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


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.'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.



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