Stephens Reiterates Hold Rating for The Cheesecake Factory Incorporated (CAKE)

Share

Insiders sold a total of 70,054 shares of company stock valued at $4,370,640 over the last ninety days. Riverhead Capital Management LLC now owns 3,493 shares of the restaurant operator's stock valued at $176,000 after purchasing an additional 1,793 shares in the last quarter.

The P/E ratio is 14.78 and the market value is 1.94B. The stock rose 0.50% or $0.21 reaching $42.63 per share.

Over the past three months, Brinker International, Inc. insiders have been net sellers, acquiring a net of 94,979 shares. Telekomunikasi Indones (Prsr) Tbk PT-ADR (NYSE:TLK) has risen 27.32% since October 11, 2016 and is uptrending. It has outperformed by 22.12% the S&P500. Moreover, Acadian Asset Management Llc has 0% invested in the company for 3,453 shares.

McDonald's Corporation (NYSE:MCD)[Trend Analysis] persists its position slightly strong in context of buying side, while shares price build up 1.60% during latest trading session. Five9 Inc (NASDAQ:FIVN) has risen 123.16% since October 11, 2016 and is uptrending. It has outperformed by 250.78% the S&P500. Businesswire.com's article titled: "Five9 Named "Hot Vendor" for Digital Communications by Aragon Research" and published on October 05, 2017 is yet another important article. The restaurant operator reported $0.72 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.73 by $0.01. After $0.78 actual EPS reported by Cheesecake Factory Inc for the previous quarter, Wall Street now forecasts -21.79% negative EPS growth. A 5 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:SCI) or, if they already own its stock, sell it. Therefore 44% are positive. The firm has "Neutral" rating by Wedbush given on Tuesday, September 26. The company was maintained on Thursday, August 3 by Barclays Capital. Goldman Sachs has "Buy" rating and $20 target. Tanaka Capital Management Inc owns 241,078 shares or 1.52% of their U.S. portfolio. Instinet initiated coverage with an initial rating of "Outperform". Illinois-based Guggenheim Capital has invested 0% in CONSOL Energy Inc. Needham maintained it with "Buy" rating and $18 target in Wednesday, November 2 report. Finally, Stephens dropped their price target on shares of The Cheesecake Factory from $48.00 to $45.00 and set an "equal weight" rating on the stock in a research note on Wednesday. Stifel Financial Corp owned about 0.13% of The Cheesecake Factory worth $3,027,000 at the end of the most recent reporting period.

Short interest increased 1,018,124 over that timeframe. Its down 0.10, from 1.05 in 2017Q1.

These funds have shifted positions in (CAKE). Epoch Partners stated it has 0.04% of its portfolio in Cheesecake Factory Inc (NASDAQ:CAKE). The number of shares now owned by investors are 46.48 mln. The Connecticut-based Cubist Systematic Strategies has invested 0.07% in Cheesecake Factory Inc (NASDAQ:CAKE).

Next Financial Group, Inc cut its ownership by selling 230 shares a decrease of 20.2% from 03/31/2017 to 06/30/2017. Prelude Management Lc has 0% invested in Cheesecake Factory Inc (NASDAQ:CAKE). Morgan Stanley, a New York-based fund reported 10,000 shares.

Want to see what other hedge funds are holding CAKE? Jefferies upgraded it to "Hold" rating and $5200 target in Tuesday, June 13 report. Long Road Investment Counsel Ltd Liability Co reported 1.74% of its portfolio in Cheesecake Factory Inc (NASDAQ:CAKE). Netols Asset Management, Inc. claims 79,554 shares with a value of $5,041,000. Liberty Mutual Gp Asset Mngmt accumulated 17,780 shares. Huntington Comml Bank holds 0% or 641 shares in its portfolio. Finally, LS Investment Advisors LLC increased its holdings in shares of The Cheesecake Factory by 17.0% in the 2nd quarter.

Since May 23, 2017, it had 1 buy, and 2 selling transactions for $711,223 activity. Shares for $23,288 were bought by PITTAWAY DAVID BRUCE on Tuesday, May 23. Piper Jaffray maintained Cheesecake Factory Inc (NASDAQ:CAKE) rating on Monday, July 24. Therefore 25% are positive. BTIG Research reaffirmed a "buy" rating and issued a $50.00 price target on shares of The Cheesecake Factory in a research note on Wednesday, September 20th. The firm has "Hold" rating given on Tuesday, September 5 by Jefferies. The stock has an average rating of "Hold" and an average target price of $52.24. The consensus rating is 2.7, suggesting the market has given up on the stock. The firm has "Sell" rating by Deutsche Bank given on Tuesday, August 4. Following the completion of the sale, the insider now directly owns 15,538 shares of the company's stock, valued at approximately $957,762.32. The stock of Cheesecake Factory Inc (NASDAQ:CAKE) earned "Sell" rating by Jefferies on Friday, June 2.

Share

Advertisement

Related Posts

N'Golo Kante to miss six Chelsea games?
Morata has scored six goals and made two assists in seven Premier League games for the Blues so far this season since his move. The report now claims that this could rule him of Chelsea's next six games in all competitions.

Cognizant Technology Solutions Corporation (NASDAQ: CTSH)
First Capital Advisors Group LLC. grew its stake in Cognizant Technology Solutions Corporation by 0.9% during the 2nd quarter. The Company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other.

Spencer on Xbox One X: "It's Not For Everybody"
Today, it appears that hope has died. "I have a real struggle making comments about their motivation or timelines". These new Xbox One S bundles are great for those who want to get more when they buy the console.

CASI Pharmaceuticals, Inc. (NASDAQ:CASI) Sees Volatile Trading - Up by 55.41%
After $-0.04 actual EPS reported by CASI Pharmaceuticals Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth. You can get a sense of how sustainable that is by a levered free cash flow of $-7.05 Million over the past twelve months.

Lloyds to acquire Zurich's United Kingdom workplace business
According to data from Platforum, combined, Scottish Widows and Zurich would be the third largest workplace savings provider in the UK.

Swiss prosecutors have opened an investigate into PSG chairman Nasser Al-Khelaifi
While Valcke was being questioned, authorities in France, Greece, Italy and Spain searched "properties" as part of the probe, the Swiss prosecutors said.

IAF commandos killed in J&K
Summary: This is the second known instance of the Garud force suffering fatalities in anti-terror operations. The Army and Navy, of course, have had their Para-Special Forces and Marcos (marine commandos) for long.

Kubica completes "successful" test with Williams
All a spokesman for the British team would say about the Polish driver's run in a 2014 auto was that it had been deemed a success. While Kubica and Di Resta are being evaluated, Massa is also hopeful of being retained for another season alongside Stroll.

Military Plane Crash in Spain - Casualties Unclear
The aircraft went down near a military base at Albacete, 180 miles southeast of the capital, the country's defence ministry said. It slammed into the water just a few hundred meters offshore, sending up a huge plume of smoke and spray upon impact.

Trump Ignorantly Thinks the Stock Market Reduces Government Debt
Would I have linked it that way? The question of whether the USA has too much, too little or just enough debt is for another day. He told Sean Hannity , "Now, if you look at the stock market, that's one element, but then we have many other elements".

© 2015 ExpressNewsline. All Rights reserved.