10,000 Shares in Brinker International, Inc. (NYSE:EAT) Bought by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new stake in Brinker International, Inc. (NYSE:EAT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the restaurant operator's stock, valued at approximately $1,323,000.

Several other large investors also recently modified their holdings of EAT. Horrell Capital Management Inc. lifted its position in Brinker International by 0.3% during the fourth quarter. Horrell Capital Management Inc. now owns 26,657 shares of the restaurant operator's stock worth $3,526,000 after acquiring an additional 76 shares during the last quarter. Wolff Wiese Magana LLC boosted its stake in Brinker International by 100.0% in the 4th quarter. Wolff Wiese Magana LLC now owns 200 shares of the restaurant operator's stock valued at $26,000 after purchasing an additional 100 shares during the period. Savant Capital LLC grew its holdings in Brinker International by 4.7% in the 4th quarter. Savant Capital LLC now owns 3,274 shares of the restaurant operator's stock valued at $433,000 after buying an additional 147 shares in the last quarter. GAMMA Investing LLC increased its position in Brinker International by 123.9% during the 4th quarter. GAMMA Investing LLC now owns 309 shares of the restaurant operator's stock worth $41,000 after buying an additional 171 shares during the period. Finally, Arizona State Retirement System lifted its holdings in shares of Brinker International by 1.4% during the fourth quarter. Arizona State Retirement System now owns 12,989 shares of the restaurant operator's stock worth $1,718,000 after buying an additional 178 shares in the last quarter.

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Brinker International Trading Down 0.3 %

Brinker International stock traded down $0.41 during trading hours on Wednesday, reaching $132.50. 806,944 shares of the company's stock were exchanged, compared to its average volume of 1,446,009. The firm has a market capitalization of $5.88 billion, a PE ratio of 22.84, a PEG ratio of 0.49 and a beta of 2.21. The company has a quick ratio of 0.27, a current ratio of 0.33 and a debt-to-equity ratio of 4.96. The firm's 50 day simple moving average is $154.40 and its 200 day simple moving average is $130.85. Brinker International, Inc. has a twelve month low of $43.37 and a twelve month high of $192.22.

Brinker International (NYSE:EAT - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The restaurant operator reported $2.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $1.43. Brinker International had a return on equity of 879.47% and a net margin of 5.45%. Research analysts predict that Brinker International, Inc. will post 8.3 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EAT. StockNews.com upgraded shares of Brinker International from a "hold" rating to a "buy" rating in a research report on Friday, January 31st. Stifel Nicolaus raised their price objective on Brinker International from $155.00 to $170.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Northcoast Research raised Brinker International from a "neutral" rating to a "buy" rating and set a $215.00 price objective for the company in a report on Thursday, January 30th. Citigroup increased their target price on Brinker International from $166.00 to $185.00 and gave the stock a "neutral" rating in a report on Thursday, January 30th. Finally, UBS Group boosted their price target on Brinker International from $108.00 to $146.00 and gave the company a "neutral" rating in a research note on Tuesday, January 7th. Fourteen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $140.18.

Insider Activity

In other news, Director Cindy L. Davis sold 5,802 shares of the company's 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 transaction, the director now directly owns 11,107 shares of the company's stock, valued at $2,086,561.02. This represents a 34.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Douglas N. Comings sold 7,500 shares of Brinker International stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $187.90, for a total transaction of $1,409,250.00. Following the completion of the sale, the chief operating officer now directly owns 34,252 shares of the company's stock, valued at approximately $6,435,950.80. The trade was a 17.96 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,802 shares of company stock worth $3,752,464. Company insiders own 1.72% of the company's stock.

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.