RK Capital Management LLC cut its holdings in shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 12.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 212,660 shares of the restaurant operator’s stock after selling 29,800 shares during the quarter. RK Capital Management LLC owned approximately 1.26% of Chuy’s Holdings worth $4,976,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. BNP Paribas Arbitrage SA grew its position in shares of Chuy’s Holdings by 58.0% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,941 shares of the restaurant operator’s stock worth $116,000 after acquiring an additional 1,813 shares in the last quarter. Mason Street Advisors LLC grew its position in shares of Chuy’s Holdings by 7.0% in the 1st quarter. Mason Street Advisors LLC now owns 3,934 shares of the restaurant operator’s stock worth $117,000 after acquiring an additional 258 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in shares of Chuy’s Holdings in the 1st quarter worth approximately $200,000. Louisiana State Employees Retirement System grew its position in shares of Chuy’s Holdings by 1.5% in the 1st quarter. Louisiana State Employees Retirement System now owns 6,900 shares of the restaurant operator’s stock worth $206,000 after acquiring an additional 100 shares in the last quarter. Finally, Aperio Group LLC acquired a new position in shares of Chuy’s Holdings in the 2nd quarter worth approximately $206,000. Institutional investors own 99.85% of the company’s stock.

Chuy’s Holdings, Inc. (NASDAQ:CHUY) traded up 3.40% on Friday, reaching $19.75. The company had a trading volume of 484,089 shares. Chuy’s Holdings, Inc. has a one year low of $18.00 and a one year high of $35.30. The stock has a market cap of $333.87 million, a price-to-earnings ratio of 19.93 and a beta of 0.01. The company has a 50-day moving average of $20.18 and a 200 day moving average of $25.39.

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CHUY has been the subject of several research reports. Stephens decreased their target price on Chuy’s Holdings from $35.00 to $32.00 and set an “overweight” rating for the company in a research report on Thursday, July 6th. Jefferies Group LLC reiterated a “hold” rating and issued a $23.00 target price (down previously from $28.00) on shares of Chuy’s Holdings in a research report on Wednesday, August 9th. Wedbush reiterated a “hold” rating and issued a $23.00 target price on shares of Chuy’s Holdings in a research report on Sunday, July 30th. Raymond James Financial, Inc. upgraded Chuy’s Holdings to a “buy” rating in a research report on Sunday, July 23rd. Finally, BidaskClub lowered Chuy’s Holdings from a “sell” rating to a “strong sell” rating in a research report on Friday, July 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. Chuy’s Holdings currently has an average rating of “Hold” and a consensus target price of $27.88.

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.

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

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