Texas Roadhouse Inc (NASDAQ:TXRH) Position Lessened by Intrust Bank NA

Intrust Bank NA trimmed its position in shares of Texas Roadhouse Inc (NASDAQ:TXRH) by 6.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,954 shares of the restaurant operator’s stock after selling 258 shares during the period. Intrust Bank NA’s holdings in Texas Roadhouse were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in TXRH. Quest Capital Management Inc. ADV acquired a new stake in shares of Texas Roadhouse in the third quarter worth $37,000. CWM LLC lifted its holdings in shares of Texas Roadhouse by 101.8% during the 3rd quarter. CWM LLC now owns 1,122 shares of the restaurant operator’s stock worth $59,000 after acquiring an additional 566 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Texas Roadhouse by 156.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,618 shares of the restaurant operator’s stock valued at $137,000 after acquiring an additional 1,597 shares in the last quarter. Aigen Investment Management LP acquired a new stake in shares of Texas Roadhouse during the 4th quarter valued at about $184,000. Finally, Opus Capital Group LLC acquired a new stake in shares of Texas Roadhouse during the 3rd quarter valued at about $211,000. Institutional investors and hedge funds own 89.55% of the company’s stock.

Several analysts have recently weighed in on the stock. Goldman Sachs Group assumed coverage on shares of Texas Roadhouse in a research report on Thursday, December 12th. They set a “sell” rating and a $52.00 target price on the stock. BidaskClub upgraded shares of Texas Roadhouse from a “hold” rating to a “buy” rating in a research report on Wednesday, January 29th. Robert W. Baird lowered shares of Texas Roadhouse from an “outperform” rating to a “neutral” rating and set a $62.00 target price on the stock. in a research report on Friday, January 31st. Deutsche Bank reiterated a “hold” rating and set a $58.00 target price on shares of Texas Roadhouse in a research report on Wednesday, October 30th. Finally, Raymond James upgraded shares of Texas Roadhouse from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $63.00 to $68.00 in a research report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $61.78.

NASDAQ:TXRH traded up $1.30 on Thursday, reaching $66.30. The stock had a trading volume of 82,290 shares, compared to its average volume of 806,238. The company has a market capitalization of $4.47 billion, a P/E ratio of 29.18, a price-to-earnings-growth ratio of 2.23 and a beta of 0.58. Texas Roadhouse Inc has a 1-year low of $47.52 and a 1-year high of $66.69. The company has a quick ratio of 0.44, a current ratio of 0.50 and a debt-to-equity ratio of 0.59. The stock has a fifty day moving average price of $60.41 and a 200-day moving average price of $55.54.

Texas Roadhouse Company Profile

Texas Roadhouse, Inc, together with its subsidiaries, operates casual dining restaurants in the United States and internationally. The company operates and franchises Texas Roadhouse and Bubba's 33 restaurants. As of April 29, 2019, it owned and operated approximately 590 restaurants. Texas Roadhouse, Inc was founded in 1993 and is based in Louisville, Kentucky.

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Institutional Ownership by Quarter for Texas Roadhouse (NASDAQ:TXRH)

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