Dimensional Fund Advisors LP Has $37.17 Million Stake in BJ's Restaurants, Inc. (NASDAQ:BJRI)

Dimensional Fund Advisors LP lowered its holdings in shares of BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) by 1.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,071,032 shares of the restaurant operator's stock after selling 18,801 shares during the period. Dimensional Fund Advisors LP owned 4.58% of BJ's Restaurants worth $37,165,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of BJRI. American Century Companies Inc. boosted its stake in BJ's Restaurants by 27.5% in the 2nd quarter. American Century Companies Inc. now owns 529,116 shares of the restaurant operator's stock valued at $18,360,000 after purchasing an additional 114,008 shares during the period. RK Capital Management LLC lifted its position in shares of BJ's Restaurants by 3.8% during the 4th quarter. RK Capital Management LLC now owns 341,600 shares of the restaurant operator's stock valued at $12,301,000 after acquiring an additional 12,500 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of BJ's Restaurants by 2.0% during the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 302,152 shares of the restaurant operator's stock worth $10,485,000 after purchasing an additional 5,976 shares in the last quarter. Panagora Asset Management Inc. grew its stake in BJ's Restaurants by 6.2% during the second quarter. Panagora Asset Management Inc. now owns 142,622 shares of the restaurant operator's stock worth $4,949,000 after buying an additional 8,323 shares in the last quarter. Finally, Verition Fund Management LLC increased its stake in BJ's Restaurants by 298.7% in the fourth quarter. Verition Fund Management LLC now owns 141,556 shares of the restaurant operator's stock valued at $5,097,000 after acquiring an additional 106,054 shares during the last quarter. Institutional investors own 99.95% of the company's stock.

BJ's Restaurants Trading Up 1.2 %

BJRI stock traded up $0.39 during trading on Tuesday, hitting $32.95. The company had a trading volume of 389,060 shares, compared to its average volume of 394,868. The stock has a market cap of $770.47 million, a PE ratio of 32.95, a PEG ratio of 1.60 and a beta of 2.12. The business has a 50-day moving average of $31.01 and a 200-day moving average of $33.43. The company has a current ratio of 0.35, a quick ratio of 0.27 and a debt-to-equity ratio of 0.16. BJ's Restaurants, Inc. has a one year low of $21.64 and a one year high of $38.87.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The restaurant operator reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.21. BJ's Restaurants had a net margin of 2.19% and a return on equity of 7.83%. The company had revenue of $349.93 million for the quarter, compared to analyst estimates of $349.18 million. During the same period in the prior year, the firm posted $0.50 EPS. The company's quarterly revenue was up .1% on a year-over-year basis. Research analysts predict that BJ's Restaurants, Inc. will post 1.42 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BJRI. Barclays dropped their price objective on shares of BJ's Restaurants from $36.00 to $35.00 and set an "underweight" rating for the company in a research note on Friday, July 26th. Wedbush reiterated an "outperform" rating and issued a $43.00 price target on shares of BJ's Restaurants in a research note on Thursday, August 29th. Finally, Benchmark lowered BJ's Restaurants from a "buy" rating to a "hold" rating in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $38.63.

Insiders Place Their Bets

In other BJ's Restaurants news, CEO C Bradford Richmond bought 2,500 shares of the business's stock in a transaction that occurred on Friday, September 6th. The shares were bought at an average price of $29.40 per share, for a total transaction of $73,500.00. Following the transaction, the chief executive officer now directly owns 16,905 shares in the company, valued at $497,007. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.90% of the company's stock.

BJ's Restaurants Company Profile

BJ's Restaurants, Inc owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts under brand name Pizookie. The company was formerly known as Chicago Pizza & Brewery, Inc and changed its name to BJ's Restaurants, Inc in August 2004.