Wells Fargo & Company MN grew its holdings in Ruby Tuesday, Inc. (NYSE:RT) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,435,587 shares of the restaurant operator’s stock after purchasing an additional 22,753 shares during the period. Wells Fargo & Company MN owned approximately 2.37% of Ruby Tuesday worth $3,072,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Legal & General Group Plc grew its stake 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. Northern Trust Corp grew its stake in Ruby Tuesday by 3.9% during the second quarter. Northern Trust Corp now owns 698,695 shares of the restaurant operator’s stock valued at $1,404,000 after acquiring an additional 25,950 shares in the last quarter. Parametric Portfolio Associates LLC grew its stake in Ruby Tuesday by 9.6% during the second quarter. Parametric Portfolio Associates LLC now owns 336,698 shares of the restaurant operator’s stock valued at $677,000 after acquiring an additional 29,385 shares in the last quarter. Citigroup Inc. grew its stake in Ruby Tuesday by 87.5% during the second quarter. Citigroup Inc. now owns 105,597 shares of the restaurant operator’s stock valued at $212,000 after acquiring an additional 49,268 shares in the last quarter. Finally, Virtu KCG Holdings LLC purchased a new position in Ruby Tuesday during the second quarter valued at approximately $126,000. 77.21% of the stock is currently owned by institutional investors.

Ruby Tuesday, Inc. (NYSE RT) opened at $2.40 on Thursday. The company has a market cap of $146.86, a P/E ratio of -1.89 and a beta of 0.54. Ruby Tuesday, Inc. has a 12 month low of $1.69 and a 12 month high of $3.58. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.89 and a current ratio of 1.08.

Ruby Tuesday (NYSE:RT) last issued its quarterly earnings data on Monday, October 16th. The restaurant operator reported ($0.01) EPS for the quarter. The firm had revenue of $217.31 million for the quarter. Ruby Tuesday had a negative net margin of 4.53% and a negative return on equity of 13.05%.

In related news, Director Bernard Lanigan, Jr. sold 309,592 shares of the business’s stock in a transaction that occurred on Tuesday, October 24th. The shares were 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 is accessible through this link. 4.80% of the stock is currently owned by insiders.

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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.

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

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