Dimensional Fund Advisors LP boosted its position in shares of Brinker International, Inc. (NYSE:EAT) by 1.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,188,323 shares of the restaurant operator’s stock after buying an additional 14,401 shares during the period. Dimensional Fund Advisors LP owned approximately 2.43% of Brinker International worth $52,239,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of EAT. LS Investment Advisors LLC boosted its position in Brinker International by 18.7% in the first quarter. LS Investment Advisors LLC now owns 4,107 shares of the restaurant operator’s stock worth $181,000 after buying an additional 647 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in Brinker International by 2.5% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,418 shares of the restaurant operator’s stock worth $220,000 after buying an additional 107 shares during the last quarter. Eqis Capital Management Inc. boosted its position in Brinker International by 0.3% in the first quarter. Eqis Capital Management Inc. now owns 6,393 shares of the restaurant operator’s stock worth $281,000 after buying an additional 18 shares during the last quarter. Segantii Capital Management Ltd bought a new position in shares of Brinker International during the first quarter valued at approximately $286,000. Finally, Creative Planning boosted its position in shares of Brinker International by 2.7% in the first quarter. Creative Planning now owns 6,843 shares of the restaurant operator’s stock valued at $301,000 after buying an additional 180 shares during the last quarter.

Brinker International, Inc. (EAT) traded down 2.10% during trading on Tuesday, reaching $34.93. 1,133,437 shares of the company were exchanged. The firm has a 50-day moving average of $36.81 and a 200-day moving average of $41.46. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 11.41 and a beta of 0.25. Brinker International, Inc. has a 52-week low of $34.18 and a 52-week high of $55.84.

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Several brokerages have recently commented on EAT. Maxim Group reaffirmed a “buy” rating and set a $54.00 price target on shares of Brinker International in a research report on Tuesday, April 25th. CIBC reaffirmed an “outperform” rating on shares of Brinker International in a research report on Friday, April 21st. Zacks Investment Research raised shares of Brinker International from a “sell” rating to a “hold” rating in a research report on Wednesday, April 26th. Stephens reissued an “equal weight” rating and issued a $52.00 target price on shares of Brinker International in a report on Wednesday, April 26th. Finally, BMO Capital Markets reissued a “sell” rating on shares of Brinker International in a report on Wednesday, April 26th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and four have issued a buy rating to the company’s stock. Brinker International presently has a consensus rating of “Hold” and an average target price of $46.54.

In other Brinker International news, EVP Steve Provost sold 2,750 shares of the company’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $44.06, for a total transaction of $121,165.00. Following the sale, the executive vice president now directly owns 29,780 shares of the company’s stock, valued at $1,312,106.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.76% of the stock is currently owned by insiders.

About Brinker International

Brinker International, Inc is engaged in the ownership, operation, development, and franchising of the Chili’s Grill & Bar (Chili’s) and Maggiano’s Little Italy (Maggiano’s) restaurant brands. The Company’s Chili’s operates Bar & Grill category of casual dining. Chili’s menu features authentic Fresh Mex and Fresh Tex cuisine, including signature items, such as Baby Back Ribs smoked in-house, Hand-Crafted Burgers served with house-made garlic dill pickles, Mix and Match Fajitas, Tableside Guacamole and house-made Chips and Salsa.

Institutional Ownership by Quarter for Brinker International (NYSE:EAT)

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