22,476 Shares in RCI Hospitality Holdings, Inc. $RICK Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new stake in RCI Hospitality Holdings, Inc. (NASDAQ:RICK) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 22,476 shares of the restaurant operator’s stock, valued at approximately $686,000. GSA Capital Partners LLP owned about 0.26% of RCI Hospitality as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of RCI Hospitality by 4.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,979 shares of the restaurant operator’s stock worth $214,000 after buying an additional 234 shares in the last quarter. BNP Paribas Financial Markets boosted its position in RCI Hospitality by 62.0% during the second quarter. BNP Paribas Financial Markets now owns 847 shares of the restaurant operator’s stock worth $32,000 after acquiring an additional 324 shares during the last quarter. Invesco Ltd. boosted its position in RCI Hospitality by 4.5% during the second quarter. Invesco Ltd. now owns 12,523 shares of the restaurant operator’s stock worth $477,000 after acquiring an additional 536 shares during the last quarter. CWM LLC grew its stake in RCI Hospitality by 1,256.9% during the 3rd quarter. CWM LLC now owns 1,954 shares of the restaurant operator’s stock valued at $60,000 after acquiring an additional 1,810 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in RCI Hospitality by 12.8% in the 1st quarter. AQR Capital Management LLC now owns 25,938 shares of the restaurant operator’s stock valued at $1,114,000 after acquiring an additional 2,934 shares during the last quarter. Hedge funds and other institutional investors own 53.82% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d)” rating on shares of RCI Hospitality in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $98.00.

RCI Hospitality Trading Up 0.6%

Shares of RICK opened at $23.24 on Friday. RCI Hospitality Holdings, Inc. has a 12-month low of $21.88 and a 12-month high of $54.53. The firm has a market capitalization of $202.65 million, a P/E ratio of 12.49 and a beta of 0.90. The firm has a 50-day moving average price of $24.12 and a 200 day moving average price of $27.64. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 0.83.

RCI Hospitality Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $0.28 annualized dividend and a yield of 1.2%. RCI Hospitality’s dividend payout ratio (DPR) is 15.05%.

RCI Hospitality Company Profile

RCI Hospitality Holdings, Inc operates as a diversified hospitality and entertainment company focused on the ownership and operation of adult nightclubs and themed sports bars throughout the United States and select international markets. The company’s U.S. Nightclub segment includes venues branded as Rick’s Cabaret, Club Onyx and various other upscale adult entertainment clubs, offering private dance experiences, VIP services and live performances. Its Restaurant & Bar segment operates Bombshells, a brunch-themed sports bar chain featuring chef-driven menus, craft cocktails and game-day viewing in a military-inspired setting.

In addition to its brick-and-mortar venues, RCI Hospitality deploys proprietary digital platforms for talent recruitment, training and scheduling, helping to streamline operations and drive customer engagement.