Quantbot Technologies LP Buys 52,257 Shares of Brinker International, Inc. (NYSE:EAT)

Quantbot Technologies LP boosted its holdings in Brinker International, Inc. (NYSE:EAT - Free Report) by 341.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67,575 shares of the restaurant operator's stock after buying an additional 52,257 shares during the period. Quantbot Technologies LP owned approximately 0.15% of Brinker International worth $8,939,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Wolff Wiese Magana LLC increased its position in Brinker International by 100.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 200 shares of the restaurant operator's stock worth $26,000 after acquiring an additional 100 shares during the period. GAMMA Investing LLC raised its position in shares of Brinker International by 123.9% during the fourth quarter. GAMMA Investing LLC now owns 309 shares of the restaurant operator's stock valued at $41,000 after buying an additional 171 shares during the last quarter. R Squared Ltd acquired a new stake in Brinker International during the fourth quarter worth about $83,000. SBI Securities Co. Ltd. acquired a new stake in shares of Brinker International during the 4th quarter worth approximately $126,000. Finally, Daiwa Securities Group Inc. bought a new stake in shares of Brinker International during the fourth quarter valued at approximately $146,000.

Brinker International Price Performance

EAT traded down $3.75 during midday trading on Wednesday, hitting $154.20. The company had a trading volume of 1,029,955 shares, compared to its average volume of 1,396,541. Brinker International, Inc. has a twelve month low of $43.37 and a twelve month high of $192.22. The company has a market capitalization of $6.85 billion, a PE ratio of 26.72, a P/E/G ratio of 0.49 and a beta of 2.56. 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's 50-day simple moving average is $156.18 and its 200-day simple moving average is $125.74.

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Brinker International (NYSE:EAT - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The restaurant operator reported $2.80 earnings per share for the quarter, topping the consensus estimate of $1.37 by $1.43. Brinker International had a net margin of 5.45% and a return on equity of 879.47%. Equities research analysts predict that Brinker International, Inc. will post 8.3 EPS for the current fiscal year.

Analyst Ratings Changes

EAT has been the topic of a number of recent research reports. UBS Group lifted their price target on shares of Brinker International from $108.00 to $146.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 7th. Northcoast Research upgraded shares of Brinker International from a "neutral" rating to a "buy" rating and set a $215.00 target price on the stock in a research report on Thursday, January 30th. StockNews.com raised shares of Brinker International from a "hold" rating to a "buy" rating in a research note on Friday, January 31st. BMO Capital Markets raised their price target on shares of Brinker International from $105.00 to $125.00 and gave the stock a "market perform" rating in a research note on Monday, January 27th. Finally, The Goldman Sachs Group upped their price objective on Brinker International from $162.00 to $208.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Fourteen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Brinker International currently has an average rating of "Hold" and a consensus 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 stock was sold at an average price of $187.86, for a total transaction of $1,089,963.72. Following the completion of the sale, the director now directly owns 11,107 shares of the company's stock, valued at approximately $2,086,561.02. The trade was a 34.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 completion of the transaction, the chief operating officer now directly owns 26,752 shares in the company, valued at $4,470,259.20. This trade represents a 21.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 20,802 shares of company stock valued at $3,752,464 over the last 90 days. 1.72% of the stock is owned by company insiders.

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.