Manatuck Hill Partners buys $10,689,454 stake in Chuy's Holdings Inc (CHUY)

Chuy's Holdings Inc (CHUY) : Manatuck Hill Partners scooped up 35,400 additional shares in Chuy's Holdings Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 319,852 shares of Chuy's Holdings Inc which is valued at $10,689,454.Chuy's Holdings Inc makes up approximately 4.46% of Manatuck Hill Partners’s portfolio.

Other Hedge Funds, Including , A.r.t. Advisors reduced its stake in CHUY by selling 7,042 shares or 23.95% in the most recent quarter. The Hedge Fund company now holds 22,358 shares of CHUY which is valued at $747,204. Chuy's Holdings Inc makes up approx 0.04% of A.r.t. Advisors’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in CHUY in the latest quarter, The investment management firm added 22,774 additional shares and now holds a total of 430,652 shares of Chuy's Holdings Inc which is valued at $14,392,390.California State Teachers Retirement System reduced its stake in CHUY by selling 600 shares or 1.72% in the most recent quarter. The Hedge Fund company now holds 34,318 shares of CHUY which is valued at $1,152,742. Acadian Asset Management sold out all of its stake in CHUY during the most recent quarter. The investment firm sold 150,513 shares of CHUY which is valued $5,571,991.

Chuy's Holdings Inc closed down -0.27 points or -0.89% at $30.01 with 1,94,290 shares getting traded on Thursday. Post opening the session at $30.41, the shares hit an intraday low of $29.97 and an intraday high of $30.42 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Chuy's Holdings Inc reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.31. The company had revenue of $87.90 million for the quarter, compared to analysts expectations of $87.23 million. The company’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.

Many Wall Street Analysts have commented on Chuy's Holdings Inc. Shares were Reiterated by Wedbush on Aug 3, 2016 to “Outperform” and Lowered the Price Target to $ 34 from a previous price target of $38 .Telsey Advisory Group Downgraded Chuy's Holdings Inc on Jul 26, 2016 to ” Market Perform”, Price Target of the shares are set at $38.Chuy's Holdings Inc was Downgraded by Stifel to ” Hold” on Jul 26, 2016.

Chuy’s Holdings Inc. is a full service restaurant concept company offering a menu of Mexican and Tex Mex inspired food. The Company operates its restaurants under the name Chuy’s. As of December 28 2014 the Company operated 59 Chuy’s restaurants across 14 states. The Company offers lunch and dinner which includes enchiladas fajitas tacos burritos combination platters and daily specials variety of appetizers and soups and salads. Each of its restaurants also offers a variety of homemade sauces including Hatch green chile and creamy jalapeno sauces. It also offers a bar in all of its restaurants providing its customers a variety of beverage offerings featuring a selection of specialty cocktails including its on-the-rocks margaritas made with fresh hand-squeezed lime juice and the Texas Martini a made-to-order hand-shaken cocktail served with jalapeno-stuffed olives.

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