Lucia Wealth Services LLC Raises Stake in Habit Restaurants (HABT)

Lucia Wealth Services LLC lifted its position in shares of Habit Restaurants (NASDAQ:HABT) by 30.3% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 488,778 shares of the restaurant operator’s stock after purchasing an additional 113,744 shares during the quarter. Habit Restaurants comprises approximately 1.4% of Lucia Wealth Services LLC’s holdings, making the stock its 26th largest holding. Lucia Wealth Services LLC’s holdings in Habit Restaurants were worth $4,301,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Passport Capital LLC grew its holdings in shares of Habit Restaurants by 263.9% during the 4th quarter. Passport Capital LLC now owns 1,819,480 shares of the restaurant operator’s stock worth $17,376,000 after purchasing an additional 1,319,480 shares during the period. Brown Advisory Inc. grew its holdings in shares of Habit Restaurants by 9.3% during the 4th quarter. Brown Advisory Inc. now owns 1,744,128 shares of the restaurant operator’s stock worth $16,658,000 after purchasing an additional 147,833 shares during the period. BlackRock Inc. grew its holdings in shares of Habit Restaurants by 2.5% during the 4th quarter. BlackRock Inc. now owns 1,410,623 shares of the restaurant operator’s stock worth $13,473,000 after purchasing an additional 33,991 shares during the period. Penn Capital Management Co. Inc. grew its holdings in shares of Habit Restaurants by 29.6% during the 4th quarter. Penn Capital Management Co. Inc. now owns 423,911 shares of the restaurant operator’s stock worth $4,048,000 after purchasing an additional 96,896 shares during the period. Finally, Citadel Advisors LLC grew its holdings in shares of Habit Restaurants by 183.5% during the 4th quarter. Citadel Advisors LLC now owns 292,336 shares of the restaurant operator’s stock worth $2,792,000 after purchasing an additional 189,209 shares during the period. Institutional investors and hedge funds own 64.32% of the company’s stock.

Shares of Habit Restaurants opened at $8.75 on Thursday, according to MarketBeat.com. Habit Restaurants has a twelve month low of $8.10 and a twelve month high of $19.65. The company has a quick ratio of 0.96, a current ratio of 1.01 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $226.63 million, a PE ratio of 54.69, a PEG ratio of 15.86 and a beta of 0.58.

Habit Restaurants (NASDAQ:HABT) last issued its quarterly earnings results on Wednesday, May 2nd. The restaurant operator reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.02). Habit Restaurants had a negative net margin of 1.16% and a positive return on equity of 1.35%. The firm had revenue of $91.90 million during the quarter, compared to the consensus estimate of $93.75 million. During the same quarter last year, the firm posted $0.09 earnings per share. Habit Restaurants’s revenue was up 16.9% compared to the same quarter last year. equities analysts forecast that Habit Restaurants will post 0.02 EPS for the current year.

A number of analysts have recently issued reports on the company. ValuEngine cut Habit Restaurants from a “hold” rating to a “sell” rating in a report on Thursday, May 3rd. Maxim Group reiterated a “buy” rating and set a $12.00 target price on shares of Habit Restaurants in a report on Thursday, May 3rd. Stephens lowered Habit Restaurants from an “overweight” rating to an “equal weight” rating and set a $18.00 price target on the stock. in a research report on Thursday, May 3rd. Zacks Investment Research lowered Habit Restaurants from a “hold” rating to a “sell” rating in a research report on Wednesday, May 2nd. Finally, BidaskClub raised Habit Restaurants from a “hold” rating to a “buy” rating in a research report on Saturday, April 28th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $14.00.

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.

Want to see what other hedge funds are holding HABT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Habit Restaurants (NASDAQ:HABT).

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

Receive News & Ratings for Habit Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Habit Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply