Bravo Brio Restaurant Group, Inc. (BBRG) Shares Bought by Eagle Boston Investment Management Inc.

Eagle Boston Investment Management Inc. lifted its stake in shares of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) by 4.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 571,399 shares of the restaurant operator’s stock after buying an additional 23,120 shares during the quarter. Eagle Boston Investment Management Inc. owned about 3.76% of Bravo Brio Restaurant Group worth $1,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Algert Global LLC increased its position in shares of Bravo Brio Restaurant Group by 34.5% during the third quarter. Algert Global LLC now owns 130,860 shares of the restaurant operator’s stock valued at $298,000 after buying an additional 33,570 shares during the period. Weber Alan W purchased a new position in shares of Bravo Brio Restaurant Group during the third quarter valued at about $450,000. Macquarie Group Ltd. purchased a new position in shares of Bravo Brio Restaurant Group during the third quarter valued at about $176,000. Dimensional Fund Advisors LP increased its position in shares of Bravo Brio Restaurant Group by 1.3% during the second quarter. Dimensional Fund Advisors LP now owns 580,539 shares of the restaurant operator’s stock valued at $2,671,000 after buying an additional 7,484 shares during the period. Finally, Northern Trust Corp increased its position in shares of Bravo Brio Restaurant Group by 8.1% during the second quarter. Northern Trust Corp now owns 53,474 shares of the restaurant operator’s stock valued at $246,000 after buying an additional 4,015 shares during the period. Institutional investors own 33.51% of the company’s stock.

Shares of Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) opened at $3.28 on Friday. Bravo Brio Restaurant Group, Inc. has a 52 week low of $1.65 and a 52 week high of $5.30. The company has a debt-to-equity ratio of -1.68, a quick ratio of 0.12 and a current ratio of 0.16. The company has a market cap of $49.79, a PE ratio of 14.89 and a beta of 0.95.

Several equities analysts recently issued reports on BBRG shares. Zacks Investment Research cut shares of Bravo Brio Restaurant Group from a “hold” rating to a “sell” rating in a research report on Wednesday, December 13th. ValuEngine lowered shares of Bravo Brio Restaurant Group from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, Jefferies Group reissued a “hold” rating and set a $2.50 price objective on shares of Bravo Brio Restaurant Group in a research note on Friday, November 3rd.

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About Bravo Brio Restaurant Group

Bravo Brio Restaurant Group, Inc is the owner and operator of approximately two Italian restaurant brands, including BRAVO! Cucina Italiana (BRAVO!) and BRIO Tuscan Grille (BRIO). The Company operates approximately 120 restaurants in over 30 states. Additionally, approximately one BRIO restaurant is operated under a franchise agreement.

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Institutional Ownership by Quarter for Bravo Brio Restaurant Group (NASDAQ:BBRG)

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