Chuy’s Holdings, Inc. (NASDAQ:CHUY – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 525,494 shares traded hands during trading, an increase of 144% from the previous session’s volume of 215,046 shares.The stock last traded at $37.13 and had previously closed at $37.10.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on CHUY shares. Jefferies Financial Group downgraded shares of Chuy’s from a “buy” rating to a “hold” rating and dropped their price objective for the company from $38.00 to $24.00 in a research note on Thursday, July 11th. StockNews.com assumed coverage on Chuy’s in a research note on Thursday, August 15th. They issued a “hold” rating for the company. Piper Sandler cut their price target on Chuy’s from $35.00 to $31.00 and set a “neutral” rating on the stock in a research report on Monday, May 13th. Benchmark downgraded shares of Chuy’s from a “buy” rating to a “hold” rating and set a $37.50 price target on the stock. in a report on Monday. Finally, Stephens restated an “equal weight” rating and issued a $37.50 price objective on shares of Chuy’s in a research report on Monday, August 12th. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $33.25.
Check Out Our Latest Research Report on Chuy’s
Chuy’s Stock Performance
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of CHUY. Nisa Investment Advisors LLC boosted its position in shares of Chuy’s by 85.0% in the second quarter. Nisa Investment Advisors LLC now owns 1,014 shares of the restaurant operator’s stock worth $26,000 after acquiring an additional 466 shares during the last quarter. Quarry LP purchased a new position in Chuy’s in the second quarter valued at about $36,000. AJOVista LLC acquired a new stake in shares of Chuy’s in the 4th quarter valued at about $53,000. Lazard Asset Management LLC boosted its holdings in Chuy’s by 607.2% in the first quarter. Lazard Asset Management LLC now owns 2,454 shares of the restaurant operator’s stock worth $82,000 after purchasing an additional 2,107 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of Chuy’s by 70.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,658 shares of the restaurant operator’s stock valued at $90,000 after purchasing an additional 1,096 shares during the last quarter. 99.92% of the stock is currently owned by institutional investors and hedge funds.
About Chuy’s
Chuy's Holdings, Inc, through its subsidiaries, owns and operates full-service restaurants under the Chuy's name in the United States. The company was founded in 1982 and is headquartered in Austin, Texas.
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