Wolverine Asset Management LLC Takes $30,000 Position in Chuy’s Holdings, Inc. (NASDAQ:CHUY)

Wolverine Asset Management LLC bought a new stake in Chuy’s Holdings, Inc. (NASDAQ:CHUY) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 800 shares of the restaurant operator’s stock, valued at approximately $30,000.

A number of other large investors have also added to or reduced their stakes in the company. Sei Investments Co. grew its stake in shares of Chuy’s by 3.7% during the second quarter. Sei Investments Co. now owns 8,493 shares of the restaurant operator’s stock valued at $220,000 after acquiring an additional 300 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in Chuy’s by 1.5% in the first quarter. Price T Rowe Associates Inc. MD now owns 31,422 shares of the restaurant operator’s stock valued at $1,060,000 after purchasing an additional 457 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in Chuy’s by 85.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,014 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 466 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Chuy’s by 4.7% during the 1st quarter. BNP Paribas Financial Markets now owns 13,693 shares of the restaurant operator’s stock worth $462,000 after purchasing an additional 614 shares during the last quarter. Finally, Victory Capital Management Inc. raised its position in shares of Chuy’s by 2.8% in the 2nd quarter. Victory Capital Management Inc. now owns 27,000 shares of the restaurant operator’s stock valued at $700,000 after purchasing an additional 725 shares in the last quarter. 99.92% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

CHUY has been the subject of a number of recent analyst reports. Benchmark downgraded shares of Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 price target for the company. in a research report on Monday, August 19th. Wedbush reissued a “neutral” rating and issued a $37.50 target price (down previously from $38.00) on shares of Chuy’s in a research report on Monday, July 22nd. StockNews.com assumed coverage on shares of Chuy’s in a research note on Monday. They issued a “hold” rating on the stock. Finally, Stephens reiterated an “equal weight” rating and issued a $37.50 price target on shares of Chuy’s in a research note on Monday, August 12th. Seven research analysts have rated the stock with a hold rating, According to data from MarketBeat, Chuy’s has a consensus rating of “Hold” and a consensus price target of $33.25.

Chuy’s Price Performance

CHUY opened at $37.48 on Friday. The company’s 50-day moving average price is $37.43 and its 200 day moving average price is $32.94. Chuy’s Holdings, Inc. has a fifty-two week low of $22.52 and a fifty-two week high of $39.40. The firm has a market cap of $645.78 million, a price-to-earnings ratio of 22.18 and a beta of 1.77.

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.