Empirical Capital Management LLC Sells 3,128 Shares of Chuy’s Holdings Inc (NASDAQ:CHUY)

Empirical Capital Management LLC lessened its stake in Chuy’s Holdings Inc (NASDAQ:CHUY) by 1.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 304,594 shares of the restaurant operator’s stock after selling 3,128 shares during the quarter. Chuy’s makes up about 7.3% of Empirical Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Empirical Capital Management LLC owned 1.80% of Chuy’s worth $5,404,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of CHUY. Arizona State Retirement System lifted its position in Chuy’s by 6.2% in the fourth quarter. Arizona State Retirement System now owns 26,103 shares of the restaurant operator’s stock valued at $463,000 after buying an additional 1,519 shares during the last quarter. Wells Fargo & Company MN lifted its position in Chuy’s by 9.6% in the third quarter. Wells Fargo & Company MN now owns 27,518 shares of the restaurant operator’s stock valued at $722,000 after buying an additional 2,407 shares during the last quarter. Victory Capital Management Inc. lifted its position in Chuy’s by 23.2% in the third quarter. Victory Capital Management Inc. now owns 13,192 shares of the restaurant operator’s stock valued at $346,000 after buying an additional 2,482 shares during the last quarter. Northern Trust Corp lifted its position in Chuy’s by 1.1% in the second quarter. Northern Trust Corp now owns 234,891 shares of the restaurant operator’s stock valued at $7,212,000 after buying an additional 2,505 shares during the last quarter. Finally, Thomson Horstmann & Bryant Inc. lifted its position in Chuy’s by 1.1% in the third quarter. Thomson Horstmann & Bryant Inc. now owns 257,220 shares of the restaurant operator’s stock valued at $6,752,000 after buying an additional 2,842 shares during the last quarter.

CHUY has been the topic of a number of recent analyst reports. BidaskClub cut shares of Chuy’s from a “buy” rating to a “hold” rating in a research report on Thursday, December 13th. Zacks Investment Research raised shares of Chuy’s from a “strong sell” rating to a “hold” rating in a research report on Monday, February 4th. ValuEngine cut shares of Chuy’s from a “hold” rating to a “sell” rating in a research report on Wednesday, November 7th. Telsey Advisory Group reduced their price target on shares of Chuy’s from $29.00 to $24.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 7th. Finally, TheStreet cut shares of Chuy’s from a “b-” rating to a “c” rating in a research report on Wednesday, November 7th. Eight analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Chuy’s presently has a consensus rating of “Hold” and an average target price of $28.57.

Shares of NASDAQ:CHUY opened at $22.75 on Thursday. The company has a market capitalization of $385.61 million, a P/E ratio of 23.70, a PEG ratio of 1.34 and a beta of 0.47. Chuy’s Holdings Inc has a fifty-two week low of $17.03 and a fifty-two week high of $34.10.

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Chuy’s Profile

Chuy's Holdings, Inc, through its subsidiaries, owns and operates restaurants under the Chuy's name in Texas and 19 states in the Southeastern and Midwestern United States. As of December 31, 2017, the company operated 91 Chuy's restaurants in 19 states. Chuy's Holdings, Inc was founded in 1982 and is headquartered in Austin, Texas.

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

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