BidaskClub downgraded shares of Habit Restaurants (NASDAQ:HABT) from a buy rating to a hold rating in a report released on Wednesday, September 19th.
Other analysts have also issued research reports about the stock. Guggenheim reissued a buy rating and issued a $15.00 price target on shares of Habit Restaurants in a report on Thursday, August 2nd. Wedbush reaffirmed a buy rating and set a $17.00 target price on shares of Habit Restaurants in a report on Thursday, August 2nd. Maxim Group lifted their target price on shares of Habit Restaurants from $12.00 to $15.00 and gave the stock a buy rating in a report on Thursday, August 2nd. ValuEngine raised shares of Habit Restaurants from a hold rating to a buy rating in a report on Friday, August 3rd. Finally, Zacks Investment Research raised shares of Habit Restaurants from a hold rating to a buy rating and set a $18.00 target price for the company in a report on Monday, August 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of $15.25.
Shares of NASDAQ HABT traded down $0.03 during mid-day trading on Wednesday, hitting $15.27. 169,369 shares of the stock were exchanged, compared to its average volume of 352,734. The firm has a market cap of $415.47 million, a price-to-earnings ratio of 95.44, a PEG ratio of 14.95 and a beta of 0.92. The company has a current ratio of 0.98, a quick ratio of 0.93 and a debt-to-equity ratio of 0.12. Habit Restaurants has a twelve month low of $8.10 and a twelve month high of $18.30.
Several hedge funds and other institutional investors have recently made changes to their positions in HABT. Barclays PLC boosted its position in shares of Habit Restaurants by 173.1% during the first quarter. Barclays PLC now owns 23,131 shares of the restaurant operator’s stock worth $203,000 after purchasing an additional 14,662 shares in the last quarter. Jane Street Group LLC lifted its position in Habit Restaurants by 151.1% in the 1st quarter. Jane Street Group LLC now owns 28,369 shares of the restaurant operator’s stock valued at $250,000 after acquiring an additional 17,070 shares in the last quarter. Wrapmanager Inc. lifted its position in Habit Restaurants by 13.8% in the 2nd quarter. Wrapmanager Inc. now owns 30,572 shares of the restaurant operator’s stock valued at $306,000 after acquiring an additional 3,708 shares in the last quarter. Engineers Gate Manager LP bought a new stake in Habit Restaurants in the 1st quarter valued at $366,000. Finally, GSA Capital Partners LLP lifted its position in Habit Restaurants by 196.1% in the 2nd quarter. GSA Capital Partners LLP now owns 45,300 shares of the restaurant operator’s stock valued at $453,000 after acquiring an additional 30,000 shares in the last quarter. 59.56% of the stock is currently owned by institutional investors.
Habit Restaurants Company 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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