Shaker Investments LLC OH Sells 99 Shares of Texas Roadhouse, Inc. (NASDAQ:TXRH)

Shaker Investments LLC OH trimmed its holdings in Texas Roadhouse, Inc. (NASDAQ:TXRH) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,859 shares of the restaurant operator’s stock after selling 99 shares during the period. Texas Roadhouse accounts for approximately 1.7% of Shaker Investments LLC OH’s holdings, making the stock its 17th largest position. Shaker Investments LLC OH’s holdings in Texas Roadhouse were worth $3,944,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Cetera Investment Advisers boosted its holdings in Texas Roadhouse by 125.1% in the second quarter. Cetera Investment Advisers now owns 6,392 shares of the restaurant operator’s stock worth $1,098,000 after purchasing an additional 3,553 shares in the last quarter. CWM LLC raised its stake in shares of Texas Roadhouse by 47.0% in the 3rd quarter. CWM LLC now owns 10,172 shares of the restaurant operator’s stock valued at $1,796,000 after acquiring an additional 3,250 shares in the last quarter. UMB Bank n.a. boosted its position in Texas Roadhouse by 118.6% during the third quarter. UMB Bank n.a. now owns 258 shares of the restaurant operator’s stock worth $46,000 after purchasing an additional 140 shares during the period. Exchange Traded Concepts LLC grew its holdings in Texas Roadhouse by 3.9% during the third quarter. Exchange Traded Concepts LLC now owns 4,508 shares of the restaurant operator’s stock valued at $796,000 after purchasing an additional 169 shares during the last quarter. Finally, Stablepoint Partners LLC lifted its stake in shares of Texas Roadhouse by 2.2% in the third quarter. Stablepoint Partners LLC now owns 7,871 shares of the restaurant operator’s stock worth $1,390,000 after buying an additional 166 shares during the last quarter. Institutional investors and hedge funds own 94.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. The Goldman Sachs Group started coverage on Texas Roadhouse in a research report on Thursday, December 5th. They issued a “neutral” rating and a $213.00 price target on the stock. Wedbush reissued an “outperform” rating and issued a $200.00 price objective on shares of Texas Roadhouse in a research report on Thursday, December 19th. UBS Group boosted their target price on shares of Texas Roadhouse from $200.00 to $210.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Gordon Haskett downgraded shares of Texas Roadhouse from a “buy” rating to a “hold” rating and set a $192.00 price target for the company. in a report on Wednesday, January 8th. Finally, BMO Capital Markets boosted their price objective on shares of Texas Roadhouse from $155.00 to $162.00 and gave the stock a “market perform” rating in a report on Friday, October 25th. Thirteen research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, Texas Roadhouse presently has a consensus rating of “Hold” and a consensus target price of $191.26.

Insider Transactions at Texas Roadhouse

In other Texas Roadhouse news, insider Christopher C. Colson sold 1,370 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $179.46, for a total transaction of $245,860.20. Following the completion of the transaction, the insider now owns 10,000 shares of the company’s stock, valued at $1,794,600. This represents a 12.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO Hernan E. Mujica sold 1,500 shares of Texas Roadhouse stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $202.26, for a total transaction of $303,390.00. Following the completion of the sale, the chief technology officer now owns 16,342 shares in the company, valued at $3,305,332.92. This trade represents a 8.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.50% of the stock is owned by insiders.

Texas Roadhouse Price Performance

NASDAQ:TXRH opened at $173.60 on Tuesday. The business’s 50-day simple moving average is $183.66 and its 200-day simple moving average is $180.06. The stock has a market capitalization of $11.58 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 1.28 and a beta of 1.02. Texas Roadhouse, Inc. has a fifty-two week low of $130.15 and a fifty-two week high of $206.04.

Texas Roadhouse Profile

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.