Numeric Investors LLC acquired a new position in RCI Hospitality Holdings, Inc. (NASDAQ:RICK) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 78,325 shares of the restaurant operator’s stock, valued at approximately $1,867,000. Numeric Investors LLC owned about 0.81% of RCI Hospitality Holdings at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of RICK. Russell Investments Group Ltd. lifted its stake in shares of RCI Hospitality Holdings by 46.4% in the first quarter. Russell Investments Group Ltd. now owns 30,788 shares of the restaurant operator’s stock worth $533,000 after buying an additional 9,753 shares during the last quarter. Nordea Investment Management AB acquired a new position in RCI Hospitality Holdings during the 1st quarter valued at $147,000. JPMorgan Chase & Co. raised its stake in RCI Hospitality Holdings by 5.0% during the 1st quarter. JPMorgan Chase & Co. now owns 40,862 shares of the restaurant operator’s stock valued at $708,000 after purchasing an additional 1,957 shares during the last quarter. Spark Investment Management LLC raised its stake in RCI Hospitality Holdings by 1.2% during the 1st quarter. Spark Investment Management LLC now owns 24,800 shares of the restaurant operator’s stock valued at $429,000 after purchasing an additional 300 shares during the last quarter. Finally, AXA raised its stake in RCI Hospitality Holdings by 39.7% during the 1st quarter. AXA now owns 34,844 shares of the restaurant operator’s stock valued at $603,000 after purchasing an additional 9,900 shares during the last quarter. Institutional investors and hedge funds own 48.47% of the company’s stock.
Several equities analysts recently commented on the stock. Zacks Investment Research cut shares of RCI Hospitality Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, August 15th. Westpark Capital set a $30.00 target price on shares of RCI Hospitality Holdings and gave the company a “buy” rating in a research note on Thursday, August 10th.
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RCI Hospitality Holdings, Inc. (NASDAQ RICK) opened at 24.85 on Friday. The firm has a market capitalization of $241.49 million, a PE ratio of 22.47 and a beta of 0.27. The company’s 50-day moving average is $24.30 and its 200 day moving average is $21.56. RCI Hospitality Holdings, Inc. has a 1-year low of $10.92 and a 1-year high of $26.85.
RCI Hospitality Holdings (NASDAQ:RICK) last released its quarterly earnings data on Wednesday, August 9th. The restaurant operator reported $0.47 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.04. RCI Hospitality Holdings had a net margin of 7.84% and a return on equity of 10.75%. The firm had revenue of $37.43 million during the quarter, compared to analysts’ expectations of $37.64 million. During the same period in the previous year, the business posted $0.34 earnings per share. On average, equities analysts expect that RCI Hospitality Holdings, Inc. will post $1.44 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 11th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend was Friday, September 8th. RCI Hospitality Holdings’s dividend payout ratio is currently 10.62%.
RCI Hospitality Holdings Company Profile
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