7,543 Shares in RCI Hospitality Holdings Inc (NASDAQ:RICK) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in RCI Hospitality Holdings Inc (NASDAQ:RICK - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,543 shares of the restaurant operator's stock, valued at approximately $433,000. XTX Topco Ltd owned about 0.08% of RCI Hospitality at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of RICK. Heck Capital Advisors LLC bought a new stake in shares of RCI Hospitality in the 4th quarter worth about $53,000. AlphaQuest LLC lifted its stake in RCI Hospitality by 107.4% in the fourth quarter. AlphaQuest LLC now owns 1,338 shares of the restaurant operator's stock worth $77,000 after purchasing an additional 693 shares during the last quarter. FMR LLC boosted its position in shares of RCI Hospitality by 132.6% during the third quarter. FMR LLC now owns 1,800 shares of the restaurant operator's stock valued at $80,000 after buying an additional 1,026 shares during the period. Brighton Jones LLC bought a new position in shares of RCI Hospitality during the fourth quarter valued at approximately $211,000. Finally, TT Capital Management LLC purchased a new stake in shares of RCI Hospitality in the fourth quarter worth approximately $250,000. Institutional investors own 53.82% of the company's stock.

RCI Hospitality Stock Performance

Shares of RCI Hospitality stock opened at $37.65 on Tuesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.92 and a current ratio of 1.02. The company has a market capitalization of $333.84 million, a PE ratio of 67.23 and a beta of 1.45. The company has a 50-day simple moving average of $44.87 and a two-hundred day simple moving average of $48.97. RCI Hospitality Holdings Inc has a one year low of $35.00 and a one year high of $61.66.

RCI Hospitality Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend was Monday, March 17th. RCI Hospitality's payout ratio is presently 50.00%.

Analyst Ratings Changes

RICK has been the topic of several research analyst reports. HC Wainwright reissued a "buy" rating and issued a $98.00 price objective on shares of RCI Hospitality in a research note on Wednesday, April 9th. StockNews.com upgraded shares of RCI Hospitality from a "hold" rating to a "buy" rating in a report on Wednesday, February 12th.

About RCI Hospitality

RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in Nightclubs, Bombshells, and Media Group segments. The company's wholly-owned subsidiaries own and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club.

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