9,802 Shares in BJ’s Restaurants, Inc. (BJRI) Acquired by SG Americas Securities LLC

9,802 Shares in BJ’s Restaurants, Inc. (BJRI) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new position in BJ’s Restaurants, Inc. (NASDAQ:BJRI) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 9,802 shares of the company’s stock, valued at approximately $348,000.

Several other large investors have also bought and sold shares of BJRI. PineBridge Investments L.P. raised its stake in BJ’s Restaurants by 1.6% in the second quarter. PineBridge Investments L.P. now owns 2,467 shares of the company’s stock worth $108,000 after buying an additional 38 shares in the last quarter. Vanguard Group Inc. raised its stake in BJ’s Restaurants by 7.8% in the second quarter. Vanguard Group Inc. now owns 1,929,442 shares of the company’s stock valued at $84,567,000 after buying an additional 140,295 shares during the period. Principal Financial Group Inc. raised its stake in BJ’s Restaurants by 2.8% in the second quarter. Principal Financial Group Inc. now owns 144,690 shares of the company’s stock valued at $6,342,000 after buying an additional 3,934 shares during the period. Prudential Financial Inc. raised its stake in BJ’s Restaurants by 2.4% in the second quarter. Prudential Financial Inc. now owns 69,613 shares of the company’s stock valued at $3,051,000 after buying an additional 1,600 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in BJ’s Restaurants by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,000,824 shares of the company’s stock valued at $43,866,000 after buying an additional 7,184 shares during the period. Institutional investors own 87.31% of the company’s stock.

BJ’s Restaurants, Inc. (NASDAQ:BJRI) traded down 0.56% on Friday, reaching $35.35. 135,105 shares of the company traded hands. The stock’s 50-day moving average is $37.66 and its 200-day moving average is $38.31. The stock has a market capitalization of $822.17 million, a price-to-earnings ratio of 20.09 and a beta of 0.96. BJ’s Restaurants, Inc. has a 1-year low of $32.24 and a 1-year high of $47.55.

Several research firms have commented on BJRI. Barclays PLC decreased their price objective on shares of BJ’s Restaurants from $38.00 to $32.00 and set an “underweight” rating for the company in a research note on Thursday, October 20th. Wedbush lowered shares of BJ’s Restaurants from a “neutral” rating to an “underperform” rating and set a $34.00 price objective for the company. in a research note on Thursday, January 5th. Jefferies Group LLC reiterated a “hold” rating on shares of BJ’s Restaurants in a research note on Tuesday, January 3rd. Zacks Investment Research lowered shares of BJ’s Restaurants from a “hold” rating to a “sell” rating in a research note on Monday, October 24th. Finally, Canaccord Genuity reiterated a “hold” rating and issued a $36.00 price objective on shares of BJ’s Restaurants in a research note on Sunday, January 8th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. BJ’s Restaurants currently has a consensus rating of “Hold” and a consensus target price of $35.50.

In other news, VP Lon Ledwith sold 7,500 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The shares were sold at an average price of $38.80, for a total value of $291,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 7.10% of the company’s stock.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc owns and operates restaurants. The Company’s restaurants are operated as a BJ’s Restaurant & Brewery, a BJ’s Restaurant & Brewhouse, a BJ’s Pizza & Grill and a BJ’s Grill restaurant. Its menu features deep-dish pizza, craft beers and other beers, as well as a selection of appetizers, entrees, pastas, sandwiches, specialty salads and desserts, including its Pizookie dessert.

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