Brian S. Krakower Sells 801 Shares of BJ’s Restaurants, Inc. (BJRI) Stock

BJ’s Restaurants, Inc. (NASDAQ:BJRI) insider Brian S. Krakower sold 801 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $34.07, for a total transaction of $27,290.07. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

BJ’s Restaurants, Inc. (BJRI) opened at $34.00 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.46 and a current ratio of 0.56. The firm has a market cap of $704.63, a P/E ratio of 21.21, a price-to-earnings-growth ratio of 1.61 and a beta of 0.92. BJ’s Restaurants, Inc. has a one year low of $28.00 and a one year high of $47.55.

BJ’s Restaurants (NASDAQ:BJRI) last released its quarterly earnings data on Thursday, October 26th. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.09). BJ’s Restaurants had a return on equity of 13.85% and a net margin of 3.30%. The business had revenue of $247.00 million during the quarter, compared to analyst estimates of $248.73 million. During the same period in the previous year, the company earned $0.30 EPS. BJ’s Restaurants’s revenue was up 5.7% on a year-over-year basis. equities analysts expect that BJ’s Restaurants, Inc. will post 1.39 EPS for the current year.

The company also recently declared a special dividend, which will be paid on Monday, December 4th. Investors of record on Monday, November 13th will be issued a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, November 10th. BJ’s Restaurants’s payout ratio is 7.24%.

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A number of institutional investors and hedge funds have recently added to or reduced their stakes in BJRI. Segall Bryant & Hamill LLC grew its holdings in BJ’s Restaurants by 3.5% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 94,818 shares of the restaurant operator’s stock worth $2,887,000 after acquiring an additional 3,248 shares in the last quarter. Magnetar Financial LLC grew its holdings in BJ’s Restaurants by 70.6% during the 3rd quarter. Magnetar Financial LLC now owns 17,523 shares of the restaurant operator’s stock worth $534,000 after acquiring an additional 7,251 shares in the last quarter. Engineers Gate Manager LP lifted its position in shares of BJ’s Restaurants by 207.9% in the 3rd quarter. Engineers Gate Manager LP now owns 49,802 shares of the restaurant operator’s stock worth $1,516,000 after buying an additional 33,628 shares during the last quarter. Pinebridge Investments L.P. lifted its position in shares of BJ’s Restaurants by 31.0% in the 3rd quarter. Pinebridge Investments L.P. now owns 25,902 shares of the restaurant operator’s stock worth $789,000 after buying an additional 6,131 shares during the last quarter. Finally, KBC Group NV lifted its position in shares of BJ’s Restaurants by 11.4% in the 3rd quarter. KBC Group NV now owns 84,482 shares of the restaurant operator’s stock worth $2,572,000 after buying an additional 8,664 shares during the last quarter. 99.00% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently commented on BJRI shares. Canaccord Genuity reiterated a “buy” rating and issued a $42.00 price target on shares of BJ’s Restaurants in a research report on Friday, July 28th. Zacks Investment Research downgraded shares of BJ’s Restaurants from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Jefferies Group LLC reissued a “hold” rating and set a $39.00 price objective on shares of BJ’s Restaurants in a research note on Thursday, August 31st. Robert W. Baird reissued a “hold” rating and set a $36.00 price objective on shares of BJ’s Restaurants in a research note on Friday, September 1st. Finally, Stifel Nicolaus initiated coverage on shares of BJ’s Restaurants in a research note on Monday, October 2nd. They set a “hold” rating and a $32.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $36.89.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc owns and operates restaurants. The Company segment includes casual dining company-owned restaurants. Each of its restaurants is operated either as a BJ’s Restaurant & Brewhouse, a BJ’s Restaurant & Brewery, a BJ’s Pizza & Grill or a BJ’s Grill restaurant. The Company’s restaurants offer craft beers and other beers, as well as a selection of appetizers, entrees, pastas, burgers and sandwiches, specialty salads, and desserts, including its warm pizza cookie dessert, the Pizookie.

Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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