Texas Roadhouse Inc (TXRH) : Interactive Financial Advisors has sold out all of its stake in Texas Roadhouse Inc during the most recent quarter, according to the disclosure filed by the company on Jul 14, 2016 with the SEC. The investment management company has sold out 11 shares of Texas Roadhouse Inc which is valued at $509.
Other Hedge Funds, Including , Mai Capital Management reduced its stake in TXRH by selling 2,630 shares or 11.76% in the most recent quarter. The Hedge Fund company now holds 19,738 shares of TXRH which is valued at $912,488. Texas Roadhouse Inc makes up approx 0.07% of Mai Capital Management’s portfolio.Gw&k Investment Management reduced its stake in TXRH by selling 41,885 shares or 3.38% in the most recent quarter. The Hedge Fund company now holds 1,198,985 shares of TXRH which is valued at $55,944,640. Texas Roadhouse Inc makes up approx 1.14% of Gw&k Investment Management’s portfolio. Mazama Capital Management Inc added TXRH to its portfolio by purchasing 446 company shares during the most recent quarter which is valued at $20,257.Bnp Paribas Arbitrage Sa boosted its stake in TXRH in the latest quarter, The investment management firm added 45,466 additional shares and now holds a total of 69,622 shares of Texas Roadhouse Inc which is valued at $3,162,231. Texas Roadhouse Inc makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.
Texas Roadhouse Inc closed down -0.38 points or -0.82% at $46.23 with 5,62,070 shares getting traded on Monday. Post opening the session at $46.19, the shares hit an intraday low of $45.92 and an intraday high of $46.415 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Texas Roadhouse Inc reported $0.50 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on May 2, 2016. Analyst had a consensus of $0.54. The company had revenue of $515.56 million for the quarter, compared to analysts expectations of $516.35 million. The company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
Many Wall Street Analysts have commented on Texas Roadhouse Inc. Maxim Group Downgraded Texas Roadhouse Inc on Jul 18, 2016 to ” Hold”, Price Target of the shares are set at $48.Buckingham Research Initiated Texas Roadhouse Inc on Jun 16, 2016 to “Neutral”, Price Target of the shares are set at $47.Company shares were Reiterated by Telsey Advisory Group on May 3, 2016 to “Outperform”, Firm has raised the Price Target to $ 48 from a previous price target of $44 .
Texas Roadhouse Inc. is a full-service casual dining restaurant company. The Company offers an assortment of seasoned and aged steaks. In addition to steaks it also offers ribs fish seafood chicken pork chops pulled pork and vegetable plates and an assortment of hamburgers salads and sandwiches. Its entrees include made-from-scratch yeast rolls and also include the choice of two of the following made-from-scratch sides: baked potato sweet potato steak fries mashed potatoes house or Caesar salad green beans chili seasoned rice buttered corn applesauce and steamed vegetables. Its restaurants offer a full bar that offers draft and bottled beer different brands of liquor and wine as well as margaritas. As of December 30 2014 the Company had 451 restaurants which included 372 Company restaurants of which 356 were wholly-owned and 16 were majority-owned and 79 franchise restaurants in which the Company held 5% to 10.0% ownership interest in 23 restaurants.