JPMorgan Chase & Co. Cuts Position in Ruby Tuesday, Inc. (RT)

JPMorgan Chase & Co. reduced its position in Ruby Tuesday, Inc. (NYSE:RT) by 32.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 247,072 shares of the restaurant operator’s stock after selling 117,610 shares during the quarter. JPMorgan Chase & Co.’s holdings in Ruby Tuesday were worth $511,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its position in Ruby Tuesday by 53.9% in the second quarter. Goldman Sachs Group Inc. now owns 204,196 shares of the restaurant operator’s stock valued at $410,000 after purchasing an additional 71,479 shares during the period. Dimensional Fund Advisors LP raised its position in Ruby Tuesday by 2.7% in the second quarter. Dimensional Fund Advisors LP now owns 4,971,333 shares of the restaurant operator’s stock valued at $9,993,000 after purchasing an additional 131,184 shares during the period. Virtu KCG Holdings LLC purchased a new position in Ruby Tuesday in the second quarter valued at about $126,000. Northern Trust Corp raised its position in Ruby Tuesday by 3.9% in the second quarter. Northern Trust Corp now owns 698,695 shares of the restaurant operator’s stock valued at $1,404,000 after purchasing an additional 25,950 shares during the period. Finally, Parametric Portfolio Associates LLC raised its position in Ruby Tuesday by 9.6% in the second quarter. Parametric Portfolio Associates LLC now owns 336,698 shares of the restaurant operator’s stock valued at $677,000 after purchasing an additional 29,385 shares during the period. 77.21% of the stock is currently owned by institutional investors.

Ruby Tuesday, Inc. (NYSE RT) opened at $2.40 on Wednesday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.08 and a quick ratio of 0.89. Ruby Tuesday, Inc. has a 52-week low of $1.69 and a 52-week high of $3.58. The company has a market capitalization of $146.86, a PE ratio of -1.89 and a beta of 0.54.

Ruby Tuesday (NYSE:RT) last released its quarterly earnings data on Monday, October 16th. The restaurant operator reported ($0.01) EPS for the quarter. Ruby Tuesday had a negative net margin of 4.53% and a negative return on equity of 13.05%. The company had revenue of $217.31 million during the quarter.

In other Ruby Tuesday news, Director Bernard Lanigan, Jr. sold 309,592 shares of the firm’s stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of $2.38, for a total value of $736,828.96. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 4.80% of the company’s stock.

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Ruby Tuesday Company 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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Institutional Ownership by Quarter for Ruby Tuesday (NYSE:RT)

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