Barclays PLC Buys 10,433 Shares of RCI Hospitality Holdings Inc (NASDAQ:RICK)

Barclays PLC lifted its position in RCI Hospitality Holdings Inc (NASDAQ:RICK - Free Report) by 330.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,593 shares of the restaurant operator's stock after acquiring an additional 10,433 shares during the quarter. Barclays PLC owned approximately 0.15% of RCI Hospitality worth $605,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RICK. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of RCI Hospitality by 254.1% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 694 shares of the restaurant operator's stock valued at $31,000 after purchasing an additional 498 shares in the last quarter. Quest Partners LLC acquired a new position in RCI Hospitality during the third quarter valued at $29,000. FMR LLC lifted its stake in RCI Hospitality by 132.6% in the 3rd quarter. FMR LLC now owns 1,800 shares of the restaurant operator's stock worth $80,000 after acquiring an additional 1,026 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in RCI Hospitality during the 3rd quarter worth about $54,000. Finally, BNP Paribas Financial Markets grew its stake in RCI Hospitality by 47.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,921 shares of the restaurant operator's stock valued at $175,000 after acquiring an additional 1,260 shares in the last quarter. Institutional investors and hedge funds own 53.82% of the company's stock.

RCI Hospitality Stock Up 0.2 %

RICK stock traded up $0.12 during mid-day trading on Friday, hitting $52.32. The stock had a trading volume of 43,846 shares, compared to its average volume of 79,795. RCI Hospitality Holdings Inc has a 1-year low of $37.61 and a 1-year high of $63.76. The company has a fifty day moving average of $53.58 and a 200 day moving average of $47.58. The company has a current ratio of 0.98, a quick ratio of 0.89 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $465.65 million, a price-to-earnings ratio of 163.51 and a beta of 1.57.

RCI Hospitality Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 0.54%. The ex-dividend date was Monday, December 16th. RCI Hospitality's payout ratio is presently 87.50%.

Wall Street Analyst Weigh In

RICK has been the subject of a number of research analyst reports. StockNews.com lowered shares of RCI Hospitality from a "buy" rating to a "hold" rating in a research report on Tuesday, December 17th. HC Wainwright reissued a "buy" rating and set a $98.00 target price on shares of RCI Hospitality in a research note on Friday, January 10th.

About RCI Hospitality

RCI Hospitality Holdings, Inc, through its subsidiaries, engages in the hospitality and related businesses in the United States. It operates in Nightclubs, Bombshells, and Media Group segments. The company's wholly-owned subsidiaries own and/or operates upscale adult nightclubs serving primarily businessmen and professionals under the Rick's Cabaret, Jaguars Club, Tootsie's Cabaret, XTC Cabaret, Club Onyx, Hoops Cabaret and Sports Bar, Scarlett's Cabaret, Temptations Adult Cabaret, Foxy's Cabaret, Vivid Cabaret, Downtown Cabaret, Cabaret East, The Seville, Silver City Cabaret, and Kappa Men's Club.