RCI Hospitality Holdings Inc. (NASDAQ:RICK) declared a quarterly dividend on Tuesday, November 15th. Stockholders of record on Monday, December 12th will be paid a dividend of 0.03 per share on Tuesday, December 27th. This represents a $0.12 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Thursday, December 8th.

RCI Hospitality Holdings (NASDAQ:RICK) opened at 12.04 on Wednesday. The stock has a 50 day moving average price of $11.61 and a 200 day moving average price of $10.92. RCI Hospitality Holdings has a one year low of $7.50 and a one year high of $12.10. The firm has a market cap of $118.39 million, a PE ratio of 11.17 and a beta of 0.53.

A number of institutional investors have recently bought and sold shares of the stock. Morgan Stanley acquired a new position in RCI Hospitality Holdings during the third quarter valued at approximately $121,000. Parametric Portfolio Associates LLC raised its position in RCI Hospitality Holdings by 8.1% in the second quarter. Parametric Portfolio Associates LLC now owns 12,636 shares of the company’s stock valued at $129,000 after buying an additional 944 shares during the period. Connor Clark & Lunn Investment Management Ltd. raised its position in RCI Hospitality Holdings by 22.9% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,700 shares of the company’s stock valued at $285,000 after buying an additional 4,600 shares during the period. Northern Trust Corp raised its position in RCI Hospitality Holdings by 3.2% in the third quarter. Northern Trust Corp now owns 44,705 shares of the company’s stock valued at $515,000 after buying an additional 1,400 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in RCI Hospitality Holdings by 22.6% in the second quarter. Janney Montgomery Scott LLC now owns 85,005 shares of the company’s stock valued at $849,000 after buying an additional 15,654 shares during the period. 31.28% of the stock is currently owned by hedge funds and other institutional investors.

About RCI Hospitality Holdings

Rick’s Cabaret International, Inc (Rick’s) through its subsidiaries, owns and operates nightclubs that offer live adult entertainment, restaurant and bar operations. The Company has 19 adult nightclubs, out of which six of its clubs operate under the name Rick’s Cabaret; four operate under the name Club Onyx; five operate under the name tic Cabaret; one club operates as Tootsie’s Cabaret and one operates as Cabaret North.

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