Axa S.A. purchased a new stake in shares of BJ’s Restaurants, Inc. (NASDAQ:BJRI – Get Rating) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 55,800 shares of the restaurant operator’s stock, valued at approximately $1,331,000. Axa S.A. owned about 0.24% of BJ’s Restaurants as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently modified their holdings of the company. Point72 Hong Kong Ltd bought a new position in BJ’s Restaurants during the first quarter worth $30,000. Captrust Financial Advisors raised its stake in BJ’s Restaurants by 29.6% during the first quarter. Captrust Financial Advisors now owns 2,536 shares of the restaurant operator’s stock worth $72,000 after buying an additional 579 shares during the last quarter. Financial Enhancement Group LLC bought a new position in BJ’s Restaurants during the third quarter worth $72,000. Mutual of America Capital Management LLC raised its stake in BJ’s Restaurants by 17.2% during the second quarter. Mutual of America Capital Management LLC now owns 3,936 shares of the restaurant operator’s stock worth $85,000 after buying an additional 578 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new position in BJ’s Restaurants during the second quarter worth $102,000. Institutional investors own 94.39% of the company’s stock.
Analyst Upgrades and Downgrades
BJRI has been the subject of a number of analyst reports. Benchmark lifted their target price on shares of BJ’s Restaurants to $35.00 in a research note on Tuesday, November 1st. Citigroup lifted their price target on shares of BJ’s Restaurants from $30.00 to $35.00 and gave the company a “neutral” rating in a research note on Tuesday, February 7th. Barclays lifted their price target on shares of BJ’s Restaurants from $18.00 to $24.00 and gave the company an “underweight” rating in a research note on Thursday, January 5th. Oppenheimer lifted their price target on shares of BJ’s Restaurants from $34.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, February 17th. Finally, Robert W. Baird lifted their price target on shares of BJ’s Restaurants from $26.00 to $32.00 and gave the company a “neutral” rating in a research note on Friday, February 17th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, BJ’s Restaurants presently has an average rating of “Hold” and an average target price of $33.70.
BJ’s Restaurants Stock Down 2.3 %
BJ’s Restaurants (NASDAQ:BJRI – Get Rating) last issued its quarterly earnings data on Thursday, February 16th. The restaurant operator reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.10. The firm had revenue of $344.10 million during the quarter, compared to analysts’ expectations of $343.69 million. BJ’s Restaurants had a net margin of 0.32% and a return on equity of 0.64%. The business’s revenue was up 18.1% on a year-over-year basis. During the same period last year, the company earned ($0.20) earnings per share. On average, equities research analysts forecast that BJ’s Restaurants, Inc. will post 0.67 EPS for the current fiscal year.
About BJ’s Restaurants
BJ’s Restaurants, Inc engages in the ownership and operation of casual dining restaurants. The firm operates BJ’s Restaurant and Brewery, BJ’s Restaurant & Brewhouse, BJ’s Pizza and Grill or BJ’s Grill. It offers pizzas, appetizers, specialty salads, soups, pastas, sandwiches, entrées, desserts, and proprietary craft beers.
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