Oxford Financial Group LTD. LLC Takes Position in Brinker International, Inc. (NYSE:EAT)

Oxford Financial Group LTD. 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 Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,886 shares of the restaurant operator's stock, valued at approximately $249,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Kazazian Asset Management LLC acquired a new position in Brinker International in the 4th quarter valued at $4,802,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of Brinker International in the fourth quarter valued at about $978,000. Xponance Inc. grew its position in shares of Brinker International by 11.1% in the fourth quarter. Xponance Inc. now owns 3,215 shares of the restaurant operator's stock valued at $425,000 after purchasing an additional 320 shares during the last quarter. Intech Investment Management LLC increased its stake in shares of Brinker International by 327.4% in the fourth quarter. Intech Investment Management LLC now owns 103,019 shares of the restaurant operator's stock worth $13,628,000 after purchasing an additional 78,917 shares during the period. Finally, Counterpoint Mutual Funds LLC acquired a new position in shares of Brinker International during the 4th quarter worth about $1,871,000.

Brinker International Price Performance

NYSE:EAT traded down $3.75 on Wednesday, reaching $154.20. The stock had a trading volume of 1,029,955 shares, compared to its average volume of 1,396,540. 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 company has a market capitalization of $6.85 billion, a P/E ratio of 26.72, a price-to-earnings-growth ratio of 0.49 and a beta of 2.56. Brinker International, Inc. has a 1-year low of $43.37 and a 1-year high of $192.22. The stock has a fifty day moving average price of $156.18 and a 200-day moving average price of $125.74.

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Brinker International (NYSE:EAT - Get Free Report) last announced its earnings results on Wednesday, January 29th. The restaurant operator reported $2.80 EPS for the quarter, topping the consensus estimate 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 forecast that Brinker International, Inc. will post 8.3 EPS for the current year.

Insider Activity

In other Brinker International news, Director Cindy L. Davis sold 5,802 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $187.86, for a total value of $1,089,963.72. Following the transaction, the director now directly owns 11,107 shares in the company, valued at approximately $2,086,561.02. This trade represents a 34.31 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Douglas N. Comings sold 7,500 shares of Brinker International stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $167.10, for a total value of $1,253,250.00. Following the completion of the sale, the chief operating officer now owns 26,752 shares of the company's stock, valued at approximately $4,470,259.20. The trade was a 21.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,802 shares of company stock worth $3,752,464. 1.72% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

EAT has been the topic of a number of research analyst reports. StockNews.com raised Brinker International from a "hold" rating to a "buy" rating in a report on Friday, January 31st. The Goldman Sachs Group boosted their target price on shares of Brinker International from $162.00 to $208.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Stifel Nicolaus increased their price target on shares of Brinker International from $155.00 to $170.00 and gave the company a "buy" rating in a report on Monday, January 27th. Morgan Stanley upgraded shares of Brinker International from an "underweight" rating to an "equal weight" rating and raised their price target for the stock from $70.00 to $115.00 in a research report on Friday, December 20th. Finally, Argus raised shares of Brinker International from a "hold" rating to a "buy" rating and set a $150.00 price objective for the company in a research report on Tuesday, December 24th. Fourteen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $140.18.

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.