Economy

The Cheesecake Factory Incorporated (CAKE) Earns "Hold" Rating from Jefferies Group LLC

In the market the company is trading down since yesterday's close of $41.31. It has outperformed by 4.93% the S&P500.The move comes after 8 months negative chart setup for the $1.84B company. It was reported on Sep, 6 by Barchart.com. We have $36.25 PT which if reached, will make NASDAQ:CAKE worth $165.60 million less.

Ruths Hospitality Group Incorporated (NASDAQ:RUTH) had an increase of 4.44% in short interest. The company have shares float of 336.28 million. The stock has an average rating of "Hold" and an average target price of $54.44. During the past couple of weeks, CAKE average daily volatility was 21.92%, which is 7.8 percentage points lower than the average volatility over the past 100 days.

The Cheesecake Factory Incorporated is engaged in the restaurant and bakery business. The stock has a market capitalization of $1.81 billion, a P/E ratio of 13.79 and a beta of 0.34. It seems that The Cheesecake Factory Incorporated (NASDAQ:CAKE) might see muted action given an ABR of 2.2 or Hold rating. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. The value of the investment in (CAKE) increased from $2,118,000 to $2,717,000,000 a change of 128,181.4% quarter over quarter. Therefore 31% are positive. BidaskClub cut shares of The Cheesecake Factory from a "sell" rating to a "strong sell" rating in a report on Thursday, July 27th. As per Tuesday, October 27, the company rating was maintained by Telsey Advisory Group. As per Tuesday, October 27, the company rating was maintained by Stifel Nicolaus.

CAKE is now undervalued by -19.44% relative to the average 1-year price target of $48.93 taken from a group of Wall Street Analysts. The rating was maintained by Stifel Nicolaus with "Buy" on Thursday, July 23.

Instinet released its first research report on the stock by announcing an initial rating of "Outperform". The rating was maintained by Needham with "Buy" on Wednesday, November 4. Nomura has "Neutral" rating and $44 target. The stock has "Buy" rating by Maxim Group on Wednesday, June 14. Argus Research upgraded the stock to "Buy" rating in Tuesday, November 15 report.

When investing in a volatile security, the risk of success is increased just as much as the risk of failure. 1 of these were buys and 0 were sells. Hendershot Investments Inc. boosted its holdings in The Cheesecake Factory by 4.3% during the second quarter. Jpmorgan Chase & reported 0% in Cheesecake Factory Inc (NASDAQ:CAKE).

Recent insider trends for The Cheesecake Factory Incorporated (NASDAQ:CAKE) have caught the attention of investors. Moreover, Davidson Kempner Capital Management Lp has 0.01% invested in the company for 79,818 shares. Citigroup holds 0% of its portfolio in Cheesecake Factory Inc (NASDAQ:CAKE) for 59,082 shares. Scout Invests Inc has 0.7% invested in Cheesecake Factory Inc (NASDAQ:CAKE). Bluemountain Cap Limited Liability holds 10,645 shares. Wealthtrust stated it has 262 shares or 0.01% of all its holdings. Balyasny Asset Limited Company owns 861,627 shares. Airain owns 5,099 shares. The restaurant operator reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.76 by $0.02. Liberty Mutual Gp Asset Management invested 0.04% in Cheesecake Factory Inc (NASDAQ:CAKE). Goldman Sachs reported 622,271 shares. Fil Limited owns 0.06% invested in Cheesecake Factory Inc (NASDAQ:CAKE) for 330,405 shares.

Since March 6, 2017, it had 1 insider purchase, and 5 selling transactions for $973,500 activity. Shares for $141,201 were sold by ZURZOLO DEBBY R on Friday, March 10. $773,653 worth of stock was sold by KRANSDORF JEROME I on Tuesday, March 7. 13,422 shares were sold by BENN DOUG, worth $832,164.

Investors sentiment increased to 1.16 in Q4 2016. Its down 0.08, from 1.59 in 2016Q3. 34 funds opened positions while 51 raised stakes. Blackrock Advsrs holds 0.01% or 175,619 shares in its portfolio. (NASDAQ:RUTH) or 841,728 shares. Proshare Advisors Ltd Llc, Maryland-based fund reported 17,974 shares. (NASDAQ:RUTH) or 21,463 shares. Parallel Advisors LLC now owns 1,974 shares of the restaurant operator's stock valued at $132,000 after purchasing an additional 235 shares during the period. Comparatively, 86.2% of Texas Roadhouse shares are held by institutional investors. Findlay Park Prns Llp accumulated 0.52% or 711,833 shares. This works out to a net decrease in ownership of 1.02 million shares, and suggests that institutions are feeling bearish about the stock. 306,151 are held by Lyon Street Capital Ltd. Cypress Mgmt Limited Liability Corporation (Wy) has 46,880 shares. (NASDAQ:RUTH) for 267 shares. That's greater from its daily average of 0.22 million contracts. SLOMANN CHERYL sold $212,288 worth of stock or 3,444 shares. On Tuesday, December 13 the stock rating was initiated by Roth Capital with "Buy".



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