MADDEN SECURITIES Corp Makes New Investment in Brinker International, Inc. (NYSE:EAT)

MADDEN SECURITIES Corp bought a new position in shares of Brinker International, Inc. (NYSE:EAT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,000 shares of the restaurant operator's stock, valued at approximately $265,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wolff Wiese Magana LLC increased its position in shares of Brinker International by 100.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 200 shares of the restaurant operator's stock worth $26,000 after acquiring an additional 100 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Brinker International by 123.9% during the fourth quarter. GAMMA Investing LLC now owns 309 shares of the restaurant operator's stock worth $41,000 after acquiring an additional 171 shares in the last quarter. R Squared Ltd bought a new stake in shares of Brinker International during the fourth quarter worth about $83,000. Longboard Asset Management LP bought a new stake in shares of Brinker International during the fourth quarter worth about $219,000. Finally, Advisory Resource Group bought a new stake in shares of Brinker International during the fourth quarter worth about $221,000.

Insider Activity at Brinker International

In other Brinker International news, COO Douglas N. Comings sold 7,500 shares of the stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $167.10, for a total value of $1,253,250.00. Following the sale, the chief operating officer now directly owns 26,752 shares in the company, valued at $4,470,259.20. This represents a 21.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Cindy L. Davis sold 5,802 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $187.86, for a total transaction of $1,089,963.72. Following the completion of the sale, the director now owns 11,107 shares in the company, valued at $2,086,561.02. This represents a 34.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 20,802 shares of company stock worth $3,752,464. 1.72% of the stock is owned by corporate insiders.

Brinker International Stock Performance

Shares of EAT stock traded down $1.66 during trading on Friday, reaching $158.55. 1,483,501 shares of the company's stock traded hands, compared to its average volume of 1,387,143. The company has a market capitalization of $7.04 billion, a P/E ratio of 27.48, a PEG ratio of 0.58 and a beta of 2.54. The company has a current ratio of 0.33, a quick ratio of 0.27 and a debt-to-equity ratio of 4.96. The firm's 50-day moving average is $147.88 and its 200 day moving average is $109.57. Brinker International, Inc. has a 1 year low of $43.37 and a 1 year high of $192.21.

Brinker International (NYSE:EAT - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The restaurant operator reported $2.80 EPS for the quarter, beating analysts' consensus estimates of $1.37 by $1.43. Brinker International had a net margin of 5.45% and a return on equity of 879.47%. Equities research analysts expect that Brinker International, Inc. will post 8.36 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Barclays boosted their target price on shares of Brinker International from $150.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 30th. KeyCorp downgraded shares of Brinker International from an "overweight" rating to a "sector weight" rating and set a $115.00 price objective for the company. in a research report on Friday, January 24th. BMO Capital Markets upped their price objective on shares of Brinker International from $105.00 to $125.00 and gave the stock a "market perform" rating in a research report on Monday, January 27th. Citigroup upped their price objective on shares of Brinker International from $166.00 to $185.00 and gave the stock a "neutral" rating in a research report on Thursday, January 30th. Finally, The Goldman Sachs Group upped their price objective on shares of Brinker International from $162.00 to $208.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Fourteen analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $140.18.

About Brinker International

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.