1,886 Shares in Brinker International, Inc. (NYSE:EAT) Bought by Oxford Financial Group LTD. LLC

Oxford Financial Group LTD. LLC bought a new stake in Brinker International, Inc. (NYSE:EAT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 1,886 shares of the restaurant operator's stock, valued at approximately $249,000.

A number of other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in Brinker International by 0.8% during the 3rd quarter. Geode Capital Management LLC now owns 998,278 shares of the restaurant operator's stock worth $76,413,000 after buying an additional 8,105 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Brinker International by 4.3% during the 3rd quarter. Fisher Asset Management LLC now owns 691,230 shares of the restaurant operator's stock valued at $52,900,000 after acquiring an additional 28,373 shares in the last quarter. Hennessy Advisors Inc. bought a new position in Brinker International during the fourth quarter worth $81,888,000. Wellington Management Group LLP boosted its holdings in Brinker International by 55.1% in the third quarter. Wellington Management Group LLP now owns 618,728 shares of the restaurant operator's stock worth $47,351,000 after purchasing an additional 219,836 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in Brinker International by 2,612.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 588,594 shares of the restaurant operator's stock valued at $77,865,000 after purchasing an additional 566,894 shares during the last quarter.

Brinker International Price Performance

Shares of NYSE:EAT traded up $3.78 during trading on Tuesday, reaching $157.93. The company had a trading volume of 1,339,959 shares, compared to its average volume of 1,398,224. The firm's fifty day moving average is $156.18 and its 200 day moving average is $125.74. The company has a debt-to-equity ratio of 4.96, a quick ratio of 0.27 and a current ratio of 0.33. The firm has a market capitalization of $7.01 billion, a PE ratio of 27.37, a price-to-earnings-growth ratio of 0.49 and a beta of 2.56. Brinker International, Inc. has a twelve month low of $43.37 and a twelve month high of $192.22.

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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%. On average, equities analysts forecast that Brinker International, Inc. will post 8.3 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. UBS Group raised their price target on shares of Brinker International from $108.00 to $146.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 7th. Morgan Stanley raised shares of Brinker International from an "underweight" rating to an "equal weight" rating and raised their target price for the stock from $70.00 to $115.00 in a report on Friday, December 20th. Northcoast Research raised Brinker International from a "neutral" rating to a "buy" rating and set a $215.00 target price for the company in a report on Thursday, January 30th. KeyCorp downgraded Brinker International from an "overweight" rating to a "sector weight" rating and set a $115.00 price target on the stock. in a report on Friday, January 24th. Finally, StockNews.com upgraded Brinker International from a "hold" rating to a "buy" rating in a research note on Friday, January 31st. Fourteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Brinker International currently has a consensus rating of "Hold" and an average price target of $140.18.

Insider Activity

In other Brinker International news, Director Cindy L. Davis sold 5,802 shares of the business's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $187.86, for a total value of $1,089,963.72. Following the sale, the director now directly owns 11,107 shares in the company, valued at approximately $2,086,561.02. The trade was a 34.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Douglas N. Comings sold 7,500 shares of the firm's stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $167.10, for a total transaction of $1,253,250.00. Following the transaction, the chief operating officer now owns 26,752 shares of the company's stock, valued at approximately $4,470,259.20. This trade represents a 21.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,802 shares of company stock worth $3,752,464 over the last 90 days. 1.72% of the stock is currently owned by company insiders.

Brinker International Profile

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.