Two Sigma Advisers LP lifted its stake in Habit Restaurants (NASDAQ:HABT) by 75.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 156,900 shares of the restaurant operator’s stock after purchasing an additional 67,400 shares during the period. Two Sigma Advisers LP owned 0.60% of Habit Restaurants worth $1,498,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of HABT. Bank of New York Mellon Corp raised its stake in Habit Restaurants by 12.6% during the 4th quarter. Bank of New York Mellon Corp now owns 86,087 shares of the restaurant operator’s stock worth $822,000 after buying an additional 9,645 shares during the period. Tower Research Capital LLC TRC raised its stake in Habit Restaurants by 3,981.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,061 shares of the restaurant operator’s stock worth $106,000 after buying an additional 10,790 shares during the period. Geode Capital Management LLC raised its stake in Habit Restaurants by 7.9% during the 4th quarter. Geode Capital Management LLC now owns 186,755 shares of the restaurant operator’s stock worth $1,783,000 after buying an additional 13,637 shares during the period. Schroder Investment Management Group acquired a new stake in Habit Restaurants during the 3rd quarter worth $206,000. Finally, Bogle Investment Management L P DE acquired a new stake in Habit Restaurants during the 4th quarter worth $180,000. Institutional investors and hedge funds own 73.64% of the company’s stock.
HABT has been the topic of several research analyst reports. Maxim Group initiated coverage on Habit Restaurants in a research note on Wednesday, December 13th. They set a “buy” rating and a $13.00 price objective on the stock. Guggenheim reaffirmed a “buy” rating on shares of Habit Restaurants in a research note on Thursday, March 1st. TheStreet downgraded Habit Restaurants from a “c-” rating to a “d” rating in a research note on Wednesday, February 28th. Robert W. Baird reaffirmed a “hold” rating and set a $10.00 price objective on shares of Habit Restaurants in a research note on Thursday, March 1st. Finally, Wedbush reaffirmed a “hold” rating and set a $10.00 price objective on shares of Habit Restaurants in a research note on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $14.00.
HABT opened at $9.05 on Thursday. Habit Restaurants has a 1 year low of $8.10 and a 1 year high of $19.75. The stock has a market capitalization of $235.46, a price-to-earnings ratio of 56.56, a PEG ratio of 11.48 and a beta of 0.60. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.14 and a current ratio of 1.19.
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Habit Restaurants Company Profile
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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