15,353 Shares in BJ's Restaurants, Inc. (NASDAQ:BJRI) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 15,353 shares of the restaurant operator's stock, valued at approximately $500,000. SG Americas Securities LLC owned about 0.07% of BJ's Restaurants as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Meeder Asset Management Inc. bought a new position in BJ's Restaurants in the 2nd quarter valued at $40,000. EntryPoint Capital LLC purchased a new stake in BJ's Restaurants during the first quarter worth about $45,000. 1620 Investment Advisors Inc. bought a new stake in BJ's Restaurants in the second quarter worth about $57,000. Headlands Technologies LLC boosted its stake in BJ's Restaurants by 247.8% in the second quarter. Headlands Technologies LLC now owns 1,864 shares of the restaurant operator's stock valued at $65,000 after acquiring an additional 1,328 shares during the last quarter. Finally, nVerses Capital LLC bought a new position in shares of BJ's Restaurants during the 2nd quarter valued at approximately $187,000. 99.95% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on BJRI shares. Wedbush reiterated an "outperform" rating and issued a $43.00 price objective on shares of BJ's Restaurants in a research note on Thursday, August 29th. Barclays dropped their price target 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. Finally, Benchmark lowered BJ's Restaurants from a "buy" rating to a "hold" rating in a report on Friday, July 26th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $38.43.

BJ's Restaurants Stock Performance

Shares of NASDAQ:BJRI traded up $0.84 during midday trading on Thursday, reaching $35.41. 292,075 shares of the company traded hands, compared to its average volume of 390,110. The firm's fifty day moving average price is $31.34 and its two-hundred day moving average price is $33.30. The firm has a market capitalization of $827.99 million, a price-to-earnings ratio of 34.57, a price-to-earnings-growth ratio of 1.66 and a beta of 2.12. The company has a quick ratio of 0.27, a current ratio of 0.35 and a debt-to-equity ratio of 0.16. BJ's Restaurants, Inc. has a 12 month low of $22.35 and a 12 month high of $38.87.

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

Insider Buying and Selling

In other news, CEO C Bradford Richmond purchased 2,500 shares of BJ's Restaurants stock in a transaction dated Friday, September 6th. The stock was purchased at an average cost 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 of the company's stock, valued at approximately $497,007. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.90% of the stock is currently owned by insiders.

About BJ's Restaurants

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.