Nisa Investment Advisors LLC grew its holdings in shares of Texas Roadhouse, Inc. (NASDAQ:TXRH - Free Report) by 24.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,839 shares of the restaurant operator's stock after buying an additional 13,378 shares during the quarter. Nisa Investment Advisors LLC owned 0.10% of Texas Roadhouse worth $12,240,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in TXRH. True Wealth Design LLC purchased a new stake in shares of Texas Roadhouse in the third quarter valued at $30,000. PSI Advisors LLC raised its position in Texas Roadhouse by 70.8% in the 3rd quarter. PSI Advisors LLC now owns 181 shares of the restaurant operator's stock worth $32,000 after purchasing an additional 75 shares during the period. UMB Bank n.a. lifted its stake in Texas Roadhouse by 118.6% in the third quarter. UMB Bank n.a. now owns 258 shares of the restaurant operator's stock worth $46,000 after purchasing an additional 140 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of Texas Roadhouse by 32.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 267 shares of the restaurant operator's stock valued at $48,000 after buying an additional 65 shares during the period. Finally, Canada Pension Plan Investment Board bought a new position in shares of Texas Roadhouse during the second quarter valued at approximately $52,000. Institutional investors own 94.82% of the company's stock.
Analyst Ratings Changes
A number of equities analysts have commented on TXRH shares. Royal Bank of Canada restated a "sector perform" rating and issued a $200.00 target price on shares of Texas Roadhouse in a research note on Thursday, January 16th. Loop Capital reduced their price objective on Texas Roadhouse from $215.00 to $209.00 and set a "buy" rating on the stock in a report on Monday, October 28th. Evercore ISI lifted their target price on Texas Roadhouse from $195.00 to $200.00 and gave the company an "outperform" rating in a research report on Tuesday, October 15th. Morgan Stanley raised Texas Roadhouse from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $205.00 to $213.00 in a research report on Tuesday. Finally, Wedbush restated an "outperform" rating and issued a $200.00 price target on shares of Texas Roadhouse in a report on Thursday, December 19th. Thirteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $191.26.
Get Our Latest Stock Analysis on TXRH
Texas Roadhouse Trading Down 0.3 %
Shares of TXRH stock traded down $0.58 during mid-day trading on Friday, reaching $178.55. The stock had a trading volume of 854,624 shares, compared to its average volume of 862,842. The business's fifty day moving average is $187.28 and its 200-day moving average is $179.14. The firm has a market cap of $11.91 billion, a price-to-earnings ratio of 30.68, a PEG ratio of 1.36 and a beta of 1.01. Texas Roadhouse, Inc. has a 1-year low of $122.16 and a 1-year high of $206.04.
Texas Roadhouse (NASDAQ:TXRH - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The restaurant operator reported $1.26 earnings per share for the quarter, missing analysts' consensus estimates of $1.32 by ($0.06). The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. Texas Roadhouse had a return on equity of 31.33% and a net margin of 7.65%. The firm's revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.95 EPS. On average, analysts forecast that Texas Roadhouse, Inc. will post 6.4 earnings per share for the current year.
Texas Roadhouse Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th were issued a $0.61 dividend. The ex-dividend date of this dividend was Tuesday, December 10th. This represents a $2.44 annualized dividend and a dividend yield of 1.37%. Texas Roadhouse's dividend payout ratio (DPR) is presently 41.92%.
Insider Transactions at Texas Roadhouse
In other news, Director Donna E. Epps sold 610 shares of the stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $195.66, for a total transaction of $119,352.60. Following the transaction, the director now owns 3,532 shares in the company, valued at $691,071.12. This trade represents a 14.73 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Christopher C. Colson sold 1,370 shares of the business's stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $179.46, for a total transaction of $245,860.20. Following the sale, the insider now directly owns 10,000 shares of the company's stock, valued at $1,794,600. This represents a 12.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,480 shares of company stock worth $668,603 over the last quarter. 0.50% of the stock is currently owned by insiders.
Texas Roadhouse Company Profile
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Free Report)
Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. It also operates and franchises restaurants under the Texas Roadhouse, Bubba's 33, and Jaggers names in 49 states and ten internationally. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.
See Also
![Institutional Ownership by Quarter for Texas Roadhouse (NASDAQ:TXRH)](https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=TXRH)
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