BJ’s Restaurants, Inc. (NASDAQ:BJRI) Shares Bought by Rothschild Investment LLC

Rothschild Investment LLC raised its position in BJ’s Restaurants, Inc. (NASDAQ:BJRI) by 3.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 110,895 shares of the restaurant operator’s stock after acquiring an additional 3,835 shares during the period. Rothschild Investment LLC owned approximately 0.49% of BJ’s Restaurants worth $3,896,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in BJRI. Principal Financial Group Inc. boosted its holdings in BJ’s Restaurants by 1.6% during the fourth quarter. Principal Financial Group Inc. now owns 110,833 shares of the restaurant operator’s stock worth $3,894,000 after buying an additional 1,752 shares in the last quarter. JPMorgan Chase & Co. increased its stake in BJ’s Restaurants by 7.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,284 shares of the restaurant operator’s stock valued at $888,000 after purchasing an additional 1,823 shares in the last quarter. Geode Capital Management LLC grew its holdings in BJ’s Restaurants by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 493,006 shares of the restaurant operator’s stock valued at $16,056,000 after buying an additional 5,075 shares during the last quarter. Jane Street Group LLC grew its holdings in BJ’s Restaurants by 10.4% during the 3rd quarter. Jane Street Group LLC now owns 131,876 shares of the restaurant operator’s stock valued at $4,294,000 after buying an additional 12,432 shares during the last quarter. Finally, Quarry LP grew its holdings in BJ’s Restaurants by 764.9% during the 3rd quarter. Quarry LP now owns 813 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 719 shares during the last quarter. Institutional investors and hedge funds own 99.95% of the company’s stock.

Wall Street Analyst Weigh In

BJRI has been the topic of a number of analyst reports. Oppenheimer cut BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 7th. Gordon Haskett upgraded BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 price objective on the stock in a report on Wednesday, January 8th. Barclays raised their price objective on BJ’s Restaurants from $34.00 to $37.00 and gave the stock an “underweight” rating in a report on Friday. Wedbush raised their price objective on BJ’s Restaurants from $43.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Piper Sandler raised their price objective on BJ’s Restaurants from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $40.40.

BJ’s Restaurants Price Performance

Shares of BJ’s Restaurants stock opened at $38.09 on Monday. BJ’s Restaurants, Inc. has a twelve month low of $27.61 and a twelve month high of $41.72. The stock has a market capitalization of $869.10 million, a P/E ratio of 56.01, a PEG ratio of 1.73 and a beta of 2.11. The company has a current ratio of 0.35, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18. The business’s fifty day moving average price is $35.57 and its 200 day moving average price is $34.23.

BJ’s Restaurants (NASDAQ:BJRI) last issued its earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. BJ’s Restaurants had a return on equity of 8.70% and a net margin of 1.23%. The firm had revenue of $344.34 million for the quarter, compared to analysts’ expectations of $336.48 million. As a group, research analysts anticipate that BJ’s Restaurants, Inc. will post 1.47 earnings per share for the current year.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts under brand name Pizookie. The company was formerly known as Chicago Pizza & Brewery, Inc and changed its name to BJ’s Restaurants, Inc in August 2004.