TIAA CREF Investment Management LLC acquired a new stake in shares of RCI Hospitality Holdings, Inc. (NASDAQ:RICK) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 23,732 shares of the restaurant operator’s stock, valued at approximately $566,000. TIAA CREF Investment Management LLC owned approximately 0.24% of RCI Hospitality Holdings at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Bessemer Group Inc. bought a new position in RCI Hospitality Holdings during the 2nd quarter valued at $119,000. Sei Investments Co. raised its stake in shares of RCI Hospitality Holdings by 83.3% during the 2nd quarter. Sei Investments Co. now owns 8,153 shares of the restaurant operator’s stock worth $194,000 after purchasing an additional 3,706 shares during the period. Campbell & CO Investment Adviser LLC raised its stake in shares of RCI Hospitality Holdings by 2.2% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 10,298 shares of the restaurant operator’s stock worth $246,000 after purchasing an additional 219 shares during the period. Airain ltd bought a new stake in shares of RCI Hospitality Holdings during the 2nd quarter worth $267,000. Finally, Municipal Employees Retirement System of Michigan bought a new stake in shares of RCI Hospitality Holdings during the 2nd quarter worth $376,000. Institutional investors and hedge funds own 48.40% of the company’s stock.

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A number of equities research analysts have recently commented on RICK shares. Westpark Capital set a $30.00 target price on RCI Hospitality Holdings and gave the stock a “buy” rating in a research note on Thursday, August 10th. Zacks Investment Research upgraded RCI Hospitality Holdings from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research note on Saturday, August 12th.

Shares of RCI Hospitality Holdings, Inc. (NASDAQ RICK) opened at $30.75 on Friday. The company has a market capitalization of $290.50, a price-to-earnings ratio of 19.93 and a beta of 0.27. RCI Hospitality Holdings, Inc. has a 52 week low of $12.03 and a 52 week high of $31.28. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.88 and a current ratio of 0.96.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Stockholders of record on Monday, December 11th will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date is Friday, December 8th. RCI Hospitality Holdings’s payout ratio is 10.62%.

RCI Hospitality Holdings Company Profile

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Institutional Ownership by Quarter for RCI Hospitality Holdings (NASDAQ:RICK)

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