Royce & Associates LP lowered its position in Ruby Tuesday, Inc. (NYSE:RT) by 15.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,155,308 shares of the restaurant operator’s stock after selling 212,239 shares during the period. Royce & Associates LP owned 1.92% of Ruby Tuesday worth $2,322,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Donald Smith & CO. Inc. raised its position in shares of Ruby Tuesday by 6.3% in the 1st quarter. Donald Smith & CO. Inc. now owns 6,080,269 shares of the restaurant operator’s stock worth $17,086,000 after acquiring an additional 359,652 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Ruby Tuesday by 14.5% in the 1st quarter. Vanguard Group Inc. now owns 3,356,710 shares of the restaurant operator’s stock worth $9,432,000 after acquiring an additional 426,019 shares in the last quarter. Signia Capital Management LLC bought a new position in shares of Ruby Tuesday in the 1st quarter worth approximately $2,794,000. Schwab Charles Investment Management Inc. raised its position in shares of Ruby Tuesday by 9.0% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 897,649 shares of the restaurant operator’s stock worth $2,523,000 after acquiring an additional 74,311 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Ruby Tuesday by 2.5% in the 1st quarter. Bank of New York Mellon Corp now owns 653,134 shares of the restaurant operator’s stock worth $1,836,000 after acquiring an additional 15,753 shares in the last quarter. 76.09% of the stock is owned by hedge funds and other institutional investors.

Ruby Tuesday, Inc. (NYSE RT) opened at 2.19 on Wednesday. The stock has a 50 day moving average price of $2.06 and a 200 day moving average price of $2.23. Ruby Tuesday, Inc. has a 12 month low of $1.69 and a 12 month high of $3.68. The company’s market cap is $131.52 million.

Ruby Tuesday (NYSE:RT) last posted its quarterly earnings results on Monday, August 21st. The restaurant operator reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by ($0.07). Ruby Tuesday had a negative net margin of 11.15% and a negative return on equity of 5.30%. The company had revenue of $254.86 million for the quarter. Analysts anticipate that Ruby Tuesday, Inc. will post $0.08 earnings per share for the current fiscal year.

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Ruby Tuesday Company Profile

Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.

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Institutional Ownership by Quarter for Ruby Tuesday (NYSE:RT)

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