Geode Capital Management LLC lifted its position in shares of Habit Restaurants Inc (NASDAQ:HABT) by 5.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 240,227 shares of the restaurant operator’s stock after purchasing an additional 12,138 shares during the quarter. Geode Capital Management LLC owned approximately 0.92% of Habit Restaurants worth $2,522,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its position in shares of Habit Restaurants by 6.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 83,760 shares of the restaurant operator’s stock worth $1,336,000 after buying an additional 5,394 shares during the period. Teachers Advisors LLC raised its position in Habit Restaurants by 15.0% in the 3rd quarter. Teachers Advisors LLC now owns 41,854 shares of the restaurant operator’s stock valued at $668,000 after purchasing an additional 5,445 shares during the last quarter. Rhumbline Advisers raised its position in Habit Restaurants by 43.9% in the 4th quarter. Rhumbline Advisers now owns 29,000 shares of the restaurant operator’s stock valued at $304,000 after purchasing an additional 8,846 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Habit Restaurants by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 932,538 shares of the restaurant operator’s stock valued at $9,792,000 after purchasing an additional 9,837 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in Habit Restaurants in the 3rd quarter valued at $187,000. 65.80% of the stock is currently owned by institutional investors.
Shares of Habit Restaurants stock traded down $0.25 during trading on Wednesday, reaching $11.60. 119,747 shares of the company were exchanged, compared to its average volume of 291,536. The company has a quick ratio of 0.61, a current ratio of 0.64 and a debt-to-equity ratio of 1.03. Habit Restaurants Inc has a twelve month low of $8.60 and a twelve month high of $18.30. The stock has a market cap of $305.87 million, a PE ratio of 68.24, a price-to-earnings-growth ratio of 4.51 and a beta of 1.09.
Habit Restaurants (NASDAQ:HABT) last announced its quarterly earnings data on Thursday, February 28th. The restaurant operator reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.05. Habit Restaurants had a return on equity of 2.72% and a net margin of 0.47%. The business had revenue of $102.71 million during the quarter, compared to analysts’ expectations of $99.87 million. Analysts expect that Habit Restaurants Inc will post 0.13 EPS for the current fiscal year.
Several equities analysts have issued reports on HABT shares. Zacks Investment Research upgraded Habit Restaurants from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Wednesday, March 6th. ValuEngine upgraded Habit Restaurants from a “hold” rating to a “buy” rating in a research report on Wednesday, February 13th. Maxim Group restated a “buy” rating and set a $17.00 target price (down previously from $19.00) on shares of Habit Restaurants in a research report on Monday, February 25th. Finally, BidaskClub upgraded Habit Restaurants from a “sell” rating to a “hold” rating in a research report on Friday, February 15th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $16.67.
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Habit Restaurants Profile
The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.
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