Running Oak Capital LLC Has $14.75 Million Stake in Texas Roadhouse, Inc. (NASDAQ:TXRH)

Running Oak Capital LLC grew its holdings in Texas Roadhouse, Inc. (NASDAQ:TXRH - Free Report) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 81,757 shares of the restaurant operator's stock after buying an additional 1,703 shares during the quarter. Texas Roadhouse accounts for approximately 1.9% of Running Oak Capital LLC's holdings, making the stock its 10th biggest holding. Running Oak Capital LLC owned 0.12% of Texas Roadhouse worth $14,751,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TXRH. Kingsview Wealth Management LLC raised its stake in Texas Roadhouse by 3.1% during the third quarter. Kingsview Wealth Management LLC now owns 1,771 shares of the restaurant operator's stock worth $313,000 after acquiring an additional 54 shares in the last quarter. Lifestyle Asset Management Inc. lifted its holdings in Texas Roadhouse by 3.9% during the 4th quarter. Lifestyle Asset Management Inc. now owns 1,603 shares of the restaurant operator's stock valued at $289,000 after purchasing an additional 60 shares during the last quarter. CIBC Asset Management Inc boosted its position in Texas Roadhouse by 3.3% in the third quarter. CIBC Asset Management Inc now owns 1,952 shares of the restaurant operator's stock valued at $345,000 after buying an additional 62 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Texas Roadhouse by 32.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 267 shares of the restaurant operator's stock worth $48,000 after buying an additional 65 shares during the last quarter. Finally, Insight Wealth Partners LLC increased its holdings in shares of Texas Roadhouse by 3.9% during the third quarter. Insight Wealth Partners LLC now owns 1,818 shares of the restaurant operator's stock worth $321,000 after buying an additional 68 shares in the last quarter. 94.82% of the stock is owned by institutional investors.

Insider Transactions at Texas Roadhouse

In other Texas Roadhouse news, insider Christopher C. Colson sold 1,370 shares of the business's stock in a transaction dated Friday, January 10th. The shares were 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. The trade was a 12.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Donna E. Epps sold 610 shares of the firm's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $195.66, for a total value of $119,352.60. Following the completion of the transaction, the director now owns 3,532 shares of the company's stock, valued at $691,071.12. The trade was a 14.73 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,480 shares of company stock valued at $668,603 over the last quarter. Corporate insiders own 0.50% of the company's stock.

Texas Roadhouse Stock Performance

NASDAQ:TXRH traded down $0.58 on Friday, reaching $178.55. The company's stock had a trading volume of 854,624 shares, compared to its average volume of 646,685. Texas Roadhouse, Inc. has a 1-year low of $122.16 and a 1-year high of $206.04. The business's 50-day moving average price is $187.28 and its two-hundred day moving average price is $179.14. The firm has a market cap of $11.91 billion, a PE ratio of 30.68, a PEG ratio of 1.36 and a beta of 1.01.

Texas Roadhouse (NASDAQ:TXRH - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The restaurant operator reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 7.65% and a return on equity of 31.33%. Texas Roadhouse's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.95 earnings per share. As a group, sell-side analysts expect that Texas Roadhouse, Inc. will post 6.4 EPS for the current year.

Texas Roadhouse Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th were issued a $0.61 dividend. This represents a $2.44 annualized dividend and a dividend yield of 1.37%. The ex-dividend date was Tuesday, December 10th. Texas Roadhouse's dividend payout ratio (DPR) is presently 41.92%.

Analyst Ratings Changes

A number of research firms recently weighed in on TXRH. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $200.00 price target on shares of Texas Roadhouse in a report on Thursday, January 16th. Robert W. Baird raised their price objective on shares of Texas Roadhouse from $190.00 to $205.00 and gave the company an "outperform" rating in a research report on Friday, October 25th. Evercore ISI upped their target price on shares of Texas Roadhouse from $195.00 to $200.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 15th. UBS Group raised their price target on shares of Texas Roadhouse from $200.00 to $210.00 and gave the company a "buy" rating in a report on Friday, October 25th. Finally, Gordon Haskett downgraded Texas Roadhouse from a "buy" rating to a "hold" rating and set a $192.00 price objective on the stock. in a report on Wednesday, January 8th. Thirteen investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $191.26.

About Texas Roadhouse

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.