35,376 Shares in BJ's Restaurants, Inc. (NASDAQ:BJRI) Bought by Marshall Wace LLP

Marshall Wace LLP acquired a new position in shares of BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 35,376 shares of the restaurant operator's stock, valued at approximately $1,228,000. Marshall Wace LLP owned approximately 0.15% of BJ's Restaurants as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. American Century Companies Inc. increased its position in shares of BJ's Restaurants by 27.5% during 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 last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in BJ's Restaurants by 2.0% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 302,152 shares of the restaurant operator's stock valued at $10,485,000 after buying an additional 5,976 shares during the last quarter. Panagora Asset Management Inc. raised 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 valued at $4,949,000 after buying an additional 8,323 shares during the last quarter. Verition Fund Management LLC increased its holdings in shares of BJ's Restaurants by 298.7% in the 4th quarter. Verition Fund Management LLC now owns 141,556 shares of the restaurant operator's stock worth $5,097,000 after purchasing an additional 106,054 shares in the last quarter. Finally, Rothschild Investment LLC bought a new stake in shares of BJ's Restaurants in the 2nd quarter worth $3,250,000. Hedge funds and other institutional investors own 99.95% of the company's stock.

BJ's Restaurants Price Performance

BJ's Restaurants stock traded down $1.96 during midday trading on Monday, reaching $32.72. The company had a trading volume of 267,171 shares, compared to its average volume of 394,378. The company has a market capitalization of $765.09 million, a P/E ratio of 32.72, a P/E/G ratio of 1.60 and a beta of 2.12. BJ's Restaurants, Inc. has a 12-month low of $21.64 and a 12-month high of $38.87. The firm's fifty day simple moving average is $30.86 and its 200-day simple moving average is $33.35. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.35 and a quick ratio of 0.27.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The restaurant operator reported $0.72 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $349.93 million for the quarter, compared to analyst estimates of $349.18 million. During the same quarter in the previous year, the company earned $0.50 EPS. The business's revenue for the quarter was up .1% compared to the same quarter last year. As a group, equities analysts anticipate that BJ's Restaurants, Inc. will post 1.42 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Wedbush reaffirmed an "outperform" rating and issued a $43.00 price objective on shares of BJ's Restaurants in a report on Thursday, August 29th. Benchmark downgraded BJ's Restaurants from a "buy" rating to a "hold" rating in a research report on Friday, July 26th. Finally, Barclays decreased their target price on BJ's Restaurants from $36.00 to $35.00 and set an "underweight" rating on the stock in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $38.63.

Insider Buying and Selling

In other BJ's Restaurants news, CEO C Bradford Richmond acquired 2,500 shares of the stock in a transaction dated Friday, September 6th. The stock was acquired at an average cost of $29.40 per share, with a total value of $73,500.00. Following the transaction, the chief executive officer now owns 16,905 shares in the company, valued at $497,007. The trade was a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.90% of the stock is currently owned by insiders.

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.