Credit Suisse AG trimmed its holdings in shares of Ruby Tuesday, Inc. (NYSE:RT) by 32.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 82,001 shares of the restaurant operator’s stock after selling 38,984 shares during the period. Credit Suisse AG owned 0.14% of Ruby Tuesday worth $231,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also made changes to their positions in the stock. Bank of New York Mellon Corp raised its stake in Ruby Tuesday by 2.5% during the first quarter. Bank of New York Mellon Corp now owns 653,134 shares of the restaurant operator’s stock worth $1,836,000 after acquiring an additional 15,753 shares during the period. Comerica Bank raised its stake in Ruby Tuesday by 4.3% during the first quarter. Comerica Bank now owns 57,012 shares of the restaurant operator’s stock worth $151,000 after acquiring an additional 2,332 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Ruby Tuesday by 33.8% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 53,428 shares of the restaurant operator’s stock worth $150,000 after purchasing an additional 13,500 shares during the last quarter. Ameriprise Financial Inc. grew its position in Ruby Tuesday by 5.3% in the 1st quarter. Ameriprise Financial Inc. now owns 317,220 shares of the restaurant operator’s stock worth $891,000 after purchasing an additional 15,825 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its position in Ruby Tuesday by 15.2% in the 1st quarter. Parametric Portfolio Associates LLC now owns 307,313 shares of the restaurant operator’s stock worth $864,000 after purchasing an additional 40,636 shares during the last quarter. 76.09% of the stock is owned by hedge funds and other institutional investors.
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Ruby Tuesday, Inc. (RT) traded up 1.35% on Friday, reaching $2.25. 139,460 shares of the company’s stock traded hands. The firm’s 50-day moving average is $2.07 and its 200 day moving average is $2.23. Ruby Tuesday, Inc. has a 52-week low of $1.69 and a 52-week high of $3.68. The stock’s market capitalization is $135.13 million.
Ruby Tuesday (NYSE:RT) last announced its quarterly earnings data on Monday, August 21st. The restaurant operator reported $0.06 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.07). Ruby Tuesday had a negative net margin of 11.15% and a negative return on equity of 5.30%. The firm had revenue of $254.86 million during the quarter. Analysts forecast that Ruby Tuesday, Inc. will post $0.08 EPS for the current year.
Ruby Tuesday Profile
Ruby Tuesday, Inc owns and operates Ruby Tuesday casual dining and Lime Fresh Mexican Grill (Lime Fresh) casual restaurants. The Company also franchises the Ruby Tuesday concept in selected domestic and international markets, and the Lime Fresh concept in selected domestic markets. Its segments include Ruby Tuesday concept and Lime Fresh concept.
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