Principal Financial Group Inc. Has $1.29 Million Stake in Ruby Tuesday, Inc. (NYSE:RT)

Principal Financial Group Inc. raised its stake in shares of Ruby Tuesday, Inc. (NYSE:RT) by 1.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 460,417 shares of the restaurant operator’s stock after buying an additional 7,790 shares during the period. Principal Financial Group Inc. owned approximately 0.76% of Ruby Tuesday worth $1,294,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Prudential Financial Inc. raised its stake in shares of Ruby Tuesday by 0.3% in the first quarter. Prudential Financial Inc. now owns 101,474 shares of the restaurant operator’s stock valued at $285,000 after buying an additional 300 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of Ruby Tuesday by 7.3% in the fourth quarter. Thrivent Financial for Lutherans now owns 33,040 shares of the restaurant operator’s stock worth $107,000 after buying an additional 2,260 shares during the period. Comerica Bank raised its position in shares of Ruby Tuesday by 4.3% in the first quarter. Comerica Bank now owns 57,012 shares of the restaurant operator’s stock worth $151,000 after buying an additional 2,332 shares during the period. Los Angeles Capital Management & Equity Research Inc. raised its position in shares of Ruby Tuesday by 5.9% in the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 75,870 shares of the restaurant operator’s stock worth $213,000 after buying an additional 4,200 shares during the period. Finally, State of Tennessee Treasury Department raised its position in shares of Ruby Tuesday by 17.8% in the first quarter. State of Tennessee Treasury Department now owns 57,895 shares of the restaurant operator’s stock worth $163,000 after buying an additional 8,737 shares during the period. Hedge funds and other institutional investors own 78.76% of the company’s stock.

Ruby Tuesday, Inc. (RT) opened at 2.00 on Friday. The company has a 50-day moving average price of $2.04 and a 200-day moving average price of $2.21. Ruby Tuesday, Inc. has a 52 week low of $1.69 and a 52 week high of $3.68. The stock’s market cap is $120.52 million.

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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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