Berto Acquisition (NASDAQ:TACO) Posts Earnings Results

Berto Acquisition (NASDAQ:TACO) announced its quarterly earnings results on Friday. The restaurant operator reported $0.06 EPS for the quarter, FiscalAI reports.

Berto Acquisition Stock Up 0.4%

Shares of NASDAQ:TACO opened at $10.44 on Friday. Berto Acquisition has a 12 month low of $10.11 and a 12 month high of $11.32. The company has a 50-day moving average price of $10.27 and a 200 day moving average price of $10.21.

Institutional Trading of Berto Acquisition

Institutional investors have recently added to or reduced their stakes in the company. FNY Investment Advisers LLC bought a new stake in Berto Acquisition in the fourth quarter worth about $26,000. Levin Capital Strategies L.P. bought a new stake in Berto Acquisition in the first quarter worth about $102,000. Jane Street Group LLC bought a new stake in Berto Acquisition in the second quarter worth about $191,000. Readystate Asset Management LP bought a new stake in Berto Acquisition in the fourth quarter worth about $187,000. Finally, HRT Financial LP bought a new stake in Berto Acquisition in the fourth quarter worth about $191,000.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Berto Acquisition in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Berto Acquisition Company Profile

Del Taco Restaurants, Inc develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The company's restaurants offer Mexican inspired and American classic dishes. As of August 31, 2021, it operated approximately 600 restaurants across 16 states. The company was founded in 1964 and is headquartered in Lake Forest, California.