New York State Teachers Retirement System Has $699,000 Holdings in Chuy’s Holdings, Inc. (NASDAQ:CHUY)

New York State Teachers Retirement System increased its holdings in Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 9.7% in the third quarter, HoldingsChannel reports. The firm owned 18,685 shares of the restaurant operator’s stock after purchasing an additional 1,645 shares during the period. New York State Teachers Retirement System’s holdings in Chuy’s were worth $699,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of CHUY. First Eagle Investment Management LLC boosted its stake in shares of Chuy’s by 13.2% during the 1st quarter. First Eagle Investment Management LLC now owns 317,179 shares of the restaurant operator’s stock worth $10,698,000 after acquiring an additional 37,076 shares in the last quarter. Westwood Holdings Group Inc. grew its holdings in Chuy’s by 10.7% during the first quarter. Westwood Holdings Group Inc. now owns 948,060 shares of the restaurant operator’s stock valued at $31,978,000 after purchasing an additional 91,612 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Chuy’s by 19.4% during the second quarter. Bank of New York Mellon Corp now owns 341,602 shares of the restaurant operator’s stock valued at $8,854,000 after purchasing an additional 55,465 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Chuy’s by 70.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,658 shares of the restaurant operator’s stock valued at $90,000 after purchasing an additional 1,096 shares during the period. Finally, Norden Group LLC acquired a new stake in shares of Chuy’s in the first quarter worth $239,000. 99.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on CHUY. StockNews.com assumed coverage on shares of Chuy’s in a research note on Monday. They issued a “hold” rating on the stock. Wedbush reaffirmed a “neutral” rating and issued a $37.50 price target (down from $38.00) on shares of Chuy’s in a research report on Monday, July 22nd. Benchmark cut Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 price objective for the company. in a research report on Monday, August 19th. Finally, Stephens restated an “equal weight” rating and set a $37.50 target price on shares of Chuy’s in a research note on Monday, August 12th. Seven investment analysts have rated the stock with a hold rating, Based on data from MarketBeat, Chuy’s has an average rating of “Hold” and a consensus target price of $33.25.

Chuy’s Stock Performance

NASDAQ:CHUY opened at $37.48 on Monday. The firm’s 50-day moving average is $37.41 and its 200-day moving average is $32.77. The company has a market cap of $645.78 million, a price-to-earnings ratio of 22.18 and a beta of 1.77. Chuy’s Holdings, Inc. has a 52-week low of $22.52 and a 52-week high of $39.40.

Chuy’s (NASDAQ:CHUY) last released its earnings results on Friday, August 9th. The restaurant operator reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. The business had revenue of $119.80 million for the quarter, compared to the consensus estimate of $120.46 million. Chuy’s had a return on equity of 13.23% and a net margin of 5.84%. Equities analysts predict that Chuy’s Holdings, Inc. will post 1.83 EPS for the current year.

About Chuy’s

Chuy’s Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy’s name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.