Ruby Tuesday, Inc. (RT) Holdings Maintained by Nationwide Fund Advisors
Nationwide Fund Advisors continued to hold its stake in shares of Ruby Tuesday, Inc. (NYSE:RT) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 51,615 shares of the restaurant operator’s stock at the end of the second quarter. Nationwide Fund Advisors owned 0.09% of Ruby Tuesday worth $104,000 at the end of the most recent quarter.
Several other large investors have also recently made changes to their positions in RT. Signia Capital Management LLC raised its position in Ruby Tuesday by 54.4% during the second quarter. Signia Capital Management LLC now owns 1,534,884 shares of the restaurant operator’s stock valued at $3,085,000 after acquiring an additional 540,611 shares in the last quarter. Legal & General Group Plc raised its position in Ruby Tuesday by 9.0% during the second quarter. Legal & General Group Plc now owns 109,140 shares of the restaurant operator’s stock valued at $220,000 after acquiring an additional 9,040 shares in the last quarter. SG Americas Securities LLC purchased a new position in Ruby Tuesday during the second quarter valued at approximately $143,000. Marquette Asset Management Inc. raised its position in Ruby Tuesday by 9.5% during the second quarter. Marquette Asset Management Inc. now owns 54,365 shares of the restaurant operator’s stock valued at $109,000 after acquiring an additional 4,707 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Ruby Tuesday by 108.8% during the first quarter. Bank of America Corp DE now owns 108,147 shares of the restaurant operator’s stock valued at $304,000 after acquiring an additional 56,354 shares in the last quarter. Hedge funds and other institutional investors own 74.41% of the company’s stock.
In related news, Director Bernard Lanigan, Jr. sold 309,592 shares of Ruby Tuesday stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $2.38, for a total transaction of $736,828.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 4.80% of the stock is currently owned by company insiders.
Ruby Tuesday, Inc. (NYSE:RT) opened at $2.39 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 1.08 and a debt-to-equity ratio of 0.72. Ruby Tuesday, Inc. has a 12-month low of $1.69 and a 12-month high of $3.68.
Ruby Tuesday (NYSE:RT) last announced its quarterly earnings results on Monday, October 16th. The restaurant operator reported ($0.01) earnings per share for the quarter. The company had revenue of $217.31 million for the quarter. Ruby Tuesday had a negative net margin of 8.36% and a negative return on equity of 3.67%.
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About Ruby Tuesday
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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