Granite Investment Partners LLC cut its stake in Chuy’s Holdings Inc. (NASDAQ:CHUY) by 30.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 69,779 shares of the company’s stock after selling 30,996 shares during the period. Granite Investment Partners LLC owned about 0.42% of Chuy’s Holdings worth $1,949,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Mason Street Advisors LLC bought a new stake in shares of Chuy’s Holdings during the second quarter valued at approximately $112,000. BNP Paribas Arbitrage SA bought a new stake in shares of Chuy’s Holdings during the second quarter valued at approximately $178,000. 1st Global Advisors Inc. bought a new stake in shares of Chuy’s Holdings during the second quarter valued at approximately $220,000. Louisiana State Employees Retirement System bought a new stake in shares of Chuy’s Holdings during the second quarter valued at approximately $253,000. Finally, New York State Teachers Retirement System raised its stake in shares of Chuy’s Holdings by 453.1% in the second quarter. New York State Teachers Retirement System now owns 7,743 shares of the company’s stock valued at $268,000 after buying an additional 6,343 shares during the last quarter.

Institutional Ownership by Quarter for Chuy`s Holdings (NASDAQ:CHUY)

Shares of Chuy’s Holdings Inc. (NASDAQ:CHUY) traded down 1.59% on Monday, hitting $31.00. 46,843 shares of the stock traded hands. Chuy’s Holdings Inc. has a 12 month low of $25.87 and a 12 month high of $37.78. The company has a market cap of $521.48 million and a PE ratio of 34.75. The firm’s 50 day moving average is $28.56 and its 200-day moving average is $31.57.

Chuy’s Holdings (NASDAQ:CHUY) last released its earnings results on Tuesday, November 1st. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. Chuy’s Holdings had a return on equity of 12.68% and a net margin of 4.69%. The company earned $85.60 million during the quarter, compared to the consensus estimate of $86.52 million. During the same quarter last year, the company earned $0.24 earnings per share. Chuy’s Holdings’s quarterly revenue was up 15.8% compared to the same quarter last year. Equities analysts predict that Chuy’s Holdings Inc. will post $1.07 earnings per share for the current year.

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A number of research firms have recently issued reports on CHUY. Wedbush dropped their target price on shares of Chuy’s Holdings from $38.00 to $34.00 and set an “outperform” rating for the company in a report on Wednesday, August 3rd. BMO Capital Markets reaffirmed a “hold” rating and set a $34.00 target price on shares of Chuy’s Holdings in a report on Wednesday, August 3rd. TheStreet lowered shares of Chuy’s Holdings from a “buy” rating to a “hold” rating in a report on Thursday, September 29th. Telsey Advisory Group dropped their target price on shares of Chuy’s Holdings from $38.00 to $33.00 and set a “market perform” rating for the company in a report on Wednesday, November 2nd. Finally, Robert W. Baird reaffirmed a “neutral” rating on shares of Chuy’s Holdings in a report on Thursday, September 8th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Chuy’s Holdings currently has a consensus rating of “Hold” and a consensus price target of $33.83.

Chuy’s Holdings Company Profile

Chuy’s Holdings, Inc is a full-service restaurant concept company offering a menu of Mexican and Tex Mex inspired food. The Company operates through full-service, casual dining, Mexican food restaurants segment. The Company operates its restaurants under the name Chuy’s. The Company operates approximately 70 Chuy’s restaurants across 14 states.

5 Day Chart for NASDAQ:CHUY

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