Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Ruth’s Hospitality Group (NASDAQ:RUTH) Improved by Analysts at Raymond James to “Mkt Perform” from “Mkt Perform” Rating

Raymond James Ruth's Hospitality Group NASDAQ:RUTH

Ruth’s Hospitality Group (NASDAQ:RUTH) Upgrade of Rating

Raymond James raised Ruth’s Hospitality Group (NASDAQ:RUTH)’s stock to “Outperform” rating from “Mkt Perform”. This rating change was sent to investors in analysts report today.

Despite the company’s rating upgrade NASDAQ:RUTH is currently trading -0.94% lower at $21.10 as of 10:03 AM New York time. Ruth’s Hospitality Group’s stock is 0% in the last 200 days. It has underperformed the S&P 500 Index, which has risen 6.00% in the same time.

Institutional Ownership

Phocas Financial Corp. had the largest stake with ownership of 528,597 shares as of q2 2015 for 0.52% of the fund portfolio. Lombardia Capital Partners Llc is another notably bullish investment manager who is owning 481,770 shares of Ruth’s Hospitality Group or 0.46% of their fund portfolio. Further, U S Global Investors Inc have 0.42% of their fund portfolio invested in the company for 62,712 shares. The Mississippi-based fund Hancock Holding Co revealed it had purchased so far a stake worth about 0.37% of the investment manager’s stock portfolio in Ruth’s Hospitality Group. The New York-based fund Price Michael F is also positive about the stock, possessing 655,214 shares or 0.26% of their fund portfolio.

Ruth’s Hospitality Group (NASDAQ:RUTH) Profile

Ruth’s Hospitality Group, Inc. develops and operates fine dining restaurants under the name, Ruth’s Chris Steak House. The Company operates through two segments. As of December 25, 2016, the Company-owned steakhouse restaurant segment included 68 Ruth’s Chris Steak House restaurants and one Ruth’s Chris Steak House restaurant, and the franchise operations segment included 81 franchisee-owned Ruth’s Chris Steak House restaurants.

Ruth’s Hospitality Group (NASDAQ:RUTH) traded down -0.94% on 29 January, hitting $21.1. A total of 139,855 shares of the company’s stock traded hands. This is down from average of 217,314 shares. Ruth’s Hospitality Group has a 52 week low of $13.93 and a 52 week high of $22.65. The company has a market cap of $666.80M and a P/E ratio of 20.75.

Get the latest Ruth’s Hospitality Group (NASDAQ:RUTH) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Ruth’s Hospitality Group (NASDAQ:RUTH) Improved by Analysts at Raymond James to “Mkt Perform” from “Mkt Perform” Rating appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

Share the post

Ruth’s Hospitality Group (NASDAQ:RUTH) Improved by Analysts at Raymond James to “Mkt Perform” from “Mkt Perform” Rating

×

Subscribe to Octafinance – Financial News, Reports And Intell

Get updates delivered right to your inbox!

Thank you for your subscription

×