Dimensional Fund Advisors LP Raises Holdings in Kura Sushi USA, Inc. (NASDAQ:KRUS)

Dimensional Fund Advisors LP increased its position in Kura Sushi USA, Inc. (NASDAQ:KRUS) by 1.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 154,722 shares of the company’s stock after acquiring an additional 1,460 shares during the quarter. Dimensional Fund Advisors LP owned about 1.28% of Kura Sushi USA worth $14,014,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Barclays PLC increased its stake in shares of Kura Sushi USA by 438.6% in the third quarter. Barclays PLC now owns 11,333 shares of the company’s stock worth $914,000 after purchasing an additional 9,229 shares in the last quarter. Moody National Bank Trust Division boosted its holdings in Kura Sushi USA by 13.4% in the 4th quarter. Moody National Bank Trust Division now owns 23,067 shares of the company’s stock worth $2,089,000 after buying an additional 2,728 shares during the period. Calamos Advisors LLC purchased a new position in Kura Sushi USA in the 4th quarter valued at approximately $1,567,000. Rhumbline Advisers lifted its position in shares of Kura Sushi USA by 70.0% during the fourth quarter. Rhumbline Advisers now owns 13,521 shares of the company’s stock worth $1,225,000 after acquiring an additional 5,567 shares in the last quarter. Finally, Arcadia Investment Management Corp MI bought a new position in shares of Kura Sushi USA in the fourth quarter worth $31,000. Hedge funds and other institutional investors own 65.49% of the company’s stock.

Kura Sushi USA Price Performance

Shares of NASDAQ KRUS opened at $60.54 on Friday. The stock has a market capitalization of $731.63 million, a P/E ratio of -89.03 and a beta of 1.55. Kura Sushi USA, Inc. has a one year low of $40.03 and a one year high of $121.99. The firm’s 50 day simple moving average is $55.16 and its two-hundred day simple moving average is $76.98.

Kura Sushi USA (NASDAQ:KRUS) last issued its earnings results on Tuesday, April 8th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.06). Kura Sushi USA had a negative return on equity of 0.50% and a negative net margin of 3.08%. The business had revenue of $64.89 million during the quarter, compared to analysts’ expectations of $66.30 million. During the same quarter in the previous year, the business earned ($0.09) EPS. As a group, equities analysts expect that Kura Sushi USA, Inc. will post 0.22 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

KRUS has been the subject of several analyst reports. TD Securities restated a “hold” rating and issued a $72.00 target price on shares of Kura Sushi USA in a research note on Friday, April 4th. Benchmark reduced their price objective on shares of Kura Sushi USA from $115.00 to $100.00 and set a “buy” rating for the company in a research note on Tuesday, March 25th. William Blair reissued an “outperform” rating on shares of Kura Sushi USA in a report on Wednesday, April 9th. Barclays lowered their price objective on Kura Sushi USA from $75.00 to $52.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 9th. Finally, Citigroup reduced their target price on Kura Sushi USA from $71.00 to $47.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $77.20.

About Kura Sushi USA