Brinker International, Inc. (NYSE:EAT) Shares Bought by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its position in Brinker International, Inc. (NYSE:EAT - Free Report) by 9.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 118,300 shares of the restaurant operator's stock after purchasing an additional 10,300 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned approximately 0.27% of Brinker International worth $9,053,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Boston Partners grew its position in shares of Brinker International by 231.8% during the 1st quarter. Boston Partners now owns 1,583,239 shares of the restaurant operator's stock worth $78,602,000 after buying an additional 1,106,046 shares in the last quarter. Marshall Wace LLP grew its holdings in Brinker International by 13,850.1% during the 2nd quarter. Marshall Wace LLP now owns 1,057,416 shares of the restaurant operator's stock worth $76,546,000 after acquiring an additional 1,049,836 shares in the last quarter. Millennium Management LLC increased its position in Brinker International by 31.7% during the 2nd quarter. Millennium Management LLC now owns 942,510 shares of the restaurant operator's stock valued at $68,228,000 after purchasing an additional 227,047 shares during the period. Fisher Asset Management LLC raised its holdings in shares of Brinker International by 4.3% in the 3rd quarter. Fisher Asset Management LLC now owns 691,230 shares of the restaurant operator's stock valued at $52,900,000 after purchasing an additional 28,373 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Brinker International by 15.9% in the 2nd quarter. Renaissance Technologies LLC now owns 295,700 shares of the restaurant operator's stock worth $21,406,000 after purchasing an additional 40,500 shares during the period.

Insider Buying and Selling

In other news, CFO Michaela M. Ware sold 3,753 shares of the company's stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $103.02, for a total value of $386,634.06. Following the sale, the chief financial officer now owns 23,071 shares in the company, valued at $2,376,774.42. This represents a 13.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.72% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EAT. JPMorgan Chase & Co. lowered Brinker International from an "overweight" rating to a "neutral" rating and upped their target price for the stock from $67.00 to $100.00 in a report on Thursday, October 31st. Wells Fargo & Company upped their price objective on Brinker International from $85.00 to $95.00 and gave the stock an "underweight" rating in a research note on Thursday, October 31st. UBS Group lifted their target price on Brinker International from $70.00 to $94.00 and gave the company a "neutral" rating in a research note on Thursday, October 17th. BMO Capital Markets lowered shares of Brinker International from an "outperform" rating to a "market perform" rating and increased their price target for the company from $80.00 to $105.00 in a research report on Thursday, October 31st. Finally, Barclays lifted their price objective on shares of Brinker International from $76.00 to $95.00 and gave the stock an "equal weight" rating in a research report on Thursday, October 31st. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Brinker International presently has a consensus rating of "Hold" and an average target price of $86.45.

Brinker International Stock Performance

Shares of EAT stock traded up $1.58 during mid-day trading on Friday, reaching $132.27. The stock had a trading volume of 558,837 shares, compared to its average volume of 1,439,801. Brinker International, Inc. has a 1-year low of $35.60 and a 1-year high of $133.82. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 1.44 and a beta of 2.46. The company has a current ratio of 0.32, a quick ratio of 0.26 and a debt-to-equity ratio of 63.54. The business's fifty day moving average is $100.93 and its 200-day moving average is $79.60.

Brinker International (NYSE:EAT - Get Free Report) last issued its earnings results on Wednesday, October 30th. The restaurant operator reported $0.95 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.26. Brinker International had a negative return on equity of 839.19% and a net margin of 4.11%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the prior year, the firm earned $0.28 earnings per share. Brinker International's revenue for the quarter was up 12.5% on a year-over-year basis. On average, research analysts forecast that Brinker International, Inc. will post 5.52 earnings per share for the current year.

Brinker International Profile

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.