1,926 Shares in Brinker International, Inc. (NYSE:EAT) Bought by Captrust Financial Advisors

Captrust Financial Advisors purchased a new position in Brinker International, Inc. (NYSE:EAT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,926 shares of the restaurant operator’s stock, valued at approximately $255,000.

A number of other institutional investors also recently bought and sold shares of the stock. Horrell Capital Management Inc. lifted its position in Brinker International by 0.3% in the fourth quarter. Horrell Capital Management Inc. now owns 26,657 shares of the restaurant operator’s stock worth $3,526,000 after buying an additional 76 shares during the last quarter. AdvisorShares Investments LLC lifted its position in Brinker International by 4.4% in the fourth quarter. AdvisorShares Investments LLC now owns 2,131 shares of the restaurant operator’s stock worth $282,000 after buying an additional 89 shares during the last quarter. Savant Capital LLC lifted its position in Brinker International by 4.7% in the fourth quarter. Savant Capital LLC now owns 3,274 shares of the restaurant operator’s stock worth $433,000 after buying an additional 147 shares during the last quarter. Summit Investment Advisors Inc. lifted its position in Brinker International by 3.4% in the fourth quarter. Summit Investment Advisors Inc. now owns 4,509 shares of the restaurant operator’s stock worth $596,000 after buying an additional 148 shares during the last quarter. Finally, Arizona State Retirement System lifted its position in Brinker International by 1.4% in the fourth quarter. Arizona State Retirement System now owns 12,989 shares of the restaurant operator’s stock worth $1,718,000 after buying an additional 178 shares during the last quarter.

Insider Activity

In other Brinker International news, COO Douglas N. Comings sold 2,350 shares of Brinker International stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $135.91, for a total value of $319,388.50. Following the transaction, the chief operating officer now owns 20,591 shares in the company, valued at $2,798,522.81. The trade was a 10.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ramona Hood sold 777 shares of Brinker International stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $135.23, for a total value of $105,073.71. Following the completion of the transaction, the director now owns 8,568 shares in the company, valued at $1,158,650.64. This trade represents a 8.31% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.72% of the company’s stock.

Brinker International Stock Performance

Shares of Brinker International stock opened at $144.02 on Thursday. The firm has a market cap of $6.40 billion, a P/E ratio of 24.96, a P/E/G ratio of 0.49 and a beta of 1.66. The company has a current ratio of 0.33, a quick ratio of 0.27 and a debt-to-equity ratio of 4.96. Brinker International, Inc. has a 12 month low of $56.27 and a 12 month high of $192.22. The stock’s fifty day moving average price is $145.63 and its 200-day moving average price is $143.21.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Tuesday, April 29th. The restaurant operator reported $2.66 EPS for the quarter, beating the consensus estimate of $2.48 by $0.18. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.38 billion. Brinker International had a return on equity of 879.47% and a net margin of 5.45%. The business’s revenue for the quarter was up 27.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.24 earnings per share. On average, equities research analysts expect that Brinker International, Inc. will post 8.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on EAT. Barclays lowered their price target on Brinker International from $165.00 to $155.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 30th. Stifel Nicolaus raised their price target on Brinker International from $155.00 to $170.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. StockNews.com upgraded Brinker International from a “hold” rating to a “buy” rating in a research report on Friday, January 31st. The Goldman Sachs Group lifted their target price on Brinker International from $162.00 to $208.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. lifted their target price on Brinker International from $140.00 to $160.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Thirteen research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $141.14.

Brinker International Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.