,914,000 after acquiring an additional 217,838 shares in the last quarter. Finally, AJOVista LLC purchased a new stake in shares of Chuy’s during the 4th quarter worth $53,000. 99.92% of the stock is currently owned by institutional investors.

Chuy’s Price Performance

Shares of CHUY opened at $37.22 on Tuesday. The company’s fifty day moving average price is $31.73 and its 200-day moving average price is $31.18. Chuy’s Holdings, Inc. has a 1-year low of $22.52 and a 1-year high of $39.40. The firm has a market capitalization of $641.30 million, a PE ratio of 22.02 and a beta of 1.76.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the company. Stifel Nicolaus cut their target price on Chuy’s from $36.00 to $32.00 and set a “hold” rating on the stock in a research note on Tuesday, May 14th. Jefferies Financial Group lowered shares of Chuy’s from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $38.00 to $24.00 in a research note on Thursday, July 11th. Piper Sandler decreased their target price on shares of Chuy’s from $35.00 to $31.00 and set a “neutral” rating for the company in a research report on Monday, May 13th. StockNews.com assumed coverage on shares of Chuy’s in a report on Friday. They issued a “hold” rating on the stock. Finally, Benchmark lowered Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 price objective for the company. in a report on Monday, August 19th. Seven analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $33.25.

Chuy’s Company Profile

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.