Barclays PLC lifted its stake in RCI Hospitality Holdings Inc (NASDAQ:RICK - Free Report) by 330.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,593 shares of the restaurant operator's stock after buying an additional 10,433 shares during the period. Barclays PLC owned approximately 0.15% of RCI Hospitality worth $605,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the stock. Progeny 3 Inc. increased its stake in RCI Hospitality by 23.5% during the 2nd quarter. Progeny 3 Inc. now owns 460,968 shares of the restaurant operator's stock worth $20,080,000 after buying an additional 87,832 shares during the period. DHK Financial Advisors Inc. purchased a new stake in shares of RCI Hospitality during the second quarter worth about $1,699,000. American Century Companies Inc. grew its stake in RCI Hospitality by 14.7% during the 2nd quarter. American Century Companies Inc. now owns 48,237 shares of the restaurant operator's stock valued at $2,101,000 after purchasing an additional 6,174 shares in the last quarter. Scientech Research LLC purchased a new stake in RCI Hospitality during the 2nd quarter worth approximately $235,000. Finally, Bank of New York Mellon Corp increased its holdings in RCI Hospitality by 7.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 60,704 shares of the restaurant operator's stock worth $2,644,000 after purchasing an additional 4,126 shares during the last quarter. Institutional investors and hedge funds own 53.82% of the company's stock.
RCI Hospitality Stock Down 0.5 %
NASDAQ RICK traded down $0.30 on Thursday, hitting $57.17. 107,169 shares of the stock traded hands, compared to its average volume of 80,715. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 0.80. The stock has a 50-day moving average of $51.36 and a 200 day moving average of $46.71. RCI Hospitality Holdings Inc has a twelve month low of $37.61 and a twelve month high of $64.55. The company has a market capitalization of $508.81 million, a P/E ratio of 109.94 and a beta of 1.60.
RCI Hospitality Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, December 16th were issued a dividend of $0.07 per share. The ex-dividend date was Monday, December 16th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.49%. RCI Hospitality's dividend payout ratio (DPR) is 87.50%.
Analyst Ratings Changes
A number of research firms have recently weighed in on RICK. StockNews.com downgraded shares of RCI Hospitality from a "buy" rating to a "hold" rating in a research report on Tuesday, December 17th. HC Wainwright reissued a "buy" rating and set a $98.00 price objective on shares of RCI Hospitality in a report on Wednesday, December 18th.
Read Our Latest Report on RCI Hospitality
RCI Hospitality Profile
(
Free Report)
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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