Illinois Municipal Retirement Fund Has $403,000 Position in Chuy’s Holdings, Inc. (NASDAQ:CHUY)

Illinois Municipal Retirement Fund lowered its position in shares of Chuy’s Holdings, Inc. (NASDAQ:CHUY) by 5.9% in the fourth quarter, Holdings Channel reports. The firm owned 10,535 shares of the restaurant operator’s stock after selling 662 shares during the period. Illinois Municipal Retirement Fund’s holdings in Chuy’s were worth $403,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CHUY. Bank of New York Mellon Corp lifted its stake in Chuy’s by 4.2% in the third quarter. Bank of New York Mellon Corp now owns 321,878 shares of the restaurant operator’s stock valued at $11,452,000 after buying an additional 13,033 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Chuy’s by 57.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,347 shares of the restaurant operator’s stock valued at $155,000 after buying an additional 1,583 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Chuy’s by 11.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,957 shares of the restaurant operator’s stock valued at $141,000 after buying an additional 413 shares in the last quarter. Congress Wealth Management LLC DE lifted its stake in Chuy’s by 44.9% in the third quarter. Congress Wealth Management LLC DE now owns 103,768 shares of the restaurant operator’s stock valued at $3,692,000 after buying an additional 32,137 shares in the last quarter. Finally, Teacher Retirement System of Texas lifted its position in shares of Chuy’s by 14.6% in the third quarter. Teacher Retirement System of Texas now owns 33,609 shares of the restaurant operator’s stock worth $1,196,000 after purchasing an additional 4,273 shares in the last quarter. Institutional investors own 99.92% of the company’s stock.

Chuy’s Trading Down 1.6 %

Shares of CHUY opened at $28.99 on Thursday. The company’s fifty day simple moving average is $32.61 and its 200 day simple moving average is $34.12. Chuy’s Holdings, Inc. has a 1-year low of $28.90 and a 1-year high of $43.17. The company has a market cap of $499.50 million, a price-to-earnings ratio of 16.66 and a beta of 1.63.

Chuy’s (NASDAQ:CHUY) last released its quarterly earnings results on Thursday, February 22nd. The restaurant operator reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. Chuy’s had a net margin of 6.83% and a return on equity of 13.96%. The business had revenue of $116.30 million for the quarter, compared to the consensus estimate of $116.63 million. During the same period in the prior year, the company posted $0.27 earnings per share. Chuy’s’s revenue was up 11.7% compared to the same quarter last year. As a group, research analysts forecast that Chuy’s Holdings, Inc. will post 1.85 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on CHUY shares. Wedbush cut their price objective on shares of Chuy’s from $41.00 to $38.00 and set an “outperform” rating on the stock in a research report on Friday, February 23rd. Stephens started coverage on shares of Chuy’s in a research report on Friday, April 12th. They issued an “overweight” rating and a $40.00 price objective on the stock. StockNews.com lowered shares of Chuy’s from a “buy” rating to a “hold” rating in a research report on Friday, March 1st. Finally, Piper Sandler cut their price objective on shares of Chuy’s from $39.00 to $35.00 and set a “neutral” rating on the stock in a research report on Friday, February 23rd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $39.71.

About Chuy’s

Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.