Tower Research Capital LLC TRC Has $148,000 Holdings in Habit Restaurants Inc (HABT)

Tower Research Capital LLC TRC decreased its position in Habit Restaurants Inc (NASDAQ:HABT) by 41.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,853 shares of the restaurant operator’s stock after selling 10,582 shares during the period. Tower Research Capital LLC TRC’s holdings in Habit Restaurants were worth $148,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Barclays PLC increased its stake in Habit Restaurants by 173.1% in the 1st quarter. Barclays PLC now owns 23,131 shares of the restaurant operator’s stock valued at $203,000 after buying an additional 14,662 shares during the last quarter. Jane Street Group LLC increased its stake in Habit Restaurants by 151.1% in the 1st quarter. Jane Street Group LLC now owns 28,369 shares of the restaurant operator’s stock valued at $250,000 after buying an additional 17,070 shares during the last quarter. Wrapmanager Inc. increased its stake in Habit Restaurants by 13.8% in the 2nd quarter. Wrapmanager Inc. now owns 30,572 shares of the restaurant operator’s stock valued at $306,000 after buying an additional 3,708 shares during the last quarter. GSA Capital Partners LLP increased its stake in Habit Restaurants by 196.1% in the 2nd quarter. GSA Capital Partners LLP now owns 45,300 shares of the restaurant operator’s stock valued at $453,000 after buying an additional 30,000 shares during the last quarter. Finally, A.R.T. Advisors LLC purchased a new stake in shares of Habit Restaurants during the 1st quarter worth approximately $552,000. Hedge funds and other institutional investors own 59.56% of the company’s stock.

HABT has been the subject of several research analyst reports. Zacks Investment Research lowered shares of Habit Restaurants from a “buy” rating to a “hold” rating in a research note on Thursday, August 23rd. Guggenheim raised their price target on shares of Habit Restaurants from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Wednesday, October 3rd. Maxim Group lowered shares of Habit Restaurants from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd. They noted that the move was a valuation call. BidaskClub lowered shares of Habit Restaurants from a “buy” rating to a “hold” rating in a research note on Wednesday, September 19th. Finally, Wedbush restated a “buy” rating and set a $17.00 price target on shares of Habit Restaurants in a research note on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Habit Restaurants has an average rating of “Hold” and an average target price of $15.25.

Shares of HABT stock opened at $15.40 on Monday. The company has a quick ratio of 0.93, a current ratio of 0.98 and a debt-to-equity ratio of 0.12. Habit Restaurants Inc has a 12-month low of $8.10 and a 12-month high of $18.30. The company has a market cap of $415.47 million, a PE ratio of 96.25, a P/E/G ratio of 14.95 and a beta of 0.92.

Habit Restaurants (NASDAQ:HABT) last issued its quarterly earnings results on Wednesday, August 1st. The restaurant operator reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.05. Habit Restaurants had a negative net margin of 0.84% and a positive return on equity of 1.68%. The company had revenue of $102.85 million during the quarter, compared to analyst estimates of $99.68 million. During the same quarter last year, the business posted $0.06 EPS. Habit Restaurants’s quarterly revenue was up 23.4% compared to the same quarter last year. Equities analysts forecast that Habit Restaurants Inc will post 0.05 earnings per share for the current fiscal year.

About Habit Restaurants

The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.

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Institutional Ownership by Quarter for Habit Restaurants (NASDAQ:HABT)

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