Jefferies Group LLC reiterated their hold rating on shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) in a research report report published on Wednesday. They currently have a $23.00 price target on the restaurant operator’s stock, down from their prior price target of $28.00. Jefferies Group also issued estimates for Chuy’s Holdings’ Q4 2017 earnings at $0.24 EPS and FY2017 earnings at $1.05 EPS.

Several other equities research analysts have also recently issued reports on the stock. Stephens decreased their price target on shares of Chuy’s Holdings from $35.00 to $32.00 and set an overweight rating on the stock in a research note on Thursday, July 6th. BidaskClub cut shares of Chuy’s Holdings from a sell rating to a strong sell rating in a research note on Friday, July 28th. Raymond James Financial, Inc. raised shares of Chuy’s Holdings from a market perform rating to an outperform rating and set a $29.00 price target on the stock in a research note on Monday, July 17th. TheStreet cut shares of Chuy’s Holdings from a b- rating to a c rating in a research note on Tuesday, June 20th. Finally, Wells Fargo & Company cut shares of Chuy’s Holdings from an outperform rating to a market perform rating and set a $31.00 price target on the stock. in a research note on Friday, May 19th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of $27.88.

Chuy’s Holdings (NASDAQ:CHUY) traded down 0.73% during trading on Wednesday, reaching $20.45. 269,182 shares of the company’s stock traded hands. Chuy’s Holdings has a 1-year low of $20.20 and a 1-year high of $35.30. The firm has a market capitalization of $345.71 million, a PE ratio of 20.64 and a beta of 0.01. The firm has a 50 day moving average of $23.10 and a 200 day moving average of $27.21.

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Large investors have recently added to or reduced their stakes in the company. State Street Corp boosted its stake in Chuy’s Holdings by 9.6% in the fourth quarter. State Street Corp now owns 345,123 shares of the restaurant operator’s stock valued at $11,200,000 after buying an additional 30,325 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Chuy’s Holdings by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 657,371 shares of the restaurant operator’s stock valued at $21,332,000 after buying an additional 12,512 shares in the last quarter. Guggenheim Capital LLC bought a new stake in Chuy’s Holdings during the fourth quarter valued at about $686,000. Teachers Advisors LLC boosted its stake in Chuy’s Holdings by 2.9% in the fourth quarter. Teachers Advisors LLC now owns 28,582 shares of the restaurant operator’s stock valued at $927,000 after buying an additional 794 shares in the last quarter. Finally, Macquarie Group Ltd. boosted its stake in Chuy’s Holdings by 43.2% in the fourth quarter. Macquarie Group Ltd. now owns 323,882 shares of the restaurant operator’s stock valued at $10,510,000 after buying an additional 97,725 shares in the last quarter. 98.37% of the stock is currently owned by institutional investors and hedge funds.

About Chuy’s Holdings

Chuy’s Holdings, Inc operates Chuy’s, a restaurant concept offering a distinct menu of authentic, freshly prepared Mexican and Tex-Mex inspired food. As of December 25, 2016, the Company operated 80 Chuy’s restaurants across 16 states. The Company offers the same menu during lunch and dinner, which includes enchiladas, fajitas, tacos, burritos, combination platters and daily specials, complemented by a range of appetizers, soups and salads.

Analyst Recommendations for Chuy`s Holdings (NASDAQ:CHUY)

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